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Control your greed.

lovefortrading (perryjohn765)
Jul 29 2021 at 11:19
238帖子
the most thing is to control greed if that does not happen i believe a trader cannot be successful
mab8
Jul 30 2021 at 05:36
41帖子
Yes, greed can be your biggest enemy in forex trading. If you are not able to slow your pace and think well before making a decision you will most likely end up making a wrong move if you allow greedy feelings to lead the way. You need to pur emotions at bay and focus on a realistic and complete analysis as much as you can.
AliaDare
Jul 30 2021 at 16:10
788帖子
mab8 posted:
Yes, greed can be your biggest enemy in forex trading. If you are not able to slow your pace and think well before making a decision you will most likely end up making a wrong move if you allow greedy feelings to lead the way. You need to pur emotions at bay and focus on a realistic and complete analysis as much as you can.
If there is greed in any matter, nothing good can be expected from him. Greed is the most harmful emotion in trading. Which can create many problems to survive in trading.
croisssan
Jul 30 2021 at 18:49
939帖子
For a trader, emotions are a very negative fact. In fact, it is worth paying attention to in order not to get an unpleasant result.
UweMoench
Jul 31 2021 at 10:00
751帖子
Very few traders can control greed. It is not a cup of tea for all traders. It needs right education and prarice to control greed in trading.
Garrian
Aug 04 2021 at 17:01
17帖子
Greed will do you no good, everybody knows it, however, it becomes vivid when a greedy person deals with financial operations. If you try to get more than it it possible, you'll definetely fail sooner or later. So, what oyu need to do is to listen to your common sense and do your best to hedge the risks even psychological ones.
Faujinn
Aug 18 2021 at 07:42
57帖子
In order to protect yourself from large and unforeseen risks, it is best to prescribe a program plan in advance and work on it.
Akasuki
Aug 18 2021 at 11:45
558帖子
@Garrian Yes greed is the most destructive feeling in trading but people can't resist them from being greedy. That's why discipline is very important in trading.
Tradextol
Sep 02 2021 at 07:33
57帖子
I think it majorly depends upon a trader's goals . We see traders who have long term goals succeed more often than those who have short term goals. This is because the majority of traders that have short term goals are driven by greed to make quick big bucks which never ends up in their favour, rather they lose most of their money in a couple of days.
Williamfreed
Sep 03 2021 at 03:56
176帖子
Greed is a very bad thing, We do our harm by being greedy and greed is present in all of us, but we have to control it. All people try to be tempted to be a business or any work and want to succeed quickly, but it is a wrong decision, all those people should always work in the forex business until the crown today, watch out for hurry. Online business requires us to work slowly and not too fast. Hurrying hurts and greed is a bad thing.
sharabela
Sep 03 2021 at 06:28
121帖子
Greed is one of the worst enemies. However, a trader with proper money management, discipline does not have a chance to be greedy. I assume as time goes by a trader with his experience gets less greedy.
CraigMcG2020
Sep 03 2021 at 06:57
381帖子
sharabela posted:
Greed is one of the worst enemies. However, a trader with proper money management, discipline does not have a chance to be greedy. I assume as time goes by a trader with his experience gets less greedy.

I agree i think systematic approaches to trading and also risk management reduce the occurance of greed, fear of missing out etc. Its so key to be as robotic as possible and with good systems in place this is so much easier
UweMoench
Sep 04 2021 at 05:54
751帖子
Yes there is no alternative to systematic approach in forex trading. We can make consistent profit by following random approach. That's why we need to have good understanding of the market.
Unellene
Sep 04 2021 at 16:00
283帖子
greed is generally an extra feature in any of your activities and in life in general, you need to get rid of it
necolesilvers
Sep 06 2021 at 07:27
28帖子
If greed is not checked at the right time, it may land a trader in some serious problems. Most of the traders end up over-trading out of greed. Therefore it is very important to prepare your mind. It is only our mind that prompts us to make money quickly. Therefore, it is good to strictly follow a trading plan so that you don’t deviate from your goals. It will save a trader from blowing up their account.
AndrewMcCalam54
Sep 06 2021 at 07:39
132帖子
from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.
romanholiday
Sep 06 2021 at 10:15
9帖子
AndrewMcCalam54 posted:
from all bad human habit greed is the foremost which can make you loser from this trading place , so its more appropriate to control greed by making others good trading habit.
Greed is also the foremost habit that drives us to succeed, especially with Forex. We all want to to be rich from Forex. No one does this just for fun
Imamul
Sep 07 2021 at 13:36
716帖子
controlling greed is a very good habit but you must have to pass a long time , otherwise this habit can make you loser.
nick3232
Sep 07 2021 at 14:16
162帖子
grid is the tare of the society
Miralas
Sep 07 2021 at 17:20
20帖子
Greed is a stumbling block in every business and in every human activity. This is sure to blow your budget when we talk about forex market. Only common sense should make decisions and no emotions are acceptable.
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