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Overconfident
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Mohammadi

Member Since Aug 11, 2017  772 posts Mohammadi Jun 04 2018 at 11:08
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.

togr

Member Since Feb 22, 2011  4825 posts vontogr (togr) Jun 05 2018 at 05:45
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.

emily_smith

Member Since May 10, 2018  22 posts emily_smith Jun 12 2018 at 12:16
togr posted:
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.

I agree with you.

nasrul_poyo

Member Since Sep 11, 2017  124 posts Nasrul (nasrul_poyo) Jun 13 2018 at 06:20
Overconfident comes when you had a serious debt. You need express money to clear it or at least you can breath. Unfortunately, most of them unlucky yell

sarahlawrence

Member Since May 30, 2018  20 posts sarahlawrence Jun 14 2018 at 10:27
Overconfidence should be avoided at all costs as sometimes this market can turn against your expectations within seconds. It will land you in a tight spot as you become hungrier for more profits putting your earnings in risk. Learn from your mistakes and of others as well.

StanfordB

Member Since Jun 14, 2018  10 posts StanfordB Jun 14 2018 at 13:29
But how can one avoid over confidence. It is human nature to think you are great when results have been going well for months

togr

Member Since Feb 22, 2011  4825 posts vontogr (togr) Jun 14 2018 at 14:49
StanfordB posted:
But how can one avoid over confidence. It is human nature to think you are great when results have been going well for months


Simply create robots to trade for you like me.

nasrul_poyo

Member Since Sep 11, 2017  124 posts Nasrul (nasrul_poyo) Jun 17 2018 at 14:20
I agreed with @togr , and i login my account with investor password. Thats how i control my emotionssss yell

emily_smith

Member Since May 10, 2018  22 posts emily_smith Jun 18 2018 at 11:59
Mohammadi posted:
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.

Not just in trading but overconfidence could be fatal in every field.

NoahMartin

Member Since Apr 18, 2018  17 posts NoahMartin Jul 04 2018 at 10:06
Overconfidence will surely hit the traders lose their balanced mindsets and the view becomes strongly influenced by their beliefs. That weapon surely hurts them badly.

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