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The Forex is a online business, Every trader join the business want to earn more profit. So i think , yes u are really right . Foret to makes every taders over really confident . it's has a great side or bad side. Because forex is very dangerous business, So that over confident in not good every time.Some time this confident fail u losses !!
Yes profit gives Alentdol of confidence may be caused in unexpected loss in the future
ager hum confidence se forex trading kare ge to hum araam se profit kar sake ge owr ager hum forex mai jaldi or koi owr ghalat kaam kare ge to hum profit nai le sake ge. so kam profit lo leking acha ho.
Certainly that the most important thing in trading is still keeping emotion at any times, for an examples that when we get the gain or loss. remain calm and not too much in reacted. and focus to trading that will come. the strength of the spirited that it should be there and make us better and more focused !
yes, i concur benefit makes pompous when we acquire parcel of benefit i suppose we will be an auspicious trader and we not focus and no take investment in exchanging. we make our disagreement without studying that is the reason chiefly trader come up short in exchanging. In Forex careless have no spot. so it is extremely significant to control our feeling. Much obliged to you !
Besides confident, patience is very important characteristc of trader because without patience sucess will be farway from him and he may lose his capital by impatience . so you should not be in hurry while trading.Quote:
Originally Posted by dmdaknsxa
Over confident forever harmful. however in foreign exchange business off target profit offers us assured. therefore after you get profit you never overconfident only management yourself whereas your unique access. i don't suppose to create sure that the profit produce us overconfident however a whereas that happen each time a investor get profit consistently among others investors wish to actually get help from him therefore then he become overconfident and than cut back lose deals and money.
Forex is a good profitable business.Sometimes successive profits could make a trader overconfident and he think that he figured it all out and that when reality hits when he start to increase lot size.again to get huge profits but it is totally greed and greed is curse.Best of luck..................
I think, to get success in the forex market trader need to have the strong believe first that is okay to be successful in the forex market and also learn and study and also have a plan,money managementQuote:
Originally Posted by kdajnwa.dafgwa
yes greed is always the culprit,we should stay away from greed in trading,we require self discipline to make profit ,because of greed many people loose in forex so we should trade with proper learning and trade accordingly,we should not get away from tradingQuote:
Originally Posted by mdshopon