50 FOREX TRADING MISTAKES TO AVOID
1. Don't start big. ,
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2. Don't over-trade your account.
3. Don't trade Forex for money only.
4. Don't gamble.
5. Don't trade if you don't know the market direction.
6. Don't trade Forex without stop loss.
7. Don't use Forex robots to trade.
8. Don't subscribe to daily Forex signals.
9. Don't be greedy.
10. Don't be afraid to lose.
11. Don't trade Forex without a trading plan.
12. Don't listen to professionals.
13. Don't be emotional with your trades.
14. Don't wrestle with the big players.
15. Don't throw back profits into the market.
16. Don't trade on Sundays and Holidays.
17. Don't be desperate to get rich quickly.
18. Don't trade if profit potential is less than 100pips.
19. Don't be generous with your stop loss.
20. Don't trade with real money if you don't have a good and
working trading plan.
21. Don't be a 24 hours Forex trader.
22. Don't use too many indicators.
23. Don't trade if there is no opportunity.
24. Don't use any profit-risk ratio that is less than 3: 1.
25. Don't trade with high leverage.
26. Don't trade Forex with money you cannot afford to lose.
27. Don't trade Forex full-time.
28. Don't trade News.
29. Don't engage in Forex scalping.
30. Don't expect to make profit always.
31. Don't be eager to trade.
32. Don't trade the past.
33. Don't join any trend mid-way.
34. Don't trade everyday.
35. Don't be indiscipline with your trading plan.
36. Don't be too confident.
37. Don't adopt others' trading method.
38. Don't trade all currency pairs.
39. Don't trade against strong supports and resistances.
40. Don't follow the crowd.
41. Don't expect too much from the market.
42. Don't discard your mistakes.
43. Don't engage in hedging.
44. Don't average losing trade.
45. Don't seek revenge against the market.
46. Don't try to take advantage of the market.
47. Don't buy after a rally in price.
48. Don't sell after a pullback in price.
49. Don't stop learning.
50. Don't quit Forex trading.
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