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Newcomers and their greediness
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LeviSievwright5

Mitglied seit Jul 20, 2020  160 Beiträge LeviSievwright5 Sep 22 at 01:52
Trading Emotions works more for new traders. They try to make a lot of money in a short period and this is the main reason for their loss. Greed and fear destroy trading careers. The trader who trades greedily never qualifies to be a successful trader.

perryjohn765

Mitglied seit Sep 12, 2017  67 Beiträge lovefortrading (perryjohn765) Sep 22 at 03:35
This is where the one can make or break it. A small profits in the beginning and the greediness for more can lead top losses as well.However one should try controlling the emotions and play safe with sense of responsibility.

radioactive

Mitglied seit Sep 07, 2020  37 Beiträge radioactive Sep 22 at 05:57
It is hard for the newbie to not let the greed get the best of them, since they are new to market and they get tempted into thinking they can make money easily, they will easily fall for it. So it is important to note that newbie should try to focus everything else other than money.

kkkkk_1

Mitglied seit Jan 10, 2020  28 Beiträge kkkkk_1 Sep 22 at 14:47
hello sir.
thank you for this thread.
i know money managment is really needed for any strategy. and i asked some questions about it. also emotions are difficult to me. but i only have demo account. not real even. but it is too hard to me now.
sometimes i think i can't trade.
i wonder to meet the experienced trader who can teach me. or trade with my money.


Mitglied seit Aug 23, 2020  142 Beiträge ProfitsOnly () Sep 23 at 15:30
You should please be and most have practice long and perfect before you start. The market don't respect greediness, thank me later for this.

LeviSievwright5

Mitglied seit Jul 20, 2020  160 Beiträge LeviSievwright5 Sep 24 at 01:12
Greed destroys the trading career. To trade, the greed of every trader must be given up. New traders are more greedy which is why their losses are also higher. It is not possible to survive in trading if you are greedy. It is not possible to be successful if you do not work according to discipline and plan.

EbonyJones

Mitglied seit Jul 20, 2020  163 Beiträge EbonyJones Sep 24 at 18:57
Every new trader should control their greed at the time of trading. It can put them in great danger. They can lose their investment because of their greedy nature.


Mitglied seit Aug 23, 2020  142 Beiträge ProfitsOnly () Sep 25 at 04:56
If you want to be greedy, do it in a professional one, that is you risk just 1 percent of your accountand aim for 10 percent in return, now that is called controlled risk as you will only lose 1 percent If trades goes against you.
I sometimes risk 2 percentand aim for 6 percent on a trending market.
But don't go and risk 100 percent for 2 percent, that is call get thing greedy, or using high lot sizes and finish up you margin because you are chasing unrealistic huge profits, that is called greedy.
If you want to be greedy,always do it in a proffesional way.

Beagelv

Mitglied seit Jul 27, 2020  30 Beiträge Beagelv Oct 01 at 13:28
Somehow you really gave me very good advice, and you can use it in order to control the trade

ElliotCooke

Mitglied seit Jul 20, 2020  224 Beiträge ElliotCooke Oct 01 at 18:10
Most of the new traders want to earn money quickly. and almost every new traders want to make huge money in a short period. This put them into the losses. They loss all their money because of their greedy nature. If you want to become a good and profitable trader, you have to control your greediness.

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