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    Greed is your worst enemy.

    Dear fellows greed is really very harmful and extremely dangerous for a Forex trader and we should avoid it during trade in our live account because when you trade with greed you can earn a good money or you can lose all what you have so we should not take a risk to lose all the equity we have, we should trade with proper analysis which are technical and fundamental.

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    Yes that is true,from my opinion and my experience i would love to say greed is harmful because it can be change your full trading plan and can be change your mentality that is why you may be lost your everything. it is really harmful and we should remove it from our mind.

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    greed is the worst enemy because it is the factor that increase the loses and makes trading so risky and so this will lead to margin call fast, the trader that trades with greed will not stay in the market for long time, the greedy trader does not know the risk of the market so he plays with his money and this expose his account for big risk always.

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  4. #703
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    Quote Originally Posted by sameeh View Post
    greed is the worst enemy because it is the factor that increase the loses and makes trading so risky and so this will lead to margin call fast, the trader that trades with greed will not stay in the market for long time, the greedy trader does not know the risk of the market so he plays with his money and this expose his account for big risk always.
    Greed can effect our decision making so it is the reason we hold more position and at the end we are facing losses we work with logic and we get use our good understanding and alway follow the management and techniques so in this way our success will be good and we get use our learning well and make good trade .

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  5. #704
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    Quote Originally Posted by melan View Post
    Greed can effect our decision making so it is the reason we hold more position and at the end we are facing losses we work with logic and we get use our good understanding and alway follow the management and techniques so in this way our success will be good and we get use our learning well and make good trade .
    Greed effect our trading decision and also there are so many thing which is effect by greed because we are not well at making own decision if we are doing our best and learn well about market and we use good learning about charts and market movement so when our plan will be good our profit will be increase and we out from bad behavior approach .

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    Quote Originally Posted by TAJAMMUL View Post
    Dear fellows greed is really very harmful and extremely dangerous for a Forex trader and we should avoid it during trade in our live account because when you trade with greed you can earn a good money or you can lose all what you have so we should not take a risk to lose all the equity we have, we should trade with proper analysis which are technical and fundamental.
    No one have doubt in this statement that greed is our worst enemy in this business. If we are follow this business rules and regulations then every thing is easy and possible for us. we must need work with patience and without greed if we want get success in this business. If you become greedy then you lose all of your money easily.

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  7. #706
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    Greed cause a lot of losses and failure in this trade if we want to be successful in our own trading we must try and avoid greed in our trade, greed is the worst enemy of forex trader's trading with greed will always make us to lose our Investment easily, so we must avoid greed in our trade.

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