How we avoid over confident in the trading ?
Page 1 of 4 1234 LastLast
Results 1 to 10 of 32

Thread: How we avoid over confident in the trading ?

  1. #1
    Registered user
    Join Date
    Sep 2013
    Posts
    1,267
    Promo (¢)
    -150
    Thumbs Up
    Received: 12
    Given: 4

    Arrow How we avoid over confident in the trading ?

    I think when we make the profit in the forex trading and the trend of the market in our favour then we will over confident and start the over trading and that why we often lost in the trading so i suggest all the trader that avoid to over confident and form over trading in the forex and try to trade with cool and positive mind.

    Not allowed!

  2. #2
    Registered user
    Join Date
    Aug 2013
    Posts
    1,300
    Promo (¢)
    5,440
    Thumbs Up
    Received: 5
    Given: 1
    We must have to trade according to our plans and rules because it avoid us from over confidence and we can do trade without any problem but most of the traders are greedy and dont have proper knowledge and that is why these traders becomes over confident and facing many problems in their career.

    Not allowed!

  3. #3
    Rookie martyn's Avatar
    Join Date
    Jul 2013
    Posts
    1,328
    Promo (¢)
    1,030
    Thumbs Up
    Received: 19
    Given: 0
    To avoid over-confidence when trading forex, we may not always be able to monitor the charts, especially when we just make a profit, because if we are too often monitor chart, then we will assume that the movement is very easy and we become too confident.

    Not allowed!

  4. #4
    Registered user dkarev's Avatar
    Join Date
    Aug 2013
    Location
    nigeira
    Posts
    3,078
    Promo (¢)
    52,779
    Thumbs Up
    Received: 19
    Given: 0
    it very important trader dont get over confident when trading no matter the kinda skills and knowledge we might have about the market over confident online lead to more loss than one might have planned,over confident normally happen when one is making constant profit when trading and it not good.

    Not allowed!

  5. #5
    Banned
    Join Date
    Sep 2013
    Posts
    27,036
    Promo (¢)
    0
    Thumbs Up
    Received: 285
    Given: 50
    It is a matter of the way that you caution yourself as a forex trader. The trading strategy that you are using should be well understood and defined, this is how you will make the best out of it all .the time. And if you trust the trading strategy, you will only trade when the startegy say you should trdae, this will help you so much

    Not allowed!

  6. #6
    Registered user
    Join Date
    Aug 2013
    Posts
    222
    Promo (¢)
    790
    Thumbs Up
    Received: 2
    Given: 5
    Are you fear of ghosts? when you know a place that there is a ghost, You must be careful or going run. Thus also about forex trading. When you know the risk of a trade or when you know the strengths and weaknesses of your trading system, I believe you do not become over-confident.

    Not allowed!

  7. #7
    Registered user
    Join Date
    Nov 2013
    Posts
    524
    Promo (¢)
    0
    Thumbs Up
    Received: 2
    Given: 0
    Overconfident in Forex trading business is very harmful because it sometimes lead to heavy losses while trading.Over confident is a part of human emotions and every forex trader should stay away from emotions.Over confidence will make a trader to trade under huge pressure of making huge profits on a short period of time.

    Not allowed!

  8. #8
    Registered user
    Join Date
    Nov 2013
    Posts
    884
    Promo (¢)
    2,275
    Thumbs Up
    Received: 4
    Given: 2
    It is very important for trader to do not get over confident while trading because it harms in our trading ....Trading matter only skills and knowledge we might have about the market over confident online lead to more loss than one might have planned...........over confident normally happen when one is making constant profit in trading and it is not good for your trading..

    Not allowed!

  9. #9
    Registered user
    Join Date
    Nov 2013
    Posts
    697
    Promo (¢)
    0
    Thumbs Up
    Received: 0
    Given: 0
    I think over confidence is very harmful in forex trading.It is very important for every trader to do not get over confidence while trading.We must have to trade according to our plans and rules because it help us avoid over confidence.You must be careful while trading and try to avoid your over confidence in the trading.

    Not allowed!

  10. #10
    Registered user
    Join Date
    Mar 2013
    Location
    Am fuly awear of the difficulties of life,so ill try to bounce back
    Posts
    1,169
    Promo (¢)
    0
    Thumbs Up
    Received: 9
    Given: 1
    I agree with you being over confident and greedy would only do you more harm than good ,because with such mindset you'll be disorientated.

    Not allowed!

Page 1 of 4 1234 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •