Greed always bad for anyone in the case of his job sector or business or any other sector. Forex is a difficult business and it has a great importance. Every one should collect experience and to be prepared him for trading without greed.
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Greed always bad for anyone in the case of his job sector or business or any other sector. Forex is a difficult business and it has a great importance. Every one should collect experience and to be prepared him for trading without greed.
Undoubtedly we can tell that greed is harmful for all business. In forex market greed can be a destructive factor. It can destroy our dream. Maximum traders loss their capital only for their greedy mentality.Quote:
Originally Posted by Jazpa
As I know we need have good pschology trading if we want to survive longer and stay making good profits, thats why we can't be greedy in our trades, because that will affect our trading results in bad way :(
The major way that greed affects us is by the times we do not know that we are increasing our lot size for the sake of making more money. Huge profits is good, but we should achieve it by having a big account balance to carry our lot size.
Me too, I just realized when I got margin call oftenly when I was starting join forex trading, I feel so greedy to gain as much money as I can. But what happen is I blow up my trading account just in 2 days :D
Believe it or not, greed is in every human's blood. And really this is one thing we need to put under subjection even before we start trading bt all. I have long buried my greed after losing big. Now I trade with proper analysis and great patience.
it does very well at all, sir, if we are too greedy in the forex world then we will get ruin it very quickly, but if we can be patient and always waiting for the right moment in the trade it would be even better
Greed aik bohot attractive cheez hay jo humain bohot easily trap kar latee hay, aik trader jis nain barry profits earn kiye hoon us ka greed say peecha churana mushkil ho jata hay, agar aap barry profits ka khyaal dil say nikaal dain to greed say peecha churaya ja sakta hay.
greed is the biggest enemy to all the traders,greed makes a trading goes bad..and greed is hard to be eliminate because its in our self..so we must have a great willing to be patient to eliminate the greed,by the experiences we got we should understand with this things..we dont want to falls in the same hole twice isnt it??!goodluck!
when a trader earn money he want to earn more and more money and for this he take risk while trading which become the reason of losses. i think greedy attitude is very harmful for every forex traders,it is a most enemy for every forex traders during the trading