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Beginners Greed

Sep 19, 2019 at 10:26
4,346 Views
107 Replies
Member Since Nov 26, 2020   11 posts
Dec 23, 2021 at 19:59
Beginners cannot cope with the emotions which they experience during trading. It requires some experience and skills to stay away from psychology and turn to common sense. That is why it is better for the beginners to start trading microlots and avoid risking your whole trading budget.
Member Since Apr 03, 2021   470 posts
Dec 23, 2021 at 23:00
Actually, as human nature, as greedy not only beginners but experienced traders also possible appear greedy on their minds, especially when they look the confidence analysis, will increase lot size because they sure will obtain profit, but what happen the market is dynamic, one tick changes will make all plan messed up when greedy trading.
Member Since Dec 14, 2021   46 posts
Dec 29, 2021 at 06:36
If you understand psychology and money management, forex can become much easier for you. It’s greed that makes us impatient and take risky decisions, whose outcomes make us the part of the 96% traders who lose money.
Member Since Dec 14, 2021   28 posts
Dec 30, 2021 at 06:26
It’s not the fault of new traders to feel greedy at the beginning of their career. Most of us get to know about forex trading through a highly unrealistic ad showing the success story of a really profitable trader. While they show all the good things to attract new traders, they hide the hard work, years of failure and unwavering will power that is required to make it to that level. New traders think that if someone else can do this, it must be easy and they can do it too. It’s only the personal experience that uncovers the reality.
Member Since Mar 28, 2021   617 posts
Dec 30, 2021 at 08:07
Sometimes its seen that traders when they get a huge profit suddenely they are trapped with greed and like that they can demolish the trading career instead of success.
Member Since Apr 09, 2019   538 posts
Dec 30, 2021 at 17:10
Coming into trading with realistic expecations also helps to reduce greed and pressure on it to make life changing money.
If you can't spot the liquidity then you are the liquidity.
Member Since Jun 04, 2021   8 posts
Jan 07, 2022 at 19:48
Greed is only one emotion which is experienced by a newbie on the market, unfortunately. Beginners are bad at controlling their feelings during the trading session because they should learn how to work with their own psychology.
Member Since Jan 10, 2022   9 posts
Jan 10, 2022 at 14:22
Sometimes beginners with some learning is better than with no learning. Beginner with some learning think they are expert and will not only lose their money but go on forums and tell everyone their bad ideas
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