"5 common mistakes new forex traders make and how to avoid them"?
1. Overtrading
2. Not using stop losses
3. Ignoring technical analysis
4. Trading without a plan
5. Letting emotions control their trades
Here are some tips to avoid these common mistakes:
1. Develop a trading plan and stick to it.
2. Use stop-loss orders to minimize potential losses.
3. Don't trade with money you can't afford to lose.
4. Stay up-to-date with market news and events.
5. Keep your emotions in check and avoid impulsive trading decisions.
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