Beginner Traders On 1st Day Be Like (Part 3) #shorts

I have made a lot of beginner mistakes when I first started out trading so this is just one of them. A lot of beginner traders don’t appreciate risk management until they have blown their accounts. This applies to those who are trading stocks, forex, commodities, crypto and even options. Beginner traders often need to learn mistakes the hard way before they appreciate money management.

one of the trading mistakes to avoid is overexposing your account to too much risk. I see a of beginner forex traders opening way too many positions and then not calculating their lot size properly. This is because they want to get rich quick so they overleverage and don’t even practice proper money management.

What do you think?

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Written by Kevin Matthews




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