Hi, welcome to my channel phoenix fx trading. In this video, I am shared top 7 forex day trading mistakes that you need to know. Stay connected with King Abe Forex to get more forex trading strategy videos like this. Please like & share my videos. It will inspire me to upload quality content for you. Thank you :)

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Note: Always remember to move your stop loss to the entry price and trail your stop loss

Chapters
0:42 Mistake #1 trying to get rich quick
2:08 Mistake #2 no trading plan/goal
3:48 Mistake #3 Greed
5:40 Mistake #4 you're not patient
6:47 Mistake #5 Risk Management
8:27 Mistake #6 not using stop-loss
10:00 Mistake #7 you keep changing your Strategy



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Recommended Books

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252 Affirmations For the Forex Trader
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Naked Forex Trading
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⚠️ DISCLAIMER:
Trading the foreign exchange market carries high risk and may not be suitable for all investors. Trading on margin and utilizing leverage can carry an even higher level of risk that can lead to a complete loss of investment funds. Before deciding to trade the foreign exchange market, you should carefully and diligently consider your personal investment objectives, level of experience, and risk appetite. Because a possibility exists that you could potentially sustain significant loss, you should NOT invest or trade any capital that you cannot afford to lose. It is your responsibility to be aware of and understand all risks
associated with foreign exchange trading, and to seek professional advice from an independent certified financial advisor if you have any doubts.
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