View Full Version : Now, I realize how greed affects us.
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Jazpa
2011-09-08, 04:56 PM
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?
chirayu
2011-09-08, 09:22 PM
yes sometimes this happend, but low profit is also not good because if we always take small small profit then one trade will come and that will blow our account.
james
2011-09-17, 04:55 PM
I lost $220 last time in my trade. And all was due to my greed. I was just having few profits. But I thought I will stay for more time and gain more profit. And that was my mistake that lead to loss. I was really upset then but most importantly I realized how greed affects our trade. How about you traders?
well bri it happened to me too i lost all my 100$ ...its really frustrating when you loose 100$ in hrs.... its like earning hard money for 5-6 days and blowing it in one day :(
mayengbam
2011-09-24, 04:30 PM
facing a margin call or a big loss is a very good lesson for the forex aspirants, it brings him/her back to reality from his/her dreams. forex is a serious business and one should treat it seriously, its no child's game. one cant get what he/she wants (profit) all the time, so one should be well prepared to get some losses and try to limit it, if he has to make profits
keset
2011-09-24, 04:49 PM
facing a margin call or a big loss is a very good lesson for the forex aspirants, it brings him/her back to reality from his/her dreams. forex is a serious business and one should treat it seriously, its no child's game. one cant get what he/she wants (profit) all the time, so one should be well prepared to get some losses and try to limit it, if he has to make profits
right forex is good business and prospects but need to seriously because it is very complicated. much to learn and do not despair, keep learning, especially from the experience of past mistakes..
nuh514
2011-09-24, 04:55 PM
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?
Greed is a curse in every field. So keep your emotions of greed within limit 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.
Ronak
2011-09-24, 05:02 PM
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
trijay
2011-09-24, 05:04 PM
right forex is good business and prospects but need to seriously because it is very complicated. much to learn and do not despair, keep learning, especially from the experience of past mistakes..
indeed true forex is a business that has a great opportunity keuntunga, my traders have only a small capital, and not to be greedy, my new traders who are struggling to understand the forex, and getting profit from the transaction that I do, I believe it can not be instant, and requires a process
mayengbam
2011-09-25, 09:57 AM
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
every trader face losses, since its a part of this business, the important thing here is to bear in mind the situations that leads to the loss and try to develop a plan to deal when those situations comes again.
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?
This was happened same with me I started $150 and I earned up to $345 with in 9 days and then I traded with big lots to get much profit. I was thinking this is my confidence but I was wrong this is not my confidence this was my greed who gave me all my money loss. Greed is bad in Forex or any business.
bestlooser
2011-09-25, 02:17 PM
I have really realized that greed is dangerous as I was getting low profit on my own and I was just thinking what to do? but I thought I could get big profit by a pamm trader but this was just greed. because that trader was getting big profit. So I decided to get profit too by investing with him. as he was making big profit with low profit. but in the end I had to face a big lose.
SG Trader
2011-10-11, 02:48 PM
Ya this is the basic mistake that many traders had done at the starting and suffer great loss.Greed can be very harmful for us.jitna profit ata hai utna lelena chaiye jyada profit ke chakkkar me hamesha loss hota hai
greedy is the big problem in any traders. i think we should doing a lot of practice, fixing our target, so if our profit was touch the target we dont do trade again for controlling the greedy.
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?
That is it, that remind my first trade, I deposit $100 in my account, and I think the market should go the way, but unfortunately, some news released, the market gone against my position, I lost all my money in several minutes.
mbiutfx
2011-10-12, 12:14 AM
true greedy nature will greatly affect the adverse effects to our account, will be a loss, and MC since only emotion that is .. you should be gradually relieving the greedy..
cumil
2011-10-12, 04:33 AM
I have really realized that greed is dangerous as I was getting low profit on my own and I was just thinking what to do? but I thought I could get big profit by a pamm trader but this was just greed. because that trader was getting big profit. So I decided to get profit too by investing with him. as he was making big profit with low profit. but in the end I had to face a big lose.
yes, greedy make me over trade, I am always not satisfied with the results I've got, I always try to get more without realizing how much risk I will face,
i'm always wanted to get more profit and sometimes I want to be rich in one night, that's what I feel about my greedy, and it's very bad
rajid
2011-10-12, 01:20 PM
true in trading should we get rid of greed because it can cause us loss to the MC should be trading as normal in accordance with the trading plan we have made it well. :respect:
vineet
2011-10-13, 11:47 PM
indeed true forex is a business that has a great opportunity keuntunga, my traders have only a small capital, and not to be greedy, my new traders who are struggling to understand the forex, and getting profit from the transaction that I do, I believe it can not be instant, and requires a process
chintan
2011-10-17, 09:35 PM
Main apni winning trade ko kabhi bhi loose trade ya bad trade main convert naheen honay deta. Jasy hi maree trade profit main jatee hay main apan stop loss manually oopper moove karta hon aur usay loss level say ooper lga deta hoon. Mary khayal main greed hi sab say ziada nuqsaan kartee hay traders ka aur is say bachna chahiye.
hetal
2011-10-18, 01:34 PM
well bri it happened to me too i lost all my 100$ ...its really frustrating when you loose 100$ in hrs.... its like earning hard money for 5-6 days and blowing it in one day
vineet
2011-10-19, 08:17 PM
right forex is good business and prospects but need to seriously because it is very complicated. much to learn and do not despair, keep learning, especially from the experience of past mistakes..
popatji
2011-10-24, 12:17 PM
i tried many time to control these emotions but always fall in the same mistake
i always be greedy can't stop this and i got margin call many times
but i will never stop trying, i think the best to control your fear is using money management
but greedy no way i didn't find out how to control it
speedy
2011-10-24, 08:17 PM
i tried many time to control these emotions but always fall in the same mistake
i always be greedy can't stop this and i got margin call many times
but i will never stop trying, i think the best to control your fear is using money management
but greedy no way i didn't find out how to control it
The best way to control your greed is to sit aside and think upon your efficiency till date. Just calculate the amount you have lost due to this bad habit "Greed". Now after you analyze then think upon a new concept. Try to earn just $5 per day, after a week you will have $35 and after a month you will have $140.
Now imagine what is the difference between $140 per month and Margin Call.
SG Trader
2011-10-24, 09:17 PM
The best way to control your greed is to sit aside and think upon your efficiency till date. Just calculate the amount you have lost due to this bad habit "Greed". Now after you analyze then think upon a new concept. Try to earn just $5 per day, after a week you will have $35 and after a month you will have $140.
Now imagine what is the difference between $140 per month and Margin Call.
Good thinking, I think this is what we should do. we must be patient and refrain to avoid the greedy nature.
I think it would be better if we make a daily or weekly target profit and if the target touched on that day, then we could be more relaxing to not trading and continue tomorrow.
yamibux
2011-10-24, 09:35 PM
Priority of access to the Forex market is the lack of greed, we all know that greed is at least the collection
The jungle of the most important point that should be on the beginner that you make before entering into the market is not greed and preserve the gains near
I follow that argument (loss or gain near-term)
As well as (a bird in hand is worth two in the bush)
yes, greedy make me over trade, I am always not satisfied with the results I've got, I always try to get more without realizing how much risk I will face,
i'm always wanted to get more profit and sometimes I want to be rich in one night, that's what I feel about my greedy, and it's very bad
realfun07
2011-11-09, 12:49 AM
After trading for few months and blowing my account number of times and specially when all my lost trades were winning trades most of the times i realize that greed is the worst enemy of a trader and to control it one must always use take profits to his trades and book profits as based on your study and analysis.
arooj3737
2011-11-09, 03:38 AM
Yes our greed is 100% effects on us in the shape of big loss when we try to earn more than our investment so if we control our greed and emotions we can do trading business in long terms with very little investment.
Mr. Tukul
2011-11-09, 06:50 AM
well bri it happened to me too i lost all my 100$ ...its really frustrating when you loose 100$ in hrs.... its like earning hard money for 5-6 days and blowing it in one day
you should get a valuable lesson from the incident that you experienced ...
you definitely know what causes you suffer a loss in quick time, and you must change your trading style so it does not happen again ...
