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Don't be greedy in forex trading in General Forex Discussion_67f83ac065b44

Don't be greedy in forex trading

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Ariyudin

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Quote from: Alim muntolib on February 10, 2019, 01:27:02 AM
yes, I really agree with your opinion. in all businesses, not just forex, we should limit the search for profit or accept losses, because being consistent in business is very important.
indeed something that is excessive will not be good, for example, when we trade and profit is large enough, greed may arise to get a bigger profit, then there must be a profit limit per day.
#46 - February 10, 2019, 01:35:01 AM

Alim muntolib

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Quote from: Ariyudin on February 10, 2019, 01:35:01 AM
indeed something that is excessive will not be good, for example, when we trade and profit is large enough, greed may arise to get a bigger profit, then there must be a profit limit per day.
yes, because actually the key to success of all businesses is a reasonable target, not excessive, and always trying to secure our capital for the continuity of the business we are in.
#47 - February 10, 2019, 01:42:16 AM

rendipepe

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Quote from: Ariyudin on February 10, 2019, 01:35:01 AM
indeed something that is excessive will not be good, for example, when we trade and profit is large enough, greed may arise to get a bigger profit, then there must be a profit limit per day.
true indeed human nature will not be satisfied if given a request more and arises greedy attitude in trading, right we must have a daily or monthly target in order to maximize our profits and our equity.
#48 - February 10, 2019, 02:24:24 AM

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#49 - Today at 04:58:36 PM

Aranchar

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Quote from: Ariyudin on February 10, 2019, 01:35:01 AM
indeed something that is excessive will not be good, for example, when we trade and profit is large enough, greed may arise to get a bigger profit, then there must be a profit limit per day.
that's right sir
if it's too greedy in taking profits on the Forex market
we have more loss
just get enough profit
#49 - February 10, 2019, 02:26:26 AM

rendipepe

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Quote from: Alim muntolib on February 10, 2019, 01:42:16 AM
yes, because actually the key to success of all businesses is a reasonable target, not excessive, and always trying to secure our capital for the continuity of the business we are in.
yep, greedy people have two choices can secure capital or can spend capital, basically greedy people will not be satisfied with what he can and get out of the money management path in trading.
#50 - February 10, 2019, 02:30:05 AM

ryanhs12

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Quote from: Aranchar on February 10, 2019, 02:26:26 AM
that's right sir
if it's too greedy in taking profits on the Forex market
we have more loss
just get enough profit

i think so too, i think less profit are the best if we can make profit again and again in few years we can live in forex trading and become financial freedom.
#51 - February 10, 2019, 02:32:03 AM

rendipepe

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Quote from: Aranchar on February 10, 2019, 02:26:26 AM
that's right sir
if it's too greedy in taking profits on the Forex market
we have more loss
just get enough profit
the loss should be a lesson for greedy people in forex trading
if that person cannot fight his greed sooner or later he will be destroyed
because I have felt in that position and stressed me out
#52 - February 10, 2019, 02:34:16 AM

Aranchar

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Quote from: rendipepe on February 10, 2019, 02:34:16 AM
the loss should be a lesson for greedy people in forex trading
if that person cannot fight his greed sooner or later he will be destroyed
because I have felt in that position and stressed me out
most of the losses experienced by some traders because of the greedy nature, sir.
given 2 ask 3
in love 3 still looking for a bigger one

maybe this is called human nature
#53 - February 10, 2019, 02:38:42 AM

rendipepe

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Quote from: Aranchar on February 10, 2019, 02:38:42 AM
most of the losses experienced by some traders because of the greedy nature, sir.
given 2 ask 3
in love 3 still looking for a bigger one

maybe this is called human nature
yes indeed that is human nature sir.

but if we cannot eliminate greediness it will be very dangerous for us.
#54 - February 10, 2019, 02:44:36 AM

Aranchar

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Quote from: rendipepe on February 10, 2019, 02:44:36 AM
yes indeed that is human nature sir.

but if we cannot eliminate greediness it will be very dangerous for us.
so true
I also from a few months back began to reduce the greedy nature of looking at profit in forex
because many of the fellow traders are bankrupt after they are greedy to profit
even to not sleep in a day
#55 - February 10, 2019, 02:47:31 AM

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#56 - Today at 04:58:36 PM

rendipepe

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Quote from: Aranchar on February 10, 2019, 02:47:31 AM
so true
I also from a few months back began to reduce the greedy nature of looking at profit in forex
because many of the fellow traders are bankrupt after they are greedy to profit
even to not sleep in a day
Have you ever experienced greed in trading forex?
do you experience substantial losses or not sir?
and what did you do when you were in that position sir?
#56 - February 10, 2019, 02:49:45 AM

Aranchar

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Quote from: rendipepe on February 10, 2019, 02:49:45 AM
Have you ever experienced greed in trading forex?
do you experience substantial losses or not sir?
and what did you do when you were in that position sir?
ever
my loss fund is around 1400 $
After many losses I stopped trading for 1 month
to find out the reason why I lost
and I demean that my loss is because there are no targets in each open position
and daily profit targets
#57 - February 10, 2019, 02:52:20 AM

ASHfx

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Quote from: rendipepe on February 10, 2019, 01:30:59 AM
really bro, because some people are still many who are greedy and the result is not profit or even loss, do you have a suggestion not to be greedy bro?
my advice is to be more disciplined in determining profit targets, and do not occasionally discuss the discipline, the point is discipline and be grateful for what you get.
#58 - February 10, 2019, 03:26:16 AM

Malik

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Quote from: Tahajud on February 07, 2019, 01:34:55 AM
Greed usually arises from targets that are very unrealistic in trading, which, which exceeds the capabilities of capital and skills that we have. and it can also be because the mindset is wrong so that you want something instant results or shortcuts so that to manifest it you have to be greedy. therefore if our mindset is still wrong, as good as it is to stop trading first and fix before the bigger losses come


yes, and for who think fx market is the fastest way to get rich
#59 - February 10, 2019, 04:07:23 AM

blinkid

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Quote from: Ruslan H on February 06, 2019, 02:29:19 PM
Why do many newbie traders or many masters lose in trading, it is due to the fact that they want to get more profit and more than that they are not able to arrange MM so that they use large lots without being aware of the considerable risks awaiting.
Greedy in trading forex often leads traders to losses filled with regret. When greedy traders in doing trade, traders often get carried away to pursue big profits, ignoring the use of financial management and risk management in their trading. Greedy in trading causes traders to make overlot, overtrade and over-confidence in their transactions. That is what causes traders to suffer losses even to the margin call.
#60 - February 11, 2019, 12:03:32 PM
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