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Control your greed.
Miembro desde Jun 14, 2021
posts 27
Sep 06, 2021 at 07:27
Miembro desde Jun 14, 2021
posts 27
If greed is not checked at the right time, it may land a trader in some serious problems. Most of the traders end up over-trading out of greed. Therefore it is very important to prepare your mind. It is only our mind that prompts us to make money quickly. Therefore, it is good to strictly follow a trading plan so that you don’t deviate from your goals. It will save a trader from blowing up their account.
Miembro desde Jun 12, 2021
posts 132
Miembro desde Sep 06, 2021
posts 9
Sep 06, 2021 at 10:15
Miembro desde Sep 06, 2021
posts 9
AndrewMcCalam54 posted:
from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.
Greed is also the foremost habit that drives us to succeed, especially with Forex. We all want to to be rich from Forex. No one does this just for fun
Miembro desde Aug 05, 2021
posts 394
Dec 21, 2021 at 16:27
Miembro desde Aug 05, 2021
posts 394
I kind of had the opposite problem being that my anxiety made me too hesitant to enter trades or I'd enter too late or pull out to early, which kept me from earning as much as I could have. Greed is definitely a big problem for forex traders and often leads us to keep risking, only to lose it all. It reminds me of when a gambler wins a big sum of money but continues playing and leaves with nothing. Playing it safe is more my style but I know a lot of traders that have made big mistakes getting greedy.
Dec 21, 2021 at 23:01
Miembro desde Apr 03, 2021
posts 437
Forex trading need money management to manage the risk, greedy is not the answer for becoming rich from forex trading business, but it like a suicide account because greed will make worst emotion and bad psychology, although maybe work at certain time, but overall trading based greedy only will make failure
Dec 24, 2021 at 04:54
Miembro desde Dec 14, 2021
posts 46
Greed is what takes all traders down. In forex, we need to place calculated risks. Do not think about how much you can make from one trade, but how much you can lose from a trade. This mindset will help traders to take thoughtful steps.
Miembro desde May 27, 2021
posts 56
Dec 24, 2021 at 12:05
Miembro desde May 27, 2021
posts 56
Nakedize posted:
Greed is what takes all traders down. In forex, we need to place calculated risks. Do not think about how much you can make from one trade, but how much you can lose from a trade. This mindset will help traders to take thoughtful steps.
Exactly, greed is that poison that can kill someone's trading, once greed enters in your trading, you will only get losses.
Miembro desde Jun 26, 2020
posts 323

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