Difference Between Confidence & over confidence in Forex.

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.
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Dear confidence wo hota hy jis say ham forex may better tariky say work karty hain and over confidence greed may a jata hy jis say hamy ziyada loss kay chances hoty hain is liye hamy confidence say work karna chahiye and greed ko avoid kar dena chahiye.............?????????!!!!!!!!!!!????

my dear friend forex trading me confident or over confident me ye fark hy k k jb hum confident ho k trade krty hain tau hum earning achi hoti hy or humy profit hota hy jab k aagr overconfident ho k trade kren tau loss hota hy.

confidence acha hai aur forex aik aisa business hai is mein aap quick money make kartay o aur yehi shortcut hai aur aap is business mein agar shortcut lky gy tu apni money loss kar deh gy aur is tarah kafi traders is business ko leave kar detay hain so make money in legal ways hai money earn ky liye.

ap ko apne app per

sirf confidence ho hona chaye over confidence mut karen verna ap is main khabi bhi kamya nahin hon gen hamesha confidence se hi work karen

I 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.so.................

when we have good technical knowledge then with the help of confidence we can make profit in the market but over confidence is bad thing and with over confidence in the market we lose money because we want to earn more and more.

the main difference between confidence and over confidence is the confident person just do trading with sense of mind,and do trade after deep thinking and over confident person just do trade with out any sense then lost their money.

yes dear i totally agree with you forex trading main hum ko proper trading karne chahya hum ko over trading nahi karne chaiya over main emotional ho kar hum trading galat be karsakte ahin so hum ko proper confidence kai sath tarding karne chahiya.iss say hamare trading sahe direction main jayain ge.

dear confidence is good in this business but over confidence is not good...its very effective in this business ...we should work in this business carefully which is very necessary in this business

Self confidence will be the one thing in addition to overconfidence will be fully distinct. Throughout Fx, numerous merchants slide in this trap from time to time if they experience incredibly overconfident in relation to their own guesses in addition to investigation in regards to a a number of work... determined by their own experience. But what the results are will be that a unexpected adjust in marketplace craze shatters their own confidence in addition to proves their own decision(s) wrong. So Fx Merchants really should become self-assured merely, but not overconfident.

dear brother.........apny bukhat hi achi baat khi hai ........i realy agree with your comments ......bilkul trader ko chahiye k wo apnay under confidence paida kry otna k na low ho aur na hi hight ho limit may ho.

dear kese trader ko demo account say ache experience hasel ho jay aur us ka confidence bhe ache built ho jay tu umed hia wo kafe ache real trading bhe ker ka acha profit es business say kama sakta hai.

Dear bro 1 to hota han bandy ny normally confidence sy analysis kiye or working ki or profit gain kiya or sath hi market sy out hogya 1 woh hota han jo sirf or sirf yehi kahta k main is man jab bi trade lagao ga to mujhy profit hi mily ga to phir us ko loss hota han.

Good thread may dear confidence agar ik trader my ho tu who apnay entry and exit entry esay point say karay ga k who trade must profit may change ho gi agar who apnay trade ko wrong point say bar bar enter ho ga tu its means yeh best nah hai

yes confidence is good but over confidence is very bad for forex trading and due to this mostly people do mistakes and at the end they have to face the losses..So i think we should avoid iver confidence