Greed is when your expectation
Členem od Aug 10, 2021
176 příspěvků
Dec 07, 2021 at 02:26
Greed interferes with your ability to follow your trading plan, which affects your forex trading.
Členem od Jan 26, 2013
73 příspěvků
Dec 07, 2021 at 03:44
Don't ever get greedy in this business. You will lose the gains as quickly as you got them. Besides, there will be plenty of other opportunities to make money down the road. Forex is not going anywhere.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Členem od Sep 06, 2021
9 příspěvků
Dec 07, 2021 at 16:23
Starting Forex is greedy plan. Most people start because they want to earn extra money and think that this is easy with Forex. That is greed. Trying to get something for nothing
Členem od Sep 22, 2018
70 příspěvků
Dec 07, 2021 at 20:34
grownlemur posted:
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.
Without a doubt
Členem od Sep 22, 2018
70 příspěvků
Dec 07, 2021 at 20:34
ElliotCooke posted:
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.
BabyPips is brilliant
Členem od Jul 19, 2020
751 příspěvků
Dec 08, 2021 at 13:29
Greed is the root cause of destruction in trading. It leads traders to the path of over trading. From where it's difficult to come back. Very few people can come back.
Členem od Jul 19, 2020
751 příspěvků
Dec 09, 2021 at 06:30
Greed is most destructive nature. It destroys everything. You can not have success with greed. You need knowledge and skills.
Členem od Jun 09, 2021
44 příspěvků
Dec 16, 2021 at 04:11
Greed is one of the primary reasons why new forex traders fail. They want to make quick bucks and in the end lose what they even had in the first place.
Členem od May 19, 2020
352 příspěvků
Dec 16, 2021 at 13:19
IMO greed is not always high expectations. Perhaps this is just folly, not greed.
Greed is a violation of trading rules and a plan in pursuit of unjustified profits. In other words, it is an excess of possible risks to get more profit.
Greed is a violation of trading rules and a plan in pursuit of unjustified profits. In other words, it is an excess of possible risks to get more profit.
@Marcellus8610
Členem od Jul 19, 2020
788 příspěvků
Dec 16, 2021 at 14:09
UweMoench posted:Psychology must be controlled first. There is no guarantee of profit if you trade out of greed. And the amount of loss increases. You have to trade with a combination of fundamental, technical and sentimental.
Greed is the root cause of destruction in trading. It leads traders to the path of over trading. From where it's difficult to come back. Very few people can come back.
Členem od Apr 03, 2021
470 příspěvků
Dec 16, 2021 at 23:01
I think greedy is the most enemy for trader, although trade has long experience in trading always greedy, it will fail at a certain time because market very dynamic and no exact prediction will always accurate, greedy usually appear when trader over confident or he in bad emotion control.
Členem od Dec 14, 2021
28 příspěvků
Dec 17, 2021 at 06:08
I can’t agree more with OP. Greed is about having highly unrealistic expectations which blinds you to the negative outcomes of the trade. Greed forces you to over-trade and wait for your profits to run when it clearly shows that you should exit. You should only expect as much as you are capable of achieving. It keeps you grounded. I write down my goals in my trading plan which is like a benchmark for me and reminds me not to over expect.
Členem od Jan 13, 2021
6 příspěvků
Dec 17, 2021 at 19:36
Greed and fear are two most dangerous foes for the trader on their way to success and reaping profits. Emotional side of trading is something which makes people worse in trading than trading bots. Emotions always interfere in our logic and common sense, but trading is not about feeling, but it is all about thinkng, Greed usually comes when the trader thinks too much of themselves and their trading strategy. They feel that they understand the market and can predict t fully with high accuracy. That is a very misleading thing as sooner or later a trader will lose decent amount of money because of such self-esteem. So, if you start thinking that you understand the market, make a pause and think once more.
Členem od Dec 14, 2021
46 příspěvků
Dec 20, 2021 at 06:46
Greed leads us to risk more than what we could actually afford, and can sometimes lead to blowing up the account.
Členem od Nov 03, 2021
9 příspěvků
Dec 20, 2021 at 15:19
greed is when your expectation is greater than your ability
Členem od Feb 20, 2021
78 příspěvků
Dec 22, 2021 at 04:53
Trading with greed can be one of the biggest mistakes you make in Forex. When your expectation is to make a lot of money very quickly, it can lead to making bad decisions with your trading.
Členem od Dec 13, 2021
32 příspěvků
Dec 22, 2021 at 05:58
It is a good thing that greed is being discussed. I think an important thing that can be done here to tackle greed is to set a goal. Changing the focus from increasing the amount of money to increasing the amount of profitable trades is going to help a lot.
Členem od Aug 22, 2020
8 příspěvků
Dec 23, 2021 at 19:43
Greed is always harmful for your trading, however, the most difficult thing is to determine whether you experience this feeling on time. In most of the cases people realize that they were under the influence of emotions only after the deal was opened and they have nothing to do to improve the situation. That is why I feel that it is a good idea to have a certain limit of trades during a day. It is helpful in order to avoid overtrading which is frequently caused by the emotions including greed.
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