What kind of mistake does a new trader make?

A newbie's biggest mistake is investing money without practicing on a demo account. A demo account is the best place to learn. However, new traders don’t acknowledge that and go for real trading, thinking that trading would be easy. But in reality, 95% of traders are losing money in the market. So, new traders should focus on learning, not making money. Almost all brokers, like Forex4You, provide a free demo account in the forex market. So, practice with that until you master trading.