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Don't be greedy in forex trading

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Vernalta

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Don't be greedy is a sentence that gives us motivation so that we don't do the wrong thing when trading forex. Because after all, greed will destroy us quickly. People who are always greedy will not be able to be consistent until whenever people who are greedy will tend to do various things. methods outside the limits that do not comply with system regulations, therefore be a trader who always adheres to our own system. When you have made a profit, you must stop.
#826 - November 18, 2023, 07:58:22 AM

Dyandra

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in trading we are expected not to be greedy when we make a trading plan because when we are greedy at the beginning we will be greedy forever, therefore we must be able to have clear goals, for example when we make a trading system our goal every month is 5% or maybe 10 % then every month you have to be able to run the trading system well when it is achieved you have to stop. When you are not achieved there is no need to continue, basically in one month how much will you get, don't force it to get big profits
#827 - November 19, 2023, 08:09:37 AM

Ikhtiar

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In my opinion, being greedy has the potential to increase losses or lose profits in a short time. You must be aware of the risks involved in every transaction when you are greedy. Don't focus too much on potential profits without considering possible risks.
#828 - November 20, 2023, 12:54:46 AM

Vernalta

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we must be able to understand that greed should not be used when we trade, when we have a clear goal, when we have a realistic target, then carry it out according to what you have created because success cannot be achieved when we are greedy  Success can only be achieved when we are disciplined in running a good system and always implementing realistic targets. People who are greedy will not be able to be consistent and will not be able to succeed just like that.
#829 - November 21, 2023, 07:58:26 AM

Dyandra

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I agree with this problem because after all when we trade we must not be greedy we must be able to trade well we must be able to trade with realistic conditions which are easy to achieve because in reality the use of forex trading must be easy to use. mastered and easy to achieve. the simpler it is, the better it is for you
#830 - November 22, 2023, 07:59:07 AM

Ikhtiar

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In trading, many traders often get big profits at first, then their greed appears. Greed can cause psychological damage because traders who are too greedy may be dissatisfied with the profits they have made. and usually by being greedy you will experience losses many times without end until the profit you get runs out.
#831 - November 23, 2023, 12:37:35 AM

Dyandra

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We are advised not to be greedy when trading forex because after all, when we are greedy we will not be able to trade well and we will not be able to trade in a more comfortable way, therefore it is very important for us to trade wisely.  Realistic targets are important for us to trade with a realistic trading plan and not be greedy in the slightest so that our profits can grow properly and correctly.
#832 - November 24, 2023, 08:03:21 AM

Vernalta

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Yes, basically when you do forex trading, when you have created a good trading system, you are good at analyzing, you are smart about opening positions, the second is to create a monthly target because monthly calculations are easier than daily calculations and you should be able to use this seriously.  because when you are not serious, when you don't have a clear target, you will be greedy and you won't be able to get consistent results, let alone success, therefore it is very important to make realistic targets so that you can create consistent results every month.
#833 - November 25, 2023, 07:57:33 AM

Ikhtiar

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Forex trading is indeed risky if we are greedy because mentality can never be taught when we are greedy but we can learn mentality from a real account, so for the start we don't use large lots and also use small capital first so that when we run out of capital we don't take it too hard.
#834 - November 25, 2023, 09:12:16 PM

Vernalta

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I really agree with this because when we are greedy we will not possibly be able to reach a good peak to trade with consistent results because when you are very greedy then you will be addicted and you will do that especially when you keep winning. But I believe in  The time will come when you will fail because you don't have preparation in management or in terms of targets and this will make you regret it, therefore, before all that happens, it's best not to do anything greedy. When you have set realistic targets, never mind discipline.
#835 - November 26, 2023, 08:25:57 AM

Dyandra

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Never be greedy for any reason under any circumstances because when you are greedy, then at that moment you will have bad psychology. At that moment, in fact, your money will run out because psychologically you are already filled with the feeling of wanting to get rich quickly, wanting to make a quick profit, wanting to get the target.  the big thing is that it's all a mistake because a trader's function is only to get realistic profits and collect them continuously so that he becomes rich because after all a trader must also be realistic and a trader must also trade according to his own abilities so don't have too high expectations  Just do the high things well and stay away from greed
#836 - November 27, 2023, 08:31:30 AM

Ikhtiar

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As long as we are not greedy in forex trading, in the end we will get positive results, even though in the process there are many obstacles and obstacles that come our way, but with this belief we will be able to get through it well.
#837 - November 27, 2023, 10:29:26 AM

Vernalta

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Many people consider this trading as a tool for gambling and many people are not really serious about doing forex trading as an investment because I see many greedy people taking as much profit as possible in the shortest time. In my opinion it is not a good investment.  The name of investing or trading is taking small profits with the difference between the buying and selling price, therefore you have to be able to know things like this so that you do forex trading or foreign exchange trading correctly, not by gambling which makes you greedy and of course people  Those who are greedy will never be able to succeed in any form with any amount of capital
#838 - November 28, 2023, 08:14:00 AM

Ikhtiar

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Regarding greed, this really needs to be avoided, but whatever the analysis, whether technical, fundamental or shamanic techniques, even if a trader is able to use it well, he can be successful. The losing person analyzed with a level of accuracy the profit that was lucky today, he made a full lot and traded in a greedy way.
#839 - November 28, 2023, 11:40:06 AM

Dyandra

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We are advised not to be greedy.  when trading forex because when we are greedy we want to get the results that many people want to get.  All these big profits will actually hinder you from becoming a professional if you are not smart.  until you do the wrong thing to trade forex.  You must be able to set realistic targets for trading later.  implement targets in accordance with.  your ability and when you have got it you are obliged to stop so that later it will be easy for you to consistently grow your money comfortably
#840 - November 29, 2023, 08:18:59 AM
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