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Greed is when your expectation

UweMoench
Dec 27 2020 at 12:31
751 posts
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
grownlemur
Jan 05 2021 at 08:46
18 posts
Being greedy is the strongest emotion that needs to be controlled when you enter the forex market. Don’t set unrealistic goals. Otherwise, you will end up losing what you have in your pocket.
ElliotCooke
Jan 05 2021 at 17:28
341 posts
If you want to learn forex properly babypips will be the best option for you. It can help you to learn many more new things about forex.
tediousbissa
Jan 06 2021 at 06:16
18 posts
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Mohammadi
Jan 06 2021 at 07:25
886 posts
emotions is traders cant stop completely, because its a common human nature . but by means of real discipline we can controlled.  
TroyS
Jan 07 2021 at 06:12
17 posts
tediousbissa posted:
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
Collingwood112
Jan 18 2021 at 10:01
22 posts
Greed is something every trader should not pay attention to. It has the potential to ruin any prospect of profits.
Suarez
Jan 18 2021 at 10:47
55 posts
UweMoench posted:
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
Exactly how I imagined what greed is all about. When you are making unrealistic profit without backing up with sounding proof plan to avoid making a mistake, that is the result of poor thinking.
carolehaye
Feb 12 2021 at 04:40
18 posts
Everyone should try to stay away from such emotions like greed. It is not at all good for trading.
acidhinity
Mar 02 2021 at 10:18
19 posts
Yeah that is correct! Greed does not serve well for any trader and it is better to try and not fall into its trap.
AliaDare
Mar 09 2021 at 14:18
788 posts
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
LyudmilLukanov
Mar 09 2021 at 17:45
854 posts
Demo traders lack emotion in trading. So, practice in real account to control emotion.
KnowFinance
Mar 11 2021 at 11:42
85 posts
Greed comes into a play when trading is expecting a higher profit than the estimated, which enables them to over trade. As a result of that behaviour, they would be facing losses. So, it is important to keep your expectation level away from your control.
Andronn
Mar 29 2021 at 07:03
90 posts
When, but for ourselves, a certain income that we want to receive, we forget that everything should be in moderation, otherwise greed absorbs us.
Akasuki
Mar 29 2021 at 13:06
608 posts
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
SofieAndreasen
Mar 29 2021 at 16:26
759 posts
Akasuki posted:
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
True. Find the best time to trade according to your trading style.
LukeRachel
Mar 30 2021 at 04:27
477 posts
If there is the hope of getting more than you need, it creates greed. And this greed does a lot of damage in forex trading. From that greed, it is possible to lose the investment.
angelicafreeman
Mar 31 2021 at 10:48
13 posts
That is right. It is better to set some boundaries so that traders don’t feel the need to overtrade and then lose their money.
Akasuki
Mar 31 2021 at 13:14
608 posts
When it comes to forex trading, people become greedy, in no other business they do not expect to make 100$ into 200$ overnight. And due to this greed they never become a successful trader.
SteveHanks
Mar 31 2021 at 16:16
536 posts
AliaDare posted:
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
Yes. You are 100%right. Controlling greed is very important to survive in this risky market.
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