Difference Between Confidence & over confidence in Forex.

dear meri nazar ma confidence wo hota jis sy ap ko khud pa yaqeen hota hai or our confidence us ko boltye hai k ap samjtye hai jo ma karo ga wo he ho ga lakin hota wase nai hai.

according tho me confidence is what on your believe on your self within limits and being in limits your believe is your confidence. but this is human nature that when we get profit and profit again and again then we become over confidence. we cross the limits and start proud on our self which lead us to over confidence and this over confidence lead us to risks in forex.

I think have difference between confidence and over confidence in forex because confidence gives us wright trade but over confidence can not gives us good wright trade because we know forex market is all time movement business for this need present knowledge .

app jo keh ahay ho haqeeqa thai kuch log to apNI PEHLI #TRade main he over confiedn tho jatay hain aur aisi trade kartay hain kay u nko loss hO JATA@ hai humain trading k doraan over confideht nahin hona chahiye.

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

there is a big deference between confidence and over confidence. confidence that advances you toward the success, it says you to do which you have abilities.
and over confidence says you to advance but infact it wants to fall you in a dug

ye sach hai k kabi kabi aisa hota hai k ham agr thora earn kerne lag jate hain to ham over confidence ho jate hain aur phr boht bara loss krwa bethte hain mere khayal main hame care full rehna chahiye.

apnay opar confidence hona lazmi hai warna aap kabhe kamiyab nai hosaktay ho lekin confidence yeh k hum seekh kar larlaingay aur overconfidence se bhe nuqsan hoga q ke overconfidence to buhat he buri cheez hai insaan kahen ka nai rehta

Confidence and Over Confidence are two very similar things, but slight difference gives very much different and opposite result. Take an employment interview, you can have all the experience and skill in the world but you still have to convince an employer that you believe you can do the job. But if you are over confident in any interview and show that you know more than the interviewer the you will lose the job because your over confidence become a hurdle in the eyes of interviewer

Bohat simple ap ise explain kr skte ho, jo log Forex main expert hain or unko khud pe bhrosa ha ke wo kuch na kuch earning kr skte hian Forex se unko confidence hota ha or jo log aik dam over emotional ho jate hian wo over confidence.

Same is the case in Forex trading, if you have confidence that you can do the trading here and have the complete knowledge then you will be able to get profit but if without complete knowledge and information of forex trading, you still think that you can do it in a good way, then you are over confident and in such case you will get loss in forex trading, so before starting the actual trading here through forex, one should have a comprehensive knowledge of forex trading.

bhi is business ma confidence tu thk rhta ha lakin overconfidence hamy mar dyta ha ya hamary liy thek nae ha is business ma balky over confiednt tu hamy har jaga nuksan hiu phnchata ha....is liy hamy chae k ham soooch smj kar koe b kam kary...

g sir ap ka Q bilkul thek ha k hamy is busienss ma confident sa kam lyna chae na k overconfident sa...hamy is buisness ma jityan exeprince ho ga us ko hi istamal kar na chae or is busienss ma exeperince k sth sath confident k sath kam karna chae na k over confident k sth..

g han dost apny bilkul theek akah main apki baat say puri tarha sehmat hun....forex trading main humain apny upar hamesha qabo rakhna chahye laikin kabhi bhi over confidence ani hona chahye warna loss ho sakta hai

Rizwan sb ap nay bohat achha thread post kia hay or successfull trade ki bhi achhi psychy bian ki hay kay jb over confidence ho jata hay to kaisay apna loss krta hay.ap limitation main rah kr trade krain gay to loss nahi ho ga.

ge brohter yeh bat to thek hai ke aap ko apne experience ke mutabiq trade karni chaye agar hum ziada trade karne ki koshish ma wo apne experience se over ho jata hai jis ki waja se us ko loss ho jata hai is liye forex ma trading ma kabi be apne aap ko over confidence ho kar trade nahi karni chaye.