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Control your greed.
会员从Sep 24, 2019开始
22帖子
Feb 09, 2020 at 14:23
会员从Feb 07, 2020开始
40帖子
Traders should keep their greed under control while trading foreign currency. Their focus should not be on making more money but on making their trading more profitable. Being greedy, a person sometimes makes bigger and bigger investments which leads to bigger losses. Therefore, the trader must control his greed and find ways to improve his trading. Big profits does not mean successful trading, but having continuity in your profits is a sign of successful trading.
Feb 10, 2020 at 06:31
会员从Oct 08, 2019开始
23帖子
ethan_65 posted:
Big profits does not mean successful trading, but having continuity in your profits is a sign of successful trading.
That's a great advice. Bringing consistency in one's trading returns is what matters the most. But traders somewhere focus on how big their returns are, which is not good if seen from long perspective.
May 27, 2020 at 00:41
会员从Apr 01, 2020开始
227帖子
Greed is a strong enemy to gain profit. forex is a very profitable business. we can earn huge money from here. most of the new traders cannot control their greediness and trade more and more for a huge profits. always we should protect our capital and trade for money very carefully without any greed.
会员从Apr 09, 2020开始
2帖子
会员从Dec 26, 2019开始
21帖子

forex_trader_1579982
会员从Jun 04, 2020开始
41帖子
Jun 13, 2020 at 19:07
会员从Jun 04, 2020开始
41帖子
Greed control should be under Risk Management, Have time of opening and time of closing, Don't Overtrade as it ruins a lot of Traders, I take loss when necessarily, it takes a good mental strength to accept you are wrong in trades and exit that trades with minimum loss and not let greed of not wanting to loss overcomes you, This have been one good parts of my Strategy to making good daily decisions.
会员从Jun 10, 2020开始
35帖子
Jun 15, 2020 at 14:31
会员从Mar 03, 2020开始
11帖子
Hello! Unfortunately, there is no on/off switch for such a feature like "greed". I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
会员从Mar 31, 2018开始
28帖子
Jun 15, 2020 at 15:38
会员从Mar 31, 2018开始
28帖子
gabeorwel posted:
Hello! Unfortunately, there is no on/off switch for such a feature like "greed". I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
I'm definitely going to use this cat analogy!!, well said gabeorwel !!! :)
会员从Feb 11, 2020开始
13帖子
会员从Jun 22, 2020开始
69帖子
Jul 07, 2020 at 07:17
会员从Jun 22, 2020开始
69帖子
gabeorwel posted:
Hello! Unfortunately, there is no on/off switch for such a feature like "greed". I remember 13 years ago, when I discovered Forex market, greed was living in my heart. And my trades were awufull. What helped me - is to treat Forex not like a money machine, but more like a side-hustle. Also having a full time job helps a lot, so I had money and I was not thinking about getting more. Not full time, not so serious, less worries. Also trading on a Forex looks like having a cat (not my words, but completely agree with them). If you are chasing a cat, that cat will run away, but if you stop chasing and you have what cat loves - cat will run towards you eventually.
Same thing with money. If you are chasing them with all you heart and soul and that's everything you can ever think of - you'll fail.
If you will have what money likes - patience, long term vision and love for what you do - money will come. Trust me.
Have a good one.
I really like what you said.
Saying that we have to control our greedness is easier than done. Thank you for sharing the story.
会员从Mar 03, 2020开始
10帖子
会员从Feb 24, 2020开始
7帖子

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