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Greed is when your expectation
Dec 27, 2020 at 12:31
Mitglied seit Jul 19, 2020
751 Posts
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
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Mitglied seit Jul 20, 2020
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Mitglied seit Dec 11, 2020
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Jan 07, 2021 at 06:12
Mitglied seit Dec 21, 2020
17 Posts
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
Mitglied seit Jun 01, 2020
55 Posts
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
Mitglied seit Jul 23, 2020
869 Posts
Mar 29, 2021 at 13:06
Mitglied seit Mar 28, 2021
617 Posts
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
Mitglied seit Jul 23, 2020
759 Posts
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
Mitglied seit Jan 07, 2021
13 Posts
Mitglied seit Mar 17, 2021
536 Posts
Mar 31, 2021 at 16:16
Mitglied seit Mar 17, 2021
536 Posts
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

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