Discipline Can Conquer Greediness?

[Luis ForexMart]

If we allowed us the Greediness to destroy our patience that means that we don't have self discipline. Always remember that Self discipline is one of the Trading principles we must also considered. Because all your plan, strategy, and trading activity will be destroy and failure if we don't have self discipline. Because the power of our trade is depending on our self.

 

[SanaFx]

If we allowed us the Greediness to destroy our patience that means that we don't have self discipline. Always remember that Self discipline is one of the Trading principles we must also considered. Because all your plan, strategy, and trading activity will be destroy and failure if we don't have self discipline. Because the power of our trade is depending on our self.

I would like to say that if we will become greedy then a time will come when our losses will start growing so we have to learn how we can get the profits and still minimize the losses

 

[Luis ForexMart]

I would like to say that if we will become greedy then a time will come when our losses will start growing so we have to learn how we can get the profits and still minimize the losses

Yes, you're right! Therefore we must also learned to manage our emotion and control our eagerness to aim huge profit in every trade we made because this is very risky and unsafe trading.

 

[SanaFx]

Yes, you're right! Therefore we must also learned to manage our emotion and control our eagerness to aim huge profit in every trade we made because this is very risky and unsafe trading.

Many of the traders are unable to control the emotions in their trading and as a result they have to learn it the hard way

 

[uncle gober]

Many of the traders are unable to control the emotions in their trading and as a result they have to learn it the hard way

Forex is not gambling. One way to avoid falling into a casino mindset is to avoid an emotional reaction to loss. A gambler will race to deposit more money into a depleted account on the emotional belief that their next run will double their money and recover their loss. Traders won’t replenish funds until they have understood why their reading of the opportunity was so off as to cause a loss.

 

[kalex76]

When we can trade with proper discipline we can easily control the greediness and emotions because that time we know actually that what would be the impact of such thing .For that traders have to be very much focused on trading with rules and regulations with accurate analysis .

 

[nullahfx]

When we can trade with proper discipline we can easily control the greediness and emotions because that time we know actually that what would be the impact of such thing .For that traders have to be very much focused on trading with rules and regulations with accurate analysis .

discipline that a trader apply to itself when trading, will make trading more directional, so the trader will be able to control his emotions when trading. Because discipline and emotional control well is one of the qualities that should be developed by a trader to achieve success in forex trading

 

[Razzak Khan]

Forex is not gambling. One way to avoid falling into a casino mindset is to avoid an emotional reaction to loss. A gambler will race to deposit more money into a depleted account on the emotional belief that their next run will double their money and recover their loss. Traders won’t replenish funds until they have understood why their reading of the opportunity was so off as to cause a loss.

Yes, Forex is not gambling at all, but the problem is the line is too small and often beginners cross it, so that’s why we just need to make sure we learn and practice properly, it’s something that should be enough to lead us into profit zone.

 

[tomosie]

Greed is the most dangerous thing in forex business. Many trader came to bankrupt because of it. Only discipline can conquer it.

 

[kalex76]

Why some traders keep on losing here ?

Many traders are there who are continuously losing their money in this field ,can you say that what could be the main reason for such weak performance because with time experience and performance should grow naturally .