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Beginners Greed

Cizel89
Mar 29 2020 at 11:00
59 posts
Steve75 posted:

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

Well that can be difficult to achieve at times.

Gabriel99
Apr 02 2020 at 07:51
39 posts
jordonjamesson posted:
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.

Right. It has happened with me in the initial days because of my greediness i used to over trade but learnt a lesson and i am doing fine now.

Profits
JapaneseGroupFx
Apr 02 2020 at 08:20
77 posts
Only get Greedy at the right time, otherwise your a burnt, but don't get greedy

Johny_tr
Apr 02 2020 at 11:13
34 posts
Greed can really have negative impacts on your trades. Its better to become realistic and practical rather than being sorry after incurring losses.

desmileclub
Apr 02 2020 at 11:17
3 posts
Greed is the worst emotion, emotional trading is bad and let you loose

Xazvier
Apr 02 2020 at 11:17
30 posts
I agree as well, greed is the cause for most of my profits turned into losts.

Roberto21
Apr 24 2020 at 15:22
364 posts
First step for beginners is learning their all concentration should remain on earning even if they are doing real trading. I will recommend micro accounts where their loss will less and learning will valuable with real trading.

Market Wizard (master800ve)
Apr 26 2020 at 23:30
30 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.


Combine emotions and brains, that's your best strategy.

yippie kay yay mother f*****
Dictiony
May 06 2020 at 00:34
231 posts
Greed is the killer for trading and also it is the worst emotion and if you have no control over your emotions then it will be difficult for you to make profit consistently in forex.

traderroni
May 06 2020 at 07:00
37 posts
Dictiony posted:
Greed is the killer for trading and also it is the worst emotion and if you have no control over your emotions then it will be difficult for you to make profit consistently in forex.


Indeed greed can be our worst enemy/spoiler.

eleonorashatik
May 14 2020 at 14:44
14 posts
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.

totally agree. people are trying to suppress emotions, and as a result, emotions are build up and then one day just... BOOM. Do not suppress them - learn how to control them, learn how to use them in your favor, make them your strength. Don't let emotions to ruin your life.

nick3232
May 14 2020 at 14:46
162 posts
Brick_56
May 15 2020 at 07:07
38 posts
nick3232 posted:
accept losses is a good way to learn

Well not all do that. Rather majority quits trading if they incur a lot of losses.

Mohammadi
Jun 18 2020 at 05:58
886 posts
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

Evelyn55
Jun 18 2020 at 07:03
52 posts
nick3232 posted:
accept losses is a good way to learn


Exactly. That is the only way one can succeed in forex. Those who run from it don't go too far. Losses and profits must be seen as a part of trading the same way as sadness and happiness is a part of life.

UlianaCheck
Jun 19 2020 at 03:47
10 posts
There is a secret, and it's quite simple, really. If you are greedy - you won't be able to succeed on Forex. Forex hates greedy people and punish them hard. So God bless.

Roberto21
Jun 22 2020 at 12:24
364 posts
what spreads can make you profitable it depends on your trading system , so you have to choose first of all trading approach then a broker.

Valtskalvans
Jun 23 2020 at 10:31
4 posts
Never be greedy in forex. It can drive you to huge losses.Trading must be done patiently with a keen interest to gain knowledge. Take risks that you can afford.

Ebin
Jun 23 2020 at 12:25
36 posts
Before entering into trading I had one motive was to only gain more money in it, dint think about the loss which turned bad.

So being greedy in for\ex will only make things worse always plan your strategy and try to minimize your loss.

leecopp
Jun 24 2020 at 10:14
17 posts
Greed is the main enemy of a trader. If not controlled, It can drive you into losses. There is no such concept of making high profits instantly in fx trading.

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