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every one want to earn more but greed arise when we want more than what we have ..in forex sometime we dont take a present profit and after waiting some time market go to wrong directon and its eat our profit..so to avoid such situation we have to control our greed and also we shud satiesfied our self with what we have yes aisa bohat bura hota hai aur literally bohat hi ghussa ata hai aisi conditions main kyu k jab aap jeet rahay hotay ho to aap ki khushi ki inteha nahi hoti lakin jab aap greed ki waja se mazeed profit haasil kernay k liye trade kertay ho to phir jab loss hota hai to bohat ghussa charta hai is liye jitna milay shukar ada kerna chahye...
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Yes true greed will affect our lives so that our order had resulted in profit does not belong to us because they feel less greedy lot would be lost due to delay due to close orders that have profit yes greed is not a very good attribute of a good forex trader because the more we trade with greed the more we get to lose our account so i think i will advise all forex traders never to trade with greed because greed blow our account in the shortest possible time i trade with greed before and i know the out come
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facing a margin call or a big loss is a very good lesson for the forex aspirants, it brings him/her back to reality from his/her dreams. forex is a serious business and one should treat it seriously, its no child's game. one cant get what he/she wants (profit) all the time, so one should be well prepared to get some losses and try to limit it, if he has to make profits
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I think loss is a good experience for us. and like wise man said, experience is the best teacher. If you want to success in forex trading, maybe you should start use a good money and risk management. with good money management, you can limit your loss by set your stop loss in certain % of your equity. And another suggestion for you, maybe you may set your daily target not too high. and separate them in 2-3 times trading :-)
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i suggest the trader that don't be disappointed , it you had act a misconception then in approaching you instrument be alive of doing this. Big losses furnish us a import. Sometimes it tells us our analysis was week and sometimes also we are passionate. So try to take from your mistakes. Asal me jab trader ko bada loss hota hai tabhi woh greed kaise nukshan karwa sakta hai woh samajta hai, jab tak trader ko profit hota hai tab tak usko yeh samaj nahi aata ke greed ki vajah se loss bhi possible hai. Mera to yehi manna hai ke greed profit bhi de sakta hai aur loss bhi, bus hame is par control rakhna jaruri hai.
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greedy will appear along with the nature of the doubt. Normally we would not hesitate to decide to close a position that has profit as it still believes prices will move on. The nature of doubt it will then be accompanied by the emergence of a greedy nature that makes us confident to not immediately take profit. This is the danger for us i lost $last time in my trade...and it was due to my greed. i was just having few amount of profit.....but i thought i will stay for some time and gain more profit...it was my mistake...i was really upset then but most importantly ...i analyze the how greed affects our trade ....how the traders?
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Yes friend.Your story and my story are same.I lost a capital of more than $300 due to my excessive greed.I opened more trades with big lot size.At first i earned a huge profit, but all the days don't go equally.One day market price went to opposite direction by more than 300 pips and my account became zero within a few minutes.Now i never follow that approach.Greed is really the main cause of failure.
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yes bro it is and i think it is best for me to do a good job here and this will be best for me to do trade with out the greed because the greed is only who gave us to the loss position and we should must be control this for our successful trading and this way we can got profit much and in last month i lost all my money cause of greed greed is facto plagued by emotions, and once emotions can't be controlled, then we are able to not assume properly. as a result of that will seem greed at intervals our. Therefore, to induce off from greed, we must always very be able to management your emotions well, we must always be able to master the conditions of trade, in order that our emotions don't seem to be hooked to overflowing....
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We must realize that greed is not the main reason why we loss money in forex. Many blame greed. But what really greed faults? The main reason why we are greedy is simply we want to earn more right? Now is earning more wrong in forex market? Of course not. That's why we are in forex trading because we want to earn. Now when we loss money because we trade multiple times in a day and so on. We must blame greed because of that. We must blame our lack of understanding how to trade in forex. Because if you know how to trade even if you going to trade many times in a day you can still end up making money.
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now i realize how greed effect us kio k trade main jab trader ghalt trdae krta hy ya trend ko samj nahi pata to us ko ismain loss hota hy or ap ka important capital loss hota hy to us time ap ko is main bohat ghusa ata hy but is main ap ko learn krna chahea or emotions ko control main rakhna chahea kio k forex main progress k lea trader ko is main emotions ko control krna zrori hy