Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Big Loss If You Can't Control Your Greed and Emotions

Big Loss If You Can't Control Your Greed and Emotions

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 48   Go Down

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 174
  • Reputation: +70/-0
The biggest loss in forex trading is not the loss of money due to wrong orders but the inability of a trader to control greed and emotions in trading.. Because in trading what is most needed is calm in analyzing market movements and self-control from greed.. If a trader able to control his temper and emotions I am sure the trader will be able to make consistent profits.
Why do I think like that?? Because when a trader is not greedy he will start an order with a low volume where he will risk a little money so that when he experiences a loss due to the market not according to his analysis, he can return his capital at another opportunity.

What do you all think about greed and emotion in trading??



Linkback: https://www.forex.zone/general-forex-discussion/1/big-loss-if-you-cant-control-your-greed-and-emotions/3452/
#1 - July 04, 2021, 11:08:30 AM

CR7

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
Therefore the ability to control emotions and psychology is very important in trading, because if we lose to our emotions, we will easily get a big loss
#2 - July 05, 2021, 10:27:20 AM

Razor

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
so from that we must always control our emotions when trading, and if we feel emotions can not control it as soon as possible we get out of the market for a moment
#3 - July 06, 2021, 07:40:26 AM

Iw4nN

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
So from that why the psychological control becomes very pengter, so that in trading we are not provoked by emotion which will be able to cause large losses
#4 - July 08, 2021, 10:42:41 PM

mugiwara

  • Hero Member
  • Posts: 1161
  • Points: 2955
  • Likes Received: 148
  • Reputation: +6/-8
Therefore, many traders finally had to swallow failure, because they could not control their emotions so that they finally went bankrupt
#5 - July 12, 2021, 11:40:20 AM

Demnok Lannik

  • Hero Member
  • Posts: 625
  • Points: 598
  • Likes Received: 6
  • Reputation: +0/-4
Therefore it is emotionally important to always be managed properly and correctly, so as not to disturb our trading and have a bad impact
#6 - July 13, 2021, 12:53:07 AM

Kembangmawar

  • Sr. Member
  • Posts: 356
  • Points: 298
  • Likes Received: 3
  • Reputation: +0/-0
I think many traders experience margin calls when they fail to fight their emotions. for example when he entered the market then he lost. then because of emotion he entered the market again with a bigger lot with the aim of making a quick profit
#7 - July 13, 2021, 08:52:57 AM

ERSYA

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
That's the difficulty of trading when compared to other businesses, here we have to monkey and want to continue managing our emotions and psychology well
#8 - July 30, 2021, 11:45:54 PM

zanurreload

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
Thanks for the directions and lessons. indeed the main capital in a trader is being able to control emotions, because controlling emotions can work in accordance with the existing order in forex trading. So that in undergoing such a process it will be easy to face obstacles that prevent success in forex trading.
#9 - July 31, 2021, 08:55:09 AM

tutus0929

  • Sr. Member
  • Posts: 294
  • Points: 442
  • Likes Received: 1
  • Reputation: +0/-6
that's why we must be able to control our emotions, because with controlled emotions we will be able to trade well with good results too of course
#10 - August 24, 2021, 08:58:19 PM

Hammid

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
That is why one of the parameters of success in trading is being able to control emotions or make psychological conditions always stable, because indeed this is very influential
#11 - August 25, 2021, 08:20:14 PM

Dorin

  • Full Member
  • Posts: 125
  • Points: 596
  • Likes Received: 6
  • Reputation: +0/-0
if we can't control greed then there is only a very big loss later because then we will get nothing but losses and regrets so it's better from now on we must be able to keep that greed
#12 - August 26, 2021, 03:46:52 AM

ZB

  • Hero Member
  • Posts: 1508
  • Points: 333
  • Likes Received: 174
  • Reputation: +20/-8
therefore we don't be easily eaten to do greed, as much as possible control our greed properly and rightly, so that our trading is not disturbed
#13 - August 31, 2021, 11:51:25 PM

joshgandosh

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
that's why the management of emotions and psychology is very important in trading, so that we can always trade properly and correctly
#14 - September 01, 2021, 10:12:59 AM

WD

  • Sr. Member
  • Posts: 350
  • Points: 256
  • Likes Received: 0
  • Reputation: +0/-0
that's what makes many traders finally fail and finally choose to give up, namely they can't control their emotions, especially their greed, which causes them to suffer huge losses because of it
#15 - October 24, 2021, 10:54:17 PM
Print
Pages: [1] 2 3 ... 48   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Big Loss If You Can't Control Your Greed and Emotions

Members:

0 Members and 1 Guest are viewing this topic.