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  1. #1
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    Learning from past mistakes

    Learning from the past mistakes is essential for progress. Uncommon traders keep a journal and much of the time overview it to see what messes up they have done. By then they endeavor not no confer comparative blunders on and on. I also keep a journal for my trading. At present I'm trading with Eurotrader, a regulated broker. It provides premium services to its customers. It offers ultra low spreads starting from 0.0 pip. It has various funding methods and sufficient liquidity providers.

  2. #2
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    Jun 2020
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    There should be discipline in every trader. You can't be satisfied with trading without discipline. Risk management is part of this discipline. If a trader cannot manage the risk, he will not be able to sustain the trading investment. Every trader should use a 1: 2 risk-reward, otherwise, he will never be able to make a profit by covering the loss. Risk rewards and money management are an important part of trading. If you don't remember these two things while trading, there can be many problems. A good broker can help you to trade perfectly and also making monmey from this market. I am currently trading with Forex4you. They are very helpful.

  3. #3
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    Quote Originally Posted by Lewis Flabian View Post
    There should be discipline in every trader. You can't be satisfied with trading without discipline. Risk management is part of this discipline. If a trader cannot manage the risk, he will not be able to sustain the trading investment. Every trader should use a 1: 2 risk-reward, otherwise, he will never be able to make a profit by covering the loss. Risk rewards and money management are an important part of trading. If you don't remember these two things while trading, there can be many problems. A good broker can help you to trade perfectly and also making monmey from this market. I am currently trading with Forex4you. They are very helpful.
    We must understand that trading is a Risky business and this is why we have to make sure that we are able to control the risks in our trading. In this way we can start making the Profits and also become Profitable Forex traders. I am doing my Forex trading with the help of the Broker FXOpen as they are very Reliable and True ECN Forex Brokers.

  4. #4
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    Apr 2020
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    This is probably the most important process that it is important to understand the trader. You always need to learn from mistakes, because this is very important for the results of work.

  5. #5
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    It is important for the trader to always analyze the results of his work and try to always learn from the mistakes that he made during the work. This is an important aspect for success.

  6. #6
    There is an urgent need to learn from mistakes. Success can never be achieved without learning from mistakes. Of course, lessons should be learned from mistakes. If the same mistake is not made more than once, it is very important to take care of it. Every trader should learn from Mistake by doing demo trading. Perfect for chart analysis of Eurotrader trading platforms.

  7. #7
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    Jan 2021
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    Correct and competent analysis of mistakes that influenced your trading in the future can lead to a good result and make your mushroom bigger

  8. #8
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    Sometimes there is such a moment that we repeat the same mistake and this happens because we do not draw conclusions from past failures

  9. #9
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    Quote Originally Posted by Adorilon View Post
    Sometimes there is such a moment that we repeat the same mistake and this happens because we do not draw conclusions from past failures
    We must understand that if we will keep on repeating the same kind of mistakes again and again then our chances of becoming a successful trader will go down.

  10. #10
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    Jun 2020
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    You must always be on the lookout and close several deals in a row with a greater than usual profit for you, do not be greedy and force yourself to stop trading in time, until the moment when all the delight from a sharp success dissipates and you start to think soberly again.

  11. #11
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    It sounds pretty simple, but learning it is pretty hard. As for me, it is simply necessary to learn from your mistakes, but it is quite difficult to achieve this opportunity.

  12. #12
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    Nov 2020
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    Quote Originally Posted by banake View Post
    It sounds pretty simple, but learning it is pretty hard. As for me, it is simply necessary to learn from your mistakes, but it is quite difficult to achieve this opportunity.
    it's not pretty hard until you have good foundation for what you are practically going to do, you can try with forex ea discussion, which can give you edge about how you can take advantage of your trading.

  13. #13
    To be successful in trading, it is very important to be able to analyze your mistakes and draw conclusions from them, thus, you make adjustments to your plans and trading strategies.

  14. #14
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    Learning from your mistakes is one of the key. A trader who can learn from his mistakes can save a lot of money. And this is profit)

  15. #15
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    Making mistakes, we gain a certain experience and knowledge, because if we study and analyze the mistake, we supplement ourselves with knowledge.

  16. #16
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    It is very important to learn how to work with your mistakes, and most importantly, to be able to correct them. This skill is important not only for trading, but in general for life.

  17. #17
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    Quote Originally Posted by banake View Post
    It is very important to learn how to work with your mistakes, and most importantly, to be able to correct them. This skill is important not only for trading, but in general for life.
    We are all humans and we tend to make mistakes in our trades. We must understand that if we will make less mistakes then we would be able to get success.

  18. #18
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    Apr 2020
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    It is very important to learn how to analyze your mistakes and learn from them. For a trader, this is generally a key task that can significantly simplify the negative consequences of work.

  19. #19
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    Jan 2021
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    as for me, this is really a very important moment in training and further work, it's a pity that few people learn from their own mistakes

  20. #20
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    Quote Originally Posted by Diedriarekh View Post
    as for me, this is really a very important moment in training and further work, it's a pity that few people learn from their own mistakes
    It will happen that when we are doing our trades in the Forex markets we will tend to make losses. We have to make Efforts and minimize the losses into our trading.

  21. #21
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    Jul 2020
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    Learning from your past mistakes is very important, but learning it is really very difficult. As for me, for a trader this is one of the most difficult tasks.

  22. #22
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    Jan 2021
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    I always try to take into account all my mistakes for future decisions, this in any case will give a positive result, only it turns out to be done not for everyone, otherwise there would be much more profitable traders

  23. #23
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    May 2020
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    The ability to correctly analyze the results of your work and learn from this is a very important skill. The main thing is to be able to use this skill correctly!

