aliforex Posted September 8, 2016 Share Posted September 8, 2016 Control our emotion when we trade if we want to earn maximal profit in forex trading. Controlling emotion is not easy but it doesn't mean that we can not do it Quote Link to comment Share on other sites More sharing options...
myregister Posted September 9, 2016 Share Posted September 9, 2016 Sure if i can leave my greed and able to trade without greed i will be the master of the trading. Even the master itself cannot leave their greed. It will be always exist no matter what, and just like what aliforex said, control our emotions. That is the key. You are not robot which can completely leave your greed behind, but you are a human who can control it for good. Quote Link to comment Share on other sites More sharing options...
aliforex Posted September 9, 2016 Share Posted September 9, 2016 Sure if i can leave my greed and able to trade without greed i will be the master of the trading. Even the master itself cannot leave their greed. It will be always exist no matter what, and just like what aliforex said, control our emotions. That is the key. You are not robot which can completely leave your greed behind, but you are a human who can control it for good. Yeah, all traders must understand it. If we trade with uncontrolled emotion, it will just lead us to losing money. Surely, all trader don't want it. We trade in forex to be able to earn money. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 12, 2016 Share Posted September 12, 2016 Yeah, all traders must understand it. If we trade with uncontrolled emotion, it will just lead us to losing money. Surely, all trader don't want it. We trade in forex to be able to earn money.Yes about control emotion is very important here in trading, because if we reckless in decision making and having tendencies to use high risk taker hence once failure will making drop our mentality and might we can angry and thyen fail eventually, forex trading need patience and also good psychology trading Quote Link to comment Share on other sites More sharing options...
skyrock Posted September 12, 2016 Share Posted September 12, 2016 Greed is one of those dangerous equipment which anyone can have so for this reason I can say that we need to try and avoid greed to be on the safe side this alone can bring you success Quote Link to comment Share on other sites More sharing options...
bearhugs Posted September 14, 2016 Share Posted September 14, 2016 Greed is very bad in forex because it is what cause the loss of many traders today, it make us to take unnecessary risk and cloud our sense of judge so avoid risk if you want to last in this business. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 15, 2016 Share Posted September 15, 2016 Greed is very bad in forex because it is what cause the loss of many traders today, it make us to take unnecessary risk and cloud our sense of judge so avoid risk if you want to last in this business.Yes of course many experience already proven if trader that often greedy in trading usually will faced with failure, and we can manage money in trading with proper risk management and money management in trading which although we have good system but we use bad money management also will fail Quote Link to comment Share on other sites More sharing options...
Levie Posted September 16, 2016 Share Posted September 16, 2016 Sometimes motivates us to be eager to get good profit here. but it's not good for traders. Better get proper knowledge it could help you create effective and profitable plan. Quote Link to comment Share on other sites More sharing options...
Levie Posted September 16, 2016 Share Posted September 16, 2016 Sometimes motivates us to be eager to get good profit here. but it's not good for traders. Better get proper knowledge it could help you create effective and profitable plan. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 21, 2016 Share Posted September 21, 2016 Experience is the best teacher, and therefore as a trader ever we must be willing to learn from our experience as well. Maximize demo account to practice or can also be a contest in TICKMILL Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 22, 2016 Share Posted September 22, 2016 In forex trading need strong mentality as trader they need having good mental trader because in fact about psychology trading has high role during trades, many trader that often following emotion in trades hence they usually will trade with greediness and this is not safe trading anymore Quote Link to comment Share on other sites More sharing options...
myregister Posted September 26, 2016 Share Posted September 26, 2016 Why you should leave your greed while this greed is actually the part of you which you just need to suppress and control? For me greed is something which we must control, it is not thar bad if we are greedy enough, we all trade in forex because we hope to get much profit which make us greedy before, right? I don't say greedy is good but in right amount you can be a better trader. I can say be greedy intelligently. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 26, 2016 Share Posted September 26, 2016 Yes I think as trader also need pay attention with the risk and avoid greedy in trading because usually only leading to get failure, in trading forex that included as high risk high return as trader need always trade with fully discipline and able generated good profit in regular basis Quote Link to comment Share on other sites More sharing options...
