Beginners Greed
Dec 10, 2019 at 08:20
sustain over desire, create a simple value understanding, when you grab a thing and it taste good, you want more. however, such common understanding play against into, what risk explain about. that absolute risk, create aversion. when you tear deep disappoint while you understand how to measuring risk about, you are stuck upheaval in the midst of losses. you has no appropriate trade portfolio even though you know how to measuring risk about.
Dec 14, 2019 at 02:29
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Dec 19, 2019 at 10:54
I agree beginners use high leverage and then get caught up in losses and then blame luck. Leverage is like a double edge sword. One has to be very careful while using it. Risk management is very important. One who has understood it won’t be disappointed in fx trading.
Mitglied seit Dec 19, 2019
69 Posts
Dec 19, 2019 at 20:11
If you are going to use high leverage focus on small moves otherwise you can get whipped
Small Leverage for big moves won't kill your account in a portfolio to balance it out over time.
Always be aware FX can test new lows.
Small Leverage for big moves won't kill your account in a portfolio to balance it out over time.
Always be aware FX can test new lows.
Strength and honor.
Mitglied seit Dec 19, 2019
69 Posts
Dec 20, 2019 at 12:58
Yes this is mostly true unless we have some new event which sets a new range, fx pairs have an upper and lower limit for the month mostly so banks can set rates.
Strength and honor.
Mitglied seit Mar 18, 2019
98 Posts
Dec 20, 2019 at 14:09
Roberto21 posted:
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
yes mastering the art of utilizing trading psychology int trading is not an easy task but absolutely vital nonetheless else losses will occur very easily. speaking from experience here.
Mitglied seit Aug 27, 2017
994 Posts
Dec 29, 2019 at 13:26
Imamul posted:
for beginners success is a temporary issue , it can make everyone but who can make it consistently we can consider him as a professional guy.
It’s a natural issue & new traders need to focus on their learning process instead of money making! Otherwise, the result would be so costly!
Dec 31, 2019 at 16:20
I think that beginners greed is inevitable and many beginners perceive trading as a way to become a millionaire in just a few months. Of course that's no so and beginners should just overcome if they want keep on trading and by successful.
Jan 01, 2020 at 13:35
Mikagul posted:
I think that beginners greed is inevitable and many beginners perceive trading as a way to become a millionaire in just a few months. Of course that's no so and beginners should just overcome if they want keep on trading and by successful.
Really, unrealistic target is one of the most common issues here. Newbie’s mainly focus on earning instead of learning.
Feb 07, 2020 at 04:50
Most of the time beginners get greedy when they initially start getting profits in their trades. Daily profit earning makes a beginner to invest more which leads to more risk. Rather than investing a high amount of funds, a beginner must learn more about trading and how to make trading more profitable.
Mitglied seit Feb 10, 2020
2 Posts
Feb 10, 2020 at 13:55
I like this resource
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Mitglied seit Feb 12, 2020
14 Posts
Feb 26, 2020 at 12:00
Beallador posted:I think so too
It seems to me that greed is not so bad, especially when it comes to greed for knowledge. Although if you want a lot of money, it's also a normal desire. Another thing is that many people in the pursuit of financial achievements forget about the basic rules of trading and it leads to losses. No matter what happens, you should follow the rules in this business. And any risk you choose for yourself should be justified, otherwise you risk being in an unpleasant situation. Moreover, even the first loss can lead to the fact that a person is basically disappointed in this business and just does not want to continue. Therefore, you should avoid such mistakes and try to keep statistics, which will show what kind of profit you can count on and how to act to ensure a stable income, but without chasing the golden mountains.
Mitglied seit Feb 20, 2020
3 Posts
Feb 26, 2020 at 12:49
Roberto21 posted:
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
Mitglied seit Sep 06, 2019
11 Posts
Feb 26, 2020 at 13:11
Best thing to happen to a new trader is for him to lose his first 10 trades. This will force them to learn more, give up or use demo
Mitglied seit Feb 24, 2020
4 Posts
Feb 27, 2020 at 13:02
Professional4X posted:FirstHero posted:
Do not suppress emotions, you need to manage them. Only full control over the mind, emotions and body can give a positive result.
Trading on emotions causes things such as revenge trading and over trading in general and blown accounts.
Focus on Risk Management as the #1 priority above all else when it comes to investing.
If a person has a problem suppressing their emotions, then they should AUTOMATE those systems that are impacted by the emotions of the trader.
Emotions have NO PLACE in trading.
Yes, if you think with emotions, then the risk of losing the bill is great.
Mitglied seit Feb 11, 2020
12 Posts
Mar 04, 2020 at 11:28
Roberto21 posted:
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
Mitglied seit Mar 02, 2020
5 Posts
Mar 04, 2020 at 15:14
Roberto21 posted:When a person trades, you should turn off emotions, and follow the chosen strategy
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