  24. #24
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    Quote Originally Posted by malopis View Post
    The ability to correctly analyze the results of your work and learn from this is a very important skill. The main thing is to be able to use this skill correctly!
    When we are doing our trades it happens that we will be making the same kind of mistakes in our trades. This is why it becomes extremely important for us to learn from our past trading mistakes so that we do not repeat them in the future.

  25. #25
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    Jul 2020
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    Teaching yourself to learn from their own mistakes may not be as easy as it may seem at first glance. It's a pretty complicated skill.

  26. #26
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    Nov 2020
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    In order not to make the mistakes that were already in your practice in the future, you need to analyze them and understand why this happened and what needs to be corrected so that this does not happen again.

  27. #27
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    May 2020
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    Learning to take into account your mistakes in work, and most importantly, learning from mistakes is very difficult. But it is worth realizing that this is the way to perfection.

  28. #28
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    Quote Originally Posted by malopis View Post
    Learning to take into account your mistakes in work, and most importantly, learning from mistakes is very difficult. But it is worth realizing that this is the way to perfection.
    Many times it will happen that the traders are making the mistakes in their trading. They have to understand that if the mistakes will be lesser then the chances of getting income will also increase for them.

  29. #29
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    May 2020
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    so you don't even suspect, and this is the best training that you can get, so do not look for dubious options on the network but go and practice

  30. #30
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    Jan 2021
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    117
    Learning from mistakes is one of the most lasting knowledge we can gain, not just in trading, but every area in our lives. It can be so easy to fall into the trap of blaming the market or something else for our losses. But the way to truly go forward and gain control over our finances is absolutely to hold ourselves accountable and learn from old mistakes.

  31. #31
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    Apr 2020
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    As for me, it is extremely important for the trader to always monitor his mistakes, and most importantly, to analyze them and try to find the reasons for the errors. It really plays an important role.

  32. #32
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    Nov 2020
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    Some people complain that uh, mistakes that were once made are repeated in their trading, all this happens because we don't draw conclusions and don't learn from our mistakes.

  33. #33
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    Apr 2020
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    Training for a trader plays a very important role. When I first started working in this industry, I decided to choose a broker from Amarkets for training. Like for me, this is a great option.

  34. #34
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    Jul 2020
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    As in any other industry, mistakes are quite normal. The main thing is to correctly analyze errors. And based on the analysis, try to prevent them again.

  35. #35
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    Aug 2017
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    The traders who are going to start trading in forex market need to follow some strategy. If any new traders or beginners want to enter into forex he should know the basics of the forex trading. Without the basic knowledge he can not trade in the forex market. A trader can open a demo account to learn all the basics of forex trading. It will help him to know how to trade, where to trade, when to trade. It has no risk. There is no need to invest capital in demo account. I also opened a demo account in Forex4you. I learned all the basics of the forex trading from that demo account practically. It is a demo version of live account. So everything in there is just like a live account. So a beginner can easily learn the basics of forex from a demo account.

  36. #36
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    I believe that it is quite important for the trader to always analyze the results of work and take them into account in the process of work in order to avoid past mistakes.

  37. #37
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    Honestly, learning from mistakes is a very important skill. I myself blame myself for the fact that I still do not know how to do this, but learning this is far from as simple as it may seem at first glance.

  38. #38
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    Every trader actually makes mistakes, but it is much more difficult to accept them, and most importantly, to be able to fix it. In addition, if we are talking about mistakes.

  39. #39
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    Jul 2020
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    Learning from mistakes is essential in order to avoid them in the future. As for me, for the success of the trader, this is a crane important aspect

  40. #40
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    Quote Originally Posted by dayzzz View Post
    Learning from mistakes is essential in order to avoid them in the future. As for me, for the success of the trader, this is a crane important aspect
    We do make mistakes in doing our trading so we need to learn from the past mistakes and do not repeat them in the future.

  41. #41
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    Jan 2021
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    All our mistakes that we make during trading give us the opportunity to work out our weak points and improve our consciousness, which, as a result, will be positive for us in further trading.

  42. #42
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    May 2020
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    This is a really important skill that is not possible for everyone. As for me, it is worth understanding that learning from mistakes is extremely important and necessary.

  43. #43
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    Feb 2021
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    Ignoring your mistakes is the same as marking time because you cannot move forward and achieve good results if you don't draw any conclusions and introspection.

  44. #44
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    May 2020
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    I try to learn from the demo account. As for me, this is the most working option for training. When I started working with a broker from Amarkets, I used a demo account for training.

  45. #45
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    Feb 2021
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    Making mistakes and in the right place, we can make ourselves more successful and avoid irreparable consequences in further trading.

  46. #46
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    May 2020
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    It is very important to be able to recognize mistakes, and even more important - to correct them. As for me, in this case, it is much more likely to receive positive results.

  47. #47
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    Apr 2017
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    In Forex market the spread is really very important tools to almost every trader, because with certainly the lower spread can help a trader to make good money easily. By using the low spread, you can make profit in a short- time. From my credible broker TP Global FX I get the low zero spread from 0.01 pips with instant market execution, low commission, low margin with easy withdraw facility forever in their platform.

  48. #48
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    Feb 2021
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    I believe that a trader should be able to admit mistakes, which will ensure that they are avoided in the future .. Take the time to study and realize your mistakes in trading, this is the only sure way to successful trading.

  49. #49
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    Apr 2020
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    120
    The analysis of each mistake gives you the opportunity to increase your knowledge, as well as gain some experience, so you should always try to strive to learn everything.

  50. #50
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    Learning from mistakes is a very important skill. As for me, it is so much easier to achieve positive work results and make a profit.

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