Novice Traders Makes The Most Losses!
Page 1 of 3 123 LastLast
Results 1 to 10 of 21

Thread: Novice Traders Makes The Most Losses!

  1. #1
    Registered user
    Join Date
    Aug 2013
    Posts
    762
    Promo (¢)
    40
    Thumbs Up
    Received: 78
    Given: 14

    Unhappy Novice Traders Makes The Most Losses!

    Though I have made this topic, but because I need your opinions, I started it.

    I think so, and even my personal experience says that, traders who are not serious in their trading, and doesn't trade with full motivation and dedication, they do more losses as compared to new members who have just started trading. Whether this mistake has been done by a professional or a newbie!

    One should do as much hard work as s/he can. If you need to make profits, then you need to become a good trader first. You should posses some good qualities of a trader. You should be serious, you shouldn't take trading for granted. In order to make profits, we need to be serious, and work here with full motivation and dedication and with full interest. If your inspiration is down, then you should take a bit rest, so that your spirit of trading could become rejoiced again.

    What you traders think?

    Not allowed!

  2. #2
    Registered user
    Join Date
    Sep 2013
    Location
    Kolkata
    Posts
    358
    Promo (¢)
    25
    Thumbs Up
    Received: 3
    Given: 0
    I am agree with you that the newbie always make mistakes in Forex trading and we all need to correct them by doing practice in Demo accounts. A forex trader needs to understand that trend is the friend of a trader and a trader must follow the trend and no need to trade against trend.

    Not allowed!

  3. #3
    Registered user
    Join Date
    Oct 2013
    Posts
    78
    Promo (¢)
    0
    Thumbs Up
    Received: 0
    Given: 1
    novice traders are losses money, this is the most common issue of every new forex trader. then usually loss money just because of poor knowledge of forex market. because little knowledge is always dangerous.

    Not allowed!

  4. #4
    Registered user
    Join Date
    Oct 2013
    Posts
    425
    Promo (¢)
    10
    Thumbs Up
    Received: 8
    Given: 7
    Yes, if you have less amount of experience or knowledge about forex trading business then you will be unsafe from losses, it is very riskey business and you would like to safe yourself from losses by avoid greedness and taking huge risks, if you are not able to to avoid your greedness then you will be in loss every time

    Not allowed!

  5. #5
    Registered user
    Join Date
    Aug 2013
    Posts
    9,885
    Promo (¢)
    1,740
    Thumbs Up
    Received: 61
    Given: 48
    novice traders make the most loses because they are still in the beginning and do not have a good skills nor experience and do not be able to analyze the market so they make many mistakes and so their loss is increased but with further trading they will improve their trading style and will decrease their mistakes and will decrease their loss and will increase their winning

    Not allowed!

  6. #6
    Registered user
    Join Date
    Nov 2013
    Posts
    3
    Promo (¢)
    30
    Thumbs Up
    Received: 0
    Given: 0
    This is very much obvious because novice that mean newbies don't know well about the trading and trading strategies. Most of the new traders are hurry to get some profits from their first trading. Some gets profits and some are not. But, those traders who got profits and again they also lose their money. Forex is very complex trading system. We need to know and learn Forex trading carefully and eagerly.

    Not allowed!

  7. #7
    Registered user
    Join Date
    Mar 2013
    Location
    Am fuly awear of the difficulties of life,so ill try to bounce back
    Posts
    1,169
    Promo (¢)
    0
    Thumbs Up
    Received: 9
    Given: 1
    I totally agree with you on the importance of learning how to trade before actually investing your funds,that's the reason why demo account was created,so for those who whsts to be successful its best you try to understand the price behaviors and creat your own trading strategy.

    Not allowed!

  8. #8
    Rookie martyn's Avatar
    Join Date
    Jul 2013
    Posts
    1,328
    Promo (¢)
    1,030
    Thumbs Up
    Received: 19
    Given: 0
    True, we do have to remember at our condition when forex trading. Usually when we are beginners and are experiencing a lot of loss, we will monitor the chart all the time to learn forex harder if we want to survive in this business. Lack of rest can also be influential in the forex trading, it could cause us to be difficult to control emotions in forex trading.

    Not allowed!

  9. #9
    Registered user
    Join Date
    Aug 2013
    Location
    Male
    Posts
    1,963
    Promo (¢)
    500
    Thumbs Up
    Received: 18
    Given: 17
    Your advice is good. Novice traders are facing repeated loss due to improper trading with their inadequate knowledge and skill. If we continue demo more than 6 months, then we can hope to become a good and perfect trader. But we need to consider demo with serious concern with a view to learn from demo. The demo trading capital is our one kind of examination. If we protect the demo capital after continuing 6 months trading, then we must be able to gain in our real trading.

    Not allowed!

  10. #10
    Registered user
    Join Date
    Nov 2013
    Posts
    757
    Promo (¢)
    250
    Thumbs Up
    Received: 10
    Given: 36
    Forex trading business is a business of knowledge and experiences only and as the newbies lack in both knowledge as well as experience they loose the most and that's why every experience trader suggests not to go for real account trading without having a winning strategy but due to the excitement of real account trading they trade and loose.

    Not allowed!

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •