Newcomers and their greediness

May 22, 2020 at 05:48
3,378浏览
71 Replies
会员从Aug 17, 2020开始   123帖子
Dec 14, 2020 at 05:30
Greed is certainly a tough emotion to conquer. In my experience beginner's greed diminishes as one acquires more knowledge and learns more about what profits are realistic and unrealistic.
会员从Dec 16, 2020开始   23帖子
Dec 17, 2020 at 11:22
Greediness is the biggest enemy of a trader.
会员从Jul 20, 2020开始   232帖子
Dec 17, 2020 at 14:04
Greed is the most dangerous enemy for a trader. He should avoid greediness while he is trading if he wants to become a good and profitable trader.
会员从Oct 19, 2019开始   38帖子
Dec 19, 2020 at 09:31
Brank_A posted:
Greediness is the biggest enemy of a trader.
Rightly said!
会员从Dec 15, 2020开始   13帖子
Dec 21, 2020 at 09:39
The moment greed enters your trading cycle, risk increases manifold. Keeping such emotions away while trading is must.
会员从Nov 03, 2020开始   65帖子
Dec 21, 2020 at 10:15
Greed makes us feel emotions that negatively affect trading, so this fact must be taken into account.
会员从Dec 28, 2020开始   187帖子
Jan 13, 2021 at 09:10
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
会员从Feb 04, 2021开始   31帖子
Feb 11, 2021 at 12:34
Having a trading plan is one of the most helpful ways to manage the risks and capital in trading.
会员从Mar 17, 2021开始   536帖子
Mar 19, 2021 at 06:50
I always recommend to new trader first trade in major pair. Don’t try other minor pair.
会员从Jan 13, 2021开始   38帖子
Mar 19, 2021 at 08:39
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
会员从Jul 23, 2020开始   869帖子
Apr 10, 2021 at 16:17
Hrenz posted:
It makes no sense to take a pair that is less popular, because you need to be able to work with it.
Traders prefer to trade with major pairs due to volatility issues. Also, there is a lot of information available regarding those pairs.
会员从Apr 15, 2020开始   219帖子
Apr 15, 2021 at 05:12
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes
These are some really good tips... How long have you been trading?
The more your practice, the more you learn.
会员从Aug 09, 2017开始   785帖子
Apr 16, 2021 at 07:22
any level of newcomers always try to bring profit with no learning , its a very common thing and same mistake newcomers always do . even i did when was a completely new in trading.
会员从Apr 16, 2021开始   8帖子
Apr 16, 2021 at 09:34
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes


I would agree with this as long as the trading plan includes lots of learning and strategy development
会员从Mar 17, 2021开始   536帖子
Oct 04, 2021 at 20:49
opportunitycalls posted:
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes


I would agree with this as long as the trading plan includes lots of learning and strategy development
I also agree with these points.
会员从Apr 09, 2019开始   538帖子
Oct 05, 2021 at 14:22 (已编辑 Oct 05, 2021 at 14:23)
The issue is focussing on how much profit they can make rather than how much risk they are taking. One you can control and the other not so much.
If you can't spot the liquidity then you are the liquidity.
会员从Jul 19, 2020开始   751帖子
Oct 05, 2021 at 15:25
Even people trading for years didn't able to overcome the greediness. To overcome it one needs skills and proper trading psychology. It's not easy.
会员从Oct 05, 2021开始   10帖子
Oct 05, 2021 at 18:09
Having a trading plan is absolutely essential, I think this is something most traders miss.
They just keep trading different strategy to different strategy getting more and more confused.
会员从Oct 04, 2021开始   1帖子
Oct 05, 2021 at 22:15 (已编辑 Oct 05, 2021 at 22:15)
I trading plan separates professional traders from beginners. However, being a beginner means you should always try whatever works for you until you get it right.

This is a complete guide of how to create a winning trading plan:



Good luck!
会员从Mar 16, 2021开始   477帖子
Oct 06, 2021 at 02:32
Risk management is required from new traders to professional traders. And trading should be done keeping greed away.
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