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Overconfident
Jun 04, 2018 at 11:08
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.
Miembro desde Feb 22, 2011
posts 4573
Jun 05, 2018 at 05:45
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.
Miembro desde May 10, 2018
posts 22
Jun 12, 2018 at 12:16
togr posted:
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.
I agree with you.
forex_trader_458816
Miembro desde Sep 11, 2017
posts 117
Jun 13, 2018 at 06:20
Overconfident comes when you had a serious debt. You need express money to clear it or at least you can breath. Unfortunately, most of them unlucky 😂
Miembro desde May 30, 2018
posts 20
Jun 14, 2018 at 10:27
Overconfidence should be avoided at all costs as sometimes this market can turn against your expectations within seconds. It will land you in a tight spot as you become hungrier for more profits putting your earnings in risk. Learn from your mistakes and of others as well.
Miembro desde Feb 22, 2011
posts 4573
Jun 14, 2018 at 14:49
StanfordB posted:
But how can one avoid over confidence. It is human nature to think you are great when results have been going well for months
Simply create robots to trade for you like me.
Miembro desde May 10, 2018
posts 22
Jun 18, 2018 at 11:59
Mohammadi posted:
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.
Not just in trading but overconfidence could be fatal in every field.
Miembro desde Apr 18, 2018
posts 17
Jul 04, 2018 at 10:06
Overconfidence will surely hit the traders lose their balanced mindsets and the view becomes strongly influenced by their beliefs. That weapon surely hurts them badly.
Miembro desde Jun 26, 2018
posts 9
Jul 05, 2018 at 08:33
I like to use automated systems to trade with. That way there are no emotions and no over trading
forex_trader_458816
Miembro desde Sep 11, 2017
posts 117
Jul 05, 2018 at 10:47
YellowStoneFX posted:
I like to use automated systems to trade with. That way there are no emotions and no over trading
Same mine 😎
Miembro desde Apr 18, 2018
posts 17
Jul 16, 2018 at 13:50
Right, analytics (psychological) minus emotional is needed for every traders to success.
Miembro desde Jul 24, 2018
posts 10
Jul 24, 2018 at 12:03
I do not understand what do you mean? Do you need to analyse your phycology?
