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Newcomers and their greediness

Sep 22 2020 at 01:52
posts 298
Trading Emotions works more for new traders. They try to make a lot of money in a short period and this is the main reason for their loss. Greed and fear destroy trading careers. The trader who trades greedily never qualifies to be a successful trader.

lovefortrading (perryjohn765)
Sep 22 2020 at 03:35
posts 238
This is where the one can make or break it. A small profits in the beginning and the greediness for more can lead top losses as well.However one should try controlling the emotions and play safe with sense of responsibility.

Sep 22 2020 at 05:57
posts 47
It is hard for the newbie to not let the greed get the best of them, since they are new to market and they get tempted into thinking they can make money easily, they will easily fall for it. So it is important to note that newbie should try to focus everything else other than money.

Sep 22 2020 at 14:47
posts 28
hello sir.
thank you for this thread.
i know money managment is really needed for any strategy. and i asked some questions about it. also emotions are difficult to me. but i only have demo account. not real even. but it is too hard to me now.
sometimes i think i can't trade.
i wonder to meet the experienced trader who can teach me. or trade with my money.

Sep 23 2020 at 15:30
posts 142
You should please be and most have practice long and perfect before you start. The market don't respect greediness, thank me later for this.

Sep 24 2020 at 01:12
posts 298
Greed destroys the trading career. To trade, the greed of every trader must be given up. New traders are more greedy which is why their losses are also higher. It is not possible to survive in trading if you are greedy. It is not possible to be successful if you do not work according to discipline and plan.

Sep 24 2020 at 18:57
posts 232
Every new trader should control their greed at the time of trading. It can put them in great danger. They can lose their investment because of their greedy nature.

Sep 25 2020 at 04:56
posts 142
If you want to be greedy, do it in a professional one, that is you risk just 1 percent of your accountand aim for 10 percent in return, now that is called controlled risk as you will only lose 1 percent If trades goes against you.
I sometimes risk 2 percentand aim for 6 percent on a trending market.
But don't go and risk 100 percent for 2 percent, that is call get thing greedy, or using high lot sizes and finish up you margin because you are chasing unrealistic huge profits, that is called greedy.
If you want to be greedy,always do it in a proffesional way.

Oct 01 2020 at 13:28
posts 81
Somehow you really gave me very good advice, and you can use it in order to control the trade

Oct 01 2020 at 18:10
posts 341
Most of the new traders want to earn money quickly. and almost every new traders want to make huge money in a short period. This put them into the losses. They loss all their money because of their greedy nature. If you want to become a good and profitable trader, you have to control your greediness.

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