Forex Zone - Forex Forum

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

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
this is what makes it important to control emotions and psychology in trading, if we can't do it then we will be easily controlled by emotions, so we are easier to lose
#31 - November 11, 2021, 11:35:12 PM

  • Jr. Member
  • Posts: 72
  • Points: 77
  • Likes Received: 1
  • Reputation: +0/-0
indeed this is what will happen when we can't manage our emotions well, we will get a big loss because of it and even a margin call because of it
#32 - November 22, 2021, 08:09:49 AM

  • Full Member
  • Posts: 124
  • Points: 624
  • Likes Received: 0
  • Reputation: +0/-0
I totally agree, indeed a mistake that is often made by traders is that they cannot control their emotions so they tend to enter the market with large lots.
#33 - November 25, 2021, 10:31:28 PM

  • Hero Member
  • Posts: 2360
  • Points: 2
  • Likes Received: 193
  • Reputation: +4/-0
Indeed, we must be able to control our emotions so that we can reach the highest point, which is to be consistent, because when we cannot regulate our emotions and cannot control our greed, we should not experience difficulties when we experience defeat in our emotions.
#34 - November 25, 2021, 11:37:57 PM

  • Hero Member
  • Posts: 619
  • Points: 184
  • Likes Received: 8
  • Reputation: +0/-0
Indeed, when we cannot control our emotions and greed, we will often experience margin calls, therefore when we are just starting to learn to trade, we must master greed and emotion first because it is part of psychology,
#35 - December 04, 2021, 10:54:13 PM

  • Newbie
  • Posts: 35
  • Points: 537
  • Likes Received: 0
  • Reputation: +0/-0
Emotions are traits that God gave to humans, everyone has emotions but we can control these emotions. If we can't control our emotions then we shouldn't trade.
#36 - December 04, 2021, 11:48:05 PM

  • Hero Member
  • Posts: 4506
  • Points: 1946
  • Likes Received: 360
  • Reputation: +10/-5
It's true that it's a very loss when you can't control your emotions and can't control your greed in the trading world because it will all lose your money in an instant. So you have to be able to manage your emotions and you have to be able to manage your finances in a careful way.
#37 - December 07, 2021, 02:33:18 AM

  • Full Member
  • Posts: 141
  • Points: 661
  • Likes Received: 0
  • Reputation: +0/-0
Controlling greed and emotions can help us to remain wise, calm and not unaffected by the market atmosphere and keep thinking realistically and positively thinking when the results of OP trading do not match what we expect.
#38 - December 07, 2021, 11:30:05 PM

  • Sr. Member
  • Posts: 252
  • Points: 757
  • Likes Received: 0
  • Reputation: +0/-0
Emotion control also helps us to stay focused and committed and measure our own ability to trade. These abilities can be in the form of Lots power, mastery of analytical techniques and indicators, the ability to read and predict prices directly
#39 - December 07, 2021, 11:31:28 PM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 247
  • Reputation: +5/-2
I agree with this opinion because when you can't use or control your emotions it's a big loss because controlling your emotions is something that is certain in the forex trading world and when you can't control your greed you also lose because these two things become one of the factors determinants and supporters of success You can not control these two things properly
#40 - December 07, 2021, 11:38:17 PM

  • Full Member
  • Posts: 200
  • Points: 191
  • Likes Received: 15
  • Reputation: +8/-2
Greed and emotions must be controlled, if you can't control the loss you will continue to get. greedy merchants are the beginning of destruction
#41 - December 08, 2021, 02:07:18 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Greedy and greed must be avoided from a trader because this nature is dangerous for traders and breaking the rule.

Traders who have greedy nature will have fatal consequences of MC because this nature cannot be controlled to control yourself traders and become ordinary daily. With a sense of greedy profit that will previously be lost and MC.
#42 - December 08, 2021, 02:09:05 AM

  • Hero Member
  • Posts: 4049
  • Points: 4
  • Likes Received: 247
  • Reputation: +5/-2
It is true that it is a big mistake when we cannot control our emotions and our greed. As a foreign exchange trader, we must be able to control our emotions well because when we cannot control our emotions, we will be destroyed.
#43 - December 10, 2021, 09:07:40 AM

  • Hero Member
  • Posts: 4322
  • Points: 2127
  • Likes Received: 232
  • Reputation: +20/-15
a big plane indeed when you can't control your emotions and can't control your discipline you can control everything and you lose a lot when you type it you can't master all of that we really have to be able to show that you can be successful by controlling it all
#44 - December 12, 2021, 06:42:54 AM

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
When we experience a margin call, it often happens because we can't control our emotions well. Many traders underestimate this even though it is a very important thing.
#45 - December 12, 2021, 07:02:34 AM

Members:

0 Members and 1 Guest are viewing this topic.