No matter how long you have been trading on foreign exchange (forex) markets, you are bound to experience lapses in trading discipline, whether they are brought on by unusual market developments or emotional extremes. Even if currency trading may seem easy and as a trader, you get informed and you follow every recommended step, there are some common mistakes and traps that give troubles to many traders at some point in their career.

There are common forex trading mistakes and that give nearly all traders trouble at some point in their trading careers. Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors.