What is the effect of overconfidence in forex

dear forex trading me over confidence ki koi jaga nahin hay kyu kay overconfidence se hum ko loss bhi ho sakta hay aur hum agar forex trading me apne emotions aur confidence me control me rakh kar asani se profit earn kar sakte hain.

Over confidense always leads to the loss in the forex trading ku k hum sab janty hn k ye aik bht bht zyada risky kam ha icme loss b bht zyada hota ha and profit b so ager hum yaha se bht bht achi earning karna chahte hn tou hume chye k hum ic kam ko zyada se zyada seekhn.

yeh to sach hai k aik confident person he zindgi k har department mein kamyab hota hai laikan yeh confidence jab overconfidence ban jata hai to us admi ka down fall start ho jata hai kiunke koi b akal mand admi apne ap ko sub se superior samjta hai to overconfident ho jata hai aur phir loss he loss aur forex to phir aik sensetive business hai es mein overconfidence khud kushi hai.

Overconfidence is a negative factor from which we have to only face the losses. Kch log overconfident hony ki vja se smjty hyn k unhen forex trading k bary mei sab kch pta hy or particular knowledge gain krty hyn unhen sab se ziada loss ko face krna parta hy its not good for traders so avoid it..

bahi over confidance ka sirf aik hi anjam hota hai aur wo hai loss aam tor pa traders bagair study kya hua aur analysis kya bagair yah sochtay hua k wo sahi kar rahay hain trade laga datay hain aur overconfidance ka sikhar ho kar loss kar bethtay hain

over Confidence is Dangerous for us , we become over confidence and lot of Excitement involve so we when we are over confident we think out every Trade give us just profit , in this Excitement we do not think properly that what should to or which Strategy to apply, this way trader makes loss...

yes ofcourse my friend i agree with you, overconfidence have same harmfull effect as in all field of our common life, if you are confident then you will face the certain lose.. so be confident but not overconfident.....

I think over confident the main cause of many problems in our life, so we should always try to maintain the confidence level in trading and in our life while trading, we should make ourself discipline and learn more for doing the best and proper trading.

I think over confidence is very bad for a person in every walk of life bece=ause confidence is good but when you become over confident in your self you lose your brains and will not be able to take any sensible decision.

Over confidence in trading will gives us much loss and we will not able to get anything in this business but many traders did not work hard and did not do trade with rules and plans every time so hard working is required by us for earning money lifetime.

We can't show our overconfidence in forex trading because it's a sensitive trading sector.
There can be happen anything at anytime a single movement can down the market.

is ky do he effects hoty han aar ya par agar trade theek lag jay to bhot profti hota ha aur theek na lagy to sara he loss ho jata ha, kesi bhe cheez kie kami ya zayadti theek ni hoti har cheez ak tawazan main honi chahey

Over-confidence ager apni strategies ko dekhtay huwey hy, ya aap ki tested strategies aap k sath hen tou thora bohat over-confident ap hosktey hen kyn kay itna aap ko kerna he parey ga werna aap fer ki trf chaley jaen gay k aaya k trade open kren ya na kren.

Forex main jo koi bhi overconfdence trade is main karta hey to uska yeh effect hota hey keh woh is main waqt sey phley fail ho jata hey aur phir is main musalsal nakami uska muqaddar ban jati hey.

agar hum forex main over confidence trade kar rahy hotey ahin to uska effect must loss hi hota hey aur phir hum is main kabhi bhi pass nahin ho saktey hain.