What is the effect of overconfidence in forex

jab hum apni trading overconfidence say karty hai.to hum ko is business main loss ho jata hay.kue kay overconfidence ki waja say hum is business main baray size ki trade karty hai.jis ki waja say hum ko apni trading main loss ho jata hay.is liya is business main hum ko overconfidence say trading ko bikul nahi kerna cahiya..

mare dost kahte hia ke over confidens karna achi baat nahi q ke ya over confidens hi insan ko le dobta hia is main app ko loss hi loss hota hia is lya kahte hia ke forex trading main over confidens nahi hona chaye

I think overconfidence is very bad thing, whether it is for trading or something else. overconfidence ap ki sochny ki power ko htam kr deta hai, aur ap ko lagta hai k ap har jaga pe faida hi faida hasil kr skty. aur haqiqat me aisa nai hota. So you should be confident but do not overconfident

hmain is main ek sahe faisley kerna hota hey jis mian hmain us faisley keh liey market ko smjna hota hey aur ache tarah analyse krney keh bad he decide krna hota hey h keh hmain buy kerna hota hey ya sell ager hmaiin analyse sey pta chla h keh sell ke trade bunti hey aur hm kahen keh ni buy hey to yeh to ek kism ka tukey main shamil ho jata hey aur yeh bhe overconfidnet main a jata hey

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.

aik bande ka acha confident hona forex per bohat asar andazt karta hai kee woh easily market main trade karta hai or kisi cheez see daray begair apne analyzing ablity ko use karta hai kyun kay ussay apne per aitmaad hota hai kee woh kuch ghalat nahi karay ga so i suggest kee trade always confident....

yes i think that loss is the main reason of overconfidence so we should avoid to take big risks and overconfident then we can make a lot of money from the forex trading market and can change our life...

Don't become an overconfident in trading because you lose a big amount due to this fact.Overconfident makes you a bad trader and you loss every time then.

over confidence ka to bohat hi bura asar parta hai hamrari trade par kyun kay hum agar zara sa bhi over confident hojaen aur ziada laga en market main to hamara loss bhi hosakta hai

I think, 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 do not trade once you achieved your daily targets.

over confidence wala forex trading me hamesha mar khata hay or phr usko forex trading me loss hi hota hay islie forex trading me kabhi bhi ap overconfidence wala kam na kare kyu kay woh apko loss me le ke ja sakta hay or apka account bhi khali ho sakta hay islie forex trading me soch samjh ke chale.

dear friend confidence ho to acha hay insan ko apnay oper mager over confience nahe hona chahyia q kay pir admi may ghuror a jata hay aur pir loss kerta hay

Of course right over confidence invite the several problems, it makes the trader failure soon, and also due to over confident we can have to face the loss so be confident but not over confident, then we can be successful person of the forex, and also we can make the disciplined trading.

friend forex mai overconfidence boht he harm ful h,is sy ham apny stratigies ko or acha nhe bna sakty hain,is mai hamara he nuqsan h,jo hamain agay k bajaey peechay lay jaey ga

dear ap jab bhi over hoty hai to ap ko loss hi hota hai kyn kay ap aus time hi ghalt trade lagaty hai aor apna loss karwa bethty hai

overconfidence is a non control of emotion effect , when we have ... DOnt ever be overconfident in forex trading forex is a very risky and tricky ...Because of overconfidence you may lose your all capital or profits in any ... impact on his trades so over confidence is bad for forex trading ...