Newcomers and their greediness
May 22, 2020 at 05:48
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
Mitglied seit Jun 22, 2020
69 Posts
Jul 06, 2020 at 07:15
Greed is one of the negative side that you should be avoiding when it comes to trading. It takes lot of time to overcome for that.
Jul 06, 2020 at 07:21
first_time posted:
Greed is one of the negative side that you should be avoiding when it comes to trading. It takes lot of time to overcome for that.
Exactly and the worst part is it makes you over trade and that spoils your entire game.
Jul 08, 2020 at 11:39
Greediness is awe full in any scenario. Money made with patience is worth the hard-work and remains with you for long. Even wehn it comes to trading, one should be wise and patient while placing trades. Profits and losses are both 2 sides of a coin. Its only with time that you understand what to trade, how to trade, how much to trades etc.
The more your practice, the more you learn.
Mitglied seit Jul 09, 2020
32 Posts
Jul 13, 2020 at 10:28
I have been fallen prey to greed in my initial days of trading and faced losses which was not a good feeling at all.
Mitglied seit Feb 22, 2011
4573 Posts
Jul 13, 2020 at 11:58
Even after years of trading I am facing issues with greed.
That's why I am using automated systems where money management is well defined and executed.
IMHO greed is not only that you overtrade account to get more profit
it is also about NOT accepting loss and NOT closing losing positions when you should
That's why I am using automated systems where money management is well defined and executed.
IMHO greed is not only that you overtrade account to get more profit
it is also about NOT accepting loss and NOT closing losing positions when you should
Mitglied seit Jun 22, 2020
38 Posts
Jul 14, 2020 at 06:44
When they say that a large percentage of traders do not earn and leave the market, it seems to me that this is affected by their greed, you need to have control over your emotions.
Mitglied seit Jun 14, 2019
10 Posts
Jul 14, 2020 at 12:01
togr posted:
Even after years of trading I am facing issues with greed.
That's why I am using automated systems where money management is well defined and executed.
IMHO greed is not only that you overtrade account to get more profit
it is also about NOT accepting loss and NOT closing losing positions when you should
Automation is the best way to combat emotions in trading. It can be tough to learn how to code an EA but once you understand, it is very rewarding
Mitglied seit Jun 05, 2020
31 Posts
Jul 16, 2020 at 07:00
005500 posted:I agree on that. No matter at what stage a trader is, a newbie or an experienced one, greed can mar it all.
Greediness is bad for anyone and everyone. No matter a trader is new or experienced. Patience is the key.
Aug 24, 2020 at 12:15
Greed is one of the first obstacles for all beginners in trading. When a beginner comes into trading, he expects a lot of money in a short time, and because of this perception, they lose all their investments very quickly. That's why I always advise beginners to open an account with a small deposit and learn to manage their capital correctly.
Mitglied seit Jul 20, 2020
278 Posts
Sep 21, 2020 at 19:04
Newcomers should avoid the greediness. Greed can put you in great danger So, you should control your greed when you are trading in the market.
