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Greed is dangerous

Bradley88
Nov 16 2020 at 14:48
37 posts
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?

Tiffany07
Nov 17 2020 at 06:03
36 posts
Bradley88 posted:
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?


Absolutely. beginners shouldn't block too much capital in the beginning because they dont have much knowledge and experience yet. therefore its wise to start small and slowly grow your account, than going all in at once.

Harrylam887
Nov 24 2020 at 07:57
18 posts
I agree. One must not be greedy when trading. This will only magnify losses.

PercymcDonnell54
Nov 26 2020 at 05:08
23 posts
As a beginner, start small. Don’t risk too much money in the beginning. It will only demoralize you from the very start.

RobSchiz
Oct 16 2021 at 19:45
535 posts
PercymcDonnell54 posted:
As a beginner, start small. Don’t risk too much money in the beginning. It will only demoralize you from the very start.

Yes. Proper planning is very important.

croisssan
Oct 17 2021 at 09:28
658 posts
Anything that is associated with fear and uncertainty in trading will lead to only one thing - to losses. This has been proven for a long time.

Unellene
Oct 17 2021 at 09:32
283 posts
greed spoils everything not only in forex, but in any other aspect of everyone

LyudmilLukanov
Jan 03 at 17:39
735 posts
Greed does not help you succeed. It tempts you to adopt strategies that cannot succeed.

RobertFerrari
Jan 04 at 08:19
311 posts
LyudmilLukanov posted:
Greed does not help you succeed. It tempts you to adopt strategies that cannot succeed.

Greed can put a trader in great danger.

skihav
Jan 04 at 17:44
530 posts
It is worth immediately for yourself to understand what this threatens. At least - lost profit. The maximum is losses.

Joz8
Jan 05 at 11:40
104 posts
I have seen many traders suffering losses because of greed.

croisssan
Jan 05 at 17:08
658 posts
Self-doubt can actually become a fatal trait for a trader. I think that a trader himself should understand how.

HeavenLeighGill (HeavLeighGill26)
Jan 10 at 15:49
150 posts
Greed-based trading never ends well.

skihav
Jan 10 at 17:52
530 posts
Uncertainty in this industry can really end very badly. From banal making wrong decisions to losses out of the blue.

AliaDare
Jan 10 at 22:49
768 posts
HeavLeighGill26 posted:
Greed-based trading never ends well.

Of course, greedy trading is very harmful. And it never ends successfully.

RobertFerrari
Jan 11 at 05:33
311 posts
Bradley88 posted:
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?

Greed can put you in great danger.

PeteLanceley
Jan 11 at 13:45
62 posts
UweMoench posted:
Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long.

One of the worst traits to have - I'm sure everybody goes through this at some point though.

skihav
Jan 11 at 14:33
530 posts
Self-doubt only leads to losses in this industry. Unfortunately, this only has such an outcome.

Treeny
Jan 11 at 19:17
184 posts
It's a tough emotion to shake off

Kenkatzia
Jan 11 at 20:22
26 posts
I fully agree with you. Greediness has already killed many perspective traders, I mean they lost everything because of theirgreediness, however if we want to develop our skills in trading we must look at mistakes, made because of greediness, as at experience, which brought us much more than money. Of course, the vast majority of traders come into trading because of money, they just want to earn it, but I believe that experience prevails over money. I lost a particular sum of money and I didn't stop. I started to explore trading deeper in order to understand why I behaved myself the way it led me to losses. So, here veerythng depends on your attitude toward trading activity.

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