Greed is poison

Positive Mindset Helps to Profit in Trading. Greed can ruin a trading career. From my experience, when I came to new trading, I wanted to earn a lot of money, so I would face losses by over-trading. Here I have indulged my greed and made a lot of losses. So there is no need to be greed. Greed destroys people. And if you want to trade, you must give up greed. To be greedy in trading means to bring your danger. So to give up greed by keeping a positive mindset.

Greed is something, which if creeps in your trades, can make you bear huge losses and empty your account in no time. One should be careful in handling emotions and trading out of practicality and logic.

Specially new traders and their accounts suffer a lot because of greed.

Greed is bad always and it is really important to get rid of it.

Yes, Greed is poison for forex trading. You can lose all your money if you have greedy nature on you.

I fully agree that greed is one of the main fundamental problems for a trader. It is very important to learn how to control and discipline yourself. If you do not control your emotions, it will lead to stupid losses. To avoid this, you need to build the right trading strategy and properly manage risks.

greed is the most dangerous thing in the forex market. Many traders lose their investment because of their greedy nature.

I know greed is one of the most dangerous thing in forex. We have to set boundaries as to when to trade and when not to to avoid greed.

100% TRUE, too much desire to obtain more money from trading is a poison.
This makes you to over trade by choosing impractical trading strategies and
may lose a huge amount. Avoid gambling, the forex trading doesn’t work like that.

Greed is that poison which will ruin the trading. It is necessary for everyone to not do overtrading in the urge of making maximum profits.

For attaining any sort of success in forex, it is mandatory that a trader keeps away from any kind of greed or emotion. These are the things that can lead a trader closer to losses and failure.

Those who are working on their development do not want to be successful in trading, but they do not try to fight greed, because they understand how unsafe it is.

People tend to become more greedier the moment they are able to make consistent profit. So it is very important that they control in that aspect to prevent it overtaking in their trading

Indeed, it is, receives a reward, ours goes beyond all boundaries.

Greed never lets anybody stay in this game for a long time.

Greed is the cause of destruction. It leads to over trading and unnecessary trading. Profit target should be logical and also should match with skills. If I have ability to get 50 pips, my expectations should not more than that.

I also agree. Greed is the root of all evil in trading.

I absolutely agree that greed is a big poison. It prevents so many traders to trade profitably. I know two big problems in trading. The first is fear and the second is greed. If you manage to cope with two common vices, you can become a successful trader.

It’s important to know that being greedy won’t do any good to you. If you want to really make it in your trading career, you have to make sure that you trade only when it is needed. Not any time that seems to be a good time just because you want to make money.