Greedy effects us to hardly that when i shows greediness i face the loss, i lost my $ 130 with just only Greediness, not through any other factor so pleas avoid form this habit in forex trading
realfun07
2011-11-14, 09:58 PM
you are saying quite right my friend. I did many times like you and i analyse my self and i found that greed is the factor in my self but most it happened just because of the revenge from the market and i did not get but losing 200$ a day.:(
Never ever think about taking revenge from this market as these markets are too big for us and whenever you loose just do not think of recovering your losses by taking revenge from these markets.Its better to analyze the cause of your losses and try not to repeat those mistakes.
prabhashxsp
2011-11-15, 06:37 AM
mainai demo account mai itni greed mehsus ki hai .. jub bhi mairai profit mai chalta tha trade us waqt mai .bina take profit use kiai . soch ta tha ki ai pair aur bhi uper jaiga but o trade fir sai loss mai chalajata tha .. isliya i think greed is very very bad
sanjeev
2011-11-16, 06:28 PM
हां इस बुनियादी गलती है कि कई व्यापारियों को शुरू करने में किया था और पीड़ित महान loss.Greed बहुत हानिकारक us.jitna लाभ अता है utna lelena chaiye jyada लाभ के chakkkar मुझे हमेशा हानि होता है के लिए किया जा सकता है
sanjeev
2011-11-18, 05:42 PM
लालच हमें रास्ते में बहुत बुरी तरह से प्रभावित क्योंकि लालच कारक है कि हो सकता है व्यापारियों के लिए अपने पूरे पैसे losse बनाया है सकते हैं. तो हमेशा आप व्यापार में लालच से बचने
narendra
2011-11-18, 07:34 PM
indeed true forex is a business that has a great opportunity keuntunga, my traders have only a small capital, and not to be greedy, my new traders who are struggling to understand the forex, and getting profit from the transaction that I do, I believe it can not be instant, and requires a process
bhanu
2011-11-20, 07:21 PM
Greed is a curse in every field. So keep your emotions of greed within limit 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.
arihant
2011-11-21, 09:16 PM
This was happened same with me I started $150 and I earned up to $345 with in 9 days and then I traded with big lots to get much profit. I was thinking this is my confidence but I was wrong this is not my confidence this was my greed who gave me all my money loss. Greed is bad in Forex or any business.
edison
2011-11-26, 10:41 PM
i dont agree should take small profit and withdraw, you should use low risk so you never be worried
edison
2011-11-26, 10:44 PM
yes i loss half of my account in a single trade because of my greediness i dont know how to control my greediness
nikhil
2011-11-27, 03:45 PM
That is it, that remind my first trade, I deposit $100 in my account, and I think the market should go the way, but unfortunately, some news released, the market gone against my position, I lost all my money in several minutes.
anchitkole
2011-12-02, 01:16 PM
Main apni winning trade ko kabhi bhi loose trade ya bad trade main convert naheen honay deta. Jasy hi maree trade profit main jatee hay main apan stop loss manually oopper moove karta hon aur usay loss level say ooper lga deta hoon. Mary khayal main greed hi sab say ziada nuqsaan kartee hay traders ka aur is say bachna chahiye.
anitagala124
2011-12-08, 09:51 PM
I have really realized that greed is dangerous as I was getting low profit on my own and I was just thinking what to do? but I thought I could get big profit by a pamm trader but this was just greed. because that trader was getting big profit. So I decided to get profit too by investing with him. as he was making big profit with low profit. but in the end I had to face a big lose.
hetal
2011-12-11, 01:57 PM
तुम बहुत सही मेरे दोस्त कह रहे हैं. मैं तुम और मैं जैसे कई बार मेरे आत्म का विश्लेषण किया और मैंने पाया कि मेरे आत्म में लालच कारक है, लेकिन अधिकांश लोग इसे बस की वजह से बाजार से बदला हुआ है और मैं पाने के लिए नहीं बल्कि $ 200 एक दिन खोने.
anitagala124
2011-12-11, 04:15 PM
That is it, that remind my first trade, I deposit $100 in my account, and I think the market should go the way, but unfortunately, some news released, the market gone against my position, I lost all my money in several minutes.
anubhavsingh
2011-12-13, 01:45 AM
तुम बहुत सही मेरे दोस्त कह रहे हैं. मैं तुम और मैं जैसे कई बार मेरे आत्म का विश्लेषण किया और मैंने पाया कि मेरे आत्म में लालच कारक है, लेकिन अधिकांश लोग इसे बस की वजह से बाजार से बदला हुआ है और मैं पाने के लिए नहीं बल्कि $ 200 एक दिन खोने.
agar aapko ye baat smajh aa gayi hai to aapke liye aur aapke account ke liye bahut achi baat hai
greed bahut abd areason hai jsi wajah se tardres loss me jate hai
forex me greed se bach ke trading karne wale tradres ko bahut zada fayda hota hai..isliye har trader greed se bachne ki koshish karta hai
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
yes,i agree with you.greed is the first enemy for sucessful trader.greed is nothing but wait for huge profit.greed gives mostly low profit and huge losses.we use small lot size and get 2%-5% acceptable profit.
realfun07
2011-12-13, 07:36 PM
That is it, that remind my first trade, I deposit $100 in my account, and I think the market should go the way, but unfortunately, some news released, the market gone against my position, I lost all my money in several minutes.
This loss was not due to greed coming in play as it was a wrong trade but when a trader has greed and is unable to control it he ends up loosing a winning position.
atif58
2011-12-13, 08:37 PM
Learn from your mistakes. And don't lose your heart , it you had commit a mistake then in future you will be aware of doing this. Big losses give us a lesson. Sometimes it tells us our analysis was week and sometimes also we are emotional. So try to learn from your mistakes.
newentry
2011-12-13, 08:51 PM
That is it, that remind my first trade, I deposit $100 in my account, and I think the market should go the way, but unfortunately, some news released, the market gone against my position, I lost all my money in several minutes.
it is caused by higher the lots setting..i think that you are a scalper for that times ...it is very important to use all time frames especially for the higher to see the movement of the trend and then we can op at the lower that has same direction with the higher
dmambi
2011-12-13, 10:04 PM
Yes after some initial loss in trading we all realize how dangerous the Greed for our trading account, but fail to control it again and again due to attachment on the money.
nikam
2011-12-24, 01:01 PM
Main apni winning trade ko kabhi bhi loose trade ya bad trade main convert naheen honay deta. Jasy hi maree trade profit main jatee hay main apan stop loss manually oopper moove karta hon aur usay loss level say ooper lga deta hoon. Mary khayal main greed hi sab say ziada nuqsaan kartee hay traders ka aur is say bachna chahiye.
shinde
2011-12-29, 01:20 PM
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
aadrika
2011-12-31, 11:43 PM
Sure I and also many other traders have experienced the greed factor as well, though I made a personal note to learn from it. In my last trade for the year, I opened a trade and targeted more profits than usual. When it was obvious that the trade was going to go against me after getting close to my tp and reversing, I just close the trade with less profits.
blackprince4u
2012-01-01, 10:07 PM
i have lost 300$ one time since i didnt keep stop loss. i was really vexed. first it was in 100$ profit . i thought of closing when the profit was more than 50$ due to greediness and since the market got reversed i lost
Stops are the main thing that you must use in forex. Also greed is the first reason why traders get loss. In forex you must control your eotions. and do not trade when you feel like emotional or revenge after getting loss.one should develop his psyche along with his technical and fundamental abilities.
maliknas
2012-01-01, 10:46 PM
Stops are the main thing that you must use in forex. Also greed is the first reason why traders get loss. In forex you must control your eotions. and do not trade when you feel like emotional or revenge after getting loss.one should develop his psyche along with his technical and fundamental abilities.
Very well said, greed is really a very bad enemy of us and we should avoid it as much as we can. Avoiding being emotional is necessary and we have to control on our revenge too after we lose in our trades. Technical and fundamental analysis is much more supportive if we have both of them.
anubhavsingh
2012-01-02, 12:08 AM
agar aapko ye baat samjh me aa gayi hai to aapke account ke liye bahut hi acha hoga kyunki forrex me greed ki wajah se sabse zada loss hota hai traders ko..greed ek aisi chiz hai jo ki kuch hi palo me aapke account jko margin call tak la sakti hai..kayi bar tardres ko ye baat samjhne me time lag jata hai aur kayi bar tarders jaldi samjh jate hai..apke acount ke liye bahut acha hoga agar aap time se samjh jaye ki greed kis tarah aapke account ko margin call tak la sakti hai
indeed true forex is a business that has a great opportunity,my trader have only a small capital and not to be greedy,my new traders who are struggling to understand the forex and getting profit from th transaction that i do,i believe it can not be instant and requires a process.
anubhavsingh
2012-01-02, 11:54 PM
I too like my friend that stop loss should be used in every trades and we do not know what happens with us if we will do the bad trades in our systems so i think we should always use the stop in every trades.
stop loss forex ka sabse zaruri tool mana jata hai kyunki ye money management ka ek bahut hi bada hissa hota hai aur iske zariye traders apne account ko margin call se bacahte hai..forex me aise kayi mauek aate ai jab traders se galti ho jati hai jis wajah se unka account margin call tak aa jata hai lekin agfar ap stop lsos ko thik se use karenge to apke acount ke liye bahut hi faydemand rahega
dmambi
2012-01-12, 10:36 PM
Yes Greed affects a lot while trading and is the main cause for loosing money here. so we should learn to control the Greed and guide the energy in a proper way to aid the analysis and get good profitable signal to trade.
muhammadatif
2012-01-13, 12:31 AM
I think you should first your daily profit targets according to your capital and trading skills so when you achieve you targets then close your trading account and control you greed and emotions if you want to earn money from forex market.
