Avoid These 3 Common Mistakes In FX Trading

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  • čas přidán 24. 08. 2024

Komentáře • 164

  • @FalconFXTrading
    @FalconFXTrading  Před 4 lety +54

    Drop a like on this comment, if you are excited about this Friday's video!!! See you all at 7pm Friday.

    • @brandenhamptin89
      @brandenhamptin89 Před 2 lety

      Which online platform do you recommend for newbies to know the secret on how to become a millionaire without loss?

    • @brandenhamptin89
      @brandenhamptin89 Před 2 lety

      thank you for the recommendation. I just started making profits now from the platform. I started my account with a small capital. I will definitely add more.

  • @KingdomControl
    @KingdomControl Před 4 lety +17

    Mistake 1: No trading plan. Trading based off of how you feel or what it seems like the market will do.
    Mistake 2: No risk management. Increasing your risk just because a setup looks good.
    Mistake 3: Lofty expectations. Having a get rich quick mentality.
    Thank you Mark for exposing these common mistakes we make in FX trading. Keep making pips!

    • @sephineramko5315
      @sephineramko5315 Před 3 lety

      @JR Which one the plan is adviceable for me to use as a beginner?

    • @1robjames
      @1robjames Před 3 lety

      @@sephineramko5315 demo

  • @HUGO-gj3wd
    @HUGO-gj3wd Před 4 lety +12

    Thank you. I didn't even realise i was making these mistakes. Yes expectation was the reason why my account was blown. Climbed all the way from 5$ to 35$ and lost all of it in one day. I knew i overtraded but now i am currently making a trading plan. Thank you for sharing this

  • @mrvip866
    @mrvip866 Před rokem +1

    Those are really the mistake I'm working on solving everyday.
    Thanks Mark

  • @tuledlamini8511
    @tuledlamini8511 Před 2 lety +1

    Thank you...I realized I've been doing all three mistakes and wondering how am I going to change, this video just gave me an idea. Very powerful message 💯🔥

  • @raymondwilliams3486
    @raymondwilliams3486 Před 4 lety +50

    Be with a manager that knows so much about trading.. reach sir Reid Hoffman. He’s an expert.

    • @nelsonkingowen3266
      @nelsonkingowen3266 Před 4 lety +1

      Before complaining before making conclusions it is important to check personal input and your total trading status in general. As a trader in the financial market you can either lose or win, currently research has it that 60% of losses are due to poor software and inexperienced account managers. If you have made a decision to win I strongly suggest you employ the services of an expert in the field I recommend Sir Reid Hoffman

    • @curtisharrison4846
      @curtisharrison4846 Před 4 lety

      You are one of a kind,thanks so much for the great job

    • @jeansricherwin5839
      @jeansricherwin5839 Před 4 lety

      Are you looking for reliable strategist capable of earning you reasonable income? Then look no further as Mr Reid Hoffman has proven himself to be the beast strategist with high earning capabilities.

    • @michaelsmith-tw7eo
      @michaelsmith-tw7eo Před 4 lety

      Just so straight and direct .. love it bro, Reid Hoffman the best!!

    • @zoepayton1540
      @zoepayton1540 Před 4 lety

      💯💯💯 I’m in heavy training I’ll keep you posted on results

  • @mohamedabdulrahman5033
    @mohamedabdulrahman5033 Před 4 lety +11

    I work for your strategy , i make everyday profit ,big respect🙏

  • @maherfarah5718
    @maherfarah5718 Před 4 lety +2

    falcon is not only for making money there is elot of lessons do not wait if you are not falcon member

  • @bokangbk9752
    @bokangbk9752 Před 2 lety +1

    Recently the mistake I've been making is not managing my expectations, I literally was just saying on Monday to my friend that it's been a year now and am not where i thought I'll be. . But am learning that it's about the process

  • @StefanHutton
    @StefanHutton Před 4 lety +9

    needed this, down 28% this week being stupid

    • @FCUSD
      @FCUSD Před 4 lety

      instead just look for what you did wrong

  • @FailFlopFly-SalesforceImports

    I have a specific dollar amount that I risk on every trade and I divide this number by my stop loss to determine the number of shares I'm trading, this way I can never lose more than my pre-determined amount. Great video...cheers!

  • @SibusisoMakgolane
    @SibusisoMakgolane Před 4 lety +4

    Not having a trading plan that's my biggest mistake I was working on it as I'm even now but it hasn't been a priority that's why I haven't finished it but now I have a reason to work on it🖒

  • @shaonsanwar2
    @shaonsanwar2 Před 4 lety +2

    that is so powerful speech. I was on that trap I was consistent and my expectation was getting big aftar that I had a drawdown .than I realise what I have done .....so true

  • @nancyreed1557
    @nancyreed1557 Před 2 lety +1

    Yes , thanks for your recommendation Mark.

