Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
Jan 05 2021 at 08:46
Being greedy is the strongest emotion that needs to be controlled when you enter the forex market. Don’t set unrealistic goals. Otherwise, you will end up losing what you have in your pocket.
Jan 05 2021 at 17:28
If you want to learn forex properly babypips will be the best option for you. It can help you to learn many more new things about forex.
Jan 06 2021 at 06:16
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
emotions is traders cant stop completely, because its a common human nature . but by means of real discipline we can controlled.
tediousbissa posted:Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Jan 18 2021 at 10:01
Greed is something every trader should not pay attention to. It has the potential to ruin any prospect of profits.
UweMoench posted:Exactly how I imagined what greed is all about. When you are making unrealistic profit without backing up with sounding proof plan to avoid making a mistake, that is the result of poor thinking.
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
Feb 12 2021 at 04:40
Everyone should try to stay away from such emotions like greed. It is not at all good for trading.
Mar 02 2021 at 10:18
Yeah that is correct! Greed does not serve well for any trader and it is better to try and not fall into its trap.
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
Mar 09 2021 at 17:45
Demo traders lack emotion in trading. So, practice in real account to control emotion.
Mar 11 2021 at 11:42
Greed comes into a play when trading is expecting a higher profit than the estimated, which enables them to over trade. As a result of that behaviour, they would be facing losses. So, it is important to keep your expectation level away from your control.
When, but for ourselves, a certain income that we want to receive, we forget that everything should be in moderation, otherwise greed absorbs us.
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
Mar 29 2021 at 16:26
Akasuki posted:True. Find the best time to trade according to your trading style.
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
Mar 30 2021 at 04:27
If there is the hope of getting more than you need, it creates greed. And this greed does a lot of damage in forex trading. From that greed, it is possible to lose the investment.
Mar 31 2021 at 10:48
That is right. It is better to set some boundaries so that traders don’t feel the need to overtrade and then lose their money.
When it comes to forex trading, people become greedy, in no other business they do not expect to make 100$ into 200$ overnight. And due to this greed they never become a successful trader.
Mar 31 2021 at 16:16
AliaDare posted:Yes. You are 100%right. Controlling greed is very important to survive in this risky market.
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
