i always try to learn from m y past mistake , because i do believe the only way i have that cam make prefect one from all.
DoraWalletInvest
Member Since Aug 17, 2020
123 posts
Dec 14 2020 at 05:30
Greed is certainly a tough emotion to conquer. In my experience beginner's greed diminishes as one acquires more knowledge and learns more about what profits are realistic and unrealistic.
Jamescharles
Member Since Oct 26, 2020
13 posts
Dec 16 2020 at 11:55
Greed is the biggest con if someone has to trade forex. They don’t go hand in hand at all and should be kept separate.
Greediness is the biggest enemy of a trader.
EbonyJones
Member Since Jul 20, 2020
232 posts
Dec 17 2020 at 14:04
Greed is the most dangerous enemy for a trader. He should avoid greediness while he is trading if he wants to become a good and profitable trader.
Most of the new trader lose their money because of their wrong strategy.
Brank_A posted:Rightly said!
Greediness is the biggest enemy of a trader.
The moment greed enters your trading cycle, risk increases manifold. Keeping such emotions away while trading is must.
Cordawield
Member Since Nov 03, 2020
65 posts
Dec 21 2020 at 10:15
Greed makes us feel emotions that negatively affect trading, so this fact must be taken into account.
asidefellow
Member Since Oct 26, 2020
37 posts
Jan 12 2021 at 08:53
Greed and emotions are two things every trader should stay away from while trading. They can ruin a prospective opportunity easily.
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
Yes, risk management is always a life saver for traders.
Having a trading plan is one of the most helpful ways to manage the risks and capital in trading.
SteveHanks
Member Since Mar 17, 2021
536 posts
Mar 19 2021 at 06:50
I always recommend to new trader first trade in major pair. Don’t try other minor pair.
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
Sarjohn posted:I agree with you. A trading plan is a must for every trader.
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
LyudmilLukanov
Member Since Jul 23, 2020
869 posts
Apr 10 2021 at 16:17
Hrenz posted:Traders prefer to trade with major pairs due to volatility issues. Also, there is a lot of information available regarding those pairs.
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
WaltonCharles
Member Since Mar 21, 2021
144 posts
Apr 10 2021 at 17:03
TradeHut posted:A good trading plan can make you rich.
Having a trading plan is one of the most helpful ways to manage the risks and capital in trading.
Elena Triston
(ele020)
Member Since Apr 15, 2020
219 posts
Apr 15 2021 at 05:12
Sarjohn posted:These are some really good tips... How long have you been trading?
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
The more your practice, the more you learn.