Forex brokers will give you leverage of up to 400:1 - this is way too much to be using. De leverage, so you can take more risk per trade and this leads me on to the final point:

10. Placing stops to close and trailing to fast

Most forex traders because they over leverage, have to put their stops to close and then get taken out by the market noise. They try so hard to avoid risk, they actually create it and guarantee they will be stopped out. Most traders also trail their stops to quickly and never manage to run a profit.

The 10 mistakes above are made by most losing traders if you avoid them and get a sensible, simple, trend following method which trades the odds, you can enjoy currency trading success and make big profits.

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