Discipline Can Conquer Greediness?

[novarisa]

Max traders just wants money and not more then that for that they just jump into the Forex field without maintaining the rules and regulations of the field ,when we can trade with good strategy and plan ,we can definitely win over the lose .

And the worst case is, some who are starting their forex trading journey is a newbie that need to learn some first on demo account before going into real account.

 

[Electric Rainbow]

Newbie must understand that forex is a risky business, there is no short way to earn money and be rich. First learning then earning is a key to success in Forex.

 

[kalex76]

max traders lack the real seriousness of the Forex trading and for that they just become very casual and think that its a very easy job and also don't want to learn from their previous losses and thus they face repeatative loss.

 

[SanaFx]

max traders lack the real seriousness of the Forex trading and for that they just become very casual and think that its a very easy job and also don't want to learn from their previous losses and thus they face repeatative loss.

As we are trading in the Forex business we have to understand that losses will continue to be there as long as we are doing our trades. We have to try and reduce them so that overall we are getting some profits at the end of the month

 

[ahmadvipro]

As we are trading in the Forex business we have to understand that losses will continue to be there as long as we are doing our trades. We have to try and reduce them so that overall we are getting some profits at the end of the month

that's right,trader must be patient to get profit,and patiencely to wait the best moment for open position,next don't forget about money management and risk management, and try trading with ECN account with low spread in ViproMarket more helpful to trading activity

 

[TahaFx]

that's right,trader must be patient to get profit,and patiencely to wait the best moment for open position,next don't forget about money management and risk management, and try trading with ECN account with low spread in ViproMarket more helpful to trading activity

Patience here in the sense we seek the most appropriate forex trading in our understanding, both from the psychological side and trading techniques that are used.

 

[kalex76]

Max traders are gripped with greed and after lose ,they don't learn from their previous mistakes which actually compels them to do more mistakes in coming days and for that those group of traders who don't learn from their previous errors will keep on losing .

 

[carigentong]

Max traders are gripped with greed and after lose ,they don't learn from their previous mistakes which actually compels them to do more mistakes in coming days and for that those group of traders who don't learn from their previous errors will keep on losing .

I'm often feel the same. Actually I know that overlot and overtrade can kill me faster, but without noticing my margin, often I do the same mistake. For now, I'm better to always use stop loss to afoid greedy and overtrade

 

[ahmadvipro]

In forex there is a risk all the time when we are going to trade in this market. We have to take appropriate risk that we can handle easily

 

[carigentong]

In forex there is a risk all the time when we are going to trade in this market. We have to take appropriate risk that we can handle easily

Sure sir, only by respect the risk we can survove in this business. Never try to ignore it, when we try to resist using stop loss, often we will get bigger loss in the end. All trader need planing include their money and risk management to be success in forex business