possible meanings of the title of this thread is that we should not be overly rely on hunting for profit and greed emotions are often difficult to control for beginners, as this could cause a loss, it is always better exercise analysis
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possible meanings of the title of this thread is that we should not be overly rely on hunting for profit and greed emotions are often difficult to control for beginners, as this could cause a loss, it is always better exercise analysis
the beginners must possess some knowledge and experience if they want to rush in this tarde.it can only be achieved by experience that will take time.try to seek experience in the first place rather to make money.
if you are a new trader try to learn more and more from experienced traders or demo accounts or forex sites. do not be greedy to earn money. you can earn more money if you have knowledge you can earn money easily. to get knowledge you need to practice more on demo account.
i agree that for anew person do not try to make more profit because greedy take him toward the lose side terefore avoid the greedy
i advice to beginners ,in start go for learning not for earning .if you go to earning you must have a big chances of loss ,please take proper knowledge about trading then go for earning.
i think it is so and most good for a newbie it is maintaining a capital loss because to succeed i forex then we must give priority to keep the capital in the past so if we been able to retain capital then the profits will follow us.
To become rich overnight, some new traders do a lot of trades to earn profit quickly. They place several orders without analyzing market trend. This thing make them loser when market goes against them. So, This thing must be avoided to get success in forex trading.
Yes news traders you must always take this advise in your consideration.Greed must be avoided in forex specially for those who don't have enough experience and talent.Just focus in your plan and don't ask for too much.Forex is not that easy and don't forgive mistakes.
We mostly the new traders ignore the small profit and try to get big profit which lead us towards over trading and this over trading leads us towards loss and in this case we mostly loss our whole capital from the forex.
You have every reason not attempt beginners, more profit they need to use stop loss and take profit. Yes, I agree with you, there is a race for a lot of operations without an analysis without having to pack and not good, and then quickly lost. to care for you and keep your business.