kiranchandra Posted October 17, 2013 Share Posted October 17, 2013 I See this most of the times , People when they make profits out of trading , really dont satisfy with what they got and reinvest in shares and get huge losses for their bank. Did this happen with you anytime ? How much did you loss? Quote Link to comment Share on other sites More sharing options...
standart Posted October 26, 2013 Share Posted October 26, 2013 greed lead traders to perform aggressive trading which ignore the important of risk management. traders will suffering big loss when they are risking high margin per trade. and rather than traders trade in such way, better keep patient by use small margin per trade. it'll give them small loss impact. Quote Link to comment Share on other sites More sharing options...
rofi93 Posted October 28, 2013 Share Posted October 28, 2013 it happened with me...i made some good profit in last month and i became greedy and wanted to make huge profit that's why i took high risk in a position...but, i lost a lot of money and blown up my account... Quote Link to comment Share on other sites More sharing options...
standart Posted October 28, 2013 Share Posted October 28, 2013 better if traders keep stick with original money management plan before they are able to make the capital double or triple. risky to increase margin per trade when traders not double their capital yet. it lead them to not calm in trading and often, lead traders make mistakes. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 31, 2013 Share Posted October 31, 2013 Every trader ever experienced loss. Usually when we get quite a lot of profit, we will not be satisfied. We tend to get more profit. As a result we become greedy trader. By investing substantial capital in the hope of profit obtained is also greater. But that we can get loss. We must remember that forex is high risk. Greed will only make trading we experience loss and loss . Quote Link to comment Share on other sites More sharing options...
davils9 Posted November 10, 2013 Share Posted November 10, 2013 Forex is a most important business. Every man of the world like it so much and I also like it. Forex is better for the student and woman who can make money from home and enjoy their life very much. So I like it so much. Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 12, 2013 Share Posted November 12, 2013 I have not yet done forex trading in a real account but only in a demo account so in demo account I don't think that anyone is greedy in the demo account and same is the case with me. However I think if one would not be satisfied with the profits he/she gained and would get more greedy I am sure that we would have loss on his/her side in the end. Quote Link to comment Share on other sites More sharing options...
davils9 Posted November 13, 2013 Share Posted November 13, 2013 Forex trading is a good business and I like it so much and I want to be a good trader. When a man want to be a good trader he need to be honest and and need to leave his greed and I also want to be like that. So be care and like it. Quote Link to comment Share on other sites More sharing options...
pepy Posted December 1, 2013 Share Posted December 1, 2013 I ever get MC once when i controlled by greed, and that is not a good feeling that i must be proud of, i think that is as the one of the best experience that i ever got in my career as forex trader, and all trader shouldn't do something like that greed that uncontrollable will make trader loss easier. Quote Link to comment Share on other sites More sharing options...
davils9 Posted December 6, 2013 Share Posted December 6, 2013 Greed is most harmful for forex and man can be looser for his greed. So at first we need to leave our greed and be honest then start our trading. The we will be happy in forex market. Quote Link to comment Share on other sites More sharing options...
davils9 Posted December 7, 2013 Share Posted December 7, 2013 Greed is most harmful for a successful trade. So all we need to leave our greed and we need to be honest it will be better for us. Then we can be success in forex market and we will be success in life. Quote Link to comment Share on other sites More sharing options...
gaban Posted December 9, 2013 Share Posted December 9, 2013 greedy will only bring our account experience loss return . Therefore, we should not be greedy. When we experience a loss, we can do an evaluation. so that we know where we are trading mistakes. So we can fix it. By doing so, we will not repeat the same mistakes. When we get a loss should not revenge that loss can be covered. Quote Link to comment Share on other sites More sharing options...
