Newcomers and their greediness
Uczestnik z Aug 17, 2020
123 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 Oct 26, 2020
13 postów
Dec 16, 2020 at 11:55
Greed is the biggest con if someone has to trade forex. They don’t go hand in hand at all and should be kept separate.
Uczestnik z Jul 20, 2020
232 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
65 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 Oct 26, 2020
37 postów
Jan 12, 2021 at 08:53
Greed and emotions are two things every trader should stay away from while trading. They can ruin a prospective opportunity easily.
Sar John (Sarjohn)
Uczestnik z Dec 28, 2020
187 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
536 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
869 postów
Apr 10, 2021 at 16:17
Hrenz posted:Traders prefer to trade with major pairs due to volatility issues. Also, there is a lot of information available regarding those pairs.
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
Elena Triston (ele020)
Uczestnik z Apr 15, 2020
219 postów
Apr 15, 2021 at 05:12
Sarjohn posted:These are some really good tips... How long have you been trading?
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
The more your practice, the more you learn.
Uczestnik z Aug 09, 2017
785 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
536 postów
Oct 04, 2021 at 20:49
opportunitycalls posted:I also agree with these points.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
Seb King (sebking1986)
Uczestnik z Apr 09, 2019
538 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
751 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.
