and when they think about the huge profits they will forget the great risk that they will encounter in any trade covered by them because of the greedQuote:
Originally Posted by pinpin
and when they think about the huge profits they will forget the great risk that they will encounter in any trade covered by them because of the greedQuote:
Originally Posted by pinpin
I agree with you,Quote:
Originally Posted by alwi
thing that often happens is that traders often too sure of his analysis,
when in fact that is certain, we never know where prices will move.
so, my advice is always use the SL, although you are very confident in your analysis.
brother mostly big traders used to play for big profit and most of them are well experienced. Hence there are more chances of profit then loss..
Experienced traders know hot to handle greed and thats why they are successful traders
hard indeed to overcome this greed, but we should still try to pursue our future success and the good of all countries to tackle unemploymentQuote:
Originally Posted by anubhavsingh
yeah agree its a bit difficult at first to control greed, but if we stick to our strategy i think it wont be that difficult. the problem is we tend to break or go against our strategy quite oftenQuote:
Originally Posted by dead
greed is a very big problem. I am still in this problem. main isko ignore hi nehi kar paa raha hoon. bhai greed ko bandh rakhne ka koi dawa hei?Quote:
Originally Posted by mayengbam
par agar sab thik raha to forex dusre online business ko develop karneme help karega.
possible to make good money management we can avoid the greed and be disciplined in tradingQuote:
Originally Posted by soumen
with MM we can determine what% of our equity targets and we be at risk in the trading
This could also avoid over-trading
i think that you didnt want to close your positions after even getting a good profit and suddenly the market moves in the opposite direction and you lose your profit and position as well. right? if its the case i think using trailing stop is a good way to atleast get some profits from your winning tradesQuote:
Originally Posted by soumen
it needs to be greedy in this business. so do not be omitted.
actually the most effective way to generate profits is to do averanging profit.
but many are afraid to do so, it should at such times is needed.
yes using stop loss is the key to minimize the loses and we cant make profit untill and unless we learn to minimize our loses because all the profit that we make will be gone in one single loss position.Quote:
Originally Posted by arjun