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Beginners Greed

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
accept losses is a good way to learn
Brick_56
May 15 2020 at 07:07
54 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
44 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.
Enyinnaya
Jun 24 2020 at 11:07
9 posts
Traders who aim for high profits instantly usually lose all their money
Buyani
Jun 24 2020 at 14:32
1 posts
What is the best minimum amount to fund a USD forex acount?
EbonyJones
Aug 20 2020 at 19:13
232 posts
Yes. Greed can put the beginners in great lose. They can lose all their money because of greed. So, as a beginner if you want to become successful in this market, you have to avoid greed from you nature.
Mohammadi
Aug 21 2020 at 11:50
886 posts
If you have small balance, should not trade high leverage, it can causes a great loss, you can get maximal result by using leverage if you have sufficient balance as well proper money managing plan.
UweMoench
Aug 22 2020 at 03:55
751 posts
Yes discipline and a trading plan is needed to control greed. Trading emotions are common among traders. It needs a lot of systematic ways to control greed and fear of losing money or missing a trade.
KenAdams
Aug 24 2020 at 11:39
40 posts
Enyinnaya posted:
Traders who aim for high profits instantly usually lose all their money
True, nobody can get it instantly.
Malajind
Aug 25 2020 at 16:19
75 posts
Due to the fact that there is a desire to earn faster, beginners very often give in to their greed and make stupid mistakes.
Duktilar
Aug 29 2020 at 10:42
112 posts
The desire for quick and big earnings ultimately leads to quick losses.
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