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Greed is dangerous
Sep 25, 2020 at 11:57
Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long.
Mitglied seit Mar 16, 2020
54 Posts
Sep 28, 2020 at 04:27
If the trader gets greedy it will going to affect the trader only in a worst way. One should control the greediness and need to stick with strategy.
Mitglied seit Sep 12, 2017
232 Posts
Sep 28, 2020 at 09:22
Greed is obviously dangerous. Forex is a volatile market so invest as much as you can afford to loose.
Mitglied seit Jul 19, 2020
283 Posts
Sep 28, 2020 at 18:46
YEs, greed is very dangerous. You can loss all your money because of your greedy nature.
Mitglied seit Jul 20, 2020
286 Posts
Sep 29, 2020 at 01:46
Yes, you are right greed is a very harmful emotion. It is never possible to make a profit by trading out of greed. When a new trader joins the Forex market, a lot of greed works in them which causes them to face losses. If a trader cannot give up emotion, he can never succeed in Forex trading.
Mitglied seit Jun 26, 2020
323 Posts
Oct 07, 2020 at 06:44
greed and emotions both are more dangerous ,
these are the foremost enemy in this trading place.
these are the foremost enemy in this trading place.
Mitglied seit Jun 30, 2020
43 Posts
Oct 26, 2020 at 07:04
When you decide to become a trader, you must leave greed behind and focus on improving your skills over time.
Mitglied seit Oct 05, 2020
18 Posts
Nov 05, 2020 at 10:58
When you are trying to become a successful trader, you must not let greed come your way. It can break your trades completely.
Mitglied seit Oct 12, 2020
13 Posts
Nov 06, 2020 at 11:32
Greed can be really dangerous when you are trading. It can make you lose unnecessarily.
Mitglied seit Jun 26, 2020
323 Posts
Nov 16, 2020 at 06:50
greed can be controlled if you can control your mind , because this bad human nature comes from mind and it should be stopped by your intelligence.
Nov 17, 2020 at 06:03
Bradley88 posted:
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?
Absolutely. beginners shouldn't block too much capital in the beginning because they dont have much knowledge and experience yet. therefore its wise to start small and slowly grow your account, than going all in at once.
