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Control your greed.
Aug 05, 2017からメンバー
289 投稿
Dec 31, 2019 at 10:14
Oct 19, 2019からメンバー
21 投稿
Greed, definitely is the most serious problem while trading. Earning consistent profits becomes too difficult for anyone who gets into its trap. I think the best way to trade without being greedy is to follow a trading plan with strict entry-exit points. This will restrict you to a particular level of trading and won’t let you over trade because of greediness.
Sep 24, 2019からメンバー
23 投稿
Andy Peters (Jumo)
Jul 24, 2019からメンバー
23 投稿
Feb 09, 2020 at 14:23
Feb 07, 2020からメンバー
41 投稿
Traders should keep their greed under control while trading foreign currency. Their focus should not be on making more money but on making their trading more profitable. Being greedy, a person sometimes makes bigger and bigger investments which leads to bigger losses. Therefore, the trader must control his greed and find ways to improve his trading. Big profits does not mean successful trading, but having continuity in your profits is a sign of successful trading.
Feb 10, 2020 at 06:31
Oct 08, 2019からメンバー
25 投稿
ethan_65 posted:That's a great advice. Bringing consistency in one's trading returns is what matters the most. But traders somewhere focus on how big their returns are, which is not good if seen from long perspective.
Big profits does not mean successful trading, but having continuity in your profits is a sign of successful trading.
May 27, 2020 at 00:41
Apr 01, 2020からメンバー
231 投稿
Greed is a strong enemy to gain profit. forex is a very profitable business. we can earn huge money from here. most of the new traders cannot control their greediness and trade more and more for a huge profits. always we should protect our capital and trade for money very carefully without any greed.
Dec 26, 2019からメンバー
21 投稿

PROFITINGSYSTEMS
Jun 04, 2020からメンバー
48 投稿
Jun 13, 2020 at 19:07
Jun 04, 2020からメンバー
48 投稿
Greed control should be under Risk Management, Have time of opening and time of closing, Don't Overtrade as it ruins a lot of Traders, I take loss when necessarily, it takes a good mental strength to accept you are wrong in trades and exit that trades with minimum loss and not let greed of not wanting to loss overcomes you, This have been one good parts of my Strategy to making good daily decisions.
Barbara Wright (barbarawright)
Jun 10, 2020からメンバー
37 投稿
Jun 15, 2020 at 14:31
Mar 03, 2020からメンバー
12 投稿
Hello! Unfortunately, there is no on/off switch for such a feature like 'greed'. I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
SMtrader86 (smtrader86)
Mar 31, 2018からメンバー
26 投稿
Jun 15, 2020 at 15:38
Mar 31, 2018からメンバー
26 投稿
gabeorwel posted:
Hello! Unfortunately, there is no on/off switch for such a feature like 'greed'. I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
I'm definitely going to use this cat analogy!!, well said gabeorwel !!! :)
Jun 22, 2020からメンバー
77 投稿
Jul 07, 2020 at 07:17
Jun 22, 2020からメンバー
77 投稿
gabeorwel posted:I really like what you said.
Hello! Unfortunately, there is no on/off switch for such a feature like 'greed'. I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
Saying that we have to control our greedness is easier than done. Thank you for sharing the story.

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