Beginners Greed
Medlem sedan Jan 03, 2018
162 inlägg
May 14, 2020 at 14:46
accept losses is a good way to learn
nick123427@
Medlem sedan Aug 11, 2017
886 inlägg
Jun 18, 2020 at 05:58
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.
Jun 18, 2020 at 07:03
nick3232 posted:
accept losses is a good way to learn
Exactly. That is the only way one can succeed in forex. Those who run from it don't go too far. Losses and profits must be seen as a part of trading the same way as sadness and happiness is a part of life.
Medlem sedan Mar 03, 2020
10 inlägg
Jun 19, 2020 at 03:47
There is a secret, and it's quite simple, really. If you are greedy - you won't be able to succeed on Forex. Forex hates greedy people and punish them hard. So God bless.
Medlem sedan Jun 22, 2020
4 inlägg
Jun 23, 2020 at 10:31
Never be greedy in forex. It can drive you to huge losses.Trading must be done patiently with a keen interest to gain knowledge. Take risks that you can afford.
Medlem sedan Jul 20, 2020
232 inlägg
Aug 20, 2020 at 19:13
Yes. Greed can put the beginners in great lose. They can lose all their money because of greed. So, as a beginner if you want to become successful in this market, you have to avoid greed from you nature.
Medlem sedan Aug 11, 2017
886 inlägg
Aug 21, 2020 at 11:50
If you have small balance, should not trade high leverage, it can causes a great loss, you can get maximal result by using leverage if you have sufficient balance as well proper money managing plan.
Medlem sedan Jul 19, 2020
751 inlägg
Aug 22, 2020 at 03:55
Yes discipline and a trading plan is needed to control greed. Trading emotions are common among traders. It needs a lot of systematic ways to control greed and fear of losing money or missing a trade.
Medlem sedan May 24, 2020
112 inlägg
Aug 29, 2020 at 10:42
The desire for quick and big earnings ultimately leads to quick losses.
Medlem sedan Jul 23, 2020
869 inlägg
Sep 11, 2020 at 12:47
Malajind posted:That’s true. Trader should control or avoid this kind of emotion. It is hard but not impossible.
Due to the fact that there is a desire to earn faster, beginners very often give in to their greed and make stupid mistakes.
Medlem sedan Jul 19, 2020
298 inlägg
Sep 11, 2020 at 13:43
Usually there are two types of emotions on trading that affect a trader. One is fear and is greed. Fear of losing money and fear of losing opportunity. Due to greed traders open big lots and revenge trade. To be successful one needs to overcome this.
Medlem sedan Jul 19, 2020
751 inlägg
Sep 11, 2020 at 15:23
Yes greed is very destructive emotions for traders. New traders open big lots out of emotions. Then they open a lot of trades at a time. They do not bother about risk management. To reduce greed we need to discipline. We have to make certain rules and follow them.
Medlem sedan Jul 19, 2020
298 inlägg
Sep 13, 2020 at 13:08
Roberto21 posted:Yes Forex trading is addictive for individuals particularly for new traders despite the fact that it is troublesome. Many new traders can't sleep at night. They constantly watch the market all day and night.
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
