What is the effect of overconfidence in forex

mere pyare bhai forex trading mein over confidence aik buhaat bari bahmari ha jis ki waja se achay achay trader bi bara loss kara laitay hain kyun jab un ko kuch period tak achi earning honay lagti ha tu wo apni stregety ko chor kay naked trading suru kar daitay hain jis ki wajah se big loss ho jata hai.

yes my friend haman forex mai kabi be over confident nai hona chiay is se hum nuqsaan uthaa sktai jy kiu k over confident honay se hum apny app ko saii samjtay hy soch bagir hi kam krty rehtay hain.

dear friends mein samajta hoon k overconfidence kabi kabaar banday ko mlay doobti hai aor kabi kabaar overconfidence say banday ka moral intehai higha ho jata hai jis say earning behter ho jati hai

assalam-o-alaikum janab jahan tak mera khayal hai business main humain khud apne par confidence hona chahye but overconfident nahi jis ki waja se aap ko loss bhi ho sakta hai Thank you...

g haan janab hamen forex tradnig karty waqt over confidence nahin hona chaheay is sy hame boht kuch hasil hota he nahin............

jnab agr hum over confidenc ho gay to iska hamen boht nuqsan a sakta hy jo k hamary leay unbearable hoga..............................

forex me over confidence ka matlab hai lalach aur jo b is kaam me lalach karta hai us k lye is business me koi kaam nahi hai.hame is business me condence wala hona zrori hai.agar hamara confidence loss hai tb b hame nuksan day hai.

My dear overconfident log hamesha sy hi loss mn jaty hn wo q k greed hoty hn or greed is a curse is liye confidence no o.confident

The effect of overconfidence in Forex is negative .. because overconfidence leads you to the loss mainly.. so try to avoid it .. if you are a overconfident trader then you will make decisions that will make your trade gives loss.. just depends on hardwork do hardwork as much as you can and learn forex so that you will make profit..

dear friend mery khyal mai forex trading mai over confidence say hamy loss ho sakta hain ese liye hamy chahie kai ham forex trading mai over confidence na ho aor patience say kaam kary

forex trading mi jab ham over confidence ho k trade karty ha to hamy us k bohat sary nuqsan hoty ha overconfidence mi ham wrong trade open kar lyty ha or patience ni dikhaty jis ki waja sy hamy big loss hota ha es lia hamy market k trend ko study kar k samaj k trade karni chaheya.

Overconfidence invites several problems in our life, in every profession as well as in forex trade. We do not think and plan a decision properly and go for it in a hurry. So in your kind opinion what are the negative effects of this on our trade.

o janab g ma ye samjti ho k forex trading business ma success k liya confidence tu theak hai lakin overconfidence hona bohot he glat hai kiun k ye insan ko loss deta hai trading ma.

jab bhi ksi trader ko successively do char hafty tak profit hota rehta hai trading sy to us mien overconfidence ki bimari peda ho jati hai jis wjah sy wo phr brdi brdi lots use krta hai or all of sudden apna account wash krwa bethta hai so avoid overconfidence

ji ha bhi ij hum yha pr hum over confidence ho kr trade krty hai to us waqt hum yha pr kam kerny ka mza aat hai jis sai hum ko assnai ho ajty hai

Over confidence is good but not for everything, some time this type of overconfidence make us happy but not every time. When you work forex market then your overconfidence is main reason for loss your money. So for forex trading business need lot of knowledge not overconfidence.