What is greed and how it's affect your account.
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  • #1 Collapse

    What is greed and how it's affect your account.
    Morning to all forum fellows, guys one of the biggest emotion that every Forex trader has to deal with on a regular basis is GREED. we all know that greed is a curse. we must avoid this, Sometimes this can lead to put trading decisions such as adding up to a position when a trend is already over extended or overtading to make up for losses ,and you put the trade just to get more profit but market reverses. so dear friend if you want get success you have to control on your bad emotions like GREED .
    HOORAB878 TRADING JOURNAL
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    My dear bro I also agree very welcome 21 Forex mt5 forum. According to my knowledge greed is an excessive love or desire for money or any possession. Greed is not merely caring about money and possession. But caring too much about them. The greedy person is too attached to a thing and his money, a Desire more money and more things in an excessive way. My dear bro do not be greedy on Forex trading platform greedy is a curse do work hard in this platform with basically confidently. Nearby good time follow the rule you will succeed in this field.

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    • #3 Collapse

      Greed is a stage of emotion in which a trader want more and more and never satisfied with already earned money. Greed make you crazy for earning and you never see the fact. If you real want to control it then first of all pay attention on your emotion and set your target upon your money. You should't take risk big on small amount of money it always like honey trap.

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      • #4 Collapse

        Sir mt5 emotions and greed are the two things that the main cause of our failure in the mt5 Forex market so if you feel you are not good with emotions I recommend not trading first as it will adversely affect your account greedy traders and not a successful trading leave the greed and success the Forex trading
         

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        • #5 Collapse

          When you are getting more and more in a very short period of time. The Greed Occurs. In Forex Trading Business every one want to get successful. But the Trader who practice greed can not be a successful traders. We should avoid greed in Forex Trading. We should control our emotions while trading. In Forex Trading we should practice Patience. With Patience we should strictly follow the rules and regulations for money management and risk management. We have to set our daily target. Once Our Daily target get achieved then avoid more trading. This will leads you to greed.
          Price Action Trading Journal
          **Price Action is Key to Success**

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          • #6 Collapse

            Dear friends ., forex market deals with online trading of different currencies and traders invest their money to earn profit ., most of the people try to become rich in a few minutes and in this way they loss their money ., before starting forex trading it is necessary to get training and experience with that open demo account and practice on that account ., work hard and set a task that you will not go ahead from your target .,

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            • #7 Collapse

              Your account is wash when you can makes greedy. If you cannot makes during work in forex trading. If you can succeed in forex trading you will work hard and spend more time in this platform. If your knowledge and experience are not good and then you will practice on demo account. We know that practice makes a man perfect. If your knowledge and experience are good but you cannot succeed in forex trading and you will advise on your senior. Another way to makes a profit we will work in the morning and avoid work in night time.we know that morning time brain has sharp and fresh.sharp and fresh brain can makes good profit.

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              • #8 Collapse

                Greed is a human desire to make more and more irregardless of the means used to achieve the results, greed makes people kill, steal and many more bad things. In Forex greed makes you risk more than you can afford to lose, trading based on feelings instead of skills. You might get lucky a few time but many a times, greed leads to massive losses that are avoidable if you trade by the rules of the game and be content with what you have made.

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                • #9 Collapse

                  Sir mt5 greed affects us in every corner of life that destroys our desires and purpose in life it makes us and our behavior like dogs that people don't see there are people who only focus on producing but soon he faces a big problem because of course it affects our lives and Greed is the main reason for losses in the mt5 Forex market A mt5 Forex trader can avoid mt5 Forex losses if the trader can control greed A trader cannot prefer proper money management when traders trade with greed mt5 Forex is so profitable that new traders cannot control greed the thanks for you
                   

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                  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
                  • #10 Collapse

                    Basically greed is the feeling of more money. In every business every person want it more and more money but this feeling is very harmful for this person. Because in this with don't care about the laws and place the order having a lack of knowledge about the currency pairs.
                    We can overcome the feeling of greed controlling all emotions and feelings when we are placing order I hope this information will be beneficial to you guys.
                    Stay blessed, Stay Happy

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