Some forex trading pitfalls are easier to spot than avoid. If you can recognise them you will be able to avoid if you follow a disciplined trading plan. Overleveraging Your Forex Account Overleveraging your forex account is when you take out too large a position in relation to your available margin. Even a small market move will cause you position to be liquidated due to insufficient margin. Just because forex brokers offer generous leverage ratios or 100:1 or even 200:1 does not mean you should use it all at once. Don’t base your trades on your potential margin leverage but on trade specific factors based on your fundamental and technical analysis. Failing To Adapt Your Forex Trading Failing to adapt your forex trading to changing market conditions is another common forex...
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