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Common mistakes made by forex traders

Potuse

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The common mistakes that each and every traders make when they are trading Forex is that they set unrealistic goals and as such, they will lack focus and it let them focus more on only making profit.
 
The common mistakes that each and every traders make when they are trading Forex is that they set unrealistic goals and as such, they will lack focus and it let them focus more on only making profit.

Most commly found mistakes that every forex trader makes are:
  • Lack of a Trading Plan
  • Overtrading
  • Ignoring Risk Management
  • Emotional Trading
  • Lack of Discipline
  • Failure to Keep up with Market News and Events
  • Lack of Understanding of Technical Analysis
  • Overconfidence
 

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