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Thread: Don't be greed trader when trading.

  1. #1
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    Don't be greed trader when trading.

    Maximum trader , when they get profit, they want more and more profit collection, more and more again profit and profit, but they leave them in the grave , do you agree................

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  2. #11
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    greed is a part of emotion, and it will harm our trading forex and if we let it stay in mind then it will make blind the mind to think with clear, greed will come up for some situation, winning and losing, and as long as we want to get big profit, or take back our losing or revenge, then it will lead us to face some problem

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  3. #12
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    You can simply look at your trading statement, and find all your strengths and weaknesses. First identify how look your negative trades, is it huge minus or several small minus. After that identify and analyse your positive trades, find is your majority positive trades result of the scalping or maybe long term - swing trades.

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  4. #13
    Trader cowek ireng's Avatar
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    greed is so worst and dangerous character some any people that is why we don't greed when trade cause it creates bad result on our business or our work. its has proved with there are many traders get loss in this business because they are too greedy with want make money in over night

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  5. #14
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    Quote Originally Posted by sharif1234 View Post
    Maximum trader , when they get profit, they want more and more profit collection, more and more again profit and profit, but they leave them in the grave , do you agree................
    I have the same problem in my past. I developed a extreme profitable strategy, and I have 100 percent of success in one month, so I decide to increase my risk per trade. So I risk my all deposit, because I was greed, and of course I loose everything. Be aware of this human tendency of wanting more and more.

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  6. #15
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    Greed is a natural instinct of human being and we need to have a lot of self discipline to get control over this and we must learn by practice to get control else it is one of the biggest enemy of Forex trading business and it makes our account zero in order to get more profits, so instead of earning more and faster we need to earn slow and steady by following the basics of this business.

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  7. #16
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    All greedy traders are blaming themselves because they always seeing the result of their greed, it is very bad. The greed will make you to be over-trading at times, and over-trading is not good for any forex trader. The best thing for forex traders is to have good trading plan, and never you let greed allow you to go against it.

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  8. #17
    Trader Sascha's Avatar
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    Quote Originally Posted by cozard007 View Post
    All greedy traders are blaming themselves because they always seeing the result of their greed, it is very bad. The greed will make you to be over-trading at times, and over-trading is not good for any forex trader. The best thing for forex traders is to have good trading plan, and never you let greed allow you to go against it.
    yes sir, they are blaming at many things not only to themselves, i guess. greed will never lead us to success and earn bigger profit but it only take us to deep regret and painful loss. i know that feels when i greed, i've waited my positions in profit to get bigger profit. after that, price bounce back and all my positions turn to minus or even, i got stopped out. i think we better avoid this one, not only control it.

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  9. #18
    Trader cutiekc's Avatar
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    Greed is one of the emotions which actually had sadden so many traders as a matter of fact greed is all about the act of wanting more than required which isn't a good idea but then, the means of getting greed under control is to ensure that we have good trading plan which we trade with.

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  10. #19
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    I think no body in this market have no the greed I think a lot of people in this market greedy but I think the best way to can control it the take a profit option and the stop loss it is can break the trader to wait more and take a wrong decision and lost the trade but I think a lot of traders does not use this option

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  11. #20
    Registered user Agustina's Avatar
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    Quote Originally Posted by momo23 View Post
    I think no body in this market have no the greed I think a lot of people in this market greedy but I think the best way to can control it the take a profit option and the stop loss it is can break the trader to wait more and take a wrong decision and lost the trade but I think a lot of traders does not use this option
    I think so , for me greed is the worst attitude that can never die in a forex trader, while we has admit that greed leads to several losses, when trader get greed then its makes them use poor money management in their trade and there by loosing all our profit even balance as we think more and more until unrealistic desire

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