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A Greed

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A Greed
A trait that is very difficult for a trader to control.
Don't want to take profit when the profit is enough, don't want to cut loss when the floating loss is done
grow up.
A dream of wealth that is often imagined, beautiful and full of happiness until you forget the reality that is so cruel. that is the manifestation of a greedy trader's imagination.
A trait that wants to turn $1000 into $100,000 within a month. he thinks forex is a multiplication that is so sure without any scary risks.
A hope that never goes out even though it has been beaten many times by a market that is so cruel and merciless.
Such is the nature of greed that has penetrated into the deepest soul to defeat rational reason. only the words of less, less, and less often cross one's mind until he forgets the value of adequacy.


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#1 - September 12, 2022, 10:33:50 PM

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Greed in trading is negative emotion that usually resulting failure, traders should avoid greed in trading and work discipline based money management and risk management and avoid greedy.
#2 - September 12, 2022, 10:40:34 PM

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greedy is everyone's emotions, because in my opinion everyone must have greed in themselves, what needs to be done is to control it so that it does not disturb
#3 - September 14, 2022, 10:39:40 AM

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Greedy is a word that I hate, because I see many people who are greedy but their lives are never successful
#4 - October 26, 2022, 09:35:09 PM

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Greed is the enemy of all traders
#5 - November 05, 2022, 04:45:44 AM

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We must control greed in trading very well
#6 - November 05, 2022, 07:15:47 AM

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Greed in trading will lead us to destruction
#7 - November 15, 2022, 07:25:34 AM

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Greed must be always controlled
#8 - November 17, 2022, 07:10:03 AM

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greed is actually a human emotion and everyone will experience it. Therefore in this trading we are required to be able to manage our greed very well
#9 - December 06, 2022, 01:02:10 PM

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Greed in Forex trading refers to an excessive desire for financial gain that causes traders to deviate from their trading plan and make irrational decisions. Greed can lead traders to take unnecessary risks, overtrade, and hold onto losing positions for too long, all of which can result in significant losses.

Here are some examples of how greed can manifest in Forex trading:

Overtrading: Traders may be tempted to overtrade when they experience a winning streak or see an opportunity to make a quick profit. Overtrading can lead to increased risk and reduced profits.

Ignoring Risk Management: Greed can cause traders to ignore risk management principles and take on more risk than they can afford. This can lead to significant losses if the market moves against them.

Chasing Profits: Traders may become fixated on making a certain amount of profit, which can lead them to take unnecessary risks or hold onto losing positions for too long in the hope of a reversal.

FOMO (Fear of Missing Out): Greed can also cause traders to experience FOMO, which can lead them to enter trades without proper analysis or take on excessive risk in order to avoid missing out on potential profits.

In conclusion, greed is a common pitfall in Forex trading and can lead to significant losses if not managed properly. Traders should focus on sticking to their trading plan, practicing good risk management, and avoiding impulsive decisions driven by the desire for financial gain.
#10 - March 01, 2023, 04:32:07 AM

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