Difference Between Confidence & over confidence in Forex.

Dear all pakistan forex forum members Asslamu allikum wa rehmatulla hi wa barakatihi janntt halalahu wa dozkh haramahu bhai ne achi bat ki hai main to is se agree hon aur yahi kehon ga kay agar to ap confidence se kam lo gay to ap ko profit ho gi agar ap over confidence se kam lo gay to ap ko loss ho skta hai......

forex me confidence hona acha hota hai lekin is me over confidence hona he nhi chahiye kiun ke kabhi bhi forex me over confident ho kar koi bhi banda nahi kama sakta hai or confident se he aap ko is business me profits kamane ko mil sakty hain .

forex tarding k lye jis trh aik achi strateggy k sath aik acha plan hona zrori hai esi trh en sab k sath co fident bohat zyada zrori hai agr hmaray pas skill hai lkn confident nahi..tu trade lga nhui skingy aagy barh nahi skingy..loo k dar say trade na krna ya zyada soch kr gahlt trade lgana say loss hona amar hyai

g in dono chezo ma aik aisa farak hai jis ki base par ap ko pata lag jata hai ka ap ka confidence hai yah overconfidence jb ap apna experince ki base par soch samj kar tarde lagata hai to us ko ap apna confidence kah skta hai aur jab ap kahta hai ka sub kuch hi ma hu aur woh is nasha ma trade lagata hai yah overconfidence hai

yes off course confidence is better than over confidence . over confidence is not good at all. it is not only true for Forex trading but it is also true for other works too. we should keep confidence into our mind but not over confidence.

I think trading without analysis that includes gambling, just as we play the chip seal cup between buy and sell orders without knowing where the direction and objectives without know why the price moves up or down* so if you want to learn to trade, do not trade without science without knowledge

dear its very very much important thread for all the traders. there is a great difference between confidence and over confidence. the confidence is a trader place an order according to well thinking and by utilizing his own knowledge and experience. the over confidence is a trader trade without common sense and think that he is always right.

I totally agree with the statement that overconfidence invites greediness and also it can be said that greediness invites overconfidence too. Actually, in my view, there is a close connection between overconfidence and greediness. Confidence is good and essential for doing Forex business, but not overconfidence.

ji confidience acha hota hai har cheez mein lekin har kam mein iver ho jana to insan nuksan mein hi jata hai es kam mein b esa hi hai

Members Forex mai trader humesha yeh he koshish karty hain k un k pas confidence hona cheye lekin bhout se member nahi janty hain confidence kis level ka hona cheye .Forex mai jab trader achi preparation karta hai apni learning ko achi tarha demo account pay use kar k experience hasil karta hai tu woh acha experience trading mai hasil karta hai or jab live account pay trading karta hai tu woh apny confidence ki waja se achi trade open karta hai or close karta hai lekin jab trader apna daily ka target achieve kar leta hai tu woh over confidence ki waja se useless trade open karta hai.jis se trader ko kafi nuqsan hota hai.Overconfidence humesha greed ko invite karta hai.Es leye har member ko koshish karni cheye k woh confidence level ko kabi b over confidence k level tak nahi janay dain
Happy Trading.
:cool::):p

very good advice. Confidence level jub tak high rehta ha jub tak aap continuously profit gain kertay ho. but jub aap ko loss hota ha to us wakht aap ka temperament dekha jata ha. zarori nahi loss over confidence ki waja se ho. kabhi kabhi forex market ma bhi utar charhao aata ha. jis k baray ma ek acha trader janta ha k kuch bhi ho but better luck for next time.

It is very good for you to study the candle stick partern so that you will use and make good money so be very focus so always concentrate

forex trading main confidence hona bohat he achi baat hai laik over confidensce busines mian theek nahin is liyeh over confidence nahain hona chahiyeh.

wah bhai wah good thread post kiya hai aj apnay maza agya or over confidence humesha humen loss tak phocha daiti hai ya baat bilkul sahi kahi hai apnay

bhai aap nay bilkul theek kaha k forex main over confidence ho k agar trade ki jay to us main loss k chances ziada ho jatay hain hamesha say is main trend k mutabiq hi is main trade ki jay

aoa being a muslim hamay har cheez may mianarawi ikhtair karni chahiya agar hum har cheez may mianarawi ikhtair kartay hai tu hum kamayabi ko hasil kar sakhtay hai so isi tarah agar hum apnay confidence ko over kar daitay hai tu hum kamayabio say door chalay jaitay hai tu hamay chahiya kay hum confidence aur over confidence kay darmiyan jo bareek si line hai aus ko cross na karay aur apnay confidence ka sahe use kartay hoya forex may zaiyada profit earn karay