Some time if trader dont follow risk and money management system then it is some time bad for traders account so I think every trader should follow money management system and this equation works well
Printable View
Some time if trader dont follow risk and money management system then it is some time bad for traders account so I think every trader should follow money management system and this equation works well
indeed greedy can cause risk of loss. it's good before we trade, we already have a good trading plan. disciplined and consistent with the plans we have made will be able to avoid the greedy nature that is in us. so that we can consistently profit in the trade.
I think there is no need of equations we must be sure that what we are doing and risk is the first thing that a trader accept before entring inti this field and when he enter at that time he must learn that how to handle risk and greed and what is better dor him.
I know that there are a lot of traders get loss because they are too greedy, this is a mistke that most of trader know but they can not avoid it. it is very difficult to control emotion in trading forex market.
yeah my friend i am 100% agree with you me to i think that greed and risk are affect our trading if we didn't control our emotion when we trade we can loss our capital in few time that's i advice all trader to be carful and patient In addition every trader should follow money management and risk managment.
Good equation friend.
I like it and support this equation. because this equation is one of the rule of forex, but not over all rule. i think big greed lead the big risk. sometime trader don't observe it. than the big risk lead the big loss or the big profit. New trader should not be take risk more than 5% of his whole capital of account.
Greed works everywhere.. not in just this market.. But in other businesses also.. But when you lose heavily because of your greed then fear starts to grab your trading.. Losing confidence is one of the main reason for executing bad trades.. You must need to trade like a machine..
It is 100% true that, greed always lead big risk, a big risk always lead the big loss. So anybody wants get profit so he must control his greed. If anybody can control their greed so he must get profit.
Yes this is true i think that the big greed lead you to the big risk and the big risk lead you to the big loss or the big profit but if the trader win for once and try to use it many time he will lose.iI think it is better you make small constant profit than trying to maximize profits at once.
i think..if u not be greedy..u can profit 3% in one month.. n i think..that are very easy way..
if u calculate..3% in 5 years.. u can get high return...
but if u greedy..u will overtrading..n will mc