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 Nov 20, 2020
18 Posts
Jan 05, 2021 at 08:46
Being greedy is the strongest emotion that needs to be controlled when you enter the forex market. Don’t set unrealistic goals. Otherwise, you will end up losing what you have in your pocket.
Mitglied seit Jul 20, 2020
341 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
18 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:Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
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 18, 2021 at 10:47
UweMoench posted: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.
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 Dec 14, 2020
18 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
869 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 Jul 23, 2020
759 Posts
Mar 29, 2021 at 16:26
Akasuki posted:True. Find the best time to trade according to your trading style.
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
477 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 Jan 07, 2021
13 Posts
Mar 31, 2021 at 10:48
That is right. It is better to set some boundaries so that traders don’t feel the need to overtrade and then lose their money.
Mitglied seit Mar 17, 2021
536 Posts
Mar 31, 2021 at 16:16
AliaDare posted:Yes. You are 100%right. Controlling greed is very important to survive in this risky market.
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
Mitglied seit Apr 09, 2019
538 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.
