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Beginners Greed

May 14 2020 at 14:44
14 Posts
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.

totally agree. people are trying to suppress emotions, and as a result, emotions are build up and then one day just... BOOM. Do not suppress them - learn how to control them, learn how to use them in your favor, make them your strength. Don't let emotions to ruin your life.

May 14 2020 at 14:46
162 Posts
accept losses is a good way to learn

May 15 2020 at 07:07
36 Posts
nick3232 posted:
accept losses is a good way to learn

Well not all do that. Rather majority quits trading if they incur a lot of losses.

Jun 18 2020 at 05:58
886 Posts
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

Jun 18 2020 at 07:03
52 Posts
nick3232 posted:
accept losses is a good way to learn

Exactly. That is the only way one can succeed in forex. Those who run from it don't go too far. Losses and profits must be seen as a part of trading the same way as sadness and happiness is a part of life.

Jun 19 2020 at 03:47
10 Posts
There is a secret, and it's quite simple, really. If you are greedy - you won't be able to succeed on Forex. Forex hates greedy people and punish them hard. So God bless.

Jun 22 2020 at 12:24
364 Posts
what spreads can make you profitable it depends on your trading system , so you have to choose first of all trading approach then a broker.

Jun 23 2020 at 10:31
4 Posts
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.

Jun 23 2020 at 12:25
36 Posts
Before entering into trading I had one motive was to only gain more money in it, dint think about the loss which turned bad.

So being greedy in for\ex will only make things worse always plan your strategy and try to minimize your loss.

Jun 24 2020 at 10:14
17 Posts
Greed is the main enemy of a trader. If not controlled, It can drive you into losses. There is no such concept of making high profits instantly in fx trading.

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