Read this short one:A list of biggest mistakes that traders - especially newcomers - do again and again:
1 too small deposit.
2 too high leverage.
3 too many open trades - people trade as if there is no tomorrow - always on an available margin level of 100% - you know what happens when the market goes 40 pip or more in some minutes.
4 no stop/loss or take profit - what happens when the connection goes down? s/l and t/p is stored on the server - nothing will happen then when your computer or connection breaks down.
5 And the worst thing: most newcomers do all these mistakes together.
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