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Don't be greedy in forex trading

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GreenPips

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Greedy can start from not caring about risk management, but it can also start from unfavorable market conditions such as being large floating or vice versa when good market conditions confidence will be higher and cause the use of large lots and the like.
#121 - November 11, 2019, 03:13:15 PM

broforex

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Yes of course it is risky, but if you choose a good broker, you can control your risk, what I am talking about is about bonuses from broker that I trade with, now I am trading with FreshForex and FreshForex give me some rebate, so more lot you trade, more reabate you will get. This rebate will press your risk until 0. Come and try it !!
#122 - November 18, 2019, 12:49:17 AM

Megian

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for you, you should be able to limit the search for profit, because in all businesses, not just forex, because being consistent in business is very important. indeed something excessive will not be good, for example when we trade and the profit is large enough, greed may arise to get a bigger profit, then there must be a profit limit per day.
#123 - November 20, 2019, 03:17:10 PM

halal2

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Indeed greedy is the main enemy for traders, controlling greed I feel is quite difficult because it is human nature
#124 - November 20, 2019, 10:40:27 PM

Gidy

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lest we be controlled by the greed of a negative emotion if we want to succeed in trading
#125 - November 21, 2019, 03:32:37 PM

ariezz

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Quote from: Kaiyoken on November 22, 2019, 12:51:56 AM
Greedy is the nature of someone who is most at risk and most recommended to be controlled because indeed most traders fail, loss and MC because of greed.
Indeed, there are many traits of someone who often prevent us from going forward, including in trading, there will certainly be many basic human traits that come out and become a barrier for us to continue towards our goals in trading, including greed and emotions, both of which are very dangerous if we are unable to control it.
#126 - November 24, 2019, 03:34:14 AM

Jatsun

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Greedy nature can not be removed easily, 
It can only be controlled by changing the pattern of thinking in a healthy and realistic way. 
certainly if greedy is not in control will give harm in any case. 

note:
Trading based on situations and conditions that are good (both in a psychologist's state and in a good market opportunity moment
#127 - November 24, 2019, 05:09:37 AM

serin

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Greedy is something we should avoid in forex trading and one way to eliminate it is to accept it as it is.
#128 - November 24, 2019, 10:06:39 PM

Sure

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A target profit and target loss every day can be made in order to avoid greed. If trading is too over and greedy you will always get a loss.
#129 - December 30, 2019, 06:44:47 AM

Erphat

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greedy is one of the traits of traders who most should not be maintained, greed must be overcome because greed is not only one of the obstacles in trading success but also greedy is a bad trait.
#130 - December 30, 2019, 08:02:08 AM

Alfreddy

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if we have to get rid of greed, especially when trading, greed will destroy our mental and psychological trading so we will tend to be aggressive but unplanned, for example trading without analysis with large lots and so on.
#131 - December 30, 2019, 10:01:06 AM

farqueen

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greedy is a bad trait, we really should avoid being greedy and think more realistically so that our trading has maximum results. Greedy that is too often must be overcome immediately by training mental and psychology.
#132 - December 30, 2019, 04:27:02 PM

Billy Atkinson

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greedy is even not recommended because greedy can make us worse in terms of psychology, once we get greedy, the trait will often appear.
#133 - December 30, 2019, 06:36:52 PM

rabitb41

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greed is one of the obstacles to the success of forex trading so lest we make a mistake in trading because of greed, we should be able to trade in a realistic way.
#134 - December 31, 2019, 04:31:55 AM

instaforex

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Quote from: Ruslan H on February 06, 2019, 02:29:19 PM
Why do many newbie traders or many masters lose in trading, it is due to the fact that they want to get more profit and more than that they are not able to arrange MM so that they use large lots without being aware of the considerable risks awaiting.


The greedy nature if we apply in forex trading is of course very detrimental. because of the greedy nature of wanting to get as much profit as possible without paying attention to the discipline of Money management so that this greedy nature is clearly there will be no benefit in this forex. maybe there are benefits when it can get hundreds of percent profit but it's only once and to repeat hundreds of percent profit again it would be difficult. The conclusion is that greedy money in forex is clearly very detrimental to the trader himself

#135 - January 02, 2020, 10:03:50 AM
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