davils9 Posted May 26, 2013 Share Posted May 26, 2013 greed is most harmful for forex. if a man can not control his greed he would not be success in forex market. so we need to leave our greed and start our trading with a cool mind. we can learn more about forex and then start it. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 7, 2013 Share Posted June 7, 2013 The position of greedy when you cannot control your desire to get profit over and over again, even you already reach satisfy profit but you want to keep trading and also doesn't want to stop. i think that is the exact position to greed, and i am not sure you will reach profit more and more. Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 9, 2013 Author Share Posted June 9, 2013 Greed is most harmful for any business. So I think it will be better to control the greed. There are no business, that will be increase with greed. So we should leave the greed and be an honest and hardworking man. A hard working man can increase his life and be success in forex. Then he can earn more by the forex. Quote Link to comment Share on other sites More sharing options...
euro Posted September 17, 2013 Share Posted September 17, 2013 Its hard not to get greedy in the forex market since its so profitable to some people. they can make money from it so why not. If you're making money from something, you should be more greedy to make more money right. I think that is something that most trader will not be able to get rid of completely and they will continue to use that as fuel to keep them going forward and trade many more successful trade. So if use in the right way, its a great fuel but also a ruin if not use in the right way. Hard if you are not greedy for money. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 18, 2013 Share Posted September 18, 2013 In forex we really should not get greedy. If we are not greedy profit but loss that we get what we get. Tips should be able to control our greed. consistent profit will be much better, than the big profit but rarely. Exercise on a regular basis, I think enough about trading to hone our skills. By doing so, we will generate trading profits consistently. Quote Link to comment Share on other sites More sharing options...
standart Posted September 18, 2013 Share Posted September 18, 2013 yes, greed is harmful. trader always risking high margin and it same like they are trading without proper risk management plan. they are don't know their risk tolerance and it usually cause them suffering huge capital decrease when they are make wrong trading decision and suffering loss. Quote Link to comment Share on other sites More sharing options...
euro Posted September 18, 2013 Share Posted September 18, 2013 yes, greed is harmful. trader always risking high margin and it same like they are trading without proper risk management plan. they are don't know their risk tolerance and it usually cause them suffering huge capital decrease when they are make wrong trading decision and suffering loss. Yes, its very harmful and more so when they make the wrong decision and suffering a loss and had too many open trades with high capital. This should always be avoided. They should trade with proper trade risk management and many don't use it. There are some that risk high margin as well and it will cause them to lose all of their money. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 26, 2014 Share Posted January 26, 2014 Greed will make you lose more than you bargained. It covers your eye on what is right when it comes to trading and the safe way to trade. What the trader tends to see is the way he can make a lot of profits from his trades and close his eyes on the likelihood of losing. A greedy trader rarely finds a good way to trade. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 position for greed is looser, they alway s lose in any trade. trade without strategy and good planning can make you loss and is very hard to earn profit! so I hope you can know what the best way for earn profit with right. Quote Link to comment Share on other sites More sharing options...
standart Posted February 10, 2014 Share Posted February 10, 2014 greed has role to lead traders get lousy result in trading. make traders to get margin call faster than able to see that capital growing fast. so, we need to remain control our own greed. use proper money management in trading since traders not only deal with profit result, but deal with loss too. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 10, 2014 Share Posted February 10, 2014 when we can get some profit we thing to make more profit at one time which is not best we have to settle our target to increase our profit which is best we can not be a greedy greed is bad for us so dont make yourself greedy in forex field Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 Greed it self seems to be very dangerous what I know is that its not good to be trading with greed this is far more than risky so what I do is for me to try my own possible best and be sure that i cutdown on greed which is not good Quote Link to comment Share on other sites More sharing options...
Decub Posted February 23, 2014 Share Posted February 23, 2014 The real position of greed is that it makes you lose quick. You will be very surprised at how fast and huge you will lose when you want to lose. It's not like when you are cautious. A greedy trader loses as fast as possible and before he could say Jack Robinson, he would have gotten an MC. I am yet to see the overall advantage of being greedy. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 12, 2014 Share Posted March 12, 2014 The greedy traders will be able to lose their money because they are trading with greediness. Greediness is not good vector is going to make the traders who are trading in the forex market not to be able to manage their account. It is good for the traders who want to make money from their trading to know how to control the risks. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 12, 2014 Share Posted April 12, 2014 Greedy traders quit Forex much faster because of over expectations. They want to make fast money from Forex and they only end up losing fast. It is better for the trader to trade with caution and as though he would fail the next trade than trading with greed. It is only wrong to assume that Forex is a place for riches. Quote Link to comment Share on other sites More sharing options...
