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Overconfident
Medlem sedan Jun 12, 2021
132 inlägg
Jun 19, 2021 at 07:17
Medlem sedan Jun 12, 2021
132 inlägg
overconfident actually not a bad habit , its a punishment' , nothing without it. not only in trading life but also harmful for real life.
Medlem sedan Dec 11, 2020
18 inlägg
Jun 25, 2021 at 04:07
Medlem sedan Dec 11, 2020
18 inlägg
Is a key to get doomed. Logic and patience on the other hand are the two keys for forex trading. Decisions based on logical facts and patience to wait for the result are very important to become a successful trader.
Medlem sedan Mar 17, 2021
536 inlägg
Jun 25, 2021 at 06:45
Medlem sedan Mar 17, 2021
536 inlägg
AliaDare posted:I also agree with you.
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.
Jul 01, 2021 at 11:59
Medlem sedan Jul 15, 2020
14 inlägg
There are so many opinions expressed in this thread that being overconfident does harm to trading. I would add that being underconfident also affects negatively on trading results. It is the same as in real life. The best way to survive is to be realistic, but it is easier said than done. The best way to decrease the influence of psychology on trading is to work out a trading strategy with the strict rules and understanding probabilities. Before making a deal, I believe, a trader should understand that there is no warranty that the price will go this or that way, but there is a probability which is always less than 100%. If a trader sees the indicators which say that the probability of this or that event will take place is high, a trader should react to this and do the trades according to information he possesses.
Medlem sedan Jul 23, 2020
869 inlägg
Jul 06, 2021 at 13:27
Medlem sedan Jul 23, 2020
869 inlägg
Traders need the confidence to trade. But sometimes it also leads to loss.
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