aliforex Posted September 27, 2016 Share Posted September 27, 2016 Greed is an uncontrolled emotion and trader need to control their emotion when trading. Forex trading is risky business. If we can not control out emotion when trading, we will not get more profit. I think we can try to use small amount in real account first. Try to understand our trading psychology Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 28, 2016 Share Posted September 28, 2016 indeed forex trading is not easy, therefore we need to be able to have enough stock for trading we can do well. we have much to learn and practice well so that we can manage capital well. With a demo account or enter a contest demo then we can study well Quote Link to comment Share on other sites More sharing options...
bearhugs Posted September 29, 2016 Share Posted September 29, 2016 Greedy is not good attitude for forex trading because it will be more easier affected us to make over-trade and never control the money management system again. So it is better to leave greed if you enter in Forex business. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 29, 2016 Share Posted September 29, 2016 Yes all trader agree if greedy actually not good for trader and maintain account with greedy in trading usually will often fail, and as trader better if always trading with money management and risk management, if any trader can discipline with risk management hence as trader will can survive for long run in forex and might we often hear only small percent trader can making money in forex Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted September 29, 2016 Share Posted September 29, 2016 Yeah...! Greed can destroy any business, and it is too much Harmful in Forex Trading, thus we need to keep it aside while trading. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 4, 2016 Share Posted October 4, 2016 I think so many trader already proven if they greedy in trading hence only will facing with failure eventually, although possible making huge profit but if only because lucky hence greedy if already as habit usually will fail eventually, in trading forex as trader need using risk management like as expert suggested just take risk less than 5% each plan trading Quote Link to comment Share on other sites More sharing options...
Dion Ebrahim Posted October 4, 2016 Share Posted October 4, 2016 Yeah, it’s absolutely no doubting that greed is very dangerous and the worst part is, it’s not even known to use that we are doing such horrible things just because of greed, but one thing that we must analysis and that is lack of understanding that leads towards greediness, if we are well-educated and have enough experience than we will easily avoid greediness, but since we lack in those departments, it’s always harder to control. So far, I have been able to do it well with great support of OctaFX broker and their favorable features which include having low spreads from 0.1 pips for all major pairs to high leverage up to 1.500 and also epic rebate program, so that sets me well for not over trying and avoid been greedy. Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 5, 2016 Share Posted October 5, 2016 Choosing leverage for trading purposes as trader also they need understand with high leverage, actually this is also like as using double edge of swords, which as trader might they can making big profit from high leverage, but if trader they can control emotion using high leverage if always strict using risk management hence still can giving many benefit Quote Link to comment Share on other sites More sharing options...
aliforex Posted October 6, 2016 Share Posted October 6, 2016 Don't be greedy if we want to earn more profit. We must control our emotion. trade with our skills not emotion. Because if we trade with emotion, I'm sure it will be quite difficult to make profit consistently Quote Link to comment Share on other sites More sharing options...
Jimmy Cook Posted October 6, 2016 Share Posted October 6, 2016 If we don’t leave greed than we will be left without any money at all, so that’s why we have to make decision or just stop trading. I made my decision years back when I stopped gambling and started trading. This change was thanks to TradeWiseFX and their free demo account and various helpful articles, it’s all what has helped me massively and allowed me to succeed! Quote Link to comment Share on other sites More sharing options...
Squirrel Nuts Posted October 7, 2016 Share Posted October 7, 2016 Don't be greedy if we want to earn more profit. We must control our emotion. trade with our skills not emotion. Because if we trade with emotion, I'm sure it will be quite difficult to make profit consistently Yeah...! Greed kill our senses to think in Forex Trading and hence it could make us lose everything that we have earned so far. Thus we don't need to be greedy. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 8, 2016 Share Posted October 8, 2016 A trader must strive to hone owned trading due to the ability of a good trader that will help traders to maximize the funds in the trading account. Utilizing also contest or demo trading account to practice trading experience can give us further. Quote Link to comment Share on other sites More sharing options...
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