Forex Zone - Forex Forum

Don't be greedy in forex trading

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Anything if accompanied by greedy is certainly not good. let alone forex everything must be balanced and not greedy
Greed is very dangerous, there will be no balance if you have greed. in forex if you can't manage your finances well it will be very difficult to survive and succeed.
#166 - May 25, 2020, 10:19:50 PM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
greedy will only cause losses because greed does not know the rules or do not recognize any limits so that it will endanger our trading account and will also weaken and blunt our trading psychology.
#167 - May 26, 2020, 03:15:38 PM

  • Sr. Member
  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
greed is the worst thing that is most recommended to eliminate it because greed will greatly affect our trading and is very annoying so as much as possible we eliminate or control greed.
#168 - May 28, 2020, 08:23:15 PM

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

In any case, we should have targets and limits. Of course, these targets and limits are in the corridor of a rational or logical account. Likewise, it is better in forex trading, even though you might get unlimited profit, you still have to have a logical mind. That greed is the beginning of disaster. So with our limits, surely we will get many benefits. And keep in mind, there is no such thing as perfect analysis. It means that the potential loss is indeed very much there and we must minimize it. Of course the system we use must be accompanied by risk management which must be applied in every transaction we make. This also serves to limit greed.
#169 - May 31, 2020, 09:04:31 AM

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Greed without rules is clearly wrong, but if greed comes with the right trading system, it is okay to be greedy.
because large profits can be achieved with a large target based on the rules.
#170 - June 22, 2020, 12:20:47 PM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
get rid of greed because it is not good to carry out trading because greed has always been prohibited from being used, but it is difficult to control or eliminate this greedy nature so we do have to have the right way to overcome the greedy nature.
#171 - June 23, 2020, 07:00:35 AM

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7

Greed will only make a trader in big trouble therefore we must be able to be wise and get rid of our greed we always get the benefits that can meet our needs
#172 - June 28, 2020, 08:17:56 AM

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Greed will only make a trader in big trouble therefore we must be able to be wise and get rid of our greed we always get the benefits that can meet our needs
Be wise and always based on trading rules, although it cannot be completely controlled by the greedy nature but it can be minimized.
#173 - June 28, 2020, 11:51:19 AM

  • Sr. Member
  • Posts: 296
  • Points: 0
  • Likes Received: 37
  • Reputation: +1/-0
our trade should not be carried away by lust or greed to quickly get big profits, forex must have rules and stages if you want to succeed.
#174 - June 30, 2020, 12:58:44 PM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
since we started to learn trading certainly can not be separated with greedy lessons because jumble is one component that must be controlled properly when trading.
#175 - June 30, 2020, 05:46:07 PM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Greedy is one bad emotion that many trader sometimes greed on the trading, usually the end result by greedy is get margin call account shortly because trading forex is always more risky, without good trading experience and skill hence will hard to make money here.
#176 - June 30, 2020, 10:48:07 PM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
greedy is already banned from the beginning we learn forex because greed is not a good attitude and is not recommended to appear in trading because it can interfere with our trading analysis efforts and make it inaccurate.
#177 - July 02, 2020, 06:21:27 PM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
One of the mistakes that is often done by traders is greedy, regardless of money management and chasing big targets instead makes them lose
#178 - July 07, 2020, 08:49:28 AM

  • Full Member
  • Posts: 161
  • Points: 683
  • Likes Received: 3
  • Reputation: +0/-0
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.
Yes that right. Forex is no way to be rich quickly. It need long process.
#179 - July 07, 2020, 11:33:58 AM

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Yes that right. Forex is no way to be rich quickly. It need long process.
Yes, it is very difficult to profit quickly., the situation on the forex market is uncertain and difficult to predict, greed will only make conditions worse.
#180 - July 07, 2020, 12:06:13 PM

Members:

0 Members and 1 Guest are viewing this topic.