What is the effect of overconfidence in forex

Throughout foreign exchange around self-assurance cards greed and when a person greed you may have to face margin call which margin call may perhaps rinse the whole funds. To prevent greed you should set many focuses on and also abide by these and do not trade when you accomplished your current regular focuses on.

i think jaha tak may sumjta ho or jaha tak mara kiyal hay forex trading may overconfidence bhot hi pori bimari hay bhi g overconfidence to acahay trader ko bhot zada noksan may ly ata hay is liya forex trading may over confidence nhi hona chay

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.

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

mara khal mein tu forex mein over confidence nahi hona chaya kyun k forex mein jo bhi over confidence hota hain tu wo koi na koi mistake kar leta hai jis ki waja se us ko loss ho jata hai forex mein hum ko bhut soch samj kar trading karni chaya. kyun k ya baat sb ko pata hai k forex mein agar profit hai tu loss us se bhi ziada hai.

forex trading main confidence bohat zaroori hai. agar aik trader confident nahi hai to wo kabhi bhi big profit nahi kama sakta. un-confident person hamesha yahi sochta rehta hai ke main trade sell ka ya buy ka lagaow ya na lagaow. isi chakar main wo ghalt decision lay leta hai. humein confidence ko kabhi nahi chorna chaiye.

bhai hum ko kabhi bhi over confidence nahi hona chahiye kiun ke is se hum ko just loss he hota hai and hasil kuch bhi nahi hota hai hum ko forex se best business kabhi koi nahi mil sakta hai .

mere khyal sa to bussiness ma ager apna confidence dekha to bht acha hota hain or iss sa apko experince be acha hota hain lakin ager kis ma over confidence hoto wo kabhi be kamyabi nh ho sakhta hain ...........

g kisi bhi field mein over confident nai hona chahye kiun ke is se ap apna asal momentam kho sakte hain aur apki trade pe iska bura effect par sakta hai is liye over confidence nai hona chahye chahe ap jitna ziada successful ho jao.

bilkul main aap ki baat se strongly agree karta hon q k bohat se banday bohat ziada laiq or talented hotay hain lekan wo sirf overconfidence ki waja se maar kha jate hain or un main sirf yehe 1 khami hoti hay

after greed the most dangerous vice that is commonly exhibited by many of the corex traders is the traderz overconfidence. the dependence on the past performance of a well trusted Expert advisor or Indicator is a majour cause.

confidence is really need for trading business but over confidence is harmful to forex trading . for overconfidence we may loss in trading business . so we should no become over confidence to work .

G bhai to bat aisi hy ke is mian overconfidenc zara mazak main ajati hy or is mian phr apko kafi zhydha nuqsan hota hy or ap is mian agy nahe ja sakty our han ism ian ap agr trading karty ho tou us mian time apko kafi zhydha ahtiyat karni hoti hy warna is mian apko phr nuqsan hota hy wo bhi kafi bharra

good question dear overconfidence ke forex me bhut effect parta hai agar jab hum ye soche ge ke hum expert hai trading me koi mujh se achi trading nai kar sakta ye hum garore karte hai or garore ka seer humesha nechaa hota hai or se galti hone per loss ho jata hai

forex ma wasa ap over cofidence nahi ho sakta kiu ka ya ap ko loss ka sawa kuch nahi data is lia is sa bachna chahia kiu ka baz uqat ak do martaba ap faida mahsoos karo ga magar bad ma nuqsan hi uthao is lia is sa bacho or kabhi apna temperament loss na karo

a very negative impact occur on the forex if you will do the trade in the forex with the overconfidence ,the confidence is the most important but the overconfidence is the bad ,so friends do not trade with the overconfidence