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Newcomers and their greediness
May 22, 2020 at 05:48
Miembro desde Aug 11, 2017
posts 886
The newcomers cannot avoid losses by their greediness and emotions, it’s true. But the regular traders cannot come out their losses because of having most powerful risk management and MM. they always fours on just acquiring good trading knowledge . of course we have to do it. But besides it must be focused on risk managing approach if we want to avoid losses.
Miembro desde Jun 22, 2020
posts 77
Jul 06, 2020 at 07:21
Miembro desde Jun 01, 2020
posts 55
first_time posted:
Greed is one of the negative side that you should be avoiding when it comes to trading. It takes lot of time to overcome for that.
Exactly and the worst part is it makes you over trade and that spoils your entire game.
Jul 08, 2020 at 11:39
Miembro desde Apr 15, 2020
posts 219
Greediness is awe full in any scenario. Money made with patience is worth the hard-work and remains with you for long. Even wehn it comes to trading, one should be wise and patient while placing trades. Profits and losses are both 2 sides of a coin. Its only with time that you understand what to trade, how to trade, how much to trades etc.
The more your practice, the more you learn.
Miembro desde Jul 09, 2020
posts 34
Miembro desde Feb 22, 2011
posts 4862
Jul 13, 2020 at 11:58
Miembro desde Feb 22, 2011
posts 4862
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
Miembro desde Jun 22, 2020
posts 39
Miembro desde Jun 14, 2019
posts 10
Jul 14, 2020 at 12:01
Miembro desde Jun 14, 2019
posts 10
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
Miembro desde Jun 05, 2020
posts 33
Aug 24, 2020 at 12:15
Miembro desde Jan 02, 2020
posts 14
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.
Miembro desde Jul 20, 2020
posts 341
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