What is the effect of overconfidence in forex

to be confidence on our trade is very good thing but when its changes into overconfidence that invite greediness which makes our trade worst and we got losses. so we shouldn't be overconfidence and we should do trade according to our requirements so that we can be a good trader .

jee haan janab , bilkul theek kaha hai apny apni post main kay overconfidence aik forex trader kay liye bohat hi nuqsaan dah sabit ho sakta hai . isliye mery khayal main to hamain overconfidence say door hi rehna chahiye ...

onerconfedence se hm sb ko bhoot danger hay , si mai humre liy yahi best policvy bhi hay , isi liy hum sb si mai ajb bhji ka karty hyn tb hue achey hota hay akh hum is mai apny liy forex ko best many or overconfedence se bachen .

Asslam aliekum! Yes apnay theek kaha, we should be conifident magar over confident nae hona chaiye it will cost you big loss

forex trading main overconfidance ka matlb he loss ha confidance aci bat ha or forex trading main apni kahe hoi bat par confidant hona dohat zrori ha lakin overconfidant hona ye loss ha kun k ap ko kuch confrm nahin hota k jo ap kah rahy ho ya kar rahy ho waisa he ho ga market mian is liye confidant rahy or overconfidance say parheez rakhain

forex ek business hain yaha aap confident ho kar kam karay gaye tu aap ki skill or develops hongi jaha aap over confident ho kar kam karay gaye tu aap ko loss ka samana karna parhta hain normal rahy k kam kary forex mai better hain

Dear Brother! yeah in forex business over confidence is same as killer. it is a rule of nature that excess of everything is bad. so in forex business confidence is essential to sustain and progress in the market. contrary to this over confidence is not good for a trader's progress . it ruins trader's amount and time.

effect of over confidence is loss it is directly connected to loss jitna aap guroor rakhen gy utna he aap loss men jayengay

Jab ap trading Karty hain aur ap ko profit milny lagta hai to ap lalach mein aa jaty hain or ziada profit hasal karny ka intazar karny lagty hain es tra ap over confident ho jaty hain or jaldi jaldi mein kaam karny lagty hain es tra ap ko loss ho sakta hai kiu k market kabi b ap k reverse ja sakti hai

koi bhi business karne k lye hmare under confidence hona chahye or haaan hamain over confidence bhi nahi hona chahye....................

her kaaam jo aaap shoro kar rhy hote hooo us k lye confidence hona boht zrori hy or hamain over confidnece nahii hona chahye q k es se hamain losss bhji ho skte hy.......

main ap ki baat se agree karta hoon but is main aik aur cheez ko bhi ad karna cha hoon ga ke ager ap greed karte ho aur ap ke pass experience bhi hai knowledge bhi aur ap ki skill bhi achi hai but ap greed ki waja se success nahi hasil kar sakte tu sab se phele greed ko khatam karen then trading karen

with forex greater than confidence invites greed AS WELL AS Whenever people greed You may be required to face margin call IN ADDITION TO the particular margin call can wash your complete capital. to be able to avoid greed You must set some targets AND ALSO follow them AND ALSO do not trade right after anyone done ones daily targets.

There is a very harmful effect of overconfidence in Forex trading. Overconfidence invites greediness or you can say that greediness invites overconfidence. There is a close relationship between overconfidence and greediness. Confidence is good and essential for doing Forex business, but when the trader gets overconfident he takes wrong and illogical decisions.

dear forex ma soch samaj k trading karty ha agar koi overconfident hojata ha to ose loss k elwa kuch b nia milta ha expirnce se zayada woh profit ka sochta ha and ose loss hojata ha ulta so ase nia karna chaye