asingh601
2012-01-13, 12:36 AM
iss bat ka pata mujhe bhi chal gaya hai ki greed bahut khatarnak hoti hai maine issi greed ke karan 50$ loss kar diya aur sath me mera account bhi nill ho gaya hai jisse mai trade bhi nahi kar sakta aab to bas post kar ke hi bonus kama raha hun
indianforex
2012-01-20, 06:48 AM
Greed is a curse in every field. So keep your emotions of greed within limit 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.
yes bro i also experience the same thing in my life.due to my over confident and greedy i lost almost 500$ in the beginning.now i realise my mistake and correct it.dont be greed it always pulls you to the extreme loss
ericnyamu
2012-01-20, 10:00 AM
i believe greed is the traders worst enemy. i have also been greedy at sometimes and the results arent that pretty . so i try to stick to my strict money management like glue and ever deviate from them greed can bring the best system in the world down to its knees and cause you uneccessary financial loss !
hindlekar
2012-01-22, 03:14 PM
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
fxquest
2012-01-22, 03:50 PM
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
Of course excessiveness of anything including greed is bad. Not closing trade even if in good profit and expecting more and more may suddenly bring the trade in losses - so always have an upper cap on your greediness.
borle
2012-01-24, 11:18 PM
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
Morshedul
2012-01-30, 04:53 PM
Yep, it is really important to trade very carefully. We are human and we have lots of greed. For that reason we lose money in our investments. Especially in forex, when we get profit, we want more. And that is the reason of getting huge loss. We should not keep trading pairs for more time. When we see that we get profit, we should close those transactions to take that profit quickly. Or else we will become a loser in forex market.
sonia
2012-02-02, 07:03 PM
greed is bad for all sorts of work we do. we should not develop such passion. i think all the trader are here loose a lot only because of it. so, beware of it guys.happy trading
powerfx
2012-02-02, 07:09 PM
Greed not bad for one time. You have to avoid for all time. For greed you can not take decision good and could not keep confident on your analytical power. Many of time you will earn. But I strongly say that one time you will loser. It not expect anyone. It may you damage in trading. So that you have to learn first and earn slow. Take experience and make plan. Take confident on your trading journal. Work confidently. Avoid greed and fear for become a good trader.
tarun2305
2012-02-03, 12:01 AM
ofcourse greed ki wajah se hi to aaj forex par sab koi loss karte hai...agr greed na ho to loss bhi kam ho lekin lalach insan ko le dubta hai...jo apke saath hua wo generally sabke sath kabhi na kabhi hua hoga
sohelforex
2012-02-03, 01:15 AM
Thank you for sharing such a great experience. We also should be alert from loosing money and greed is only responsible for that. When we realize that clearly we stop being greedy at a certain time just like you shared yours. When i trade, i don't wait for big profits because i am satisfied with small profit as well as i am a doing demo still :D
ishvara
2012-02-03, 03:11 AM
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?
I have also lost some money in my trades like 200 dollars in just a trade. This is a bad thing to happen to a trader when they are greedy. I lost that amount trying to double my account in a very short while.
nilesh
2012-02-04, 01:48 PM
The main reason for greed is that forex is always advertised in this manner that there are no limit of profits in forex trading. Although it is true but still coming in forex market with only one cause having in mind will certainly lead to more loss.
shinde
2012-02-06, 04:50 PM
Learn from your mistakes. And don't lose your heart , it you had commit a mistake then in future you will be aware of doing this. Big losses give us a lesson. Sometimes it tells us our analysis was week and sometimes also we are emotional. So try to learn from your mistakes.
taqiniazi
2012-02-07, 01:38 PM
its true and i 100% agreed that the greed affects on the trading directly on both ways Positive and Negitive. but mostly greed gave you big loss . so i advice that trade anything without greed. because small profit is very good than the big loss
arihant
2012-02-08, 06:59 PM
While doing trading we must keep in mind that we don't have to be greedy while doing trading , if we become greedy and invest again and again then we may suffer a big loss , so its better to be happy with your profit which you have earned while doing trading . Well its okay if you suffered a loss , now you have earned a experience which would help you further while doing forex trading and i know you will not gonna repeat this again as you know now the result of greediness.
nilesh
2012-02-08, 07:42 PM
I think you should first your daily profit targets according to your capital and trading skills so when you achieve you targets then close your trading account and control you greed and emotions if you want to earn money from forex market.
m3x_19
2012-02-16, 01:25 PM
Now, I realize how greed affects us.
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?
Yes, greed is one of the most causes loss to the trader, but beside greed is also fear. too afraid to opening position or to hold a position is sometimes disturb us to get more profit. So, in order to be good trader i think we must get rid of these two psychological ailment.
raja413
2012-02-18, 05:22 PM
greed is one which influence you to loss your money but you don't understand. Confidence and right money management Can control you emotion during trading.
If we confident with our strategy and the right money management just relax when the market go wrongly it’s will follow your plan either.
I too have experienced what you went through. but how much as we may not be a grudge because of loss that we get. but we made it as a lesson that we should not repeat again in the future
niteshforex
2012-02-19, 06:30 PM
The main reason for greed is that forex is always advertised in this manner that there are no limit of profits in forex trading. Although it is true but still coming in forex market with only one cause having in mind will certainly lead to more loss.
vikas
2012-02-21, 03:33 PM
लालच हमें रास्ते में बहुत बुरी तरह से प्रभावित क्योंकि लालच कारक है कि हो सकता है व्यापारियों के लिए अपने पूरे पैसे losse बनाया है सकते हैं. तो हमेशा आप व्यापार में लालच से बचने
niteshforex
2012-02-22, 01:45 PM
Yes, that is how greed affects. It is always better to stay with a little profit at a time, unless you are a swing trader. If you are a swing trader, then you can leave your trade to run for a very long time but you will need to use a very small lot size.
playfx
2012-02-22, 08:50 PM
Yes, that is how greed affects. It is always better to stay with a little profit at a time, unless you are a swing trader. If you are a swing trader, then you can leave your trade to run for a very long time but you will need to use a very small lot size.
i think for swing trader, they have a better level of handling greed. the swing trader could easily past the volatile market test and not disturb by any of this. they believe their analysisi and keep it untill the position is closed.
forexman
2012-02-22, 09:14 PM
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?
yes this happened for me so many times and to say frankly even i made profit always i have been waiting for more profits and losing all my money by thinking that i still can acheive more profits but now i raelised and we should book our profits as soon as possible
Thakur
2012-02-24, 12:21 AM
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?
You are right that greed affects us very well in our trades so we need to be careful to take our profit when we make them instead of trying to run for more and using big lot sizes. Greed can make you lost all the profit you have made in the market before.
playfx
2012-02-24, 08:47 AM
You are right that greed affects us very well in our trades so we need to be careful to take our profit when we make them instead of trying to run for more and using big lot sizes. Greed can make you lost all the profit you have made in the market before.
usually when we take the profit, we will feel exciting and wanting more, if this what happened, don't follow it. just keep your rules, as long you have fulfilled the target, stop the trading, if you still follow it, most likely you've already contaminated with greed.
kampung
2012-02-24, 09:15 AM
usually when we take the profit, we will feel exciting and wanting more, if this what happened, don't follow it. just keep your rules, as long you have fulfilled the target, stop the trading, if you still follow it, most likely you've already contaminated with greed.
that means there's still plenty of greed condition that we do in our trade and I think we should do exercises to control themselves in the circuitry of commerce us so we will get success in our trade
siddesh
2012-02-28, 05:10 PM
greed is bad for all sorts of work we do. we should not develop such passion. i think all the trader are here loose a lot only because of it. so, beware of it guys.happy trading
Abdomhadi
2012-02-29, 04:41 PM
the I agree with you I too have tried several times to control these emotions, but always fall into the same error cepandant I always be greedy can not stop it, and got the margin call several times
but I will never stop trying, I think the best to control your fear is using the money management and voila greedy no way I have not found how to control it then finally you just follow the good method.
krishan
2012-02-29, 06:09 PM
The best way to control your greed is to sit aside and think upon your efficiency till date. Just calculate the amount you have lost due to this bad habit "Greed". Now after you analyze then think upon a new concept. Try to earn just $5 per day, after a week you will have $35 and after a month you will have $140.
Now imagine what is the difference between $140 per month and Margin Call.
siddesh
2012-02-29, 07:41 PM
Learn from your mistakes. And don't lose your heart , it you had commit a mistake then in future you will be aware of doing this. Big losses give us a lesson. Sometimes it tells us our analysis was week and sometimes also we are emotional. So try to learn from your mistakes.
amrikahuja
2012-02-29, 08:28 PM
yes greed affects us a lot...so i advice to all traders that to fix stop loss every time you trade so that u will not get loss in forex trading
xiaotanghao
2012-03-03, 10:08 PM
It will never be too late for you to realize the importance of greed.We should not be so greed during we trade in forex.As we all have the experience that we lose lead by greed.So we do need to overcome the emotion during our nest trade in forex.
bambang
2012-03-04, 02:39 AM
yes sometimes this happend, but low profit is also not good because if we always take small small profit then one trade will come and that will blow our account.
in my opinion, get a little profit it does not matter, as long as you are consistent. because in this forex business is a major expectation of the trader is a consistent profit.
if we've been able to profit consistently though only slightly, we only add capital if they want to get more profit.
