Top 7 Reasons Why Most Novice Traders Fail in Forex Trading
If you are a novice to forex trading or have been doing so for a prolonged period, the following pitfalls, whether you want to believe it or not, may sneak their way into your trades. Although it is inevitable to make mistakes and is indeed a part of the learning process, it is essential to keep them to the bare minimum possible, especially when your money is at stake. Each trader intends to distinguish himself from the crowd and prevent money loss. Obviously, not all traders can fall into this bracket, and you may need to act as trailblazers who are willing to take risks and go in a path that isn't already there and stand out with innovative tactics and a unique approach to confront it. If you want to be one of the few traders who consistently make their confident attitude to profits, avoid making the following mistakes. Your Holy Grail Tactic Those new traders who have yet to become reliably successful and tend to bounce from one method to the next in search of the perfect tacti...