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Greedness is harmful!!

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Re: Greedness is harmful!!

Postby uncle gober » Fri Nov 22, 2013 2:52 am

I think, we should have target when trading and discipline with our target. It will make us be not a greedy trader. Try to thankful for what we've get in forex trading.
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Re: Greedness is harmful!!

Postby matttrader » Mon Nov 25, 2013 8:23 am

The problem of greediness is enhancing when you carry significiant losses and then you guess right movement and want to rebound. It is not so easy to be rational at this moment and restrain your anxiety of gain.
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Re: Greedness is harmful!!

Postby Shawnmichal » Wed Nov 27, 2013 7:26 am

uncle gober wrote:I think, we should have target when trading and discipline with our target. It will make us be not a greedy trader. Try to thankful for what we've get in forex trading.

Yes I think setting target is a good thing but one should also know that target must be such that which can be achievable means it should be reliable and realistic and must also try hard to achieve it.
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Re: Greedness is harmful!!

Postby gerski » Sun Dec 08, 2013 10:01 pm

Shawnmichal wrote:Greed is harmful as I've already told but it doesn't mean that we should never greed but yes it should be up to a certain limit as it motivate us to perform better..after a limit it cause harm.


Too much with everything is bad! And being greedy while winning is the same bad it leads us to the other side which is lossing.
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Re: Greedness is harmful!!

Postby gerski » Sun Dec 08, 2013 10:05 pm

uncle gober wrote:I think, we should have target when trading and discipline with our target. It will make us be not a greedy trader. Try to thankful for what we've get in forex trading.


Discipline i believed is one key factor to be successful in forex.
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Re: Greedness is harmful!!

Postby Shawnmichal » Wed Dec 11, 2013 7:20 am

every thing is has two faces one is bad and other is good so it is better to opt the things in the context of good so I feel greed makes us to make more efforts and work hard.
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Re: Greedness is harmful!!

Postby gerski » Tue Dec 17, 2013 2:20 pm

Greed as many would say is a big factor for traders to lose the more they become greed to win it is the otherway around that arise.Thats in forex we must know how to control our emotions when trading its hard but its a must if we want to stay long in forex.
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Re: Greedness is harmful!!

Postby rrayne20009 » Wed Dec 18, 2013 11:52 am

Shawnmichal wrote:every thing is has two faces one is bad and other is good so it is better to opt the things in the context of good so I feel greed makes us to make more efforts and work hard.


I read about a successful trader who once quote that a little greed is sometimes good because you take chances and you have faith in your strategy so you'll earn more profit.But generally I think greed is the worst emotion to deal with because it can blow all your money in an instant in a certain trade.Overtrading is a risky move for every trader.We must be realistic in our profit expectation in every trade.
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Re: Greedness is harmful!!

Postby Shawnmichal » Sat Dec 21, 2013 12:09 pm

Success start from your willingness because only then you make efforts to achieve likewise being greedy make you to put your more efforts to earn good but yes it should be note that greed must be with open eyes.
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Re: Greedness is harmful!!

Postby uncle gober » Thu Jan 02, 2014 8:52 am

Greed is so much bad in forex market. In forex market 40% traders are greedy who make big loss in their trading. greedy traders have make more mistake while trading which lead to the big loss in their trading. for this reason traders have need more practice for control greedy. If you want to test your self, Armada Markets give 15 Eur welcome bonus
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