Greedy will give impact to every trader and from my knowledges and experiences, greedy oftenly gave bad impact than good impact.
It's almost in all conditions that your greedy will give losses. It's important to keep our emotion so we won't be greedy in any condition
in the market especially if we don't have stable emotion.
examin
2012-03-05, 01:08 AM
yes it s true greed is not good for trading because greed attract the trader for get big profit but in the end trader lose profit and capital too so we have to avoid the greed and focus on technical analysis.
ken arok
2012-03-05, 08:47 AM
discipline in trading includes trading discipline in carrying out the strategy in accordance with established rules. so having a clear analysis of time to enter the market and when to exit the market. so that all have discipline in carrying out the strategy.
raka999
2012-03-05, 11:07 AM
There are two things that hinder us in forex. The first is fear and the second is greed. if we are too afraid, when we will entering the market and earn profit. but, if it is too greedy, surely we will get loss. because we can not control the market, but we have to follow where the market moves.
joget
2012-03-05, 12:34 PM
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?
yup, greed will take (eat) some profit that you have obtained with difficulty and can even spend the equity you have. I lost the initial capital and its profits $ 40 a day after a $ 50 profit in two days, so the total loss of $ 90 in 2 hours. Therefore more difficult to maintain profit than to get, especially if greedy.
herono1
2012-03-06, 11:59 AM
Greed is very bad for trading so better to remove greed in your trading always be patience and confident when you open your new trade, the best way to eliminate the greed is learning, get more learning for improvement of your trading forex.
kamrul10
2012-03-06, 05:01 PM
aksar people loss k bad he realize karte hai.ledkin agar galti ka ehsas pehle hi hoo jata to nuksan ko avoid kiya jaa sakta tha.ledkin e bhi possible nehi.ledkin agar greed ko kabu kiya ja sakta hai to forex ma paisa kamana easy hai.
maryosa
2012-03-06, 05:16 PM
Greed is very bad for trading so better to remove greed in your trading always be patience and confident when you open your new trade, the best way to eliminate the greed is learning, get more learning for improvement of your trading forex.
Learning is not best way to eliminate greed, best way to eliminate greed is not over trade and use big lot size. Also be content and have reasonable target. Even if you learn all the books of trading, can only control greed by emotional control and have small target in trade, or have good analysis and use of small lot size if swing trader.
netra
2012-03-09, 06:30 PM
forex me jitne bhi naye tradres hote hai..sabse zada wahi loss me jate hai..unke loss me jane ke bahut erasons hote hai jinme se greed sabse bada reason hai naye traders ke loss me jane ka
greed ki wajah se traders analysis thik se nahi karte aur wahi unki galti ho jati hai
ali1011
2012-03-09, 06:36 PM
meray kehayl sy greed bohat he affective cheej hy trading me is me kabi kabi to bohat acha or experienced trader be is k jaal me phans jata hy or new trader to pehla shikar hotay hen greed ka isy control krny wala he acha or successful trader ban sakta hy.
kamrul10
2012-03-09, 09:26 PM
greed bohoot dangers and humful hai every traders k liye.agar hum greed ko trading ma kabu nehi kar paye to hum logo k liye muskil hoga trading k liye.so any how greed ko control karna parega.
twinkling star
2012-03-09, 11:39 PM
yeah I think every one knows about it, but we cannot escape from greed in trading, as it is a natural fact, but whenever we loose, we think that we will never show the greedines in future, but could not do the trade without greed, we just plan for it.
andhwrey
2012-03-10, 03:09 AM
I really hate and promise that greed can makes me changed in trades anymore,after this day,i leave big profits and wanted to more.
but i only get less 30% and it happends many times,greeds only succed for 1 of 10 trades,its same like normal trading and its more safe to trade like this
newentry
2012-03-10, 06:51 AM
emotion or greed will make blind and can not think with well and clear, the trader will ignore some rules because they want to get money with fast or they just make and take revenge, want to get back the money for their losing, and for this condition, they will and always make a careless thing..this is not good for their trading
ken arok
2012-03-10, 10:29 AM
traders should be able to control emotions, in order to discipline the rule system of trading and money management rule. discipline is the key to successful forex trading, so we must be disciplined
sachin
2012-03-10, 01:09 PM
The main reason for greed is that forex is always advertised in this manner that there are no limit of profits in forex trading. Although it is true but still coming in forex market with only one cause having in mind will certainly lead to more loss.
chetan
2012-03-10, 01:37 PM
ye bilkul sahi method hoga, agar her trader apna aik fixed target of pips rakh lay jo wo aik din may hasil karna chata ho to phir usay koi khaas preshani nae hogi or wo asaani say trade bhi ker saktay ga kisi bhi khaas pressure kay bagair.
Techno
2012-03-10, 01:44 PM
The main reason for greed is that forex is always advertised in this manner that there are no limit of profits in forex trading. Although it is true but still coming in forex market with only one cause having in mind will certainly lead to more loss.
greed in trading will not make us get a lot, as we think. instead it will trap the trader to get a defeat in every trade that was carried out. because of the feeling greedy trader just focus on making profit.
dancer
2012-03-10, 01:48 PM
greed in trading will not make us get a lot, as we think. instead it will trap the trader to get a defeat in every trade that was carried out. because of the feeling greedy trader just focus on making profit.
and because of the greed also make the trader forget about the risk on the forex trading, greedy also do not good for our trading, that is more good fro the trader if they can avoid or minimize the greed on their trading to make them can trade well in the future
netra
2012-03-10, 09:07 PM
greed is bad for all sorts of work we do. we should not develop such passion. i think all the trader are here loose a lot only because of it. so, beware of it guys.happy trading
netra
2012-03-11, 06:53 PM
Ya this is the basic mistake that many traders had done at the starting and suffer great loss.Greed can be very harmful for us.jitna profit ata hai utna lelena chaiye jyada profit ke chakkkar me hamesha loss hota hai
raka999
2012-03-11, 07:26 PM
indeed, if you indulged in, one-time profit will continue to trade up a few times, with the hope of profit will continue to grow. but, in the forex market that we can not guess. once you have the wrong steps, the losses you will surely encounter.
sachin
2012-03-11, 08:40 PM
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
tajdarbet
2012-03-12, 10:27 AM
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?
han forex main hamari sab se barri jo dushmen ha woh greed he ha kioun k main ne khud bhi es se kai dafa loss uthaya ha or ye app ka sarey ka sara account balance he blow up karwa deti ha main khud kai dafa es stage se gura houn
mbie123
2012-03-12, 10:53 AM
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
greed would make us not focus on making decisions, and that makes us lose a lot of money, we must be patient, do not even think of this business to get rich quick way, because we think like that, we would be greedy.
i am newbie and started forex before 6 month.. while trading with th big i lost all my capital.
because i want to earn more with overnight ..so i also realized the how many dangerous thing greed are?
Yes, I ever experienced simliar condition too but fortunately, I didn't lose all of my funds in a day. But I am agree with you
if it's very risky to hope high proftis in a night. It could make you greedy and then you will risk high to gain high profits. In
many conditions,
chetan
2012-03-13, 01:25 PM
i am newbie and started forex before two months...while tradin with the big lot i lost all my capital..because i want to earn more with overnight..so i also realized the how many dangerous thing greed are ??
sunil
2012-03-13, 07:08 PM
The best way to control your greed is to sit aside and think upon your efficiency till date. Just calculate the amount you have lost due to this bad habit "Greed". Now after you analyze then think upon a new concept. Try to earn just $5 per day, after a week you will have $35 and after a month you will have $140.
Now imagine what is the difference between $140 per month and Margin Call.
chirayu
2012-03-14, 12:48 PM
You are quite right dear, there are lots of things that we do when trading forex that can qualify as greed. Example is trading for more profit after closing with some profit for the day, and also using big lot sizes to open position because we want more profit. Also opening too many position at the same time can qualify as greed.
patil
2012-03-14, 04:49 PM
Yes, that is how greed affects. It is always better to stay with a little profit at a time, unless you are a swing trader. If you are a swing trader, then you can leave your trade to run for a very long time but you will need to use a very small lot size.
narendra
2012-03-14, 06:53 PM
Main apni winning trade ko kabhi bhi loose trade ya bad trade main convert naheen honay deta. Jasy hi maree trade profit main jatee hay main apan stop loss manually oopper moove karta hon aur usay loss level say ooper lga deta hoon. Mary khayal main greed hi sab say ziada nuqsaan kartee hay traders ka aur is say bachna chahiye.
aryan
2012-03-20, 01:22 PM
i've also once in that position, winning few hundred dollar but losses more than i winn. and all because i believe that i can earn more than what i've been targetting. from that time i'm only trade with spesific profit target each time i open my chart. after my target is complete, i will stop and turn of the computer.
yogesh
2012-03-21, 01:19 AM
i've also once in that position, winning few hundred dollar but losses more than i winn. and all because i believe that i can earn more than what i've been targetting. from that time i'm only trade with spesific profit target each time i open my chart. after my target is complete, i will stop and turn of the computer.
