What is the effect of overconfidence in forex

over confidence invites greed and when you greed you may have to face margin call and this margin call may wash your whole capital. In order to avoid greed you must set some targets and follow them and do not trade once you achieved your daily targets.

g apka question bht acha hai overconfidance ky achy or bury 2 trha ky effekt hoty hain ,forex trader agar over confidance ho jay to wo apny apko aik chez samjny lagta hai jis ki waja sy wo y sajta hai ky jis trha sy wo trading kar raha hai wo bht thek hai or wo bht sary rules ko bi obay nhi krta jis ki waja sy usy bht loss ka samna krna parta hai.....

overconfidence aap ki investment ka aap ki trade ka aap k profit ka dushman hai. yeh tab hota hai jab aap k aik do trades bagher kisi hikmateamli k kamyab ho jati hain to aap me over confidence aajat hai k me to bagher knowledge profit kar sakta hun phir jo mazeed steps tukke marte hain to phir loss hi hota hai.

I believe that one of the effect of overconfidence is the fact that it make you to trade with high risk and poor trading decision. i remember when i become overconfidence in my trading whereby i do not wait for the confirmation of my signal before taking trades and at the end i loss all my capital

Forex trading iak bahot acha business ha hum ko is main kam karta rahna chahia ya hum ko ahmra kam akrna ka apsia data ha

kisi b profession main ya business main kbi b over confidence ni hona chahihy jis se bad main apko kafi nuksan uthana paray kyn k jb insan apny ap ko perfect smajta ha wahin se uska zawal start ho jata ha ...

dear brother.......bukhat hi bura asar perta hai trader per jeb wo apny ap ko overconfidence samajta hai .......jis say wo profit b kerta hai .....per zayda ter wo loss ki hi traf chala jata hai.

overconfidence insan ko doba deta hai specially wahan jahan profit k sath loss b ho ap ankhein band kar k agar ak trade laga detay hain analysis nahi kartay toh ap loss ky chances barha detay hain walt street jo ky kabi best broker tha aj road pe hai sirf aur sirf apnay overconfidence ki wajah sy

Over confidence is some thing that can kill you in the market and it will throw you out, so work hard to keep your pace slow, as some time you feel that you can earn the money, but the game went to the loss, so work for the learning.

overconfidence is a non control of emotion effect , when we have confidence on marrket the lose will be hard for us to support it so we have to manage our emotion befor manage our investments

Forex trading main aap apnay experience kay hissab say trading kea karrain takeh aap ko iss trading main loss hoanay ka andaisha nhe ho aap ko knowledge hasil karnay aur skils hasil karanay jki ashad zaroorat hoati hay jo aap threads say ya apnay doston say bhe seekh saktay hain

Forex me overconfidance hona bahot buri adat hy.Overconfidance ko dosery lafzo me ham lalch b k sakty hane or lalch se kia hota hy ye ham sab ko pata hy.ye overconfidant tab hame hota hy jab ham trad me profit earn kerty hane or zayada k chaker me ham lalch ker jaty hane jo hamery ley loss k baes banta hy

bhai over confidence se ye hota hai keapko is mien profit nahi ho pata aur apko is mein loss hi hota hai ap is mein kamiyab nahi ho paate aur over confident hokar over trading karte hain aur apni saari money lose kar jaate hain,

Forex trading market main over confidence ke bad effect hi parte hain. jist tarha kisi bhi kam main over confidence harmful hota ha ici tarha forex main bhi over confidence boaht ziada harmful hota ha.

jnab mera khyal main to forex trading main over confidence boht he loss dai sekta hai na serf forex trading main demo account life k her akk point per serf loss ki traf lai ker jata hai lakin confidence akk boht he positive component hota hai forex trading ka :)