80% of the traders made money in the (very realistic) simulations, but only 20% were successful once they traded real money. I've been learning about FX for almost 2 years and for more than one year I am succesfully trading at real conditions. During my learning process I've been able to recognize some commonly made mistakes by beginner traders (which I was also making). And some of these mistakes created a base for this presentation.

1. 7 Most Common Mistakes
from Beginner FX Trader
IS IT YOUR CASE?

2. “95% of Forex traders lose money
during their first year of trading.”
www.theforexguy.com/forex-traders-lose-money
Source:

3. 1 Trading Diary
Does your trading diary contain enough information?

4. “100% of traders blow their first
trading account.”
www.theforexguy.com/forex-traders-lose-money
Source:

5. 2 Broker
Is broker your friend or enemy?

6. “High frequency traders find it harder
to make money consistently than long
term traders.”
www.theforexguy.com/forex-traders-lose-money
Source:

7. 3 Spreads
Are you aware of them?

8. “80% of the traders made money in the
(very realistic) simulations, but only
20% were successful once they traded
real money.”
Psychology of Trading, Brett Steenbarger
Source:

9. 4 Psychology
Are you focusing on your strategy or psychology?

10. “Joe, never trade what you think.
Trade what you see.”
Day Trading, Joe Ross
Source:

11. 5 Announcing
How many times did you take SL during announcing?

12. “The success of a trader is
composed of 20% of setups and
80% of psychology.”
Disciplined Trader, Mark Douglas
Source:

13. 6 Self-confidence
Do you think demo trading success is enough?

14. “Markets are never wrong – opinions
often are.”
Jesse Livermore
Source:

15. 7 Over-trading
Do you know when to stop trading?

16. about commonly made mistakes by FX
beginners
CONTINUE TO COURSE...
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