We have to take such steps because we know it is really very dififcult to control our greed or other feelings affecting our trades, actually we should teach ourself to trade with help of our mind free from emotional decisions.
ShoSho
2012-03-23, 07:47 PM
You are completely right and that's why i prefer trading by expert avisors more than manual trading as there is no never greedy in the expert advisors and it do all the rules of your strategy with 100% accuracy and by codding it well with good money management codes then any loses it will cover it in the same day.
Abdo22
2012-03-23, 08:38 PM
Very well said, because greed has effects on us of 80% in the form of fat loss so when we trying to win more than our investment we should control our greed and emotions in order to can do business in terms of negotiating for a long-time with very little investment.
adahidayat
2012-03-23, 11:01 PM
i think that most of traders will complain about greed and has problem with mainly over trading and suffer losses due to this...i always feel that if someone wants to avoid losses and do well in forex trading, then he should always follow forex rules and remove a factor of greed from trading....because it will make them to control losses and make some profit and also progress in forex trading....
anubhavsingh
2012-03-23, 11:18 PM
i think that most of traders will complain about greed and has problem with mainly over trading and suffer losses due to this...i always feel that if someone wants to avoid losses and do well in forex trading, then he should always follow forex rules and remove a factor of greed from trading....because it will make them to control losses and make some profit and also progress in forex trading....
greeed forex trader ka sabse bada dushman maani jati hai aur har trader ko greed ki wjah seb ahut zada loss hota hai
isliye traders ko ye baat bahut hi jaldi smajh jani chahaiye ki greed trading ka sabse bada dushman hai aur jitna ho skae greed se bachte hue trading karni chahaiye
kalponick
2012-03-24, 01:38 AM
I biggest amount I lost in forex in oneday was 75$.. that day I lost totally because of greed.. I overtrade even after knowing that the trend is going against me.. I was greedy as well as well as fool that day.. but this teach me something and that helping me in my trading.. now I am trading with full money management so that I dont have to face that kind of destruction again in my account..
ermaniso2011
2012-03-24, 12:44 PM
l think when we open a position we have to know the reason and when we want to quit we need reasons also.when you were making profit then you have to watch the charts very clearly.and look for the resistant or support line if you are around there.you can easily see if the market cant break them.you have to know how to read the signals.and timing is up to you not your feelings.it must be based on rules only.
anchitkole
2012-03-26, 02:39 PM
emotion or greed will make blind and can not think with well and clear, the trader will ignore some rules because they want to get money with fast or they just make and take revenge, want to get back the money for their losing, and for this condition, they will and always make a careless thing..this is not good for their trading
greed will bring its own problems and will take us on a bad trade. just started feeling like getting a big profit with little force, but the impact on floating minus, and of course, our mindset will change and even to feel desperate and just hope a miracle happens. so although it is difficult, but we can and must learn to control it.
swatjazz
2012-03-26, 06:41 PM
In forex trading everyone wants to get big profit. Some time we get small profit and continue waiting for more and more but we experience loss. In these cases we should keenly observed the current scenario and make decision before losing our profits.
norix
2012-03-26, 06:53 PM
i think that greed was natural for humans. and no one in this world life without greed. the possiblity that could we try just to reduce it. and the only way that i've tried to reduce it by always keep my self to never take any trade when there is no setup. but as long as there is setup.. no matter how frequently i taking position... it wasn't kind of greedy for me... cz i take a trade with any consideration
we must leave it for the good of themselves, because like it or not if we forget just how much we profit in a day can make us forget ourselves,
some of the idols that are making us so one is greed
Techno
2012-03-26, 08:14 PM
i tried many time to control these emotions but always fall in the same mistake
i always be greedy can't stop this and i got margin call many times
but i will never stop trying, i think the best to control your fear is using money management
most traders do not initially realize the importance of money management.
so they choose to trade with greater risk in order to earn money quickly. however, they fail even more.
Therefore, we need to realize the importance of using money management.
rakesh
2012-03-28, 12:29 PM
in my opinion, get a little profit it does not matter, as long as you are consistent. because in this forex business is a major expectation of the trader is a consistent profit.
if we've been able to profit consistently though only slightly, we only add capital if they want to get more profit.
sagar
2012-03-30, 01:01 PM
Greed is one destructive emotion and attitude posses by traders. Lucky are those who can control their greed while trading. Greed can make you trade with higher lot size and double lots. Greed can give you heavy loses and margin accounts but it is also one thing that is hard to avoid. A bit sad.
sagar
2012-03-30, 01:18 PM
We always feel regrets every time we lose our position or our trading account because of greed. But we do also rejoice if we got bigger profits because of greed. Greed can be done in a safe way. Just make sure you are responsible for whatever results it may bring to your account.
nurhidayah
2012-03-30, 01:29 PM
We always feel regrets every time we lose our position or our trading account because of greed. But we do also rejoice if we got bigger profits because of greed. Greed can be done in a safe way. Just make sure you are responsible for whatever results it may bring to your account.
our activity in the world of forex is not based on the capital we have, but rather to our implementation of the theory we've got either manually or automatically with a robot expert advisor, to be honest I prefer to learn with automated trading to avoid the greed of manual trading
kazol76
2012-03-30, 01:58 PM
most traders do not initially realize the importance of money management.
so they choose to trade with greater risk in order to earn money quickly. however, they fail even more.
Therefore, we need to realize the importance of using money management.
Yes money management and lot calculation is one of the essential things in Forex market for secure and also consistency, I trade many time and now I open two trading account and split my capital in two account then I do one account with very secure trade just taking calculation lot size in this account I am always in profit mode but when I take some risk in other account instantly this account in insecure mode cause trading rules are not followed in this account, so every traders should follow nice trading system which can bring him profit and consistency. Thanks
Techno
2012-03-30, 04:31 PM
We always feel regrets every time we lose our position or our trading account because of greed. But we do also rejoice if we got bigger profits because of greed. Greed can be done in a safe way. Just make sure you are responsible for whatever results it may bring to your account.
remorse occurs when we have lost.
when we do the trading, the trader who does not have a good psychological trading, will be easily influenced to get huge profits in a short time. greedy feelings arise and master their trade.
anitagala124
2012-03-30, 06:19 PM
There are two things that hinder us in forex. The first is fear and the second is greed. if we are too afraid, when we will entering the market and earn profit. but, if it is too greedy, surely we will get loss. because we can not control the market, but we have to follow where the market moves.
indeed, if you indulged in, one-time profit will continue to trade up a few times, with the hope of profit will continue to grow. but, in the forex market that we can not guess. once you have the wrong steps, the losses you will surely encounter.
well bri it happened to me too i lost all my 100$ ...its really frustrating when you loose 100$ in hrs.... its like earning hard money for 5-6 days and blowing it in one day
venus
2012-04-04, 12:26 PM
Greed will affect all traders in forex because it was one of some negative emotions during trading. It is impossible to remove
greed from us because it's part of our emotion but we can control our emotion so we won't be greedy in any conditions or we
can limit profit and loss so greed won't destruct our account.
Techno
2012-04-04, 12:39 PM
indeed, if you indulged in, one-time profit will continue to trade up a few times, with the hope of profit will continue to grow. but, in the forex market that we can not guess. once you have the wrong steps, the losses you will surely encounter.
in forex trading, every time we are always at risk of losing when making a transaction.
if we are not able to control the greedy nature, so it makes us do the trade over lots.
thus causing a great loss if the transaction was not properly conducted.
girish
2012-04-04, 11:30 PM
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
barkiman
2012-04-05, 10:38 AM
Greed is a very big problem, it can make a forex trader to lose every dime that they have in their trading accounts through a big margin call in their forex trades.
one way to overcome greed is the discipline. you could try to trade only once a day. whether it be profit or loss, do not add a new position again. the most important thing in a month, the ratio is still greater profits.
The best way to control your greed is to sit aside and think upon your efficiency till date. Just calculate the amount you have lost due to this bad habit "Greed". Now after you analyze then think upon a new concept. Try to earn just $5 per day, after a week you will have $35 and after a month you will have $140.
Now imagine what is the difference between $140 per month and Margin Call.
jmsblack18
2012-04-05, 11:27 PM
Greed is a very big problem, it can make a forex trader to lose every dime that they have in their trading accounts through a big margin call in their forex trades.
