Yourself Is The Real Enemy.

[nikam]

Yes, it is very important for us to control ourselves before going for the trade. We all know that we are bounded by certain emotions, which will always hamper our trade. So to be better trader, we need to be able to control our emotions like greed, fear, anxiety and so on. We all can't risk our money. The true key to become successful trader is to understand ourselves, control ourselves for any kind of situations in the trade.

[prem]

trading with the cool mind is the good way but profit goes to loss side,frustration controls the mind and other orders are also gone in loss.too much over confidence cannot help us always.we should not wait for getting too much profit(greed) and it leads to huge loss.we must be careful in entering lot sizes.

[dmambi]

A trader who trades manually and is solely responsible for all his losses and you can not say the trader is the enemy of himself. It is the normal human behavior that a man gets confused under pressure but with good knowledge every thing can be normalized.

Trader himself enemy in the sense that he is the only one who has to be blamed for what is happened to his account. Because most of the time we loose because of our bad decisions under the influence of our greed and fear.

[furiya]

you are right, the real enemy is our self,when we can not control our self to ride emotion, so we will never get success in every business, sou the real enemy come from our inside and this is very real and we can feel it again and again

[jadhav]

A trader who trades manually and is solely responsible for all his losses and you can not say the trader is the enemy of himself. It is the normal human behavior that a man gets confused under pressure but with good knowledge every thing can be normalized.

[sarwars]

The real enemy in Forex trading is our greed and fear of loosing the money, if we are able to manage them effectively then we will get good profit and become successful in trading.

There is nothing to deny your statement it is true and fact that without these one can trade frequently in profits and profits so the real enemy in Forex trading is our greed and fear. so we should try to avoid these things.

[mirror]

Its the main reason why we need to be patient and hard working. This way we can prevent being our enemy by ourselves Remember do not find excuse for our wrong action or wrong trade ,we always should keep changing whatever the reason we face

[dmambi]

The real enemy in Forex trading is our greed and fear of loosing the money, if we are able to manage them effectively then we will get good profit and become successful in trading.

[hardworks]

Yourself Is The Real Enemy

whether you 've realized that the real enemy in this business is yourself. to be successful you should be able to control yourself. including controlling the emotions, the nature of greed and fear nature.

Yes, i greatly agree with this. I lose many accounts in Trading. This is because of fear and greed.
So, the trader who controls greed and emotions only have the chance to get some profits. Otherwise, the stop out will always occur in our accounts.
First, we have to learn the discipline to control our self.

[yogesh]

for me it is wrong thinking if we take ourselves as the enemy just because the greed or else, we will not complete if we have not it ..and it will become big problem...greed is only term about psychologies and we have to ride it, not fight it

You are right, greed and fear are essential qualities of human being and we cannot get rid of these, what is important here is we should learn to control these and not let our trade decisions affect by these.