Mistakes made in Trading Life

[NetFreak]

Many new traders expects that Forex Trading is as easy as the Demo Trading and they make it as a Gamble, and eventually, they lose a lot in Forex Trading due to their mindset. Thus this would be the greatest mistake of any trader, to take the Forex as a Gamble.

 

[varunkochhar]

The biggest challenge for me was pulling the trigger when i got a signal from my charts, because we as a race think of ourselves as superior forgetting that the markets have a brilliant mind of its own. Just following it would make us succeed. Consistent position size with reasonable adds took care of the money mangament. Too much thinking (analysis) always leads to action paralysis.