I think bit a greed is necessary in forex trading as long we can maintain our money right and most important is to follow the rule and first plan in our trading system. But, little greed like that is profitable when you still ride the trend. It is no matter to keep position open to get more pips if our trend not yet reverse.
yes it s true greed is not good for trading because greed attract the trader for get big profit but in the end trader lose profit and capital too so we have to avoid the greed and focus on technical analysis.
waqtitrader
2012-04-08, 07:16 AM
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?
han app apne loss ki sahi reson bata raheyho app to phr bhi experince wale they k app ne forn he apni loss ki reson ko dekh liye or maan bhi liya yahan akser aese traders ahne jo apne loss ki asal waja k barey main jantey bhi nahi ha es liye woh or mazeed loss main jatey rehtey hane main to greed ko sab se barra dushmen samghta houn forex trader ka
ritesh
2012-04-09, 04:51 PM
I think Greed will be very influential in our forex trading, so we should be able to control Greed well, so we can trade wisely.. in order to profit consistently
good luck
Very well said, because greed has effects on us of 80% in the form of fat loss so when we trying to win more than our investment we should control our greed and emotions in order to can do business in terms of negotiating for a long-time with very little investment.
dadaa
2012-04-11, 06:59 PM
greed bohoot dangers and humful hai every traders k liye.agar hum greed ko trading ma kabu nehi kar paye to hum logo k liye muskil hoga trading k liye.so any how greed ko control karna parega.
The main reason for greed is that forex is always advertised in this manner that there are no limit of profits in forex trading. Although it is true but still coming in forex market with only one cause having in mind will certainly lead to more loss.
dadaa
2012-04-14, 03:31 PM
ye bilkul sahi method hoga, agar her trader apna aik fixed target of pips rakh lay jo wo aik din may hasil karna chata ho to phir usay koi khaas preshani nae hogi or wo asaani say trade bhi ker saktay ga kisi bhi khaas pressure kay bagair.
sidhu
2012-04-15, 04:44 PM
yes it s true greed is not good for trading because greed attract the trader for get big profit but in the end trader lose profit and capital too so we have to avoid the greed and focus on technical analysis.
Greed will affect us in the way we trade. Most of the traders will want to make much money within a very short time. This may not be the case as along the way of trading a sudden change markets may happen hence loosing
rosalia
2012-04-15, 06:25 PM
Greed will affect us in the way we trade. Most of the traders will want to make much money within a very short time. This may not be the case as along the way of trading a sudden change markets may happen hence loosing
Yes, greed will happen to us when we want to get high amount of profits in short time or we want to gain profits more than our
target and our capabilities. Sometimes greed could happen because of condition in the market, if we couldn't control our emotion
well then we will break our own rules of trading.
that means there's still plenty of greed condition that we do in our trade and I think we should do exercises to control themselves in the circuitry of commerce us so we will get success in our trade
Desire to have more is always addictive. This may lead to profits at first but with increased trading this may lead to losses,even if you try avoid this behaviour it may be hard and a series of losses may stream
sumonmia0526
2012-04-17, 01:28 AM
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?
after facing this kind of problem the mental pressure increase more and more ..for avoiding this u must have to look at analysis after u opened and then u have to find out the position will recover or not if u found that recovering is not possible then lock that trade instantly .don;t be upset we all faced similar situation everyday .
ishvara
2012-04-17, 02:44 AM
You are lucky that you have realized that in your forex currency trades are marred by losses through greed. We must control our greed at all times any time that we are trading the forex currency trading markets.
ken arok
2012-04-17, 09:35 AM
Every Trader doesn't want to be bother if they are trading. Those things are my observations based on what I feel when I am trading. Not Even just you gained the best pips on that day and even though you earned good profit on the day. I don't know if I will feel the happiness. I don't feel trading is FUN. For sure you know it. "You need to be serious on trading NOT everytime but most of the time."
Morshedul
2012-04-17, 11:10 AM
I realize it also. Greed is the main enemy in forex for us. Every time when i see some profits in forex trading, i think that it will increase more. But unfortunately it declines and i fails to achieve good profits. If i have no greed, then i will probably earn alot of profits. So it affects alot in forex trading.
toptrader43
2012-04-17, 11:21 AM
Greed is a curse in every field. So maintain the thoughts of greed within maximum as well as do not permit them to escape of limit. Any ways it is sad to hear that you lost your priceless funds. However it is good that your particular have understood your own error and additionally will likely not do that mistake.
insta1988
2012-04-17, 09:51 PM
Main jab trade kar raha hota hon to hamesha aisa hi hota hai jab mujhay 5 $ profit mill raha hota hai to meray mind main yeh aata hai k main apni position market say nikal doun phir meray mind main yeh b aata hai k nahi jab mujhay 10$ milain gye to main tab nikaloun ga yeh greed mujhay uss waqt relaiz hoti hai k mujhay aisay nahi karna chahiye.
dineshji
2012-04-18, 12:12 PM
think when we open a position we have to know the reason and when we want to quit we need reasons also.when you were making profit then you have to watch the charts very clearly.and look for the resistant or support line if you are around there.you can easily see if the market cant break them.you have to know how to read the signals.and timing is up to you not your feelings.it must be based on rules only.
in my view greed is too harmful in forex trading. but i see many time people repeat same mistake again and again.
i also repeat but i always change my stop loss.
when i do greed i change my stop loss as trade open price.
sunil
2012-04-20, 02:35 PM
For a individual trader its very difficult to overcome greed becasue its a diffcults when you are seeing market actions in front of you. So for this practice trader should start from the cent account and after hands on greed he may enter into standard real account.
netra
2012-04-20, 02:42 PM
Some times this happen becaue traders wnat to earn with the same speed in the same tredn wthout considering the strength of the trend but we can overcome it if make ourself stick with general trading rules like i always enter in the trend at initial stage but some time my emotions compell me to do some thing rong like i exit from a profitable trade and enter the next trade at the same point without realizing the real condition of trend. That cause loss to mae many times.
sunil
2012-04-21, 12:57 PM
facing a margin call or a big loss is a very good lesson for the forex aspirants, it brings him/her back to reality from his/her dreams. forex is a serious business and one should treat it seriously, its no child's game. one cant get what he/she wants (profit) all the time, so one should be well prepared to get some losses and try to limit it, if he has to make profits
sunil
2012-04-21, 01:06 PM
every trader face losses, since its a part of this business, the important thing here is to bear in mind the situations that leads to the loss and try to develop a plan to deal when those situations comes again.
mhchomsi
2012-04-21, 01:44 PM
in my view greed is too harmful in forex trading. but i see many time people repeat same mistake again and again.
i also repeat but i always change my stop loss.
when i do greed i change my stop loss as trade open price.
It would be very dangerous if the price does not favor you, it is very dangerous at all my friend .... if greed is always following us better turn off the computer and go walk the path of fresh air. Waiving forex trading to calm our souls ....
maurya
2012-04-25, 01:14 PM
we must leave it for the good of themselves, because like it or not if we forget just how much we profit in a day can make us forget ourselves,
some of the idols that are making us so one is greed
netra
2012-04-25, 11:37 PM
Greed is the worst enemy of a trader in forex and leads to huge losses and trader should control it by using proper money management and place take profits to their trades if they find it difficult to exit their trades at right levels and also trade in small lot sizes .
darksaimon
2012-04-26, 03:07 AM
greed is a blaspheme in every tract. So make your emotions of covetousness within boundary and do not let them to get out of ministry. Any slipway it is sad to see that you irrecoverable your loved money but it is superior that your individual realized your fault and module not do that misstatement again.
netra
2012-04-26, 02:19 PM
Learning is not best way to eliminate greed, best way to eliminate greed is not over trade and use big lot size. Also be content and have reasonable target. Even if you learn all the books of trading, can only control greed by emotional control and have small target in trade, or have good analysis and use of small lot size if swing trader.
Greed is very dangerous we have to go for the trading with control on our greed also we have to go for the patience and so that we can do our best here.We have to follow the news and win here.
Ronak
2012-04-26, 04:39 PM
every one want to earn more but greed arise when we want more than what we have ..in forex sometime we dont take a present profit and after waiting some time market go to wrong directon and its eat our profit..so to avoid such situation we have to control our greed and also we shud satiesfied our self with what we have
barkiman
2012-04-26, 08:37 PM
every one want to earn more but greed arise when we want more than what we have ..in forex sometime we dont take a present profit and after waiting some time market go to wrong directon and its eat our profit..so to avoid such situation we have to control our greed and also we shud satiesfied our self with what we have
you are right, in forex, you can not suppose. when you've got 20 pips profit, in your mind come an understanding that prices will still continue to profit 30 pips, then the position you hold. but, within a few minutes, it changes direction, you can only silence when your profit is reduced rapidly, and eventually turn red. is a result of your greed. if you immediately take profit 20 pips without thinking long, then it is definitely profit are included in your pocket.
sachin
2012-04-26, 10:26 PM
right forex is good business and prospects but need to seriously because it is very complicated. much to learn and do not despair, keep learning, especially from the experience of past mistakes..
