What are the deadly Mistakes while Forex Trading you shold aware of?
回答 (10)
Not having a proficient knowledge and understanding of money management. By that I mean the percentage of capital to risk on each trade. Not using stop loss with each and every trade. There are so many other factors, most dealing with emotional aspects of trading.
Nothing.
There is a one hundred percent survival rate among forex traders.
參考: Ease off on the drama.
The worst mistake is people panic on a one day downturn instead of concentrating on the long term
Not completely actually Understanding Forex Trading.
Trying to make money in it.
Believing ANYTHING in ANY 'system' you find.
Unless you are prepared to LEARN the equivalent of a degree in foreign exchange and become a FULL TIME trader, trading in ANYTHING is a 'deadly mistake'.
Note: Thomas is a PRIME example of what NOT to do.
High Risk. Very high, so unless you thoroughly know how
to trade in the FOREX market, stay clear.
I would highly recommend what is called swing trading of
Blue Chip or solid stocks that have high volume and
reasonable volatility. Ones that have over a billion of
market capitalization. Pick stocks that are under $5.00
per share, and if you get good, move that to under $10.00
per share. If possible, be able to start using at least
$5,000 per trade. Learn technical analysis, and reading
charts; when to enter, where to exit.
This is a lower risk approach to investing. Your returns
will usually be under $1,000 per trade, but they can add
up, and what happens is----you can start making a nice
monthy stipend to supplement your income, or be your
income. You can start paper trading on TD Ameritrade
or without getting an account and do it on Investopedia.com
收錄日期: 2021-04-24 01:02:58
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