The Way to Overcome Arrogance in Trading.

Posts: 52 · #1 - September 13, 2022, 02:44:55 AM

In trading, of course, every trader has a unique nature of the trades they do. Patience, indifferent, emotional, arrogant and so on. In my opinion, in trading I feel more arrogant when trading, what's more with the large enough capital I have, so I don't use stop losses.

Now, this time I want to invite all forumers to share how best to overcome the arrogance that is in us about the trading we do.

Hopefully useful and can help me to add knowledge.

Linkback: https://www.forex.zone/forex-education/29/the-way-to-overcome-arrogance-in-trading/3931/

Posts: 127 · #2 - October 26, 2022, 10:18:45 AM

Indeed, we are often arrogant, especially with the lots we use, therefore we need to plan from the beginning

Posts: 166 · #3 - November 05, 2022, 04:55:14 AM

We must be aware of this kind of thing because we will often get

#4 - **Today** at 12:55:13 PM

Posts: 166 · #4 - November 05, 2022, 07:04:05 AM

therefore in trading we must be able to control emotions

Posts: 175 · #5 - November 15, 2022, 07:43:57 AM

Obviously this we can overcome with trading rules

Posts: 160 · #6 - November 17, 2022, 04:56:31 AM

arrogant will appear if we are too confident

Posts: 127 · #7 - December 06, 2022, 01:07:44 PM

if this appears then we should never approach the market, because if we force it then our trading will be easily damaged and the result will be a very big loss

Posts: 2167 · #8 - March 02, 2023, 01:32:06 PM

Overcoming arrogance in trading starts with recognizing that the markets are unpredictable and require humility. Traders should focus on developing a systematic approach to trading, which includes setting clear entry and exit rules, implementing risk management strategies, and avoiding emotional decision-making. Learning from mistakes, staying open to feedback, and continuously educating oneself can also help prevent overconfidence and arrogance in trading. Ultimately, a disciplined and objective approach is key to long-term success in the forex business.