Forexboy
2012-04-27, 01:06 PM
After negotiating for several months and blowing my account number and time especially when all my lost trades were winning most of the time I realize that greed is the worst enemy of a trader and it's hard to control, always use to take profits on its business and book profits on the basis of your study and analysis before opening a business.
netra
2012-04-27, 02:06 PM
Greediness can be lethal during the trading market as its having no end and people have to control this with patience and understanding ,otherwise your trading account may get vanished within a span of time.One have to control this emotions to trade in the market and thus could overcome many problems in the market.
Nabi Ahmed Gill
2012-04-27, 02:12 PM
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?
yahi to bat ha haum apna emotion ko control nahi karta han or apna balance ko kho data han es laya hum achi tradig nahi kar satka han ya boht dafa hota ha balaka her member kabi na kabi apna account kho data han why bahi ap margin call ko kasa nazir andaz kar sakta ho mauja aj tak ya bat samaj nai ayee.
ishvara
2012-04-27, 02:56 PM
Greed affects us in a way that is scary. It makes us to want more money in our trading accounts and this prompts a very high risk trading. This high risks leads to high losses in events of margin calls.
biouscope
2012-05-07, 08:57 AM
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?
yes i also face situation like this. dont upset urself i had bigger loss then u. so u are no alone in this situation. i think every newbie has facwe tis situation due to lack of experience. losses in early career is better to learn the forex trading.
I know that there are a lot of traders get loss in trading forex market, because they are too greedy, they don't know how to control emotion. So traders should learn how to control emotion first, this part is very important in trading forex market.
I am agree if controlling emotion is hard thing to do but it's important thing too because many traders who made bad decision because they
are too emotional to follow condition in the market without making good analysis first. And many traders who broke the rules because they
want to gain high profits in short time. Greed usually caused big losses in short time so it's important to have stable emotion.
mmassi
2012-05-12, 02:16 AM
Yes I agree with you my brother does not fear much effect on our business and I am still not satisfied with the results I got, I always try to get more without realizing how I may face, I always wanted to get more profits and sometimes I want to be rich overnight, that's what I want but it is not easy enough to do that.
warnisw
2012-05-12, 05:18 AM
yesterday i sold usdjpy on 80.00 i set tp to 79.75, than before i went to slepp, i tough i can make more, and set tp to 72, in next morning i wake up and notice that price bounced ON 73! and i was really like, OMG!why i did that! many times when we are in loss we wont close trade, but when we are in profits emotions will push us to close(depends on trader) or put bigger tp
Nganti
2012-05-12, 06:14 AM
right forex is good business and prospects but need to seriously because it is very complicated. much to learn and do not despair, keep learning, especially from the experience of past mistakes..
yes forex very high of risk in market of money. so if we greed in our trading will be sure that our account will find to margin call, greed is so danger when we will make open posisition in forex market. we must control our greed and must follow to our forex trading system and our money management.
seahawks90
2012-05-12, 03:51 PM
actually every trader have the same story here dear because most of us have lost our capital soo many times by just becoming greedy
so i must say that its good to avoid it otherwise you will loose again in this field.
julianambas
2012-05-12, 04:27 PM
actually every trader have the same story here dear because most of us have lost our capital soo many times by just becoming greedy
so i must say that its good to avoid it otherwise you will loose again in this field.
greed is good if we can control it but it would be a sharp knife into the heart of who we are when we mastered.
the wild greed it is very dangerous
forex@meta4
2012-05-12, 05:36 PM
I have tried many time to control these emotions but always fall in the same mistake. I always be greedy can't stop this and i got margin call many times. But i will never stop trying, i think the best to control your fear is using money management.
tashnotashi
2012-05-12, 05:54 PM
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?
han forex trading main jo sab se barra dushman ha na hamra woh ha greed kioun k main bhi es main kafi loss main gaya houn greed ki waja se es liye ham ko gee ko control kar k he t rading karni chiye tab ja k ham ko es main profit ho ga
najaf12345
2012-05-12, 08:00 PM
HI
That is it that remind my first trade, i deposit hundred dollar in my account. and i think the market should go the way but unfortunately , some new released, market
gone against my position i lost all my money in several minutes.
hitesh
2012-05-24, 11:11 AM
every one want to earn more but greed arise when we want more than what we have ..in forex sometime we dont take a present profit and after waiting some time market go to wrong directon and its eat our profit..so to avoid such situation we have to control our greed and also we shud satiesfied our self with what we have
It's not easy to control greed in forex but it's possible to be done when you had good trading plan. If you could follow
your trading plan well, so you control your greed in forex. You won't be greedy if you have setted SL and TP in every
transaction which you made.
===>>Yes,, our greed is 100% effects on us in the shape of big loss when we try to earn more than our investment so if we control our greed and emotions we can do trading business in long terms with very little investment.
anton
2012-05-24, 02:45 PM
I realized long time ago how greed can destroy our good profit in forex. I realized how hard it is to lose your account and you have no more account to use in trading. Greed affects our confidence and send our account to margin call. It is better to stay away from greed.
indeed be greedy nature of the trader, the trader is because in itself is promising us a huge profit and so easy to get the beginner already were thinking when in the trading business is a very good place to look for a lot of money, without them realizing that there is great risk in forex trading business.
boniez
2012-05-24, 03:39 PM
if you're already aware of ignorance when using the greedy so now try to act more positively, I mean, do like what has been duly carried out by successful traders, because only in that way then you can generate consistent profits will be.
hamadmuneer
2012-05-24, 04:22 PM
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?
:)mere sath bohat dafa aisa hua hai abhi recently main ne 150 dollar ka loss karwaya hai pata nahi samjh nahi ati itni koshish ke bad be hum greed pe qabu nahi pa saky ager app ke pass koi idea hai to ap batain
silenteyes
2012-05-24, 05:33 PM
It is great when we know that greed can kill us in forex trading. On the other hand, it is almost impossible to avoid greed when we start hitting some profitable trades. We will be thinking that, I can make more profit by trading with high lot size.
didikebenaran
2012-05-24, 06:54 PM
I realized long time ago how greed can destroy our good profit in forex. I realized how hard it is to lose your account and you have no more account to use in trading. Greed affects our confidence and send our account to margin call. It is better to stay away from greed.
yeah this is a good start for us if you are already aware of greed would make us lose in the trade and with our next trade we will be more careful in our trade
spread
2012-05-24, 06:58 PM
Now, I realize how greed affects us.
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 trader
i'm so sorry about it...loss of $ 220 in one night is bad, I think you do not have good account management and can not control emotions well so has resulted in loss. I recommend that not to trying make big profits from small investments
najaf12345
2012-05-24, 08:53 PM
Hi
I and also many other traders have experienced the greed factor as well, though i made a personal note to learn from it. In my last trade for the year, i opened
a trade and targeted more profits thatn usual. when it was obvious that the trade was going to go against me after getting close
to my target poing and reversing i just close the trade with less profit.
Bankmen
2012-05-24, 09:36 PM
Greed is presented in every moment in human but some of us can control it some one not. using some skills during trading forex can be avoided and made for future trading in something better as taking profit on good rate.
rahulsagar
2012-05-25, 01:12 AM
we must leave it for the good of themselves, because like it or not if we forget just how much we profit in a day can make us forget ourselves,
some of the idols that are making us so one is greed
ikram9876
2012-05-25, 02:00 AM
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?
hahaha greed ke waja se tu zyada trader loss karty hain yaha per emotion ko control keya karo main ne be staring main greed ke waja se buhot loss keye hain leken ab greed nahi karta kafi profit karta ho
omofx
2012-05-25, 02:08 AM
yes greed is in our nature we are human but how do you over come it,, you can only overcome it with a good trade plan and being disciplined that is the only way
place
2012-05-25, 02:13 AM
greed is useful for us.no one can avoid this things and no one can avoid this true statement.but one more true is,professional and good traders will never try greedy ,will control their self for trading.
takeprofit
2012-05-25, 12:01 PM
greed is the enemy of the human self in forex trading, traders should avoid greed to be successful at forex, usually if it is profitable, then want to open a new transaction, which is ultimately a greater loss of profit previously. I use a trading plan, to avoid this greed.
3mala
2012-05-27, 02:06 AM
in my view greed is too harmful in forex trading. but i see many time people repeat same mistake again and again.
i also repeat but i always change my stop loss.
when i do greed i change my stop loss as trade open price.
rathod
2012-05-27, 03:40 PM
greeed forex trader ka sabse bada dushman maani jati hai aur har trader ko greed ki wjah seb ahut zada loss hota hai
isliye traders ko ye baat bahut hi jaldi smajh jani chahaiye ki greed trading ka sabse bada dushman hai aur jitna ho skae greed se bachte hue trading karni chahaiye
manibhai2012
2012-05-27, 04:23 PM
I am agreed with you that Greed affect us a lot and as we all knows that greed is one of those bad habits which leads to the lose in the Forex market so try to give good amount of respect to the rules of the risk and the money management. It will helps us to decrease the ratio of lose.
ahmedi
2012-05-27, 04:40 PM
Basic knowledge will give you idea and techniques through which you will trade and make your profits. If you have no idea and skill about trading then how you can start your work?. Forex trading is not a way to make us rich, Time needed to study the science of Forex trading.
