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Beginners Greed
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Roberto21

Member Since May 02, 2019  319 posts Roberto21 Sep 19 2019 at 10:26
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.

FirstHero

Member Since Sep 19, 2019  6 posts Henry (FirstHero) Sep 19 2019 at 11:36
Do not suppress emotions, you need to manage them. Only full control over the mind, emotions and body can give a positive result.

Do not be greedy and invest in your business as much as you can.
AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Sep 25 2019 at 14:37
Roberto21 posted:
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.


Not only trading practice but also mediation; even I see meditation helps me a lot than the trading practice especially in this case!

Adribaasmet

Member Since Aug 27, 2017  861 posts Adribaasmet Sep 29 2019 at 12:27
AniLorak posted:
Roberto21 posted:
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.


Not only trading practice but also mediation; even I see meditation helps me a lot than the trading practice especially in this case!


What’s the process of your meditation? Can you please explain?

Roberto21

Member Since May 02, 2019  319 posts Roberto21 Oct 22 2019 at 08:18
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.

peter_fx

Member Since Oct 19, 2019  21 posts peter_fx Oct 24 2019 at 09:48
Roberto21 posted:
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.


True, that is where most beginners are lacking today. They just want quick returns without any hard work.

AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Oct 26 2019 at 11:26
This is why; new traders should start with a long term plan! Having a short term plan makes newbie crazy for sure!

steveday1976

Member Since Mar 03, 2019  50 posts steveday1976 Nov 08 2019 at 16:06
yes i agree, too many advertise Forex on Social media claiming it will make them rich overnight.

steveday1976

Member Since Mar 03, 2019  50 posts steveday1976 Nov 10 2019 at 09:39
Roberto21 posted:
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
100% correct

Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Nov 11 2019 at 00:26
FirstHero posted:
Do not suppress emotions, you need to manage them. Only full control over the mind, emotions and body can give a positive result.


Trading on emotions causes things such as revenge trading and over trading in general and blown accounts.

Focus on Risk Management as the #1 priority above all else when it comes to investing.

If a person has a problem suppressing their emotions, then they should AUTOMATE those systems that are impacted by the emotions of the trader.

Emotions have NO PLACE in trading.



If it looks too good to be true, it's probably a scam! Let the buyer beware.
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