Now, I realize how greed affects us.

[rexrip]

this is very important for us to control our greed as it is a curse in trading and also in every field. So we have to keep our emotions under control and do not let them to get out of limit. Any ways it is sad to hear that you lost your precious money but it is good that your have realized your mistake and will not do that mistake again.

[saintboy]

I think loss is a good experience for us. and like wise man said, experience is the best teacher. If you want to success in forex trading, maybe you should start use a good money and risk management. with good money management, you can limit your loss by set your stop loss in certain % of your equity. And another suggestion for you, maybe you may set your daily target not too high. and separate them in 2-3 times trading

[gulking]

forex trading main jo new bies hy un ky ley tu both mushkil or tension walie bt hy but i realize ky jo experience full hy un ky ley great affects hy

[assi]

when we want to get some more and more in forex then it is really very bad and specially if you got some money from the broker on any day then broker will try to get back the money from you so you should be clever and do not be greedy

[SamMas]

Yes true greed will affect our lives so that our order had resulted in profit does not belong to us because they feel less greedy lot would be lost due to delay due to close orders that have profit

[shozeb]

I lost $220 last time in my trade. And all was due to my greed. I was just having few profits. But I thought I will stay for more time and gain more profit. And that was my mistake that lead to loss. I was really upset then but most importantly I realized how greed affects our trade. How about you traders?

yeah dude yeh samajhna bahot zaruri hai ki greed ek trader ke liye bahot hi zyada dangerous hai trader ko kai baad greed ki wajah se hi kamayahua profit bhi loss karna padta hai...aisa mere sath bhi ho chuka hai maine bhi greed ki wajah se apna profit loss kiya hai...

[Mars]

many time it's happened to me also greed is not good for trading because of greed a trader violates the rules of many management that brings major losses for traders account. so it is more harmful for a traders account.

[abbey ak]

yes greed is not a very good attribute of a good forex trader because the more we trade with greed the more we get to lose our account so i think i will advise all forex traders never to trade with greed because greed blow our account in the shortest possible time i trade with greed before and i know the out come

[hitcola]

Greedy makes the forex more risky.
you know what is the reason of the loss? we don't want to lose and we don't accept the loss, we don't close the losses trades by our self so the company close it for us after the margin call.

what you should do is to close the trade when you know that the market is changing direction

[cfxsignals]

I think that greed does cause problems. You should be able to tell the difference between greed and fear though. Don't exit early because of fear, don't stay in because of greed. Just exit according to plan.