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Beginners Greed

Nikodem24575
Feb 10 2020 at 13:55
2 posts
Mariusz (Mariusz54546)
Feb 26 2020 at 12:00
14 posts
Beallador posted:
It seems to me that greed is not so bad, especially when it comes to greed for knowledge. Although if you want a lot of money, it's also a normal desire. Another thing is that many people in the pursuit of financial achievements forget about the basic rules of trading and it leads to losses. No matter what happens, you should follow the rules in this business. And any risk you choose for yourself should be justified, otherwise you risk being in an unpleasant situation. Moreover, even the first loss can lead to the fact that a person is basically disappointed in this business and just does not want to continue. Therefore, you should avoid such mistakes and try to keep statistics, which will show what kind of profit you can count on and how to act to ensure a stable income, but without chasing the golden mountains.

I think so too


Antal (Antal537828)
Feb 26 2020 at 12:49
3 posts
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.

pullpotential
Feb 26 2020 at 13:11
11 posts
Best thing to happen to a new trader is for him to lose his first 10 trades. This will force them to learn more, give up or use demo

Arpad6464teg
Feb 27 2020 at 13:02
4 posts
Professional4X posted:
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.
Yes, if you think with emotions, then the risk of losing the bill is great.


Wiktor63463gt
Feb 27 2020 at 13:37
3 posts
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.

It’s human nature to do the wrong thing

The Mad Quant (madquant)
Feb 27 2020 at 15:17
52 posts
We are at one point in our careers guilty of this. 😁😁😁

AniLorak
Feb 29 2020 at 09:43
920 posts
Wiktor63463gt 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.

It’s human nature to do the wrong thing


Correct! That’s why new traders need to work on psychological issues before the live trading! It takes time to learn, but it’s very important to work on!

Elias (Elias64453)
Mar 04 2020 at 11:28
12 posts
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.

Alexander (Alexander14111)
Mar 04 2020 at 15:14
5 posts
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.

When a person trades, you should turn off emotions, and follow the chosen strategy

PeteLanceley
Mar 06 2020 at 12:17
62 posts
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.


Unfortunately it's human emotion, you just need to combat it.

Brussels88
Mar 11 2020 at 12:14
28 posts
Avoid Get Rich Quick Mentality, Be In Your Comfort Zone invest in your education and follow single strategy.

AniLorak
Mar 11 2020 at 15:08
920 posts
most of the time i did huge loss by means of my emotions and greed , it occurs above all when trading during news.

Marketmultitool
Mar 12 2020 at 01:29
69 posts
Write out each trade TP,SL why you taking the trade ,max loss for the day ,best time ,events for the day,time between trades,do this for 25 trades to start with,this will force you to think instead of emotion ruling

Strength and honor.
Profits
JapaneseGroupFx
Mar 12 2020 at 05:30
77 posts
I can never be greedy, I take what ever the market offers, greediness is bad.

jordonjamesson
Mar 12 2020 at 14:31
23 posts
Yeah I was greedy in the very beginning .... Lost a lot.
You can't possibly earl ALL money. Just remind yourself that and you'll be golden.

akevi
Mar 17 2020 at 09:45
15 posts
I had a motive of only making money in forex without thinking that i should learn it first but just jumped into it for the money and lost everything so never be greedy, take time and trade in forexa

Cizel89
Mar 24 2020 at 08:27
59 posts
PeteLanceley 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.


Unfortunately it's human emotion, you just need to combat it.

Combating it is the real difficult part I think.

Steve75
Mar 25 2020 at 09:17
9 posts
Being greedy in life and forex can make one only lose everything, but its human emotions to get greedy at times.

So try not to be greedy and trade forex with smartness and not greediness.

sudokupsammite
Mar 25 2020 at 11:02
9 posts
Steve75 posted:
Being greedy in life and forex can make one only lose everything, but its human emotions to get greedy at times.

So try not to be greedy and trade forex with smartness and not greediness.


Easier said than done. We all come to Forex to make more money. Is that not greedy?

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