As long as it's not over confident is good. Trading without stop loss is a proof of over confident and most of them lossing their money. Maybe without stop loss sometime they will get profit but sometime they will get margin call.
sitiz
2012-05-27, 05:56 PM
in my view greed is too harmful in forex trading. but i see many time people repeat same mistake again and again.
i also repeat but i always change my stop loss.
when i do greed i change my stop loss as trade open price.
True, all the greedy traders realized that it could lead to lose and strange events recurring continuously even I also felt it and I think this is our challenge as a trader to be able to reduce the greedy nature of this slowly until it was able to generate profit without the greedy
rathod
2012-05-29, 06:09 PM
mujhey kushi is baat ki hay ke aapko aake greed ehsas huwa hay.kyo ki jada tar hum aapne greed ko hi control ne karnepar hi trade main lose hoti hay.Hum har waqt yaha bare lot ki sochte hay aur lose karte hay.
purohit
2012-05-29, 09:49 PM
ye bilkul sahi method hoga, agar her trader apna aik fixed target of pips rakh lay jo wo aik din may hasil karna chata ho to phir usay koi khaas preshani nae hogi or wo asaani say trade bhi ker saktay ga kisi bhi khaas pressure kay bagair.
shemozz
2012-05-29, 09:56 PM
Do not be sad ... You would have to compensate this loss soon .. The first rule that must be learn trader to controls is how emotions during trading .... The best way to control the greed is out of the market when they access the specified range .. And stay out of the market for several hours so that he can control the greed
mojan
2012-05-29, 10:59 PM
when trading you have to put your ambicious mind away and forcus on making profits that right moment else you will have to learn your leason the hard way since you will have made huge losses at one time ,you can't afford to loss the forex rigthm of life becouse its so enjoyable.
brutu
2012-05-30, 02:36 AM
When faced with huge losses and margin calls, but a very good lesson for foreign applicants, he brought back his / her dream with the reality of his / her. Foreign exchange is a serious business, one seriously, you should treat the game without it for his son. A profit, hoping all the time, so it If it is necessary to increase profits, loss of a few people will, and you try to restrict him / her is what you get should also be ready to be
In forex, don't have mind to gain high profits in short time because it's very bad to your emotion and it will be high pressure
to your mind if you became traders like that. If you want to gain high amount of profits instantly so you will become greedy and
it could cause big losses in short time too.
greed can affect us in very badly way because greed is the factor that made may traders to losse their whole money. so always avoid greed in you trading
rahimlakhany
2012-05-31, 02:27 AM
Yes dear greed is the biggest reason for people losing everything sometimes their home,families and everything they love in life money will always be there but the time will not comeback so its better to enjoy with your family till you can.
ahmedi
2012-05-31, 04:26 AM
when trading you have to put your ambicious mind away and forcus on making profits that right moment else you will have to learn your leason the hard way since you will have made huge losses at one time ,you can't afford to loss the forex rigthm of life becouse its so enjoyable.
some people say that forex is an easy way to earn money and some people say that forex is hard...and i have some experience from this moment, sometimes, it is easy and i felt like a hero of the day and sometimes it made me bad, all is depends to us, how we make it...so easy come and easy go
yogesh
2012-05-31, 01:12 PM
"Der Ayad Durust Ayad" though whenever we understand that greed is not good for trading is good, but the earlier we understand the more trades we can save being affected by the greed.
purohit
2012-05-31, 03:42 PM
meray kehayl sy greed bohat he affective cheej hy trading me is me kabi kabi to bohat acha or experienced trader be is k jaal me phans jata hy or new trader to pehla shikar hotay hen greed ka isy control krny wala he acha or successful trader ban sakta hy.
BDforex
2012-05-31, 05:25 PM
If we fix a daily target and when it fill up we should stop to trade for that day and start to trade again next day. We must be patient, control our emotion and avoid our greedy nature. Other wise we can be lose our money.
silenteyes
2012-05-31, 05:38 PM
It is good to fix a daily target but if your daily target is not hit you must not over trade to make it happen. There are times in the market when it is uncertain and we are not finding a clear entry point so it is better to stay away.
every one want to earn more but greed arise when we want more than what we have ..in forex sometime we dont take a present profit and after waiting some time market go to wrong directon and its eat our profit..so to avoid such situation we have to control our greed and also we shud satiesfied our self with what we have
The Queen
2012-06-06, 01:29 PM
I admit also that in order to control the emotions are not an easy task but if we continue to practice in the trade then potentially we could do us a good trade will always exist and we must try to control these emotions in the trade remedy is not greedy,,, over trade and have trade with it then you will easily lose even a margin call
nurivasyarifah
2012-06-06, 01:29 PM
greed is also can make the big effect on the forex market, because of the greed make the trader want to got more and more of the money again, and because of the greed can let us use the high lot and high risk in here
finished in stone that if all things, I repeat and emphasize that if everything is accompanied by a sense of greed then all would be meaningless because of the greed of those who do not belong to just think positive,, no results for greed but regret ...
so also in forex, there is no dictionary "greedy" in it, but if this is still being done in getting the results that affect the sense of our emotions, if you do not believe it try it yourself
venus
2012-06-09, 09:35 AM
Greed will affect our transaction because it will cause losses if you couldn't control emotion well especially when you feel greedy.
It will cause big losses if you're overconfident and you're greedy to gain high amount of profits in short time with risking high
amount of dollars too.
faria
2012-06-09, 11:07 AM
of course often this kind of occured, although minimal profit is additionally not good because if we generally consider smaller profit then one buy and sell arrive understanding that will blow our own consideration.
The Queen
2012-06-09, 11:17 AM
disciplined in my trading rules will make sure we will be better in this trade because I believe greed is very necessary to keep us in this trade so as not to disturb us in every time the trade because I'm sure greed will greatly facilitate our finding lost in this trade and this must then be overcome by discipline
Adnan
2012-06-09, 12:23 PM
yes this happens with everyone but gain and lose is what matter here. sometimes you get a lot and sometimes you loose too much. instead of this if you become patient and wait for the right time to come then you will become more successful. here you have to kill your greed and even then you will get benefit.
hello927
2012-06-10, 12:42 AM
One can reaalize greed only if he has lost some profit in greed. Better to take profit when you realize that it is enough for the specific term. It is human natute that he wants to take more and more profit but experience can control the greed.
abdullahmuslim
2012-06-12, 09:55 PM
One can reaalize greed only if he has lost some profit in greed. Better to take profit when you realize that it is enough for the specific term. It is human natute that he wants to take more and more profit but experience can control the greed.
indeed greed can make our common enemy and we need to do when the war against greed, I've had enough of this nature due to properties like this every day I always get so many losses
dharampal
2012-06-13, 04:48 AM
every trader face loss in hie trade and mostly due to greed.i also face same problem like i am put many order for big profit so small profit is showing to me but don't like small profit so i decide for big profit for fast earning and that decision for me is very bad and i loss may all money.
abdul hamid p
2012-06-13, 04:54 AM
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?
absolutly true my friend. usually our loss and our bad decision due to our greed. when i feel greed i will away from my computer and try to thinkin about new plan
fauzibowo
2012-06-13, 07:10 AM
absolutly true my friend. usually our loss and our bad decision due to our greed. when i feel greed i will away from my computer and try to thinkin about new plan
indeed greed is the cause of the destruction of the majority of traders, I also feel alone if greed is the enemy for me, but I think greed is reasonable because it is human nature, and I think if we already know the techniques of good trading, we also will not be greedy .
Forex
2012-06-13, 08:01 AM
greed is the least preferred by the forex market, I am convinced and sure who is greedy, sooner or later it will experience a huge loss even to the margin call. but it is very difficult to be avoided by most traders, one way to avoid greed is using the trading plan.
kiran
2012-06-19, 01:26 AM
Greed is very bad for trader if trader dont control then trader some time face lose. I also face this kind of problem when i lose my account for greed then is also realize trader should be careful. Greed can badly harm traders account.
aisya
2012-06-19, 04:36 AM
greed is the least preferred by the forex market, I am convinced and sure who is greedy, sooner or later it will experience a huge loss even to the margin call. but it is very difficult to be avoided by most traders, one way to avoid greed is using the trading plan.
you are right, every human being is innately greedy just have a different measure, which looks greedy is actually seen as uncontrollable and eventually cause the opposite effect of purpose, a trader who wants to quickly get as many will end up losing money when he came out of a good rule because it's trading trading plan is in need to control it
well what do you inform about the newbies trading mostly like it when it gets hit traders always want to get more and it happened because it oelh loss plan in mind that it is a profit should be stopped and turned off his computer let his hands do not itch
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