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Many new Forex traders are lured in to the world of Forex by the promise of easy riches, but the truth is that trading Forex is a risky business. If you don't know what you're doing if you are just getting started in Forex, you can actually lose all of your investment capital, and even end up owing large sums of money! Clearly, there are plenty of hidden pitfalls in understanding how to trade Forex that you need to be aware of, so as to avoid them on the way to success in Forex. By the finish of this article, you'll understand how to avoid the major Forex trading mistakes.It's a well known proven fact that 95% of traders starting out in Forex don't ensure it is past their first year of trading. https://telegra.ph/Opening-A-FOREX-CURRENCY-TRADING-Account-For-Beginners-09-20-2 that beginner Forex traders make is that they think that trading Forex is simple. They believe that they can double their money in a matter of weeks or even days, and as a result they get overaggressive within their trading. They start many positions, often putting almost all their capital at risk. The result is that they may get mind boggling gains once the markets are in their favor, but lose everything and even inflate their account in just a matter of hours when everything goes wrong.The simple truth is, it's the most difficult skills to understand, due to randomness that's in the Forex markets. You must know that you can't make 100% gains in a couple weeks, and you also can't turn $1000 into a million dollars. Once you recognize that trading Forex is not an easy thing, especially when you're just starting out in Forex, then you're far ahead of the crowd in your journey to make a Forex trading income.