euro Posted December 14, 2013 Share Posted December 14, 2013 I do see greed as a huge problem for all traders and they can lose lots of money if they chose that method. Greed can cause you to lose even more and revenge trading is not the way. So, do avoid revenge trading as much as possible. I think its wise to step away when you lose. If you lose, then don't invest too much time into it cause you will lose even more. I think its dangerous to lose money. As a trader we must learn to control ourselves and know when to walk away and when to stay. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 16, 2014 Share Posted January 16, 2014 Generally, greed is a bad omen so far as Forex is concerned. When a trader is greedy, it takes away the normal sense of reasoning he should have about Forex and makes him think in a way that seems Forex is such a place where he can easily take advantage of the market at will. Greed is capable of making a trader lose where he would have gained. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted January 16, 2014 Share Posted January 16, 2014 Generally, greed is a bad omen so far as Forex is concerned. When a trader is greedy, it takes away the normal sense of reasoning he should have about Forex and makes him think in a way that seems Forex is such a place where he can easily take advantage of the market at will. Greed is capable of making a trader lose where he would have gained. Yes that are, its very important to stop our loses in trading. Our greed is a bad emotion. That can harm us every moment. So if we want to avoid greed we must follow all the rules and make our mind free from any bad emotion. Quote Link to comment Share on other sites More sharing options...
gaban Posted January 19, 2014 Share Posted January 19, 2014 greed is something that must be avoided in forex trading. With greed, then we just will suffer destruction. in forex, all of which occurred uncertainly. so risk is huge forex. to avoid greed, then we must trade with discipline and use good MM. Quote Link to comment Share on other sites More sharing options...
standart Posted January 20, 2014 Share Posted January 20, 2014 greed harmful. no doubt about it. traders who greed lean to risking big margin per trade in order to expect big profit. however, such case happen when traders make profit. but if traders get loss result, surely they'll see that capital get high decrease than see that capital increase high. Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 25, 2014 Share Posted January 25, 2014 I think greed in forex trading would only mean loss for us, we should remain satisfied with the profits that we are making, if we get greedy in the middle of a trade we can get heavy loss destroying the losses which we could have made if we had not been greedy. Setting high leverage to make more profits is also greed and it increases risk due to which we can have loss. Quote Link to comment Share on other sites More sharing options...
standart Posted January 29, 2014 Share Posted January 29, 2014 greed will lead traders to risking high margin in trading. such way will give traders huge loss result if they are make wrong prediction and open wrong position. so, I agree that greed harmful and lead traders to get even worst result in trading. rather than able to make capital growing high in short period of time. Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 29, 2014 Share Posted January 29, 2014 Well greed would make traders take those steps in forex trading which would lead them to direct loss, such as they would set a high leverage which would of course increase risk, they would go for long term trading in greed for more profits as they are thinking to get rich over the night which is not possible so we should avoid greed if we want to avoid loss. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 greed can make you lose in forex trading, becasue you can do overtrading in forex..! overtrading is trading without any strategy and you can get lose and lose! so you need to create good money management to avoid from loss. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 yes greed is make you always lose than profit, because in greed you can trading without any strategy and this is ver dangerous for you. you must control you self to not become a greed in forex trading activity. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 There are so many things which the greed did to me since then I guess been greedy i loss about 400usd in turn of greed when the trend go against me i refuse to swap back and follow the trend but continue to greed that its coming back soon to my direction so this make me see things as failure when the greed refuse to come back to my hoping direction Quote Link to comment Share on other sites More sharing options...
Decub Posted February 23, 2014 Share Posted February 23, 2014 The result of that action will definitely vary from trader to trader. There are traders who have had it rough as a result of greed. On the other hand, there are still those who's got some better part of it but to generalize it, greed is injurious to your trades. It doesn't make you any good trader to be greedy. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 8, 2014 Share Posted March 8, 2014 Greed is a very bad thing no matter the type of trader that the person is. When the trader is a greedy trader, he or she will be trading with greediness and this thing is responsible for the reason why the traders lose. It is better if the trader will learn how to be able to control their greed whenever they are trading. The forex trading market is a very difficult place for the trader who is greedy to make profit. Quote Link to comment Share on other sites More sharing options...
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