1) lack of knowledge: Most of the new currency traders are doing is not the time to know and learn the basics of movement of the currency. Therefore, they must in this case when there is a date for the issuance of economic news or statements important to leave the market to close their contracts open and wait until there is another appropriate opportunity to enter the market and this is the best way for them to enter the market only when it is calm and thus avoid indiscriminate traded during the news And think of the art movement of the market.
2) recurrence of entry on the same day: When you set a goal short in the number of points and a reasonable proportion of stop loss will make you verify a few hundred dollars a day, but the increase in the number of times to enter again and again can be quite prone to greater loss.
3) to enter at once a large number of contracts: Most companies give you a small margin of entry and some believe that this feature good understanding of Negro to enter a greater number of contracts at once to get greater benefit from you, remember that when reduced the amount remaining from your account for use in the margin to zero The program will get out of the market in the immediate closure of all contracts and you bear the loss.
4) rely on others in decision-making: often act unilaterally professional shops and take decisions in private does not depend on others for decision-making, there is no half by car or drivers, either be traded or you traded there for you.
5) the misuse of stop loss orders: a stop loss orders at the site near the market price, making it capable of being implemented at any moment, and this often Rushdie him a lot of programmes that ultimately have the benefit and you lose.
6) ill benefit from the pilot accounts: Most accounts closer to the pilot programme of games and not be sensitive to changing the price received for such accounts gives you the impression of actual and potential profit, especially during the limited movements of the market and once it is transferred to the account will discover effective, the psychological state when Dealing with fictitious capital is that you are free from any fear of loss will be your ability to boundless adventure, and soon moving to the truth and enter the market and any loss you experience will change your mental final. Advised to deal with the account the pilot to gain operational experience in how to carry out orders only, because he knows bad habits in how to deal with money as a game. Loss does not mean anything to you, begin to account teach you how to avoid the real loss.
7) during trading hours to stop: There are hours during the day detailing the official markets of both Asia and Europe and America by banks and investment funds enormous benefit and pay the price figures want to hold the deal at where there is no significant volume of trading is a victim goes to traffickers while they are young Relating to contracts outside the scope of market prices.
8) trading without a plan: achieving profit can not be the day the plan is to trade, commerce plan is a programme of action to achieve success and you must define your goals of the market and if you do not have a target this means that you have no plan and will lose in the end) there is statistical That 95% of the losers out of the market because there is no plan to have (
9) trading against the market trend: There is a huge difference between the purchase price low before rising market, buying the same price during the market decline, in the first case you have good profits in the second case the price of your purchase is the highest price.
10) the wrong exit from the market: if entered into the contract and the market is reversing sure to leave a good time, do not try to double the loss, if the market moves in the right direction does not convince yourself to get out quickly because you're tired, but you deal with fatigue and stress that part In contrast of your business does not covet greatly improved and you have to go out at a suitable site.
11) short-term trading mistake: If the goals of the deal is to achieve a profit less than 20 points, we advise you not to enter the deal, paid by the number of points between the entry and exit makes the possibility of greater opportunity against you.
12) insist on buying at low price and sell at a higher rate: This method may be useful in supermarket shelves, but in the currency market can not insist upon, but the price has been drifting away you do not return again.
13) Do not try to be smart too: statistics show that there are more trading success are graduates of secondary schools and dealing market simple manner in trying to go is more complex.
14) do not enter the market during the receipt of economic news: Most large movements occur before, during and after the time of the news, where trading volume and huge quantity of very large contracts and movement might be real and take a steady trend, it is not advisable to enter the market during this period (compare market movement In the quiet times when the market under the control of banks over the world on their clients).
15) Professional negligence conditions: that define the status of the market in terms of technical Is it suitable for high and low for the sale or purchase is key to the expected price near that could go either market mechanism sudden and rapid movements are often produced when the market toward a uniform.
16) trade on the basis of emotional: when the speculators in the market based on the convictions of emotional and not real ideas, make sure that emotions are a little poor and it can not perform the important things in life and good at their sympathies.
17) Lack of confidence: confidence comes from success is often If you start the first loss in market speculation it would be difficult to build confidence again, do not go to half-solutions, but to learn and gain more knowledge about the market before returning again to speculate.
19) lack the courage to accept defeat: There is no championship or the audacity to continue only loss there stupidity and cowardice, tried to swallow a loss today and wait for tomorrow and try again reaffirmed probably made profits, remember that your relationship contract is not losing your relationship holding marriage market and can act Insane manner that just held against you in the currency market and the loss is irreparable and may not affect your results in the overall monthly.
20) Failure to focus on the contracts at hand: when it begins imaginatively profits and luring them with financial building on the grounds that it inevitably reality and start thinking of how to award and enjoy it and have not yet been achieved, the same thing to begin with anxiety, tension of the loss did not occur, be sure You become a reality outside. Instead, it focused on the open contract and acted wisely in order to stop the closure order in appropriate locations and be natural, such as astronaut resting and enjoying the trip and mentioned that you yourself are not controlled by this market and control it.
21) Misconception of news: The fact is that some journalists understand the economic news is superficial and they often focused on one element and neglect the rest, this leads to the arrival of the news is distorted, sometimes you have to learn to read news from their sources of economic infrastructure, you have to learn to compare the figures Typical old and expected and issued just, if your English does not help this problem other than recourse to translate the news you may lose its meaning and makes you act in a manner inappropriate.
