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Overconfident
Aug 21, 2020 at 00:23
Miembro desde Jul 19, 2020
posts 788
Harmful objects for overconfident trading. Overconfident can empty your account balance because when a trader becomes overconfident, it is not good for him to be in any discipline. They do not follow any money management to make a profit and increase the lot size. And they always want to do over-trading. As a result of this over-trading, losses are incurred. Risk rewards are never noticed.
Miembro desde Jul 20, 2020
posts 298
Aug 21, 2020 at 06:54
Miembro desde Jul 20, 2020
posts 298
The cause of losses in overconfident trading. Traders who trade overconfident can never become successful traders. Over-trading people always work with greed, so even if they make a profit, they can't keep that profit for long. This over-trading comes from overconfident. I become overconfident when I make a lot of profit together. And from that overconfident, I lose that profit again. That's why it's never right to be overconfident in trading.
Miembro desde Jul 20, 2020
posts 232
Miembro desde Sep 18, 2020
posts 31
Miembro desde Jun 05, 2020
posts 33
forex_trader_1786937
Miembro desde Aug 23, 2020
posts 142
Sep 23, 2020 at 15:01
Miembro desde Aug 23, 2020
posts 142
Always respect the market movement by not being full of yourself, my consistency making profits is because I always respect the market and follow trends of the market any direction it breaksout.
Just respect the market and not try to boss the market from your overconfidence and you will be a profitable trader always. That is my own secret of making profits.
Just respect the market and not try to boss the market from your overconfidence and you will be a profitable trader always. That is my own secret of making profits.
Miembro desde Sep 08, 2020
posts 32
Miembro desde Mar 16, 2020
posts 54
Miembro desde Jul 19, 2020
posts 318
Oct 19, 2020 at 00:49
Miembro desde Jul 19, 2020
posts 788
Loss is inevitable if you are trading in volatile market conditions. Part of the loss in overconfident trading. You have to trade with the possibility of the Forex market. And if one wants to make a 100% profit in this market of possibilities, it is never possible. Money management and risk management are not followed if it is overconfident. This is why many traders make losses.
Miembro desde Aug 17, 2020
posts 123
Nov 19, 2020 at 07:17
Miembro desde Aug 17, 2020
posts 123
Overconfidence can be really detrimental, but it is also bad if you don't feel confident enough. In the latter case, you might feel more fearful and stressed than you should. We have to find a middle ground where we have an adequate amount of self-confidence (which can be a challenge, of course).
Miembro desde Jun 24, 2020
posts 34
Miembro desde Mar 17, 2021
posts 536
May 24, 2021 at 18:42
Miembro desde Mar 17, 2021
posts 536
EllisParker posted:Overconfidence is the most dangerous thing in the forex market.
Overconfidence leads to endless failures. We have to be really calm. Gotta understand the difference between being confident, under confident and over confident.
Miembro desde Jul 23, 2020
posts 759
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