Control your greed.

Sep 08, 2019 at 07:50
4,000 Views
94 Replies
Member Since Jul 19, 2020   751 posts
Sep 04, 2021 at 05:54
Yes there is no alternative to systematic approach in forex trading. We can make consistent profit by following random approach. That's why we need to have good understanding of the market.
Member Since Jun 14, 2021   28 posts
Sep 06, 2021 at 07:27
If greed is not checked at the right time, it may land a trader in some serious problems. Most of the traders end up over-trading out of greed. Therefore it is very important to prepare your mind. It is only our mind that prompts us to make money quickly. Therefore, it is good to strictly follow a trading plan so that you don’t deviate from your goals. It will save a trader from blowing up their account.
Member Since Jun 12, 2021   132 posts
Sep 06, 2021 at 07:39
from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.
Member Since Sep 06, 2021   9 posts
Sep 06, 2021 at 10:15
AndrewMcCalam54 posted:
from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.
Greed is also the foremost habit that drives us to succeed, especially with Forex. We all want to to be rich from Forex. No one does this just for fun
Member Since Jan 03, 2018   162 posts
Sep 07, 2021 at 14:16
grid is the tare of the society
nick123427@
Member Since Aug 11, 2019   21 posts
Sep 07, 2021 at 17:20
Greed is a stumbling block in every business and in every human activity. This is sure to blow your budget when we talk about forex market. Only common sense should make decisions and no emotions are acceptable.
Member Since Jul 19, 2020   751 posts
Dec 21, 2021 at 02:04
greed is the bigger drawback in trading. if you greed much that will goes over your brain and you will not be able to take right decision.
Member Since Dec 20, 2021   25 posts
Dec 21, 2021 at 11:57
Greed always leads to losses in trading.
Member Since Aug 05, 2021   401 posts
Dec 21, 2021 at 16:27
I kind of had the opposite problem being that my anxiety made me too hesitant to enter trades or I'd enter too late or pull out to early, which kept me from earning as much as I could have. Greed is definitely a big problem for forex traders and often leads us to keep risking, only to lose it all. It reminds me of when a gambler wins a big sum of money but continues playing and leaves with nothing. Playing it safe is more my style but I know a lot of traders that have made big mistakes getting greedy.
Member Since Apr 03, 2021   470 posts
Dec 21, 2021 at 23:01
Forex trading need money management to manage the risk, greedy is not the answer for becoming rich from forex trading business, but it like a suicide account because greed will make worst emotion and bad psychology, although maybe work at certain time, but overall trading based greedy only will make failure
Member Since Jul 19, 2020   788 posts
Dec 21, 2021 at 23:10
Unellene posted:
nick3232 posted:
grid is the tare of the society
and not only society, it comes from everyone personally
It is not socially from one's own personality. It is made from weak psychology.
Member Since Dec 13, 2021   32 posts
Dec 23, 2021 at 06:28
Greed is an inherent human nature. In forex, greed can be extremely dangerous, especially for beginners.
Member Since Dec 14, 2021   46 posts
Dec 24, 2021 at 04:54
Greed is what takes all traders down. In forex, we need to place calculated risks. Do not think about how much you can make from one trade, but how much you can lose from a trade. This mindset will help traders to take thoughtful steps.
Member Since May 27, 2021   57 posts
Dec 24, 2021 at 12:05
Nakedize posted:
Greed is what takes all traders down. In forex, we need to place calculated risks. Do not think about how much you can make from one trade, but how much you can lose from a trade. This mindset will help traders to take thoughtful steps.
Exactly, greed is that poison that can kill someone's trading, once greed enters in your trading, you will only get losses.
Member Since Jun 26, 2020   327 posts
Dec 25, 2021 at 06:16
greed is a very dangerous thing in trading life , in spite of having most powerful analyzing trade knowledge
 the result of trading can be useless if you dont know how to mange greed.
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