Newcomers and their greediness

May 22, 2020 at 05:48
Vistas 3,400
71 Replies
Miembro desde Aug 11, 2017   posts 886
May 22, 2020 at 05:48
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 May 11, 2020   posts 74
May 22, 2020 at 10:43
Very true. They need asses the power of risk management and money management else they will be having hard time avoiding the losses
Miembro desde May 24, 2020   posts 112
May 24, 2020 at 07:27
It was the greed of many newcomers that killed on the path to making money on Forex
Miembro desde May 24, 2020   posts 112
Jul 03, 2020 at 03:44
When they say that a large percentage of traders do not earn and leave the market, it seems to me that this is affected by their greed.
Miembro desde Apr 28, 2020   posts 52
Jul 03, 2020 at 07:54
Yeah.Greed is a dangerous thing, not just for beginners but even for those in trading for a good time.
Miembro desde May 14, 2020   posts 7
Jul 03, 2020 at 11:55
Greediness is bad for anyone and everyone. No matter a trader is new or experienced. Patience is the key.
Miembro desde Jun 22, 2020   posts 77
Jul 06, 2020 at 07:15
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.
Miembro desde Jun 01, 2020   posts 55
Jul 06, 2020 at 07:21
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.
Miembro desde May 27, 2020   posts 31
Jul 06, 2020 at 11:09
Suarez posted:
Exactly and the worst part is it makes you over trade and that spoils your entire game.
This is worst and that is where we have to be careful and try to avoid greed or fear.
Miembro desde Apr 15, 2020   posts 219
Jul 08, 2020 at 11:39
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 Oct 19, 2019   posts 34
Jul 09, 2020 at 06:19
New comers mostly face the issue of controlling their emotions and greed. Well practice well and trade with patience; be rational. If you trade with practical decisions, only then will you go far in this journey.
Miembro desde Jul 09, 2020   posts 34
Jul 13, 2020 at 10:28
I have been fallen prey to greed in my initial days of trading and faced losses which was not a good feeling at all.
Miembro desde Feb 22, 2011   posts 4862
Jul 13, 2020 at 11:58
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
Miembro desde Jun 22, 2020   posts 39
Jul 14, 2020 at 06:44
When they say that a large percentage of traders do not earn and leave the market, it seems to me that this is affected by their greed, you need to have control over your emotions.
Miembro desde Jun 14, 2019   posts 10
Jul 14, 2020 at 12:01
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 Jul 14, 2020   posts 3
Jul 14, 2020 at 12:19
well, agreed with most of the posts, but greediness is also what drove us here correct?
Miembro desde Sep 29, 2019   posts 26
Jul 15, 2020 at 21:09
Greed is one of the main problems of traders. It is almost impossible to control, and it causes most losses in trading. That's why all traders need to learn self-control and restraint, and then their profits will grow significantly.
Miembro desde Jun 05, 2020   posts 33
Jul 16, 2020 at 07:00
005500 posted:
Greediness is bad for anyone and everyone. No matter a trader is new or experienced. Patience is the key.
I agree on that. No matter at what stage a trader is, a newbie or an experienced one, greed can mar it all.
Miembro desde Jan 02, 2020   posts 14
Aug 24, 2020 at 12:15
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
Sep 21, 2020 at 19:04
Newcomers should avoid the greediness. Greed can put you in great danger So, you should control your greed when you are trading in the market.
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