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Beginners Greed
Member Since Jun 22, 2020
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Member Since Jul 20, 2020
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Member Since Jul 23, 2020
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Sep 11, 2020 at 12:47
Member Since Jul 23, 2020
869 posts
Malajind posted:That’s true. Trader should control or avoid this kind of emotion. It is hard but not impossible.
Due to the fact that there is a desire to earn faster, beginners very often give in to their greed and make stupid mistakes.
Sep 11, 2020 at 13:43
Member Since Jul 19, 2020
298 posts
Usually there are two types of emotions on trading that affect a trader. One is fear and is greed. Fear of losing money and fear of losing opportunity. Due to greed traders open big lots and revenge trade. To be successful one needs to overcome this.
Sep 11, 2020 at 15:23
Member Since Jul 19, 2020
751 posts
Yes greed is very destructive emotions for traders. New traders open big lots out of emotions. Then they open a lot of trades at a time. They do not bother about risk management. To reduce greed we need to discipline. We have to make certain rules and follow them.
Sep 13, 2020 at 13:08
Member Since Jul 19, 2020
298 posts
Roberto21 posted:Yes Forex trading is addictive for individuals particularly for new traders despite the fact that it is troublesome. Many new traders can't sleep at night. They constantly watch the market all day and night.
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.
Oct 05, 2020 at 01:23
Member Since Jul 19, 2020
788 posts
When we join new trading, our dreams are much bigger. Having big dreams, I try to make a lot of profit with a small investment. As a trader that is never acceptable. Greed destroys the trading career. If you trade with patience and discipline then success will come one day but if you are more greedy then you will never get profit from trading.
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Member Since Jul 23, 2020
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Apr 30, 2021 at 03:56
Member Since Apr 03, 2021
470 posts
Greedy is like our own enemy, this is included as bad psychology trading, how to control greed also need high intention and having a good mindset, forex trading is no easy way to get rich at a short time, every time trader being greedy, they jump in high-risk trading, although if in luck will get high profit, but luck will never come all the time
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