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LeviSievwright5
Oct 23 2020 at 02:22
298 príspevkov
When a trader makes a consistent profit, he is seen as overconfident. That confidence often leads to trading losses. Forex market of possibilities so it is never possible to trade with 100% target here. If ever an overconfident is created, meditation should be done. Meditation helps to overcome overconfidence.

GeorgeBischof
Oct 23 2020 at 09:41
318 príspevkov
Confident is good but overconfident is not good. It can put you in great danger.

Juan_Garcia
Oct 23 2020 at 11:17
33 príspevkov
GeorgeBischof posted:
Confident is good but overconfident is not good. It can put you in great danger.

Agreed! A line between the two is very important.

CanoeMussy
Oct 26 2020 at 07:03
37 príspevkov
Both overconfidence and missing something can be harmful for a trader. Try to find logic in everything you do.

Elena Triston (ele020)
Oct 27 2020 at 07:16
219 príspevkov
Trading and confidence are directly proportional to each other, but just like excess of anything is bad, excess of confidence leads to incorrect decision making. For example a trader is tooooooo confident on his trading style and strategy, thus ignores all other factors and blindly flows its strategy. This could take a wrong direction as you should make your strategy flexible with changing market environment.

The more your practice, the more you learn.
Halexpark899
Dec 02 2020 at 10:28
25 príspevkov
It’s good to be confident while trading. But don’t be overconfident because you make losses more than expected.

Hillartrading
Dec 03 2020 at 10:39
28 príspevkov
Do not let overconfidence chip away your profits.

MichaelEX
Feb 08 at 12:05
48 príspevkov
After entering the trade market, new traders become overconfident and jump directly into it. As a result, most of them face a massive financial loss. A common reason behind this is the lack of knowledge about the market.

When beginners become overconfident, they start thinking that they have become the forex expert. This kind of attitude is a big problem among newbies, rather they should analyze and spend time improving their trading skills.

Joz8
Feb 10 at 05:53
102 príspevkov
There are times when good earnings and profits might instil a feeling of over confidence in a trader. But good traders will always keep calm during such situations and not give in to any impractical activity.

Sar John (Sarjohn)
Feb 23 at 10:25
187 príspevkov
You become confident when you gain experience in forex and spend time on learning forex and developing strategy. But when you are overconfident about your trading practice,for sure it will lead you in losses.

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