Number one mistake

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Thread: Number one mistake

  1. #1
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    Default Number one mistake

    Number one mistake
    Overtrading is a common mistake which often new trader does. If a trader can accept the loss, they start to over trade to recover that loss. But in the end, they lose the whole capital. So be careful with overtrading. I f you really want to recover your loss tries to trade with a proper trading plan not trade with emotion. My broker Eurotrader gave me the best support during my crucial time.

  2. #2
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    I see that the biggest mistake that the most of traders do is they trade with huge lots and high risk to profit with no plan or money management so this is the reason of the loss to a large portion of traders. So i think that we need to control on this and dependably maintain a strategic distance from the trade with high risk and with huge parts in light of the fact that the trade with plan is the best thing that dependably lead us to the achievement. At least we should follow 1:1 risk and reward ratio because a survey shows that most traders are right in more than 50% times. I am trading with Eurotrader. I have picked up this broker because it is a regulated broker. In the same place I can trade both forex and Futures.

  3. #3
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    in ro ham eslah kon:
    There have been so many with me that I have started overtrading to cover those losses by trading. That was my biggest mistake. If the trader maintains money management and risk management and trades, it will be covered automatically.

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