Greed is dangerous

Sep 25, 2020 at 11:57
Przeglądane 1,413
27 Replies
Uczestnik z Jul 19, 2020   751 postów
Sep 25, 2020 at 11:57
Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long.
Uczestnik z Sep 24, 2020   2 postów
Sep 25, 2020 at 16:32
Very very true. Lord knows that I battle with this
Uczestnik z Jul 19, 2020   298 postów
Sep 26, 2020 at 11:08
Yes it's true. Greed is the most dangerous emotion. To get out from greed we need discipline. We need to make some rules . For example, a losing trade no more new trade today or daily target fullfiled no more trade for that day.
Uczestnik z Mar 16, 2020   54 postów
Sep 28, 2020 at 04:27
If the trader gets greedy it will going to affect the trader only in a worst way. One should control the greediness and need to stick with strategy.
Uczestnik z Aug 09, 2017   785 postów
Sep 28, 2020 at 08:01
greed is a very bad habit and most of the time we fall a great trouble by that. we trading over and over by means of greed. its very dangerous for us.
Uczestnik z Sep 12, 2017   238 postów
Sep 28, 2020 at 09:22
Greed is obviously dangerous. Forex is a volatile market so invest as much as you can afford to loose.
Uczestnik z Apr 01, 2020   231 postów
Sep 28, 2020 at 10:23
Greed is very dangerous for our trading plans and we can lose our money if we can not control our dreed then we can lose our money quickly and find very dufficult to make good income with Forex trading.
Uczestnik z May 24, 2020   112 postów
Sep 28, 2020 at 14:04
Greed does not give the opportunity to think soberly and rationally, which is why it leads to a negative moment.
Uczestnik z Jul 19, 2020   318 postów
Sep 28, 2020 at 18:46
YEs, greed is very dangerous. You can loss all your money because of your greedy nature.
Uczestnik z Jul 20, 2020   298 postów
Sep 29, 2020 at 01:46
Yes, you are right greed is a very harmful emotion. It is never possible to make a profit by trading out of greed. When a new trader joins the Forex market, a lot of greed works in them which causes them to face losses. If a trader cannot give up emotion, he can never succeed in Forex trading.
Uczestnik z Jul 19, 2020   788 postów
Oct 07, 2020 at 01:31
Greed destroys the trading career. People join trading with many dreams but your dream will never be fulfilled if you cannot give up greed. To succeed in trading, you must first give up greed and fear.
Uczestnik z Jun 26, 2020   327 postów
Oct 07, 2020 at 06:44
greed and emotions both are more dangerous ,
 these are the foremost enemy in this trading place.
Uczestnik z Jun 30, 2020   47 postów
Oct 26, 2020 at 07:04
When you decide to become a trader, you must leave greed behind and focus on improving your skills over time.
Uczestnik z Oct 05, 2020   65 postów
Nov 05, 2020 at 10:58
When you are trying to become a successful trader, you must not let greed come your way. It can break your trades completely.
Uczestnik z Oct 12, 2020   29 postów
Nov 06, 2020 at 11:32
Greed can be really dangerous when you are trading. It can make you lose unnecessarily.
Uczestnik z Nov 16, 2020   55 postów
Nov 16, 2020 at 05:49
You are really right about the fact that there are many factors that affect trading, but greed is one of the first, because we strive for a lot of money, and this is our first failure.
Uczestnik z Jun 26, 2020   327 postów
Nov 16, 2020 at 06:50
greed can be controlled if you can control your mind , because this bad human nature comes from mind and it should be stopped by your intelligence.
Uczestnik z Aug 09, 2017   785 postów
Nov 16, 2020 at 07:54
very nice point you have mentioned already , i always feel life is all about struggle between mind and intelligence.
Uczestnik z Oct 20, 2020   49 postów
Nov 16, 2020 at 14:48
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?
Uczestnik z Nov 02, 2020   36 postów
Nov 17, 2020 at 06:03
Bradley88 posted:
I'm a beginner in forex and investing a lot of money at the initial stage is just greedy to think that invest higher would also bring higher profit ?

Absolutely. beginners shouldn't block too much capital in the beginning because they dont have much knowledge and experience yet. therefore its wise to start small and slowly grow your account, than going all in at once.
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