Greed is profitable or detrimental to Traders?

Re: Greed is profitable or detrimental to Traders?

Muh0340

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greed has many victims and it is clearly detrimental, so there is no choice whether greed is harmful or beneficial because it tends to be detrimental.

#16 - November 18, 2020, 05:15:55 PM

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FzFx

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greed will destroy anyone who ignores it because greed is one of the negative attitudes that should be avoided and managed so as not to interfere with our trading activities.

#17 - November 18, 2020, 05:27:58 PM

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miqbal79

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greed is certainly very detrimental and you should never use greed to achieve your unrealistic targets. greed is a trait that often comes up.

#18 - November 18, 2020, 05:53:45 PM

Re: Greed is profitable or detrimental to Traders?

Billy Atkinson

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greed is the opposite of patience and if we can control our patience well then automatically there will be no greed.

#19 - November 18, 2020, 05:55:15 PM

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PrimaFx

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Greed is a negative form of uncontrolled psychology and if greed is allowed to continue, over time it will destroy our trading account and we will lose.

#20 - November 19, 2020, 04:57:36 AM

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Riky Namaku

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greed is often a barrier to trading because greed will make us ignore and violate all the rules and regulations that we have previously made.

#21 - November 19, 2020, 05:54:55 AM

Re: Greed is profitable or detrimental to Traders?

Billy Atkinson

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greed equals an attitude that does more harm than good because every practice of a bad attitude is bound to have a bad impact too.

#22 - November 25, 2020, 06:01:06 PM

Re: Greed is profitable or detrimental to Traders?

FardhanVx

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greed never gives a good impact even though greed is done using small lots because greedy will destroy our mental especially in terms of psychological control.

#23 - November 25, 2020, 06:19:24 PM

Re: Greed is profitable or detrimental to Traders?

Genic08AD

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greed is one of the things that gives you the most risk and bad impact in trading, therefore every trader always anticipates and prevents him from committing greed.

#24 - November 26, 2020, 11:11:59 AM

Re: Greed is profitable or detrimental to Traders?

ariezz

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Quote from: Genic08AD on November 26, 2020, 11:11:59 AM

greed is one of the things that gives you the most risk and bad impact in trading, therefore every trader always anticipates and prevents him from committing greed.

greed cannot just be ignored and psychological control must be exercised to suppress this greed reappearing and dominating us.

#25 - November 26, 2020, 03:44:18 PM

Re: Greed is profitable or detrimental to Traders?

RaNo Achndar

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Being greedy can even turn profits into losses.
for example in the Gold market in an uptrend, many traders add to trading positions, even though they are at the peak of the trend.
The price changes quickly falls and if there is no risk management preparation, the condition reverses from profit to loss, it is all because of greed and forgetting the trading method.

#26 - November 27, 2020, 04:43:35 PM

Re: Greed is profitable or detrimental to Traders?

Trader Hijrah

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Greed is indeed the factor that most often makes a trader experience huge losses, not infrequently, many traders end up going bankrupt and give up because they are always greedy, therefore we really have to train to control our greed so as not to interfere with our trading results.

#27 - December 23, 2020, 07:47:11 AM

Re: Greed is profitable or detrimental to Traders?

Aryox

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greed is one of the biggest obstacles in forex trading, therefore traders should avoid this greedy attitude because it is not good and is very detrimental to yourself.

#28 - December 24, 2020, 08:51:07 AM

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Kapoor

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greed is very annoying because greed is one of the attitudes of someone who can destroy himself, besides being able to harm trading and its performance results.

#29 - December 24, 2020, 12:19:55 PM

Re: Greed is profitable or detrimental to Traders?

Jajami

• Fail is the beginning of success 🏆💪

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Everyone must answer greed is a loss.

It is not good to be greedy for profit or to be greedy for making large trades.
Trading according to the ability and amount of capital owned

#30 - January 04, 2021, 04:50:39 PM