What is the effect of overconfidence in forex

bro insan agar life main kahin bhi over confident ho to usay nuksaan he hota hay isi tarha jab ham forex main over confident hotay hain to hamain loss hota hay akasr log jo pehli dafa profit earn kartay hain wo over confident ho jatay hain phir baad main unko loss hota hay hamain apni emotions ko control main rakhna chahiiye

dear agar to hum forex main overconfidencr rahy gay to hum forex mian sahi kaam nai kar sakty ha toh umain chahy kay humf orex mian learning kary jo hum is main kar sakty ha

over confidence can cause us loss in trading and we cannot take right decisions due to over confidence which can cause us loss and failure so its good if we have confidence and analyze everything and trade with it but avoid over confidence.

hello dost ap ki bat bhe theek hai lakin jo log khud pr apny sy bhe ziyda yakeen krty hain un k liya yeh site theek jagha nahi q k un logon k liya yeh site galat jagha hai or sath he sath wo yahan pr kam bhe nahi kr skty q k wo un k liya boht nuksan dy ho ga.......

overconfidence is very harmful for the forex trading market and the the traders loss their whole capital due to their overconfidence so it should be avoided during the trade.

Assalam O Alaikum, Forex trading main aap practice kartay hain to aap ko iss main confidence milta hai magar Forex trading main kabhi bhi overconfident na hoon kiun keh yeh cheez aap ki trades ko loss main le jaati hai.

dear ager ap over confidence sy trading kren gy to ap ko loss hi ho ga over confidence sirf forex me hi loss nahi krwata ap jo bhi kam kren gy ap ko loss hi ho ga

is mai jub kaam karty hain na jnab,,shai trha say karain jnab...or is mai isnan ko zayad hoshyari bhi nahi dekhani chaye jnab...is sya bhi loss ho jata hay jnab

assalam alaikum bhai jan jab buhat zada over confident ho jataya hain to ham apanay ap ko har kam me maheer samna start kar deatay hain or ham me gharoor a jata hai or hama akahr kar nakam ho jatay hain

assalam o alaikum my dear if over confidence capabilty is become more in us then we become a bad man and we earn alot of loss in the form and we become a shameefull person in the market

ham ko har wo kam overconfidence kar deta hai jo ham ne aik ya do bar kiyaa hota hai is liyaa ham ko is cheez say bachna chahiyaa or confidence level ko bas aik limit me he rakhana chahiyaa

of course you are right ,never be overconfidence always think deeply before selling or buying any product ,trust yourself but do not be overconfidence.

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.

sir ek dost hai usnay 500$ say account open kra or 2100 tk chala gya mainay kaha bhai position kaat do lakin uski zid thi kay abhi nahe 3500$ pr katunga phir market nay achanak say ruk change kra or vo total loss kr betha!!

I think in the forex market having a comprehensive knowledge and skills is so important if any trader want to succeed that is why we must first of all work hard and know what we want to become good. Practice is the best in the forex market so first of all work hard and know what you cann do. I dont think that there is anything like simple strategy in the forex market because I think there is none any strategy which you use in forex you work hard for it so its good to keep your strategy up to date.

Jab hum forex trading main overconfident ho jaty hay to eska result theak nahi hota kyun keh hum samjhty hay keh market main jo bhi trade lgaty hay wo theak hoti hay but aisa nahi hota.