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Mitglied seit Jul 27, 2020  56 Beiträge cardigan Sep 29 at 11:41
Over confidence is one of those trait that require controlling in order not to get your account wiped out. You will have to be yourself and not getting the best of what market is showing else you are losing more than you can count.


Mitglied seit Jul 16, 2020  14 Beiträge rosellemunsays Oct 15 at 04:53
It is good to know that you are doing great and your confidence level is high. Be careful and good luck with the market.


Mitglied seit Mar 16, 2020  54 Beiträge Amber_0302 Oct 17 at 11:15
One should have confidence but overconfident person always make mistakes and in this volatile market you cannot afford to make any mistake.


Mitglied seit Jul 19, 2020  228 Beiträge GeorgeBischof Oct 18 at 20:21
Overconfident can put you in great danger. You can loss all your money because of your overconfident nature.


Mitglied seit Jul 19, 2020  160 Beiträge AliaDare Oct 19 at 00:49
Loss is inevitable if you are trading in volatile market conditions. Part of the loss in overconfident trading. You have to trade with the possibility of the Forex market. And if one wants to make a 100% profit in this market of possibilities, it is never possible. Money management and risk management are not followed if it is overconfident. This is why many traders make losses.


Mitglied seit Oct 09, 2020  20 Beiträge Rassellkarl Nov 10 at 10:50
It’s good to be confident when you are trading. But when you cross the line and become over-confident, things get worse.


Mitglied seit Oct 05, 2020  15 Beiträge Joao91 Nov 10 at 11:23
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.


Mitglied seit Oct 14, 2020  20 Beiträge Mikehamilton Nov 18 at 06:22
Overconfidence can be a big disadvantage for traders. It is very important to stay focused and keep working hard.


Mitglied seit Nov 19, 2020  10 Beiträge Joz8 Nov 19 at 06:42
Joao91 posted:
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.

Agreed! There has to be that thin line between confidence and over confidence, which lacks in many traders.


Mitglied seit Aug 17, 2020  109 Beiträge DoraWalletInvest Nov 19 at 07:17
Overconfidence can be really detrimental, but it is also bad if you don't feel confident enough. In the latter case, you might feel more fearful and stressed than you should. We have to find a middle ground where we have an adequate amount of self-confidence (which can be a challenge, of course).

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