Greed is poison

Cruz45 posted:
Greed is a trap. Traders should be aware of it.

Totally agree. Getting out of this trap is extremely difficult. So we better control it before its too late.

Those who are really greedy merge deposits very quickly.

Greed is the most dangerous enemy of you in the forex market. It can cause a big loss for you. So try to trade with any greed.

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.

When you are trading forex, there shouldn’t be any room for greed. If you become greedy, you are bound to lose.

Marlonsmith posted:
If you become greedy, you are bound to lose.

This is one thing every trader should abide by.

Marlonsmith posted:
When you are trading forex, there shouldn’t be any room for greed. If you become greedy, you are bound to lose.

That holds true in all spheres of life.

Marlonsmith posted:
When you are trading forex, there shouldn’t be any room for greed. If you become greedy, you are bound to lose.

Ya right. It burns your account.

Greed can be very dangerous for the new traders. So, every new traders should avoid their greedy nature.

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.

It’s absolutely true that greed acts as a poison not only in trading but in other aspects of life too.
Forex trading is not a get-rich-quick scheme. You can’t double your money overnight. It requires lots of knowledge, hard work and patience.

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.