Discipline Can Conquer Greediness?

[FxTim]

Most of the traders keep on losing here due to lack of Discipline and never abide by the Forex rules of to earn from Forex Trading.

 

[m0mo~]

greediness is one virus that every single trader will have to overcome first

 

[m0mo~]

losing is a process and a journey to a success way

 

[Electric Rainbow]

There are many reasons for the loss. One can be no discipline while trading.
Traders get greedy when they start trading and that takes them to be the wrong way to trade.

 

[m0mo~]

because nobody knows what is next candle going to looks like exactly..everybody just make an assumption and they will hope their assumption is true

 

[Mr. Lucky]

The only reason and the main reason of the loss in Forex Trading, is the lack of knowledge and experience and skills. Many traders just barge into Forex Trading and thinks that they will earn with their each trades, but doesn't finds it necessary to gain first some knowledge, which makes them vulnerable.

 

[abu85]

losses on demo account is a process of learning...

win on live account is a process of dreaming

 

[Izham87]

because nobody knows what is next candle going to looks like exactly..everybody just make an assumption and they will hope their assumption is true

agree..nobody knows the future.. but with proper analysis, we can have a high probability prediction. high probability + good risk management lead to success.

 

[kalex76]

Yes if we can develop the discipline, we can trade with proper regulations and like that we can handle the greed also so that the pips profit can be balanced in a proper way as per the situation.

 

[kalex76]

Forex traders when they keeps on doing repeatative mistakes will face more losses and for that traders have to be serious about the market situation