greed is a common problem to most new traders and most do not realize it until it is too late and they have made many loses. We must have control when trading and it helps us be patient too.
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greed is a common problem to most new traders and most do not realize it until it is too late and they have made many loses. We must have control when trading and it helps us be patient too.
it will become an expensive lesson for you that you have bought by your loses, and you must learn it , and me too, i ever got the same problem and it happened for my first months, because i wanted to get more and more again after i could made withdraw for the first time
Greed affect trader in bad way as greed cause loss for trader. When trader make trading with big lot size then greed make it happen. When trade make trade for big target then greed cause it. In the two occasion trade can reverse and give loss to trader without trader making profit from trade.
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.
Well,i will not say that i realize what the thread starter is really saying, the fact is still that greed is bad when you over doing it and over trade, this is a thing of the emotion and the likes.
Basically the nature of greedy traders will realize a loss if it has been quite a lot. Many traders are complacent with the profits without considering the risk to be faced.
And now I realize that the key is what matters... think that bretton woods accord was to give US ( as induvidials ) the power to affect the world..
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.
---------- Post added at 08:39 PM ---------- Previous post was at 04:18 PM ----------
Consciousness is always coming up behind the day. How far we are trading with a blind passion. That we can end is a sad account. This is a lesson for us all, a good strategy is only a tool, but we must always be in a stable psychological condition, regardless
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.
Doing trading for several months and blowing my account confine of nowadays and specially when all my preoccupied trades were winning trades most of the present i harmonise that greed is the trounce opponent of a trader and to moderate it one staleness ever use tolerate profits to his trades and collection profits as based on your acquisition and analysis.