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I also lost my whole capital Yesterday that was 60.40$, I was also lost my capital due to my greed, I wants to increase my profit as one stage my trading was profit and I think that my profit will increase but market go against me and lost my whole capital. I have learn from my mistake and I will never trade with greedy mind and will rely on minimum profit.Quote:
Originally Posted by Jazpa
Forex me greed bahut bri cheej hoti hai humen es se bach kar trading karna chahiye aur jab humen profit mil jati hai to humen jyada profit ke liye risk nahi lena chahiye, humen apne loss ko control karne ke liye apne greed ko control karna chahiye.
greed is the thing that makes individuals need an increasing amount. It is ravenousness that urges you to advance and continue working and sparing. Also over the long haul it is covetousness as unreasonable craving to have cash that attracts most dealers to the coin market.
bai saab ji forex mai jo people greedy hote hai wo es kam mai acha kama nai sakte hai es kam mai hume profit displine se kam karne par milta hai es layi hume es kam mai hard work karni chahi aa tabi hum es kam mai achi trading kar sakte hai bai saab ji
My friend I think we all need to understand that Greed and fear affects our trade very much and we should not trade on the basis of emotions and we need to trade according to the trend and should maintain the money management always.
I lost 1300$ onec on gold.I entered on running canldle as it already went 150 pips down on 1 hour chart in 2 min i hoped for retracement from the nearest support and intered on that point as much as i could sell It continued and never came back and i got margin call.It was greed i know we should never trade on running candle.I did same mistake 3 times and loset more.
Sab realize kar lete hain kiu ke unhe pata ni hota laikin jab wo trade karte to waqt ke saath unhe khud andaza hojata hai ke greed theek cheez ni hai aur use aap ko ni karna hchaye
Dear mere sath bhi aik dafa aisa hi hua tha k mein ne GBP/USD pe aik trade oon ki thi aur mujhe kuchh dare k baad hi 41USD ka profit ho gia mgr mein ne apna order close na kia aur further profit k chaker mein 119 USD ka loss ker wa dia aur mujhe taab hi pata chal gia tha k greed hamaray lye kitni dangerous hai.
Greed is not good in the forex market because it make trader to lose all the money they have in the forex market trading business. forex market trading is for those that understand that money management is part of the business
It's a good thing that a trader should realize what his mistakes can cause ; greed is a popular mistake in the forex as in the whole life ,it always leads only to loss ,and a good trader is who learn from his mistakes and also from the mistakes of the others .