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Control your greed.
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45656

Member Since Jun 29, 2019  65 posts 45656 Sep 08 2019 at 07:50
Forex trading can change your life style with certainly. People are investing in Forex trading as they get Forex trading very profitable business. In the world Forex trading will surely the best earning market but to change your life style you have to control on your greed because greed is very dangerous and can make your business disaster. You should always try to control on your greed to change your life style.

Yozuru

Member Since Apr 18, 2019  16 posts Yozuru Sep 08 2019 at 15:21
Sure you really need to do this, otherwise it will simply eat you no matter what. I do hope that many many people will follow your advice really. See my point ? I hope that not. Thanks for all that matters here really. Thanks again for letting us know.

finnishpension

Member Since Sep 09, 2019  11 posts finnishpension Sep 09 2019 at 11:19
Easier said than done. People start Forex because they want profits, money. This is all driven by greed or desperation. Very difficult to control those emotions

jakes90

Member Since Jul 31, 2019  19 posts jakes90 Sep 11 2019 at 06:36
finnishpension posted:
Easier said than done. People start Forex because they want profits, money. This is all driven by greed or desperation. Very difficult to control those emotions


Well that’s true, people do run after money. But people should think from the long term perspective as well. Being over greedy can cost us a lot. Timely exits from your positions are a must as sticking on to losing trades in expectation of profits can be dangerous. Trade wisely.

jamesgwyther

Member Since Aug 05, 2017  289 posts jamesgwyther Sep 11 2019 at 10:39
Forex is amazing

TaloR_11

Member Since Apr 13, 2018  22 posts Kel Freeman (TaloR_11) Sep 12 2019 at 08:19
Greed is the main reason why forex is so poular. move the greed out and forex becomes just a bank deposit.

Be in time
burstfiltering

Member Since Sep 12, 2019  9 posts burstfiltering Sep 12 2019 at 08:40
TaloR_11 posted:
Greed is the main reason why forex is so poular. move the greed out and forex becomes just a bank deposit.


Or a way of throwing money away - it all depends on your profits

AniLorak

Member Since Apr 18, 2017  864 posts AniLorak Sep 28 2019 at 15:50
burstfiltering posted:
TaloR_11 posted:
Greed is the main reason why forex is so poular. move the greed out and forex becomes just a bank deposit.


Or a way of throwing money away - it all depends on your profits


Basically; it takes time to learn! Having an unrealistic target initially is very common; but end of the having a good trading plan is really crucial!

Adribaasmet

Member Since Aug 27, 2017  842 posts Adribaasmet Sep 29 2019 at 12:24
AniLorak posted:
burstfiltering posted:
TaloR_11 posted:
Greed is the main reason why forex is so poular. move the greed out and forex becomes just a bank deposit.


Or a way of throwing money away - it all depends on your profits


Basically; it takes time to learn! Having an unrealistic target initially is very common; but end of the having a good trading plan is really crucial!


New traders need to focus on learning instead of the earning process! This is why I used my demo more than 1 year before starting my 1st live trading account!

steveday1976

Member Since Mar 03, 2019  50 posts steveday1976 Nov 10 2019 at 21:01
Yes you need to understand that learning and becoming profitable in forex takes years. Many people do not have the discipline.

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