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Greed is when your expectation
Dec 27, 2020 at 12:31
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
Mitglied seit Jul 20, 2020
278 Posts
Jan 05, 2021 at 17:28
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.
Mitglied seit Dec 11, 2020
17 Posts
Jan 06, 2021 at 06:16
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Jan 07, 2021 at 06:12
tediousbissa posted:
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
Jan 18, 2021 at 10:47
UweMoench posted:
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
Exactly how I imagined what greed is all about. When you are making unrealistic profit without backing up with sounding proof plan to avoid making a mistake, that is the result of poor thinking.
Mitglied seit Dec 14, 2020
16 Posts
Feb 12, 2021 at 04:40
Everyone should try to stay away from such emotions like greed. It is not at all good for trading.
Mitglied seit Jul 23, 2020
816 Posts
Mar 09, 2021 at 17:45
Demo traders lack emotion in trading. So, practice in real account to control emotion.
Mar 29, 2021 at 13:06
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
Mitglied seit Mar 16, 2021
447 Posts
Mar 30, 2021 at 04:27
If there is the hope of getting more than you need, it creates greed. And this greed does a lot of damage in forex trading. From that greed, it is possible to lose the investment.
Mitglied seit Mar 17, 2021
494 Posts
Mar 31, 2021 at 16:16
AliaDare posted:
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
Yes. You are 100%right. Controlling greed is very important to survive in this risky market.
Mitglied seit Apr 09, 2019
516 Posts
Nov 17, 2021 at 12:18
Finding that balance is one of the hardest things to master in trading.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Aug 10, 2021
172 Posts
Dec 07, 2021 at 02:26
Greed interferes with your ability to follow your trading plan, which affects your forex trading.
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
Mitglied seit Sep 06, 2021
9 Posts
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
