Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
grownlemur
เป็นสมาชิกตั้งแต่ Nov 20, 2020
18 โพสต์
Jan 05 2021 at 08:46
Being greedy is the strongest emotion that needs to be controlled when you enter the forex market. Don’t set unrealistic goals. Otherwise, you will end up losing what you have in your pocket.
ElliotCooke
เป็นสมาชิกตั้งแต่ Jul 20, 2020
341 โพสต์
Jan 05 2021 at 17:28
If you want to learn forex properly babypips will be the best option for you. It can help you to learn many more new things about forex.
tediousbissa
เป็นสมาชิกตั้งแต่ Dec 11, 2020
18 โพสต์
Jan 06 2021 at 06:16
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
emotions is traders cant stop completely, because its a common human nature . but by means of real discipline we can controlled.
tediousbissa posted:Emotions are definitely a game spoiler for any trader. Sooner or later we must learn to try to keep them controlled.
When you decide to trade forex, you must make sure that you don’t let your emotions overpower you. If you let your emotions rule your trading decisions, you will end up losing the game.
Collingwood112
เป็นสมาชิกตั้งแต่ Nov 19, 2020
22 โพสต์
Jan 18 2021 at 10:01
Greed is something every trader should not pay attention to. It has the potential to ruin any prospect of profits.
UweMoench posted:Exactly how I imagined what greed is all about. When you are making unrealistic profit without backing up with sounding proof plan to avoid making a mistake, that is the result of poor thinking.
Greed is when your expectation and skills do not match. Suppose I am not enough skilled but I want to make unrealistic profit like 5% per day. That's greed. When you know how much skilled you are and act accordingly, then you get rid of greed.
carolehaye
เป็นสมาชิกตั้งแต่ Dec 14, 2020
18 โพสต์
Feb 12 2021 at 04:40
Everyone should try to stay away from such emotions like greed. It is not at all good for trading.
acidhinity
เป็นสมาชิกตั้งแต่ Dec 24, 2020
19 โพสต์
Mar 02 2021 at 10:18
Yeah that is correct! Greed does not serve well for any trader and it is better to try and not fall into its trap.
Greed works more when your needs are higher. Therefore, every trader should create a trading strategy by controlling greed.
LyudmilLukanov
เป็นสมาชิกตั้งแต่ Jul 23, 2020
869 โพสต์
Mar 09 2021 at 17:45
Demo traders lack emotion in trading. So, practice in real account to control emotion.
KnowFinance
เป็นสมาชิกตั้งแต่ Jan 16, 2021
85 โพสต์
Mar 11 2021 at 11:42
Greed comes into a play when trading is expecting a higher profit than the estimated, which enables them to over trade. As a result of that behaviour, they would be facing losses. So, it is important to keep your expectation level away from your control.
When, but for ourselves, a certain income that we want to receive, we forget that everything should be in moderation, otherwise greed absorbs us.
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
SofieAndreasen
เป็นสมาชิกตั้งแต่ Jul 23, 2020
759 โพสต์
Mar 29 2021 at 16:26
Akasuki posted:True. Find the best time to trade according to your trading style.
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
LukeRachel
เป็นสมาชิกตั้งแต่ Mar 16, 2021
477 โพสต์
Mar 30 2021 at 04:27
If there is the hope of getting more than you need, it creates greed. And this greed does a lot of damage in forex trading. From that greed, it is possible to lose the investment.
angelicafreeman
เป็นสมาชิกตั้งแต่ Jan 07, 2021
13 โพสต์
Mar 31 2021 at 10:48
That is right. It is better to set some boundaries so that traders don’t feel the need to overtrade and then lose their money.