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Beginners Greed
Mitglied seit Jun 22, 2020
4 Posts
Jun 23, 2020 at 10:31
Never be greedy in forex. It can drive you to huge losses.Trading must be done patiently with a keen interest to gain knowledge. Take risks that you can afford.
Mitglied seit Jul 20, 2020
172 Posts
Aug 20, 2020 at 19:13
Yes. Greed can put the beginners in great lose. They can lose all their money because of greed. So, as a beginner if you want to become successful in this market, you have to avoid greed from you nature.
Mitglied seit Jul 23, 2020
816 Posts
Sep 11, 2020 at 12:47
Malajind posted:
Due to the fact that there is a desire to earn faster, beginners very often give in to their greed and make stupid mistakes.
That’s true. Trader should control or avoid this kind of emotion. It is hard but not impossible.
Sep 11, 2020 at 13:43
Usually there are two types of emotions on trading that affect a trader. One is fear and is greed. Fear of losing money and fear of losing opportunity. Due to greed traders open big lots and revenge trade. To be successful one needs to overcome this.
Sep 11, 2020 at 15:23
Yes greed is very destructive emotions for traders. New traders open big lots out of emotions. Then they open a lot of trades at a time. They do not bother about risk management. To reduce greed we need to discipline. We have to make certain rules and follow them.
Sep 13, 2020 at 13:08
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 Forex trading is addictive for individuals particularly for new traders despite the fact that it is troublesome. Many new traders can't sleep at night. They constantly watch the market all day and night.
Oct 05, 2020 at 01:23
When we join new trading, our dreams are much bigger. Having big dreams, I try to make a lot of profit with a small investment. As a trader that is never acceptable. Greed destroys the trading career. If you trade with patience and discipline then success will come one day but if you are more greedy then you will never get profit from trading.
Mitglied seit Jul 20, 2020
278 Posts
Oct 06, 2020 at 17:49
GReed is the most dangerous thing in forex trading. Most of the traders lose their money because of their greedy nature.
Mitglied seit Jul 01, 2020
25 Posts
Oct 16, 2020 at 12:37
Greed is one of the major reasons behind the failure of most traders.
Mitglied seit Jul 10, 2020
32 Posts
Oct 19, 2020 at 11:07
I would say first to work on discipline issues, and then start trading.
Mitglied seit Jul 23, 2020
696 Posts
Apr 29, 2021 at 14:40
All kind of emotion including greed harmful for any kind of trader. So, batter to avoid it.
Apr 30, 2021 at 03:56
Greedy is like our own enemy, this is included as bad psychology trading, how to control greed also need high intention and having a good mindset, forex trading is no easy way to get rich at a short time, every time trader being greedy, they jump in high-risk trading, although if in luck will get high profit, but luck will never come all the time
