Forex Zone - Forex Forum

Greed is profitable or detrimental to Traders?

Discussion started on General Forex Discussion

  • Jr. Member
  • Posts: 91
  • Points: 442
  • Likes Received: 10
  • Reputation: +5/-2
greed not only makes you lose money but greed can also make you not concentrate on anything like that, and maybe you should never think that trading is easy
#76 - July 31, 2021, 07:45:42 PM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
Greed in trading should not do because it can make us experience a huge loss even to the call margin, so don't we do
#77 - July 31, 2021, 11:51:50 PM

  • Hero Member
  • Posts: 906
  • Points: 92
  • Likes Received: 64
  • Reputation: +4/-0
the name of being greedy will definitely cause losses because greed is indeed not allowed when we are using a small capital and we should learn about how to minimize the losses that we will get
#78 - August 01, 2021, 10:36:47 PM

  • Sr. Member
  • Posts: 361
  • Points: 508
  • Likes Received: 26
  • Reputation: +2/-0
greed means it will not make you a meaningful human being because greed will only make you always lose so as much as possible when you want to get something don't be greedy but go through the right process
#79 - August 03, 2021, 08:33:50 PM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
greed not only makes you lose money but greed can also make you not concentrate on anything like that, and maybe you should never think that trading is easy
Yes, in theory, we really need to get rid of greed because it has more negative effects, but we can't because it's human nature, right.. we can only manage and also make ourselves have the right risk management
#80 - August 03, 2021, 10:57:04 PM

  • Sr. Member
  • Posts: 356
  • Points: 298
  • Likes Received: 3
  • Reputation: +0/-0
actually greed in humans is a natural thing but of course if we can't control this it will be dangerous for our trading.
#81 - August 05, 2021, 09:58:00 AM

  • Hero Member
  • Posts: 677
  • Points: 202
  • Likes Received: 29
  • Reputation: +2/-0
Greed must be detrimental because with greed you will not get what results so as much as possible you should try not to be greedy in the slightest because the name greed is nothing at all.
#82 - August 14, 2021, 09:13:10 PM

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
Greed in trading is very dangerous for me, because greed can make us dark eyes, meaning we will trade in a way that is inconsequential and blind
#83 - August 23, 2021, 10:22:15 PM

  • Hero Member
  • Posts: 612
  • Points: 127
  • Likes Received: 36
  • Reputation: +2/-0
Of course, if we are greedy, we will not get any profit, so we will make everything more messy besides that we will also get nothing, so don't be greedy.
#84 - August 31, 2021, 03:42:53 AM

  • Hero Member
  • Posts: 1508
  • Points: 333
  • Likes Received: 174
  • Reputation: +20/-8
If we do it well and correctly, this will be able to add to the income, and can be tried to further develop our tarding
#85 - August 31, 2021, 01:52:29 PM

  • Hero Member
  • Posts: 750
  • Points: 365
  • Likes Received: 33
  • Reputation: +2/-0
Accidents can destroy us completely because greed is an innate human trait, it can't be eliminated, it can only be reduced. We shouldn't be greedy for anything, especially anything related to work.
#86 - September 01, 2021, 01:19:09 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
That greed often causes traders to experience large losses and can cause margin calls if it continues, so it is very dangerous
#87 - September 01, 2021, 10:07:05 AM

  • Hero Member
  • Posts: 677
  • Points: 202
  • Likes Received: 29
  • Reputation: +2/-0
in this world if we run something by accident the result will not be satisfactory for us so we will not be able to achieve success and it will take longer to get to success
#88 - September 01, 2021, 10:39:22 PM

  • Hero Member
  • Posts: 750
  • Points: 365
  • Likes Received: 33
  • Reputation: +2/-0
greed will not make you a profitable person because greed is the most indifferent nature when running any business because greed will not make you a better trader
#89 - September 03, 2021, 06:38:54 AM

  • Newbie
  • Posts: 45
  • Points: 47
  • Likes Received: 1
  • Reputation: +0/-0
Everyone agrees that being greedy is not a good thing, that's what profi targets are for, which is to prevent us from getting too passionate about hunting big fish but throwing all the small fish out of our buckets. when the price has touched the profit target, that's it. despite the price it still has plenty of time to look for other opportunities. Likewise, when the market ruthlessly beats our stop loss level. do not be influenced to cancel our stop loss when the price is getting closer to that level. remember that the stop loss is basically a savior of our account from the potential for large losses.
#90 - September 03, 2021, 10:52:53 PM

Members:

0 Members and 2 Guests are viewing this topic.