Newcomers and their greediness
Johny_tr
Mitglied seit Oct 19, 2019
34 Beiträge
Jul 09 2020 at 06:19
New comers mostly face the issue of controlling their emotions and greed. Well practice well and trade with patience; be rational. If you trade with practical decisions, only then will you go far in this journey.
IvanMelnik
Mitglied seit Jul 09, 2020
34 Beiträge
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.
vontogr
(togr)
Mitglied seit Feb 22, 2011
4852 Beiträge
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
Miguelfabian
Mitglied seit Jun 22, 2020
39 Beiträge
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.
ForexFarmer1
Mitglied seit Jun 14, 2019
10 Beiträge
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
sianhsieh
Mitglied seit Jul 14, 2020
3 Beiträge
Jul 14 2020 at 12:19
well, agreed with most of the posts, but greediness is also what drove us here correct?
Cegar
(Cegar)
Mitglied seit Sep 29, 2019
18 Beiträge
Jul 15 2020 at 21:09
Greed is one of the main problems of traders. It is almost impossible to control, and it causes most losses in trading. That's why all traders need to learn self-control and restraint, and then their profits will grow significantly.
Juan_Garcia
Mitglied seit Jun 05, 2020
33 Beiträge
Jul 16 2020 at 07:00
005500 posted:
Greediness is bad for anyone and everyone. No matter a trader is new or experienced. Patience is the key.
I agree on that. No matter at what stage a trader is, a newbie or an experienced one, greed can mar it all.
Thetalak
Mitglied seit Jan 02, 2020
9 Beiträge
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.