Difference Between Confidence & over confidence in Forex.

dear, over confidence ka matlab hai zyada lalch so hum ko zayda lalach nahi karna chahye and i think you can control yuor loss by many good ways but depend on you and your trading style which way is easy and good for you to easily follow.

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.

Confidence ki forex mai bohat importance hai. Aik successful trader hamesha apni trading confidence sai karta hai. And woh apna daily set target bhi confidence kai sath haasil karta hai. Lekin woh over-confident tab hota hai jab woh apna target achieve kar la,.,..,.,.,,.////

confidence aik achi cheeze hoti hai aur kisi bhi trader ko confident hona chahiye laikin overconfidence bohat hi risky cheeze hoti hai , aik acha trader kabhi bhi overconfident nahin hota kiyun ke wo janta hai ke ye ussay nuksan ponhcha sakta hai

ver confidence mein hum apni samjh bojh kho bethe hain aur over confidence rakhne mein kabhi koi faida ni hota.yahi difference hai confidence rakh kr kam karo tu ap apni manzil tk phunch sakte ho leakin over confidence na rakho,..,,.,.,.,..///

jee bikul sahi bol rahe ho ap forex main jab bhi koi aye live trading ke taraf tou ousko chaiye ke wo apne strategy apne plan khud set kare kyun ke ap apne limits khud apse bethar koi nahi jan sakta.

confidence wo hai jis main hamin apni tradeing pe itmat hota hai hamian pata hota hai k ham sahi taarah se trading kr saktay hain lakin ham apna profit ko dakh kr over confidence ho jatay hain

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

g han apne theek kaha ha he confidence bhot importan cheez he or trader ke ander honi chahiye lkn over confidence jis me ho wo hamesha na kam rheta he.

Thank you so much for the nice post and information sir. I think confident is good fro us and over confident is harmful in forex,

when you happen to be a fantastic trader as well as following knowing the market industry developments as well as studying the market industry totally, can make some sort of deal this is called confidence although when a man or women relies totally by himself know-how as well as will not observe your feeling regarding th markket as well as can make some sort of deal this is called above confidence.

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.its good for trader:):)

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insta forex walay yeh chiz nahi check karay k ap ka acount name kia hai kia wahi acount name hai jo ap kay apnay insta main acount banay hai wo sirf yeh dekhtay sirf bank acount no us par paymant send kar detay hain..

yes i agree with you , in forex trading business confidence is very good thing but overconfidence is bad for a trader , overconfidence invite greedy which makes our trade worst and we got losses . so don't be overconfident or over smart it is harmful for our trade .