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Avarice could be a bane in each area. thus keep your feelings of greed at durations restrict and don't allow them to to desire out of restrict. due to we all know unwanted is risky problem. if you only take danger as considering to type extra benefit with none details or justified reason it's greed thus during this situation you'll reduce everything on stability.
really i do not know what is EA is it use life time but i never use i because i think it is very high for me i think $200 to $350 are very reasonable for me if i join in EA market i hope that i cant doQuote:
Originally Posted by SG Trader
of course high expectations and also concern are usually a couple of satanic force inside the foreign exchange which usually impede the particular efficiency in the speculator. one particular need to take authentic income which can be coming from the buy and sell regarding your survival.
For me i have lost about a 300$ one time since i didnt keep stop loss. i was really vexed...First it was in about 100$ profite. i thought of the closing when the profit was more than about a 50$ due to greediness and since the market got reversed i lost !!
I agree with your opinion about the greedy can affect our trade, I never trade in pairs eur / usd, I sell and take profit 10 pips, and I've been getting my daily goal, then I am greedy and sell market entry again again, and I turned out one position and floating minus, and say amembiarkan floating for 3 weeks, from it I learned that greedy is not good for your trading plan, trading plan can be damaged, be grateful and you will probably feel better
many senior traders are advised to avoid greedy in forex trading, and I have also never felt the loss when the violation of the rule that I make in a trading plan, and advice from the senior trader it is true, many traders are stuck with greedy, and this is psychological game you only as a trader, it can be trained with a demo account or a real account, and the basic of trading psychology is whether you are ready to risk losing your money in forex trading?
I think that money is essential to our lives but it is not all there are many things in life more important than money...if you have a girlfriend, I think you are still trading well
evebody should be able to control emotions, in order to discipline the rule system of trading and money management rule. Greed is the factor that made may traders to losse their whole money.
experiencing a perimeter phone or perhaps a massive loss is a good session for that currency trading aspirants, this produces him/her to fact through his/her dreams. currency trading can be a significant small business and another ought to address it severely, the zero child's activity. a single won't be able to receive exactly what he/she desires (profit) constantly, therefore you ought to end up being ready to acquire a number of deficits and make an effort to restriction this, in the event she has to generate earnings.
yes, this is how greed affect us. it is the important of control emotion in forex trading. control emotion is the most hard in forex when we must trade. so we must practice and practice again to control our emotionQuote:
Originally Posted by Jazpa