Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Don't be greedy in forex trading

Don't be greedy in forex trading

Discussion started on General Forex Discussion

Print
Pages: 1 ... 9 10 [11] 12 13 ... 68   Go Down

Jajami

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Quote from: TechnoPips on May 05, 2020, 03:32:11 PM
not only a capital destroyer (Mc) can also damage the psychologist heavily because greedy if not controlled will always be repeated in each of our trading.
There it is, the adverse impact on psychologists who are more dangerous, often greedy for profit becomes a habit that is difficult to break which impacts on repeated failure.
#151 - May 05, 2020, 09:25:51 PM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Quote from: Malik on February 10, 2019, 01:34:29 AM
i was greedy when i loss a few buck, and want to revenge the market, but what do i get. i loss more money, how to overcome this please help
Maybe sometime so hard to overcome greediness, but as a trader needs to do this, because majority problem if greedy after loss, what happened next is getting lost more, and this is a disaster for trader itself, keep discipline with trading rules and always pay attention if in every single tick price moves already worth the risk.
#152 - May 05, 2020, 11:14:41 PM

Muh0340

  • Sr. Member
  • Posts: 449
  • Points: 45319
  • Likes Received: 14
  • Reputation: +1/-0
greedy will damage our mentality so as much as possible avoid greedy because with greed we may not be successful in trading, greed is also the most avoided by traders but tends to be difficult especially when market conditions are tempting.
#153 - May 06, 2020, 11:14:20 AM

TechnoPips

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Many traders who are not satisfied with the profits that have been (greedy), trading without stopping that turn profits into losses.
To avoid greed, implement a daily or weekly target system.
when the taret is fulfilled, stop trading and enjoy profit.
#154 - May 06, 2020, 01:47:56 PM

Kapoor

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
if we often trade with greed, of course we know how dangerous that greedy nature is and certainly have experienced huge losses due to greed, to overcome greed is usually not enough to stop trading but also with self-awareness.
#155 - May 07, 2020, 01:59:38 AM

aZGuners

  • Jr. Member
  • Posts: 53
  • Points: 831
  • Likes Received: 0
  • Reputation: +0/-0
greed usually arises due to unfavorable trading conditions such as boredom, overconfidence of one's own abilities, large losses and so on so the effects of negative and positive things can lead to greed if not managed properly.
#156 - May 07, 2020, 02:20:04 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Quote from: Miracle Fx on May 11, 2020, 12:18:47 PM
Conditions that make greedy very much, therefore why trading must follow the strategy, because the strategy that has been planned from the beginning will not make greedy, everything has been set from the beginning.
I think the biggest trigger for greedy is the target that we often force so that we are not satisfied if we have not achieved the target even though the target is sometimes unrealistic.
#157 - May 11, 2020, 04:04:10 PM

FardhanVx

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
if we already know that greed is not good let alone cause various bad things in forex trading we should avoid it because it is not uncommon for traders to experience MC and other big losses due to greed.
#158 - May 12, 2020, 05:03:37 AM

Miracle Fx

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
Quote from: ariezz on May 11, 2020, 04:04:10 PM
I think the biggest trigger for greedy is the target that we often force so that we are not satisfied if we have not achieved the target even though the target is sometimes unrealistic.
Targets that are too forced, too high and less realistic are one of the triggers for greedy trading and forgetting trading strategies.
#159 - May 12, 2020, 10:56:22 AM

Libra

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
greed is the attitude that most must be avoided because it will harm yourself, so things that can be detrimental should not be done because it can trigger a greater and greater risk of trading.
#160 - May 13, 2020, 03:02:36 AM

VijjayVij

  • Jr. Member
  • Posts: 62
  • Points: 1728
  • Likes Received: 1
  • Reputation: +0/-0
greedy will only cause new problems in forex trading because greed does not know the limits or trading rules so of course it's very risky and the risk can come at any time.
#161 - May 14, 2020, 07:27:20 AM

Jatsun

  • Sr. Member
  • Posts: 424
  • Points: 0
  • Likes Received: 102
  • Reputation: +3/-7
Greedy made it out of the rules and even ignored it, there are no rules meaning trading becomes a huge risk.
Maybe if lucky greedy can provide big profits, but if the risk is wrong is Margincall and most greedy always leads to absolute failure.
#162 - May 14, 2020, 12:44:19 PM

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Quote from: Gets 99 on May 17, 2020, 05:55:14 PM
Greedy is obviously very bad, so we have to eliminate and control it so we can trade calmly without any bad character, it will make trading better and be successful
It is not easy to be able to control greed, it can only control by implementing a trading method system, and it must be done with discipline.
#163 - May 17, 2020, 11:20:24 PM

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

Controlling greed in my opinion is with discipline, in this case we must be disciplined with the trading plan and money management that we have. With discipline, we will obey all the rules in our trading plan, so that emotions and greed do not get a place in our trading activities.
#164 - May 17, 2020, 11:59:24 PM

miqbal79

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
greed is one of the things that are not good in trading because greed can destroy us and make the risk of loss even greater so do not let greed over us because we have to eliminate it.
#165 - May 21, 2020, 02:12:33 PM
Print
Pages: 1 ... 9 10 [11] 12 13 ... 68   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Don't be greedy in forex trading

Members:

0 Members and 1 Guest are viewing this topic.


Don't be greedy in forex trading in General Forex Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: