6) Demo-accounts supposed to teach you how to trade forex – are actually a trap as they are much more different to the world currency exchange reality. They are not that sensitive as the real currency exchange business and therefore you are left with the imagination that they are very sustainable and forecasted. As soon as you face the real account and electronic currency exchange, the currency reality will quickly make you come back to reality.

7) Flat market trade. Banking currency managers, option traders and hedge funds have great advantage in the period when the market is quite sustainable. They can change currency rates on their own when the market volume is not too great. Surely, once the inexperienced traders come to game and try to play on signals, they are last are left with nothing. There is only one signal of flat markets – stay away from trading.

8 ) Trading a currency but not the pair. It’s actually hard to understand what is going on with one currency is half success. Understanding how the currency rates behave in accordance with some other currencies is much more important.

9) No trading plan. The desire to earn some money is definitely something. Yet, a trading plan is one step to currency exchange profits closer. If there is no plan, you will support the sad statistics: 95% traders loose and leave the market.

10) Trade against the dominating trend – there is a great difference between low cost purchase and just purchase. Low price is getting high when you are trading against the trend.

11) Unconsidered market leaving. Once you enter the market and fail to implement your plans, try to weigh all pros and contras before you decide to leave the market or simply take some time to watch the market and to see it’s trends. Sometimes if you do not leave too early, you may take your money back and even get considerable profit.