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Newcomers and their greediness
Uczestnik z Aug 17, 2020
121 postów
Dec 14, 2020 at 05:30
Greed is certainly a tough emotion to conquer. In my experience beginner's greed diminishes as one acquires more knowledge and learns more about what profits are realistic and unrealistic.
Uczestnik z Jul 20, 2020
172 postów
Dec 17, 2020 at 14:04
Greed is the most dangerous enemy for a trader. He should avoid greediness while he is trading if he wants to become a good and profitable trader.
Uczestnik z Nov 03, 2020
63 postów
Dec 21, 2020 at 10:15
Greed makes us feel emotions that negatively affect trading, so this fact must be taken into account.
Uczestnik z Dec 28, 2020
167 postów
Jan 13, 2021 at 09:10
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
Uczestnik z Mar 17, 2021
494 postów
Mar 19, 2021 at 06:50
I always recommend to new trader first trade in major pair. Don’t try other minor pair.
Uczestnik z Jul 23, 2020
816 postów
Apr 10, 2021 at 16:17
Hrenz posted:
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
Traders prefer to trade with major pairs due to volatility issues. Also, there is a lot of information available regarding those pairs.
Uczestnik z Apr 15, 2020
187 postów
Apr 15, 2021 at 05:12
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
These are some really good tips... How long have you been trading?
The more your practice, the more you learn.
Uczestnik z Aug 09, 2017
598 postów
Apr 16, 2021 at 07:22
any level of newcomers always try to bring profit with no learning , its a very common thing and same mistake newcomers always do . even i did when was a completely new in trading.
Uczestnik z Apr 16, 2021
8 postów
Apr 16, 2021 at 09:34
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
I would agree with this as long as the trading plan includes lots of learning and strategy development
Uczestnik z Mar 17, 2021
494 postów
Oct 04, 2021 at 20:49
opportunitycalls posted:Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
I would agree with this as long as the trading plan includes lots of learning and strategy development
I also agree with these points.
Uczestnik z Apr 09, 2019
516 postów
Oct 05, 2021 at 14:22
(edytowane Oct 05, 2021 at 14:23)
The issue is focussing on how much profit they can make rather than how much risk they are taking. One you can control and the other not so much.
If you can't spot the liquidity then you are the liquidity.
Uczestnik z Jul 19, 2020
749 postów
Oct 05, 2021 at 15:25
Even people trading for years didn't able to overcome the greediness. To overcome it one needs skills and proper trading psychology. It's not easy.
Uczestnik z Oct 04, 2021
1 postów
Oct 05, 2021 at 22:15
(edytowane Oct 05, 2021 at 22:15)
I trading plan separates professional traders from beginners. However, being a beginner means you should always try whatever works for you until you get it right.
This is a complete guide of how to create a winning trading plan:
Good luck!
This is a complete guide of how to create a winning trading plan:
Good luck!
Uczestnik z Mar 16, 2021
447 postów
Oct 06, 2021 at 02:32
Risk management is required from new traders to professional traders. And trading should be done keeping greed away.
