Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
A new trader has lots of things to learn and they will often make various mistakes. To avoid suffering from big losses, they need to heed some of the warnings and trade with caution. Here are 3 popular mistakes most beginners make in forex trading that they can learn from.
In this video, we will be covering:
0:00 Introduction
0:22 How to Trade with a Plan
1:14 Having Realistic Expectations
2:11 Setting Stop Losses
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.