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Overconfident
Uczestnik z Jul 19, 2020
788 postów
Aug 21, 2020 at 00:23
Uczestnik z Jul 19, 2020
788 postów
Harmful objects for overconfident trading. Overconfident can empty your account balance because when a trader becomes overconfident, it is not good for him to be in any discipline. They do not follow any money management to make a profit and increase the lot size. And they always want to do over-trading. As a result of this over-trading, losses are incurred. Risk rewards are never noticed.
Uczestnik z Jul 20, 2020
298 postów
Aug 21, 2020 at 06:54
Uczestnik z Jul 20, 2020
298 postów
The cause of losses in overconfident trading. Traders who trade overconfident can never become successful traders. Over-trading people always work with greed, so even if they make a profit, they can't keep that profit for long. This over-trading comes from overconfident. I become overconfident when I make a lot of profit together. And from that overconfident, I lose that profit again. That's why it's never right to be overconfident in trading.
Uczestnik z Jul 20, 2020
232 postów
Sep 22, 2020 at 20:59
Uczestnik z Jul 20, 2020
232 postów
Overconfident is not good for trading. It can put you in great danger.
Uczestnik z Sep 18, 2020
31 postów
Uczestnik z Jun 05, 2020
33 postów
forex_trader_1786937
Uczestnik z Aug 23, 2020
142 postów
Sep 23, 2020 at 15:01
Uczestnik z Aug 23, 2020
142 postów
Always respect the market movement by not being full of yourself, my consistency making profits is because I always respect the market and follow trends of the market any direction it breaksout.
Just respect the market and not try to boss the market from your overconfidence and you will be a profitable trader always. That is my own secret of making profits.
Just respect the market and not try to boss the market from your overconfidence and you will be a profitable trader always. That is my own secret of making profits.
Uczestnik z Sep 08, 2020
32 postów
Uczestnik z Jul 27, 2020
102 postów
Sep 29, 2020 at 11:41
Uczestnik z Jul 27, 2020
102 postów
Over confidence is one of those trait that require controlling in order not to get your account wiped out. You will have to be yourself and not getting the best of what market is showing else you are losing more than you can count.
Uczestnik z Mar 16, 2020
54 postów
Uczestnik z Jul 19, 2020
318 postów
Oct 18, 2020 at 20:21
Uczestnik z Jul 19, 2020
318 postów
Overconfident can put you in great danger. You can loss all your money because of your overconfident nature.
Uczestnik z Jul 19, 2020
788 postów
Oct 19, 2020 at 00:49
Uczestnik z Jul 19, 2020
788 postów
Loss is inevitable if you are trading in volatile market conditions. Part of the loss in overconfident trading. You have to trade with the possibility of the Forex market. And if one wants to make a 100% profit in this market of possibilities, it is never possible. Money management and risk management are not followed if it is overconfident. This is why many traders make losses.
Uczestnik z Nov 19, 2020
104 postów
Nov 19, 2020 at 06:42
Uczestnik z Nov 19, 2020
104 postów
Joao91 posted:Agreed! There has to be that thin line between confidence and over confidence, which lacks in many traders.
Many traders empty their accounts due to this issue, overconfidence and lack of proper plan.
Uczestnik z Aug 17, 2020
123 postów
Nov 19, 2020 at 07:17
Uczestnik z Aug 17, 2020
123 postów
Overconfidence can be really detrimental, but it is also bad if you don't feel confident enough. In the latter case, you might feel more fearful and stressed than you should. We have to find a middle ground where we have an adequate amount of self-confidence (which can be a challenge, of course).
Uczestnik z Jun 24, 2020
34 postów
Uczestnik z Mar 17, 2021
536 postów
May 24, 2021 at 18:42
Uczestnik z Mar 17, 2021
536 postów
EllisParker posted:Overconfidence is the most dangerous thing in the forex market.
Overconfidence leads to endless failures. We have to be really calm. Gotta understand the difference between being confident, under confident and over confident.
Uczestnik z Jul 23, 2020
759 postów
Jun 09, 2021 at 07:57
Uczestnik z Jul 23, 2020
759 postów
Always trade with your plan, not your emotion even your confidence.
Uczestnik z Jul 19, 2020
788 postów
Jun 11, 2021 at 18:13
Uczestnik z Jul 19, 2020
788 postów
Confidence needs to be controlled so that it is not overconfident. I calm myself by meditating when I make extra profit. That doesn't make me overconfident.
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