  • @Tobeyence
    @Tobeyence Před rokem +1

    😢I never that expectations its a slow poison ☠ thanks Mark you are a doctor of business

  • @ikechukwuodumelive
    @ikechukwuodumelive Před 4 lety +2

    So much value in this video. Thanks Mark. I really appreciate the value falcon is giving out.

  • @sattarsidqi8353
    @sattarsidqi8353 Před 4 lety +15

    Nice video sir but I have been trading with this Mr Meyer recently and I can proudly say that He is the BEST!!!

    • @muratomer1406
      @muratomer1406 Před 4 lety

      who is mr meyer

    • @metinumut1185
      @metinumut1185 Před 4 lety

      who is this mr meyer is he an online trader

    • @abbasayesha1501
      @abbasayesha1501 Před 4 lety

      please Who is he

    • @sattarsidqi8353
      @sattarsidqi8353 Před 4 lety

      Mr Meyer is an online trader who I have been trading with for about two months now

    • @rodgertim3621
      @rodgertim3621 Před 4 lety

      i guess i am not the only one familiar with Mr Meyer. He is actually very good and i have also been trading with him for a while now

  • @DulqaadElectronics
    @DulqaadElectronics Před 4 lety +2

    I have benefited you a lot 👍

  • @Elias_Capital
    @Elias_Capital Před 4 lety +3

    Thanks again Mark for another informative and helpful video, looking back at the market crash in 08, and now '20.. It's almost funny how there's is so much correlation in as far as the patterns we notice now in the market and previous market crashes. I'm grateful for Coronavirus, (not for the loss of lives and businesses affected) but the opportunity it will create. I love Falcon Fx.

  • @fxkagisowilliansechogo9105

    Wow you make more sense broh..

  • @axmeddaahir600
    @axmeddaahir600 Před 4 lety +6

    Am so curious about that informative video. Can't wait!

    • @FalconFXTrading
      @FalconFXTrading  Před 4 lety +1

      Axmed Daahir What was your biggest takeaway?

    • @haadpro2657
      @haadpro2657 Před 4 lety +1

      Reach me bro

    • @axmeddaahir600
      @axmeddaahir600 Před 4 lety +3

      @@FalconFXTrading I made all these mistakes. And I blew my account twice. Immediately after I finished *FALCON FOUNDATION SERIES* I wanted to turn $250 into $1,000 in one month, I failed but I thought there was something wrong with the market and deposited $250 again and blew it again. For me whenever I saw an ascending channel with multiple touches, I used to go short with big lot size. But that didn't work for me. I now started watching Sunday market breakdown, midweek and biweekly recap ( I like *biweekly recap* cuz I see you lose trades, am not alone, just joking.) I will persist until I become a full-time trader. Mark my mentor I'll remember you cuz you taught me an essential life skill.

    • @paulushaindombo5591
      @paulushaindombo5591 Před 4 lety +3

      @@axmeddaahir600 You need to work on your mindset i was in falcon for a month( I can't afford the course on consistence basis due to the currency conversion of NAD to GBP which is very high) and i gained self awareness that i never got from any other courses that i took before....I recommend you to read trading in the zone over and over again, FDS episode on Probabilities and psychology and to be humble and trust the process and a $1000 that you wish to make will come as a side effect.

    • @axmeddaahir600
      @axmeddaahir600 Před 4 lety +2

      @@paulushaindombo5591 thanks bro, I'll read it.

  • @johannschonfeldt4282
    @johannschonfeldt4282 Před 4 lety +4

    "True Words Legend Mark"

  • @NorthSideIncFX
    @NorthSideIncFX Před 2 lety +1

    I ve been trying to force consistency.

    • @FalconFXTrading
      @FalconFXTrading  Před 2 lety

      It's a fantastic step to identify that issue. Now to map the path forward!

  • @samuelpepple8243
    @samuelpepple8243 Před 4 lety +2

    I’ve been trading for two years and I’ve learnt a good strategy, i have a plan which I’ve modified along the way but my biggest problem is expectations,I reviewed my trades for the past two weeks i knew something was wrong and seeing this video put everything together thank
    How do i fix this🙏🏾

  • @nancyreed1557
    @nancyreed1557 Před 2 lety +1

    Thank you.

  • @robbinokor6630
    @robbinokor6630 Před 3 lety

    You are truly a great teacher. After being extremely profitable for the first two months of this year I began messing around with risk management and that has kept me out of the market for the next four months sir after going through a massive drawdown. I've now taken a break to work on my psychology and finding a great video like yours is refreshing sir. I know these are beginner mistakes which can be worked on and avoided. Thanks sir.

