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  1. #1
    Registered user mohabbat's Avatar
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    Beginners do not get hurry to take new entry

    Hello Fellow members today I want to share something very important things with you. When I was newbie I was so excited to take entry. Watching the market movement I can not control myself from taking entry and that mistake caused big huge loss. So I want to suggest you guys that please do not get hurry to take entry. Be patience watch the market movement and making market analysis take the entry. If you follow this then you may get return from trading other wise not. There is rules regulations for trading. Follow it perfectly if you want to survive in this market.

    Best of Luck to all.

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    Don't loss you hope.

  2. #41
    Trader Azis Muslim's Avatar
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    Quote Originally Posted by Darkhorse View Post
    Beginner traders should always make preparations, they need to know how the market works and know that success on forex trading market comes with a price. Being in a hurry to trade is wrong, one of the mistakes a lot of people has made. Obviously we will get excited on the amount of money we can make. But that does not mean we should think about taking the step to making huge money in a short time.
    [lang=id]Making such preparations could be like gathering all reliable information to make it as our trading decisions for later use, validating our trading ideas to make it more accurate, and planning on how we get in and out from market while taking good profits with minimum losses amount. It is good for us to have them all not just for beginners but as experienced traders as well.[/lang]

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  3. #42
    Trader sniper007's Avatar
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    Quote Originally Posted by Azis Muslim View Post
    [lang=id]Making such preparations could be like gathering all reliable information to make it as our trading decisions for later use, validating our trading ideas to make it more accurate, and planning on how we get in and out from market while taking good profits with minimum losses amount. It is good for us to have them all not just for beginners but as experienced traders as well.[/lang]
    It will be hard before a beginner will be able to gain such discipline that will enable him or her not to not to be in a hurry. You know forex trading has that features that makes traders want to always trade every day so that they can make money, it only takes the right skills of an experienced trader to know that before we can earn money from the market we need to not be in a hurry at most times and thing well, in a nutshell make good analysis.

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  4. #43
    Trader Sascha's Avatar
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    Quote Originally Posted by sniper007 View Post
    It will be hard before a beginner will be able to gain such discipline that will enable him or her not to not to be in a hurry. You know forex trading has that features that makes traders want to always trade every day so that they can make money, it only takes the right skills of an experienced trader to know that before we can earn money from the market we need to not be in a hurry at most times and thing well, in a nutshell make good analysis.
    indeed it's hard for them but not for traders who've been in this business for years. for beginners, everything's hard to do and they need to spend a lot of time before they can do anything profitable with their trading. only mistakes that help beginners to make them realize not to hurry in opening new entries because market is providing a lot of chances. i don't know how to tell beginners about this because most of them are careless.

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  5. #44
    Trader sniper007's Avatar
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    Quote Originally Posted by Sascha View Post
    indeed it's hard for them but not for traders who've been in this business for years. for beginners, everything's hard to do and they need to spend a lot of time before they can do anything profitable with their trading. only mistakes that help beginners to make them realize not to hurry in opening new entries because market is providing a lot of chances. i don't know how to tell beginners about this because most of them are careless.
    But yet they want to make fast money from the market still. I just do know that most times we are the cause why we make mistakes and then loss our money . Because as a beginner the aim should not be on making money so fast. But paying more attention to learn how the successful traders has been able to have it done for themselves.

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  6. #45
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    Once you get hurry to make new entries in forex you will find yourself in a position where you will regrets opening a trade and will be filled with emotions of closing up in loss, adjusting your stop loss or keep hoping for the market to reverse. We must not rush this business and we must see reasons to which we have to build a great means of trade in forex. Nothing is easy to achieve and if we can plan well and build a great skills, we will have what it takes to achieve much profitable income.

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  7. #46
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    Quote Originally Posted by Tonycee View Post
    Once you get hurry to make new entries in forex you will find yourself in a position where you will regrets opening a trade and will be filled with emotions of closing up in loss, adjusting your stop loss or keep hoping for the market to reverse. We must not rush this business and we must see reasons to which we have to build a great means of trade in forex. Nothing is easy to achieve and if we can plan well and build a great skills, we will have what it takes to achieve much profitable income.
    Solution is only with the stoploss because i personally try that when we don't have stoploss and we are waiting that market will reverse our trade success chances up to % which is very bad number so for trading and for successful trading ideas it would be useful for us to manage our trading ideas and strategy for success and for a good system also .

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  8. #47
    Trader Lyon's Avatar
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    The mistakes every beginner will keep on doing is being in a hurry to make money. We should not be in hurry to make money but we have to be patient and learn more better approach on how we can trade and succeed. Making money in forex market needs the right skills. The concept the beginners should learn that will help them is making analysis using the support and resistance at the first stage of learning.

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  9. #48
    Trader Sascha's Avatar
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    Quote Originally Posted by fahaddd View Post
    Solution is only with the stoploss because i personally try that when we don't have stoploss and we are waiting that market will reverse our trade success chances up to % which is very bad number so for trading and for successful trading ideas it would be useful for us to manage our trading ideas and strategy for success and for a good system also .
    it doesn't affect beginners much because before they can understand market and don't want to learn basic knowledge, it's useless for them to use stop loss because most trades opened by them would always get stop loss done. we need to know what drives such beginners why they insist to take their trades in hurry and to know this easily, we can remember what we were doing back then when we were still new and failed.

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  10. #49
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    I think the beginners, most of them has the wrong understanding for forex trading business so they are like it is the business where one can make fast money from. Not knowing that one has to be well prepared, have a trading plan and then make sure to always trade with patient and have targets on the best opportunity on the chart.

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  11. #50
    Trader Sixteen's Avatar
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    Patience is one thing that every trader have to understand if truly they look to make a good earnings from forex. Newbies filled their minds with means on how to make huge money in forex, that's why you see them rush into trading and in no time blow off their trading investment. This is not what we should look towards to but ensure that we have the right system that would help us make a good trading when it's the right timing.

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