standart Posted April 13, 2014 Share Posted April 13, 2014 Actually, 100-300 pips per month is good actually. however, many traders being greed and tried to acquire thousands pips per month. they are search a method to enabling them to gain such pips target. but as we know that market move unstable, no matter how good a trading system is, it can't lead traders to be rich very fast. Â Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 14, 2014 Share Posted April 14, 2014 once we could possibly get some gain we factor to create much more income at one particular time which isn't finest we should settle our focus on to increase our earnings and that is finest we can not be a greedy greed is poor for us so don't make on your own greedy in forex subject. Quote Link to comment Share on other sites More sharing options...
Ashley Cole Posted July 7, 2015 Share Posted July 7, 2015 Greed in my view is losing position, if we want to win then we must be going with patient approach. I am very lucky that even though I am patience yet opportunities comes running to be thanks to OctaFX broker and the low spread of 0.2 pips, it’s extra ordinary to be working with such low spread. I am able to perform really well and all my earning comes without any risk of losing, so that is what makes me a better trader and puts my above any greedy position. Quote Link to comment Share on other sites More sharing options...
Stekin Posted July 8, 2015 Share Posted July 8, 2015 Greed in my view is losing position, if we want to win then we must be going with patient approach. I am very lucky that even though I am patience yet opportunities comes running to be thanks to OctaFX broker and the low spread of 0.2 pips, it’s extra ordinary to be working with such low spread. I am able to perform really well and all my earning comes without any risk of losing, so that is what makes me a better trader and puts my above any greedy position.Greed is not that you are losing a position but because that you lost that position due to the fact that you did not follow your knowledge and plan and you are subjected to emotions. You know that emotional trading is one big thing which can make you to lose a lot of money because you will just end up not knowing how best that you can even handle yourself once you start trading with emotions. Quote Link to comment Share on other sites More sharing options...
myregister Posted July 8, 2015 Share Posted July 8, 2015 Â Not exactly the most harmful, it is just the same like fear. Sometimes fear also helpful if a trader still know it and obey it in the right time. Without greedy you may don't trade now and this is why we must controlling greed at all cost not just only eliminate it. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted July 10, 2015 Share Posted July 10, 2015 we should be discipline when trading. Dont be greedy because it will make leverage be like a boomerang. Our account will get loss, even margin call. The most important is not how much leverage which are using, but how we maximize it. I use leverage 1:500 in TICKMILL Quote Link to comment Share on other sites More sharing options...
Stekin Posted July 14, 2015 Share Posted July 14, 2015 Not exactly the most harmful, it is just the same like fear. Sometimes fear also helpful if a trader still know it and obey it in the right time. Without greedy you may don't trade now and this is why we must controlling greed at all cost not just only eliminate it.I don't think so. The thing there is that there are so many people who think that greed is something that is normal in Forex but they also fail to realize that the person who is always greedy may end up finding it so difficult to understand how to manage his or her emotions. To be a greedy type of trader has the negative part of it on the trader because Forex is one type of business where you will learn to excel when you have that commitment to do it that way. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 14, 2015 Share Posted July 14, 2015 we should be discipline when trading. Dont be greedy because it will make leverage be like a boomerang. Our account will get loss, even margin call. The most important is not how much leverage which are using, but how we maximize it. I use leverage 1:500 in TICKMILL 1:500 is fine, actually i have plan to use that much but stick with 1:200 is the best since that is twice as much as 1:100 which many fx trader defined as standard leverage in many forex broker. Leverage will increase our greed that will help us but also make our reality distorted make us afford bigger capital faster. Quote Link to comment Share on other sites More sharing options...
Baazex Posted December 8, 2019 Share Posted December 8, 2019 In trading business traders are always trying to get maximum profits its natural even greed is also natural emotion but a trader must be very realistic and this thing you can learn by experience and practice controlling the greed is essential Quote Link to comment Share on other sites More sharing options...
uncle gober Posted December 11, 2019 Share Posted December 11, 2019 the existing business must be able to run well, this is done and needed so that traders can become better and more optimally in carrying out trading activities in accordance with expectations with Tickmill. Quote Link to comment Share on other sites More sharing options...
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