What is the effect of overconfidence in forex

mostly overconfidence ka ek hi effect hota hai loss ki shakal main hamein kabhi bhi overconficne nae hona chahye sirf tradng main nae balkay life ke ksi bhi stage main

to have confidence is good but to be overconfidence is a very bad thing. the forex is a market where you have to be daring in order for you to enjoy the forex activities. overconfidence is proudness. the pride is destructive since it is a water that overflows its boundary.

This risk can be minimized by good planning, good money management and specially with cold and emotionless thinking to continue the trade. You may be a successful Forex traders when you got a full control over the trade which achieves step by step by doing continuous trading. Its all possible when you are prepared for losses then you stand for gaining good profits from Forex trading.

yes please avoid to be a over confidence kyun ke over confidence se ap kitni ache bhi trader ho loss ho jata hai isi liye confidence ehona tu acha hota hai magar jo log over confidence ho jate hai wo loss ko face karte hain.

jaldbazi me kiye gaye faisle aap ko nuqsan ponchasakte hai aapko chahiye ke ke patience aur discipline ke sath trade kare take market ki surtehal se waqif hosake aur acha trade karsake aur loss se bachne ke liye fresh mind aur confidence se kam kare.

kesi be bsuiness main overconfidence or takabar bohat buri cheez hai trader smajta hai ky loss us ko ho he nahe skata per aik asa loss hota hai jes main wo barbad ho jata hai is lie overconfidence na hona kabi learn kerte he rehna

ager hum uss ko jaldi meey trades work kertaay hai uss seey hum ko definitely loss hi ho ga jeb tek uss keey bareey meey knowledge naa ho uss ko ser injaam nahi dainaa chahyee forex keey bareey meey knowledge and experience liyee begair trades nahi lagani chahyee jitni dair tekk aap forex keey bareey meey trading kernaa complete jaan nahi jaateey

yeah Overconfidence invites several problems in every profession as well as in forex trade. overconfident ho k ap sochy samjhy bghair trading karty hain order lgaty hain or market analyse b nae karty kiun k apko lagta hai k ap expert ho.. but iski wajah se apko loss e hota hai bas..

overconfidence and short cut emotional attitude less patience skill or his managerial ability due to less knowledge and experience is not good his time and money mangment not good or not standered or not fulful market need or he ignore news of market all these factors may be the causese of loss

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.

over confidance bohot buri chez hy or ap is ki wajah sy forex mein faill bhi hoi sakty hain isliye apko chahye k ap over confidance ko avoide karen tab apko success mil jaye gi or ap earn kar sakty hain.

confidence is good but overconfidence is dangerous thing .every kind of business give you more beniffits if you work with confidence but over confidence will give you loss of everything

Over confidence lets us open the trades with more then deserving power of the Capital and when it goes in the negative side it will give us the un reverse able damage. This also forces us to use No Stop loss or Take profits and trade openly which is a fatal situation for us in any circumstances.

overconfidence main trader smjh nhi pata keh main kia kr rha hon to is trah woh loss main a jat ha to over confidence na krain sahih kam krain aor hurry is main na hona chahe

overconfident in forex is very bad for traders because over confident makes traders to trade blindly without making the right analyses and at the same time it makes traders to take unneccessary risk any time they are trading and so they should never be overconfident

over Certainty is Severe for us , we get over certainty and lot of Disturbance require so we when we are over confident we cogitate out every Craft snap us honorable profit, in this Disturbance we do not judge properly that what should to or which Strategy to deal, this way merchandiser makes red...