Yourself Is The Real Enemy.

trading with a cool mind is the rit way but when the profit's start to walk towards loss then frustration takes over and then more wrong stuff goes on.... .......and also too muck over confidence can be a real bummer.......

That's right you must have control over your emotions. You can't have control over price movement but these emotions will come inside you. If you will not control them, then you can't blame the market for you loss.

Actually if there is no mentality of learning from our mistake then its hard to servive in forex because in forex we must do mistake and there is very very high probabilty to do it again . so need to learn from our mistake and must be prepare ourselves to take loss also because its a part of forex and it must be happen if we trade . so with positiveness we must need to accpet our loss.

Yes we have to know and understand that Greed is the main factor responsible for the loss in the Forex.

This is especially true when we are considering that our career as well as success is at stake.

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Originally Posted by ekajoey

success is at stake based on greed ... I guess not so good to run like this way of thinking ..
moreover it was very clear we are not the main enemy of the price movement that makes us wander blindly ourselves .. but sometimes that happens often violate the rules

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greed will destroy your account,I think the problem with most forex traders is that they think that the only thing that is wrong is the strategy. The more important problems like fear and greed are ruled out as rookie errors and yet I have met people who are 'experienced' still making those mistakes.

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Originally Posted by bhanu

Yes we have to know and understand that Greed is the main factor responsible for the loss in the Forex.

This is especially true when we are considering that our career as well as success is at stake.

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I think most of the traders doing trading know that greed is the ultimate enemy of them and it is the main reason for there loss in trading. But still they fail to control it and avoid loss. This is the weakness our mind and it arises when we don't train our mind that money always exist in trading and only with patience we are able to take it.

sehe baat kehi jo log loss per loss kerte hain wo agressive b ho jate hain or depressd b lekan waqt ko sumjhnena he wisment ki sign ha just work hard in the right direction in my pint the total perfect way to achieve our goals, emotions ko control mein rakhna chahaye bus, ager loss ap ne khud he kia t kuin he ap he ap profit kekreen ge na

bro i think it also depends on the strategy you use in trading ...if you follow the rules it doenst mean you are going to make profits it also depends on how you execute your traders at the right moment if not well then you are in loss

we as a forex trader doing business will be greatly influenced by various factors that exist in yourself one of them is emotion if we can not control emotion emotions then this is the greatest enemy of truth within ourselves that could destroy a trading plan that has been planned to run this business.

We are only the enemy means , the Greed inside us is the real enemy which keeps pushing us to make more money within less time without proper analysis. The Greed makes us to trade and make profit when there is no strong signal and makes us to suffer loss.