Top 5 Problems

for me this is the top 5:

  1. Lack of psychological self-knowledge
  2. Acting like trading is a hobby instead of a business
  3. Lack of patience (both in the education as in the trading itself)
  4. Starting to trade without a complete trading plan
  5. Paying more attention to setup than to strategy

1.Not having a clear strategy in mind.
2. Lack of self-control.
3. Not knowing when to cut your losses
4. Not knowing when to close take your profits either.
5. Not learning from your mistakes.

There are many things in Forex grading that needs a keen eye to identify them so first we should have proper trading knowledge and experience that enables us to minimize the loss factor and maximize profit margin.

  1. [B]TAKING TOO MUCH RISK[/B]
  2. Not being patience enough
  3. Cutting winnings because of fear
  4. Adding to losing positions
  5. lack of discipline

Only the experience will help you to overcome those.

  1. Thinking you know enough
  2. Being disorganized and undisciplined.
  3. Pointlessly deviating from a set strategy.
  4. Being impatient.
  5. Being greedy.