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Home» Questions»Q 181737
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Augusta
AugustaEnlightened Mentor
Asked: August 19, 20252025-08-19T18:50:11+00:00 2025-08-19T18:50:11+00:00In: Crypto & Forex

Mistakes to avoid by beginners in forex trading

Mistakes to avoid by beginners in forex trading
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2 Answers

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  1. De Mogul
    De Mogul Expert Mind A student
    2025-08-19T19:12:41+00:00Added an answer on August 19, 2025 at 7:12 pm

    Forex trading is a very risky business that is filled with promise that only very few benefit from. If you have to trade forex as a beginner you have to be very very careful and patient, because if not then you'll lose all your money. Before you even start you need to learn the skill very and get yoRead more

    Forex trading is a very risky business that is filled with promise that only very few benefit from.
    If you have to trade forex as a beginner you have to be very very careful and patient, because if not then you’ll lose all your money.

    Before you even start you need to learn the skill very and get your self a mentor to guide you through.

    When you’re done learning you must invest a very little amount that you’ll be able to lose without fear

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  2. eldavis
    eldavis Enlightened Mentor Graphic designer
    2025-08-20T02:14:29+00:00Added an answer on August 20, 2025 at 2:14 am

    One of the first mistakes a beginner makes when it comes to forex trading is their mindset. A lot of new traders often see forex trading as a get rich quick scheme. This mindset often leads to them taking wrong decisions simply because they want to make money quick. Having a deep understanding thatRead more

    One of the first mistakes a beginner makes when it comes to forex trading is their mindset. A lot of new traders often see forex trading as a get rich quick scheme. This mindset often leads to them taking wrong decisions simply because they want to make money quick. Having a deep understanding that forex trading is not a get rich quick scheme but something that requires more planning and proper analyzing first makes a huge difference.

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