Control your greed

[Cooper Truebridge]

Controlling greed is very important. If a trader does not get rid of greed, he will not be able to make a profit by trading.

 

[mixnmatch]

Being greedy can make you risk too much money in the hopes of earning more. You may overtrade, lose patience by seeing slow progress, become negatively impacted during losses and end up losing your capital. Greed can eat away your hard-earned money and make you poor! So beware!

 

[eloisebass]

Controlling one’s greed while trading is one of the most crucial steps towards success. There are several instances where greed has resulted in a huge loss in the field of forex trading. Being disciplined in trading is of utmost importance in addition to creating plans and strategies.

 

[Smash Fun]

Emotion and greed are the two factors that affect your trading skills. You should learn about having control on your emotions.

 

[Kazumu Fukunaga]

Emotion can never save our trade. Its just can make our bad trader even worse. Though some people says that greed, fear etc. these kind of emotions can be used as positive way, but i personally feel that it is not possible to become successful trader having these emotions, we should try to avoid them while trading.

 

[Gito Dinev]

Passion drives a trader far ahead but in many traders this quality lacks as a result they area away from their goal. They view goals in their mind but don’t work accordingly to achieve that goal.

 

[Nayek Pichai]

I know it’s hard to control greed but you have to do it at any cost to bear profit from the market.

 

[Bahiya Shinam]

Your greed will encourage you to take more lots to gain more profit, which majority of the time result in huge losses.

 

[LouBega88]

You will get your balance crashed if you can’t control your greed. So, control your greed and emotion to survive in Forex.

 

[LouBega88]

Your greed will destroy you and lead your equity downward as a result surviving in Forex will be difficult for you.

 

[Gito Dinev]

It’s quite natural that forex can produce greed in a trader but traders should should have the capacity of controlling his greed to survive in the market.

 

[Bahiya Shinam]

Greed influences a trader to increase risk to earn more profit. To be a good trader, we have to come out of greed.

 

[Gito Dinev]

Greed destroys a person in every sphere of life. Whatever a person’s profession is, he should be devoid of greed. In Forex, it is even crucial.

 

[Nayek Pichai]

Forex is such a profession that makes people greedy by offering unlimited profit earning opportunity. But Forex never carries good fate for greedy people.

 

[Ethan]

Some bad habits are unavoidable and greed is one of those. Being yield to greed, traders mostly take wrong decision that make them suffer by the end of the day.

 

[Gito Dinev]

The Forex Trendy software allows you to know and understand the market without strength. It enables you to avoid trading during a period of uncertainty in the market and pick the finest trending pairs possible. The software uses price action to determine the trend without any indicator. The software is compatible with various trading platforms such as MetaTrader, NinjaTrader, TradeStation etc