ManUnitedBest
Členom od May 24, 2019
10 príspevkov
Nov 16 2020 at 11:50
As has been said above to be effective at trading (or anything) you need knowledge. Without that you are just gambling. I am trying to learn (and take my time about it), rather than just jump in and loss all my money on high risk trades
AniLorak
Členom od Apr 18, 2017
920 príspevkov
Nov 16 2020 at 12:08
i like to depend on Forex , because its really a royal business than others. generally we the take Forex as money making place and this greed comes from making profit from demo account.
Faujinn
Členom od Nov 02, 2020
57 príspevkov
Nov 16 2020 at 14:13
You can still make good money at the professional level with the broker Amarkets, which offers RAMM service and good trading conditions
Gergo_01
Členom od Oct 30, 2020
24 príspevkov
Nov 17 2020 at 07:53
AniLorak posted:Agreed, demo trading somewhere, does make every trader think that he has become 100% efficient, not knowing that live trading is so much different.
i like to depend on Forex , because its really a royal business than others. generally we the take Forex as money making place and this greed comes from making profit from demo account.
Gareylinn509
Členom od Nov 07, 2020
34 príspevkov
Nov 26 2020 at 04:58
When you are knowledgeable, you are already prepared for the typical situations. And when you are overconfident, you miss even the most obvious steps.
Duktilar
Členom od May 24, 2020
112 príspevkov
Nov 29 2020 at 12:00
Indeed, sometimes overconfidence does not allow us to notice the obvious things.
Bladiminmunro
Členom od Oct 15, 2020
59 príspevkov
Dec 02 2020 at 09:13
Duktilar posted:I think every trader should undertake trading psychology courses that are being offered these days. They might help to an extent.
Indeed, sometimes overconfidence does not allow us to notice the obvious things.
Cizel89
Členom od Mar 23, 2020
63 príspevkov
Dec 03 2020 at 11:11
Gareylinn509 posted:Agreed. That line between confidence and over confidence just makes all the difference.
When you are knowledgeable, you are already prepared for the typical situations. And when you are overconfident, you miss even the most obvious steps.
Beagelv
Členom od Jul 27, 2020
81 príspevkov
Dec 03 2020 at 12:28
Only your own strategy and desire to achieve a good result can bring efficiency in trading, so try to develop and direct all your forces to achieve the goal.
Bladiminmunro
Členom od Oct 15, 2020
59 príspevkov
Dec 04 2020 at 06:59
Beagelv posted:I have what you can call a trading plan, I have my stop loss level in it, the strategy I intend to use and the max I want to go on limb with leverage.
Only your own strategy and desire to achieve a good result can bring efficiency in trading, so try to develop and direct all your forces to achieve the goal.
Roberto21
Členom od May 02, 2019
364 príspevkov
Dec 04 2020 at 07:09
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
Gergo_01
Členom od Oct 30, 2020
24 príspevkov
Dec 05 2020 at 05:50
I agree with @Roberto21
Beginners, even experienced traders get affected with such issues at times. Practice, hard work and a good trading plan can help us get through this.
Beginners, even experienced traders get affected with such issues at times. Practice, hard work and a good trading plan can help us get through this.
GeorgeBischof
Členom od Jul 19, 2020
318 príspevkov
Dec 06 2020 at 09:32
Trading is the forex market is not so easy. If you have proper knowledge and basic skills, you can make profit from this market. So, gather knowledge and skills as much as you can.
Bladiminmunro
Členom od Oct 15, 2020
59 príspevkov
Dec 07 2020 at 07:31
GeorgeBischof posted:I even feel that trading courses are a must, can give a good perspective on every related aspect.
Trading is the forex market is not so easy. If you have proper knowledge and basic skills, you can make profit from this market. So, gather knowledge and skills as much as you can.
Daxton
Členom od Sep 23, 2020
42 príspevkov
Dec 07 2020 at 11:36
For trading effectively, its very important to have full knowledge about the markets and have a strong and solid strategy to trade well.
LeviSievwright5
Členom od Jul 20, 2020
298 príspevkov
Dec 07 2020 at 20:03
Yes, you are right, emotion and greed are the same. It is not possible to make a profit in trading if there is emotion. Similarly, greed completes similar activities.
samir45566
Členom od Feb 07, 2020
2 príspevkov
Dec 08 2020 at 09:55
I, too, are on a similar path like all newcomers to trading. But I've already spent a lot of time to figure out what's what. Everything is both simple and complex at the same time. I realized that I need to study a lot and if I want to earn decent money, I need to become an experienced trader.
Bladiminmunro
Členom od Oct 15, 2020
59 príspevkov
Dec 09 2020 at 09:19
samir45566 posted:
I, too, are on a similar path like all newcomers to trading. But I've already spent a lot of time to figure out what's what. Everything is both simple and complex at the same time. I realized that I need to study a lot and if I want to earn decent money, I need to become an experienced trader.
There's no doubt that experience in trading brings its own rewards. Initial part of trading journey is mostly composed of losses.
Brick_56
Členom od Apr 18, 2020
43 príspevkov
Dec 10 2020 at 06:11
LeviSievwright5 posted:Agreed, both emotions and greed can pull back a trader equally. Working on these is too important in forex.
Yes, you are right, emotion and greed are the same. It is not possible to make a profit in trading if there is emotion. Similarly, greed completes similar activities.