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Greed is dangerous
Sep 25, 2020 at 11:57
Membro Desde Jul 19, 2020
751 posts
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.
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Sep 29, 2020 at 01:46
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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.
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Nov 17, 2020 at 06:03
Membro Desde Nov 02, 2020
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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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