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

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  • Big Loss If You Can't Control Your Greed and Emotions in General Forex Discussion_index
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Big Loss If You Can't Control Your Greed and Emotions in General Forex Discussion_xx
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??



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#1 - July 04, 2021, 11:08:30 AM

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Big Loss If You Can't Control Your Greed and Emotions in General Forex Discussion_xx
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

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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

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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

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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

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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

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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

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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

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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

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