22) Would the luck side: may change your will rise through the deals entered by non-planning or expertise that does not mean you were successful during that transaction and not every story, but perhaps we are fortunate for the circulation of Macedonia, the fact that you are absent you have neglected Risk factor for a high degree but you I was very lucky to go beyond those deals successfully and you reap a lot of profits, you should review your transactions successful development of the potential loss of one or twice I think how it would probably balance that would be brought Tva zero. Successful speculators who deal with all eventualities and the market can accept the loss is limited to return again.
23) profit charity way: When obtain a profit by unexpectedly through a deal had seemed a losing 100% but the circumstance or emergency news of the market change direction and got a profit properly, do not expect Surprises always good, but it is better to employ these profits in new deal Studied.
24) courage under fire: "When a policeman entered the hideout of a gang that breaks the door it is known that he was vulnerable to fire and can be infected at any moment, but it is the currency of each conviction does not hesitate, and so the market and trading in currencies is natural to be scared, but you have to breaks in the market - without storming There is no trade, no trade without a profit.
25) Best time to trade: 3 hours per day of intensive trade quality is the best thing that allows your head and you satisfied, during the time of trading in the market and control the focus must be 100%, while the half-solutions are completely ineffective, do not you think that survive several hours before the screen Magdi computer is always there.
26) withdrawal from the tour: correct is to put a stop at an appropriate place, rational and let the market take its course, if implemented immediately, it means you out of the deal and are not the end, they have lost the round but you did not lose a final such as the repatriation of those in the battleground slightly injured Him to withdraw and return address after surgery. The site is trying to change or stop immediately return might lead you to the injuries just as great fighter, which stands for simple infection after receiving a new barrage of bullets, the loss of simple does not mean every loss and return tomorrow better than to insist on staying and bear more loss.
27) mixing apples and oranges in the basket of one: imagine you're watching Eur \ usd a rise in market dealings and then they buy Gbp \ usd because it did not rise yet, and this is a grave error, it may be Gbpusd not move so far because there is bad news for the British economy and an expected To decrease instead, so as to monitor the price of apples to buy flowers!
28) traded in more than done: If you have more than one currency traffickers at the same time, it means that you double the control of many indicators and many of the economic news which could add significantly increase the burden of fatigue.
29) surrender easily: can not be your transactions for this day successful, but he should not be cause for the defeat and withdraw completely, it must be within your budget plan for the highest daily loss can be borne, even if they reach them once or twice through deals This is a losing Natural and expected.
30) excessive fear of accepting defeat: Trading is not a personal challenge or question of dignity, they work, does not believe that the loss never mean that you failed This can be caused by the sudden news of a statement or not when you entered an impact on market movement, once again ordered to stop Place In the right place and set it before entering the market in advance.
31) ratio of risk: If the stop loss is placed at a distance of 20 points and ordered to leave after 60-point, it means you've possibility of profit into a loss 1-3, In fact, if we thought points in a presentation \ demand by 3 points, the teams actual figures are 17 Point is to stop and 63 points for profit. In other words, the truth is 17 \ 63 the sense that you win is 1 \ 4.
32) error in the selection of financial intermediary: Many brokerage firms are terrible in transmitting technical In the search for their own interest at the expense of the customer, try to choose them carefully, listen to the views on intermediaries in the forums of several parties and read carefully from the mediator, who intends to deal with him, not Feel free to take advice from people neutral.
33) rely on the extension programmes: There are many companies that gives you an indication their entry and exit for sale and purchase without the self indicate how these signals, these companies are often not true, but the sale of services such as the black box service they Gro daily record of successes but you have to consider the subject This way: if someone owns chickens lay eggs every day Egg Is the sale of gold chicken b 5000 $ example? Of course, impossible.
34) The principle of speculation: all the work which includes speculation and speculation Forex requires a plan of action, what did not take enough time to develop a plan and determine the rules that will be pursued, it means that you exist within the market without a goal and without focus, you have to sit down for some time before entering the market and write Its plan and define business rules and meticulously executed.
35) control the void: There is a saying that says, "just to control the currency can be controlled in any currency", focusing on the single currency is very important to know and understand the artistic movements in each currency a single method of trading after the currency to understand this period and achieved good control over the full In reading and trade can be transmitted to another currency in an easy, either distract the focus from the outset it was like nothing without control.
36) Long-range thinking: do not start, you have to live the moment where you especially if you are traded during the day, why would not you will have a market in the next month or even next week, if your business relies on 30-50 Point you have to keep committed to what happened now and not moving away thinking to the future, this does not mean that you are away, but what will happen is an important part of your business should be aware of long-term trend.
37) overstatement of self-confidence: Trade is not easy; statistics show that there are 95% failure rate. If I worked very well do not make your success be a source of confidence and to ensure the absolute success; always feel for ways to improve your business. Success is to maintain the viability over the summit and not just ascend to such a vessel to maintain the flat above sea level without drowning, must be thinking about wanting to be on the market when exactly the same as You Think outside the market and this is not a game of football requires you push and sustained attention, working Quietly.
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