Yourself Is The Real Enemy.

our enemy is ourselves is true because we will always be conflict between the analysis that we do with the ego that we have so it will show emotion in the self that could affect the analysis carried out if we are able to control emotions allows us to be able to survive in this forex business.

as a tradesman there must be a view of even loss in the business and at that time there needs patience . as there are good days in the life then there are always good days in the future and hope is the precious tool for success.

This is you who analyzed that trade.. it is you who took that trade.. so how could you blame others for your loss? If we cant improve ourselves.. tame the demon inside us that always wants big profit.. until then we will keep losing.. You need to increase the hunger for learning and also need to free yourself from your demons that can affect your trading..

ha hum khudhi apne dushman hai kyuki humare galtiyoke vajase hi humko loss hota hai . hum khud jimmedarise se trading nai karte . hume khud ko puri traha trading me dhalna chaiye tabi hum log ache trader ban sakte

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Originally Posted by playfx

it's true, starting with just small lot can reduce the pressure we had. sometimes the real problem start from this point. we can maintain our emotions to hold up a little bit when we see an opportunity. but we seem to forget that the condition could vanish in the blink of the eye, and when that happened, the big lot we put on the open position soon will become a disaster.

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i agree with you. situation can and they do change pretty quick especially if we are trading intra-day because the price fluctuation is crucial for intra-day strategies.
probably it's best to trade using mid to long term if the trader is easily stressed with intra-day's price fluctuation.
or even better, try to master ourselves because by doing this we will be able to take on the market and make more profit weekly.

Han bilkul theek bola yar zada tar humare hi galti ki waja se hum itne muskil mai parh jate hain dear you are right greed is what make us our own enemy if we earn 50-60$ a day we want 100$ if we earn 100$ a day we want 150$ so the greed really never ends it really does not matter how much we earn we will always end up asking for more and more.

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Originally Posted by SAMIYA NOOR NOVA

In fact greed is the main enemy of forex.everyone who have minimum knowledge in forex trading can less or more profit but if greed comes there no one can get profit because he wants more and more but trading does not such ability to give him. So, if anyone wants to do good in trading he should have to save himself from greed that is the main thing for success.

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greed usually arise when someone who might beginner, when it gets a profit which might large enough to spur him to repeat or even get more profit. but they do not realize and learn, that the market does not always unfriendly and difficult to predict. it did not cover the possibility of us and some Trader, if we could not to control emotional factors and balance

If over-dependence on trade makes us also suffer losses due to the killing of our own. Often after the first winning trades us feel like a winning trader and place of greater mass and lose money. More confidence should be avoided, while trading.

I totally agree. Because the most difficult think is to control emotions. How much we try our it is really difficult to control the emotions. Greed is the most difficult thing to control.

is a factor supporting our ambition to get ahead. but if the ambition is excessive then it will make trouble for us. the addition of me as a new user