davils9 Posted June 10, 2013 Posted June 10, 2013 I think if a trader want to be rich from forex, it is better to control his greed. By the greed man can not prosper in forex market or any where any business. So control the greed is most important and it is the better way of success. Quote
euro Posted September 17, 2013 Posted September 17, 2013 Well, sometimes that could work for us, greed. The greedier you are the harder you work so greed is not bad if used right as fuel. Now, it could be people's fuel. They could live a good life if they're really greedy. Its what is pushing you to make more money. Greed is not bad sometimes you know. However, if use wrong in trading, he can be like a gambler and lose a lot of money by being too hasty or open way too many trades. Quote
standart Posted September 19, 2013 Posted September 19, 2013 greed is harmful, trader need to control it if want to keep survive. they should use proper risk management and not always risking high margin per trades. even though it will lead trader get high profit, but in other hand when suffering loss, will create high capital decrease. Quote
gaban Posted September 28, 2013 Posted September 28, 2013 greed will bring harm to our trading. In forex we really should not be greedy. If we are greedy, not the profit that we get, but we get the loss. We 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 make a profit trading consistent Quote
euro Posted September 30, 2013 Posted September 30, 2013 greed will bring harm to our trading. In forex we really should not be greedy. If we are greedy, not the profit that we get, but we get the loss. We 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 make a profit trading consistent Yes, we should control our greed as it will harm us and lead us to behave like gambler and forex is not a place to gamble. We must make good decision on every trade. We must know what we're doing. We must not lose money. We should build consistent profit and don't get all impulsive and open way too many trades and not go to sleep and then open trades in a bad market, as all will lead to miserable losses. Quote
Decub Posted January 26, 2014 Posted January 26, 2014 It is no longer news to say that greed is just a bad omen in trading and it is something no trader wishes to exhibit. It is the main reason a lot of traders eventually lose and something worth avoiding entirely. It hurts much more because it makes you lose from an avoidable circumstances. Quote
CahCuncun Posted January 29, 2014 Posted January 29, 2014 Yes, we must control greed. Trader must control their emotion if we want to sucess in forex. It would better if we can make profit consistently than make hude profit but we lose our money next trading. Keep learning to be able to get more maximal result, improve our trading skills and we must also learn from trading experience. Quote
adil007 Posted January 29, 2014 Posted January 29, 2014 Well of course if we do not control greed we cannot make profits, we might make once or twice when we are greedy by luck but we cannot make profits always and this greed of our for more profits would lead us to direct loss in fact which no one would want to suffer so it is better it control it than have loss in the end. Quote
surya77 Posted February 8, 2014 Posted February 8, 2014 you right control the greed and emotions is the best way to become usccess in here, so good self control and perfect trading system is best way to become success in forex and ohter investment field. Quote
waseemilyas Posted February 13, 2014 Posted February 13, 2014 if we can control the greed then we can earn huge monney in the forex which is so best for us .greed is bad thing in every work if we can control it then it is a very good for us it is not so easy to control the greed in tthe forex because these work offer us to earn huge profit Quote
Decub Posted February 17, 2014 Posted February 17, 2014 Having that control over our emotions is always a better approach to trading in Forex. We are naturally bound to react to our emotions and sentiments to money or anything we treasure. This act affects us and the way we trade. In other to control it, we simply have to understand the need to realize how risky Forex is. Quote
adil007 Posted February 20, 2014 Posted February 20, 2014 In my view greed is a negatve emotion in forex trading, we must not only control greed but also all other negative emotions whose interference in our trading could make us suffer from losses in this field as forex trading is very risky so we must have a good approach to it with caution. Quote
standart Posted February 20, 2014 Posted February 20, 2014 the best way to control the greed is stick with strategy and risk management plan. if traders trade without strategy and risk management guidance, can be sure they'll trade with bad attitudes. they can end up with over trading and even being aggressive because their greed take control over. Quote
tray22 Posted February 21, 2014 Posted February 21, 2014 A trader actually need to controlled his greed if he wanted to succeed in the forex trading as well because forex is not for greedy people and if attempt to do forex trading with greed then there is high chance that you will fail Quote
Decub Posted March 5, 2014 Posted March 5, 2014 Greedy traders don't really react well to Forex. They are always on top of their games in their minds while in the real sense of it, they hardly gain those things which they desire. Greed is a very bad form of trading which is capable and liable of landing the trader into unforeseen losses. It is something all traders really need to work on. Quote
standart Posted March 6, 2014 Posted March 6, 2014 misunderstanding about the risk make traders become greedy. they are unaware with the fact that this business don't lead them to be risk overnight. require to manage the risk till minimum level. which mean, they can trade aggressively since it increase the chance to get margin call. Quote
Stekin Posted March 7, 2014 Posted March 7, 2014 It is better if the traders will learn how to be able to control their greediness. Greediness is not good for the trader because forex trading business is not a money making machine. When the trader is trading in the forex market, he or she will learn how to cut down his or her emotion to avoid greediness. Quote
waseemilyas Posted April 18, 2014 Posted April 18, 2014 trader want to control it if want to help keep endure. they ought to use excellent chance management as an alternative to generally risking sizeable margin for each trades. Though it'll direct trader get substantial monetary obtain, but in other hand when battling reduction, Quote
Decub Posted April 19, 2014 Posted April 19, 2014 Greed is a part of emotions that always feel very hard to control. The way it comes is to make you see Forex as a place to make some huge profit and a place where you can make a lot of money. That is quite a wrong impression of what Forex really is. It is not a place to satisfy all financial desires but where you can make profit from your hard work. Quote
myregister Posted November 10, 2014 Posted November 10, 2014 Controlling greed is the best thing that you can do but controlling greed is not an easy way to become. Traders need to be patience and also has high dedicated to trade well, Avoiding to be greed is also controlling your greed, isn't it? Quote
uncle gober Posted November 13, 2014 Posted November 13, 2014 Trader must be able to control emotion, including greed. Thankful for what we've get in forex. we can use small amount in forex. We can try to hone how to control emotion in forex. In Armada Markets, trader can use classic account , it will be a way to maximize skill Quote
CahCuncun Posted November 13, 2014 Posted November 13, 2014 greed is very bad for our trading, for that we need to minimize the trading greed by trying to trade with the maximum. We need to have a trading plan that greed can be minimized with good trading. That way we will be able to succeed in this business. Open a PAMM account with TenkoFX for the chance to manage up to $100,000 Quote
aliforex Posted November 13, 2014 Posted November 13, 2014 greed is very bad for our trading, for that we need to minimize the trading greed by trying to trade with the maximum. We need to have a trading plan that greed can be minimized with good trading. That way we will be able to succeed in this business. Open a PAMM account with TenkoFX for the chance to manage up to $100,000 We must control it if we want to get maximal result in forex. If we are be greedy trader, we will not be able to get more maximal result. We must know how to minimize the risk and money management skills should be disciplined. Quote
myregister Posted November 14, 2014 Posted November 14, 2014 See, this is not about eliminate the greed but controlling it. Many traders i found in my way said greed is bad, greed is harmful and should be eliminated and other reasons why it should be like that. In fact, we still need greed, we need it to motivate us but in good ways and the only one way is by controlling it. Quote
gaban Posted June 3, 2015 Posted June 3, 2015 we need to control greed is good because doing so will allow us to trade with the maximum. Greed will only make us lose trading. We need to minimize the trading greed by trying to trade using small capital and keep in good MM Quote
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