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Overconfident
Tham gia từ Jul 20, 2020
298bài viết
Oct 23, 2020 at 02:22
Tham gia từ Jul 20, 2020
298bài viết
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.
Tham gia từ Jul 19, 2020
318bài viết
Oct 23, 2020 at 09:41
Tham gia từ Jul 19, 2020
318bài viết
Confident is good but overconfident is not good. It can put you in great danger.
Tham gia từ Jun 05, 2020
33bài viết
Oct 23, 2020 at 11:17
(đã sửa Oct 23, 2020 at 11:17)
Tham gia từ Jun 05, 2020
33bài viết
GeorgeBischof posted:Agreed! A line between the two is very important.
Confident is good but overconfident is not good. It can put you in great danger.
Tham gia từ Jul 03, 2020
37bài viết
Oct 26, 2020 at 07:03
Tham gia từ Jul 03, 2020
37bài viết
Both overconfidence and missing something can be harmful for a trader. Try to find logic in everything you do.
Tham gia từ Apr 15, 2020
219bài viết
Oct 27, 2020 at 07:16
Tham gia từ Apr 15, 2020
219bài viết
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.
Tham gia từ Nov 07, 2020
25bài viết
Dec 02, 2020 at 10:28
Tham gia từ Nov 07, 2020
25bài viết
It’s good to be confident while trading. But don’t be overconfident because you make losses more than expected.
Tham gia từ Sep 08, 2020
32bài viết
Dec 03, 2020 at 10:39
Tham gia từ Sep 08, 2020
32bài viết
Do not let overconfidence chip away your profits.
Tham gia từ Jan 21, 2021
48bài viết
Feb 08, 2021 at 12:05
Tham gia từ Jan 21, 2021
48bài viết
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.
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.
Tham gia từ Nov 19, 2020
104bài viết
Feb 10, 2021 at 05:53
Tham gia từ Nov 19, 2020
104bài viết
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.
Tham gia từ Dec 28, 2020
187bài viết
Feb 23, 2021 at 10:25
Tham gia từ Dec 28, 2020
187bài viết
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.
Tham gia từ Feb 23, 2021
16bài viết
Feb 23, 2021 at 11:37
Tham gia từ Feb 23, 2021
16bài viết
Overconfident is very very bad, it always end up wiping your account. Even I wouldnt rely on confident as well, just stick with your trading plan.
Tham gia từ Nov 16, 2020
55bài viết
Mar 10, 2021 at 11:49
Tham gia từ Nov 16, 2020
55bài viết
if you do not remove self-confidence from trading and have not learned to control yourself, I see no reason to trade.
Tham gia từ Mar 17, 2021
536bài viết
Apr 03, 2021 at 16:51
Tham gia từ Mar 17, 2021
536bài viết
leeson12 posted:Yes. Overconfident can cause a great loss in your trading career.
Overconfident is very very bad, it always end up wiping your account. Even I wouldnt rely on confident as well, just stick with your trading plan.
Tham gia từ Nov 02, 2020
57bài viết
Apr 05, 2021 at 09:56
Tham gia từ Nov 02, 2020
57bài viết
Overconfident people often do not notice these nuances and points that are important for trading and in order to avoid risks and losses.
Tham gia từ Apr 15, 2020
219bài viết
Apr 06, 2021 at 05:41
Tham gia từ Apr 15, 2020
219bài viết
An overconfident trader is aught to commit basic trading mistakes.
1. Lacks capital management
2. Doesn't pay attention to stop loss.
3. Fails to keep himself updated with market movements, events, news releases etc.
4. Doesn't backtest the trading strategy.
All these mistakes combined lead to disastrous trading.
1. Lacks capital management
2. Doesn't pay attention to stop loss.
3. Fails to keep himself updated with market movements, events, news releases etc.
4. Doesn't backtest the trading strategy.
All these mistakes combined lead to disastrous trading.
The more your practice, the more you learn.
Tham gia từ Mar 29, 2021
9bài viết
Tham gia từ Jul 23, 2020
759bài viết
Apr 07, 2021 at 11:17
Tham gia từ Jul 23, 2020
759bài viết
hoagsobject posted:I also agree with you. All kind of human emotion is the enemy of a trader. Try your best to avoid them.
Overconfidence is the enemy of almost all endeavours
Tham gia từ Nov 03, 2020
65bài viết
Jul 06, 2021 at 04:31
Tham gia từ Nov 03, 2020
65bài viết
Sometimes overconfidence is confused with confidence, and as a result, it has a detrimental effect on your trading results.
Tham gia từ Feb 18, 2021
10bài viết
Jul 22, 2021 at 07:02
Tham gia từ Feb 18, 2021
10bài viết
Not just trading, overconfidence is not a right mindset in any field.
Tham gia từ Jul 07, 2021
41bài viết
Jul 22, 2021 at 11:27
Tham gia từ Jul 07, 2021
41bài viết
Overconfidence is one of the worst mindframes to take when trading. If you feel overly confdent you are bound to neglect the importance of considering risks and you will not be careful enough. The result will be that you either miss important indications and trends, act too quickly or rashly, and ultimately end up suffering losses.
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