  • @munkailaalhassan1694
    @munkailaalhassan1694 Před 4 lety +2

    Thanks very much

  • @abdirisakomar253
    @abdirisakomar253 Před 6 měsíci +1

    Rsality my big problem is Expectations becouse of any time i expect to get more profits and then i lose more

  • @regalworldwide7903
    @regalworldwide7903 Před 4 lety +2

    Focusing on one timeframe, I'd usually find setups on the 1H timeframe, just to realise later that I was actually trading against the trend. The market is a tricky place to be

    • @lxole6492
      @lxole6492 Před 4 lety

      i suffered from zooming in for about a year when i first started without even realising and wondered what was i doing wrong. stay under daily trend.

    • @FCUSD
      @FCUSD Před 4 lety

      trying trading the bigger timeframes

  • @mcebisimbatha757
    @mcebisimbatha757 Před 3 lety

    My problem is risk management I can grow from $10 to 70 using 0.01 and I start risking more like 0.05 but ever since I started following u Im doing better in risk management

  • @kaitoriku850
    @kaitoriku850 Před 4 lety +25

    Trading forex is very profitable when you know what you are doing or when you have an expert who got your back to help help you pass the difficulties as for me i thank Mr Rogan Colbert who is a forex expert and has helped me make a lot of money by managing my trades

    • @smithstafford475
      @smithstafford475 Před 4 lety +1

      Rogan Colbert is the best, he trades for me too

    • @lakshayp2715
      @lakshayp2715 Před 4 lety

      I have really tried to trade on my own severally but i failed, how can i contact Mr Rogan Colbert maybe he can help me

    • @savedarchives243
      @savedarchives243 Před 4 lety

      I will like to start trading with him, how can i get to contact him?

    • @yttoday3076
      @yttoday3076 Před 4 lety +1

      Here. Roganfelixcolbert(a)gmaìl-com

    • @derekrodney2932
      @derekrodney2932 Před 4 lety

      I will trade with him, i'm happy to see this

  • @Mokaubere_TheTrader
    @Mokaubere_TheTrader Před 4 lety +4

    Very much excited, can't wait.

    • @FalconFXTrading
      @FalconFXTrading  Před 4 lety +3

      Tshepo Kwakwa Thanks for the ongoing support.

    • @Mokaubere_TheTrader
      @Mokaubere_TheTrader Před 4 lety

      These three common mistakes have been a vicious cycle in all of my four year trading journey, listening to you go through each aspect I realise how naive of a mindset I have. I've been overlooking or rather kept these mistakes in repetition that I've subconsciously masterred the art of ignorence. This video is a game changer for me, thanks Mark, now I have a drawing board to get back to🤔

  • @lxole6492
    @lxole6492 Před 4 lety +1

    i did not have a trading plan and approached the market guns blazing trying to make a quick buck, taking every nothing flag on 1h. of course i was humbled.

  • @Prashant_equity
    @Prashant_equity Před 4 lety +2

    I just love Falco fx❤️

  • @blessedlukoki
    @blessedlukoki Před 4 lety +4

    Mr. Hutchinson I've been wanting to know if one could still apply for the Falcon Fx Pro Membership. I'm really invested in this strategy and I would like to know the ins and outs of falcon

    • @FalconFXTrading
      @FalconFXTrading  Před 4 lety +1

      Blessed Lukoki Hey just head over to our website www.falconfx.com and drop us a message in the chat box on there.

    • @chopper081
      @chopper081 Před 4 lety

      Don't waste your money, get a proper education and start off at an investment bank as a professional would.

  • @FXHEROS
    @FXHEROS Před 4 lety

    One of my biggest errors was focusing on 1 currency pair thinking that master one and then master the rest

  • @abdikadirahmed3571
    @abdikadirahmed3571 Před 3 lety

    falcon trading guidance🦅👨‍💻

  • @HunterFX
    @HunterFX Před 4 lety +1

    good stuff man

  • @lesegoleso4918
    @lesegoleso4918 Před 4 lety +3

    My risk management is so trash.
    I usually find myself losing 70 to 80% of my daily profits on one or two losing trades.

    • @FCUSD
      @FCUSD Před 4 lety +1

      probably you think your risking 2% on a trade but your stoploss says 4%

  • @lindaruiz2820
    @lindaruiz2820 Před 4 lety +8

    I’ve always wanted to be an expert trader but I make little mistakes whenever I trade for myself,the endpoint of trading for myself is to get my returns on my investments but that was becoming almost impossible because I was losing my investment because of my mistake but I had Adrielhemingway trade for me and since I have no loss,there’s no point trying to be an expert trader. All I want is my profit and I get that so I don’t mind having her trade for me

    • @pedrocortez8132
      @pedrocortez8132 Před 4 lety

      Her strategy helps to minimise the risk of losing your investments and payout percentage is 91%.

