What is the effect of overconfidence in forex

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.

i think forex main overconfidence ap k lye nuksan de sabit ho skta hai forex main ap ko apne pe confidence hona chahiye lekin overconfidence nae hona chahiye,,forex bht acha buisness hai is main hm mehnat kr k bht achi earning kr skte hain,,forex main kamyabi k lye confidence ki bht zaroorat hoti hai lekin overconfidence se ap ko loss hi ho ga faeda nae ho skta,,

overconfidence forex mein zyada tr is baat mein ata ha k over hony se trader bohat zyada profit kmany ki try krta ha jo k us k volume k hisab se kafi zyada ho skta ha. agr trader is surat mein koi trade open krta ha to usey stop-out b ho skta ha.

My dear friends over confidence ka to har kam main hi ghalt effect hota ha. forex main over confident traders loss kar skte han. foreex main confidence zarori ha but over confidence bohat dangerous ha.

over confidence hamasha he nuqsan data ay aur forex trading ka ander to balkul aram aur sbr ka sath kaam krna parta ay ager as main ap sbr ne karo ga to ap loss he kro ga aur loss krna koe ahm baat ne as sa kafe nuqsan b ho sakta ay

Forex trading main jo trader overconfident hota hay wo ziada tar loss kar leta hay kyun keh wo kehta hay keh mainy market ko theak say daikha hay aur market esi side ko move kar kay mujay profit dai gi but aisa nahi hota.

Brother trading hamesha seekh kr aor soch samj kr krni chaheye agr aap over confidence sath trading kryn gy tau aap apna balance loss kr dyn gy so aap ko trading ky waqt hamesha cool down reh kr trading krni chaheye kabbi be jald bazi sy trading na kryn.

The main effect of over confidence in forex market is loss. It means all the time forex trading give you loss and loss. so please never overconfidence about forex. but always keep confidence in you.

gambling on forex is a suicide. that kind of strategy will not work on forex. Most of traders who join forex with this kind of strategy will fail and then loss their money. We must avoid this. Be smart mate, this kind of business are need good emotions and plans. Not like gambling which do not any plans. creating management and system is mandatory on forex for make us survive.

Jab trader confident hota he or trading theak karta he magr jab wo over confident or proud honay ki try karta he to jis ki wajah se wo trading phir kharab hona start ho jati he, or phir apna wo momentum khi deta he jis se wo profit bana raha hota tha.

confidence is better in forex trading but overconfidence is very harmful in this business.overconfident banda bss apne kam par boht zada proud karta hai kasi sai trade kai barye mai ni pochta hai aur nai he market ko dekta hai wo bss ya hai kehta hai jo mai nai kaya hai bs wo he sai is kai elwa bqi sbb marye under hai.in cheezo ke wja sai is bandye ke trading par boht farq parta hai wo trading analysis ko be achi tara handle nii kar pta is tara wo unsuccessful ho jta hai

Forex trading me big Los ki ak waja over confidence bhi he kio ke Kai bar traders itne over ho jatay hain ke bus kehtay hain ye nichay hi jay ga or bari trade laga ke account wash Kar bathtay hain.

Forex trading min lambi learning aur information se humin kafi bari earning mil sakti he aur agar hum overconfidence na hon to hum real tareeqe se market ko understand kar lein to humin kafi bari earning karne ka moqa mil sakta he nahi to hum loss bhi kar sakte hin. Hum overconfidence ho kar loss hi kar leite hin.

forex trading mai agar koi trader over confidence mai ajta hai tou ous ko loss bhi ho sakta hai isleye koish kerne chaiye ke app jo hai wo over confidence ke sath trading nahi kerahe.

overconfidence sy trader market ko theek sy judge nai kr pata or jo b trade open krta hy wo loss main jaany k chances hoty hain. . .trading aik aisa business hy jo waqt k saath seekhna prta hy matlb upto date rehna parta hy ap kbi b is main aisa nai kr sakty k mukamal tor pay seekh jaayen ya upto date rahy bina is main kamyaab ho jaayen. . .yaani k jb tk ap is business main ho is main mehnat krna prti hy. . .

bhai jaan agar hum is business main overconfidence k sath trade karain gy to mare khyal se hamain is main loss ke hota hai and issi liye hamain is main over confidence ko avoid karna chaye.