    • @evelynhumberman7671
      @evelynhumberman7671 Před 4 lety

      There’s something unique about her I can’t quite place my finger on.

    • @pedrocortez8132
      @pedrocortez8132 Před 4 lety

      You see my first profit was $12,000 and that was the only proof that I needed to show my friends to prove to them that it is real :-|-436703080310

    • @hildehausre4155
      @hildehausre4155 Před 4 lety

      To have this many clients whose investments haven’t gone down the drain
      I might as well give her try.

    • @andrewfidson5240
      @andrewfidson5240 Před 4 lety

      As a successful trader,Adrielhemingway understand how to minimise risk because she understands the signals in the market that can help her make the right moves and make proper predictions.

  • @mirackco
    @mirackco Před 2 lety

    How to calculate risk? Please

  • @patrickmunishi8242
    @patrickmunishi8242 Před 4 lety +2

    From 255
    Tanzania
    We're waiting for that awesome knowledge😀😁😄

    • @FalconFXTrading
      @FalconFXTrading  Před 4 lety

      Patrick Munishi There is a lot of value in this video. What was your biggest takeaway?

    • @patrickmunishi8242
      @patrickmunishi8242 Před 4 lety

      @@FalconFXTrading
      #Expectations...
      That dude was killing me Oo'
      Buh I got the point!
      I'm gonna sort it out!
      #Thanks to u guys!

  • @ankitshah5065
    @ankitshah5065 Před 4 lety

    Thank You Sir,
    For Sharing Valuable Knowledge With Us.. Huge Respect For U Sir...
    Thank You Sir For Showing Us The Mistake Which We are Doing Again And Again....

  • @Mooncou
    @Mooncou Před 3 lety

    thanks this help me now

  • @kagisomasemene3167
    @kagisomasemene3167 Před 3 lety

    FOMO it was a huge problem but atleast now I'm better.

  • @diariesofc
    @diariesofc Před 3 lety

    Thank you Mark. This is very common mistakes I know but I want to ask you about acceleration of a deposit. What do you think about it? Is it good idea that, take a lot of risk and grow deposit faster and than earn money in a normal deposit. Thank you for your answer if you answer me

  • @afribiznewstv6743
    @afribiznewstv6743 Před 4 lety

    How do you have a good risk management on a small account?

  • @mohamedsaidyousuf4014
    @mohamedsaidyousuf4014 Před 4 lety

    Thanks for giving us this relevant info.

  • @onguyennhatquang5191
    @onguyennhatquang5191 Před 4 lety

    So much value in this!

  • @ibelievescotty3950
    @ibelievescotty3950 Před 4 lety +4

    as a beginner i will advise you trade with professional brokers that are experts, i was beginner few months ago traded for long without having a enough earns before Ms witman introduced me how best to trade wisely without losing. words can not express how happy i am with Ms witman for her help to my trade market

    • @andersonthomson3892
      @andersonthomson3892 Před 4 lety +3

      indeed Ms witman is a very nice lady, i invested with her months ago and honestly i never had any issues trading with her, most of my friends who i introduced also are giving their testimonies

    • @chikwadourama5059
      @chikwadourama5059 Před 4 lety

      this is really like a movie, i want to know more about Ms witman pls how can i get to hook up with her.. do you have her number?

  • @thabothwala8407
    @thabothwala8407 Před 4 lety

    how to join falcon fx family you are awsome bro i like the way teach forex its so understandable the way you explain everything.

  • @aadityasingh9186
    @aadityasingh9186 Před 4 lety

    Thnx 👍

  • @tradeliftsaman
    @tradeliftsaman Před 4 lety +3

    switching to stocks wih falcon knowledge of forex as its harder to trade forex here in india

  • @kevinmuvengi6446
    @kevinmuvengi6446 Před 3 lety

    Pure fire 🙏🙏🇿🇼

  • @abdiwelicaska6117
    @abdiwelicaska6117 Před 4 lety +2

    Bro every video you're explanation is good but pls make real example.

  • @kevinkang4427
    @kevinkang4427 Před 4 lety +5

    Over-trading

    • @FalconFXTrading
      @FalconFXTrading  Před 4 lety +3

      Kevin Kang This is a very common mistake a lot of traders make. Well said 🦅

  • @mohamedizzeldin1194
    @mohamedizzeldin1194 Před 2 lety +1

    i hope that there is more than like button to click it

  • @dniele1936
    @dniele1936 Před 4 lety

    please, subtitles in Spanish

  • @hlomphodwaynemachaka2067
    @hlomphodwaynemachaka2067 Před 4 lety +2

    ...

  • @chidiebereanyanwu5521
    @chidiebereanyanwu5521 Před 3 lety

    Talk is too much... Teach us how to trade, all this talk won't help anyone, teach your free youtube forex and stop giving motivational talks.