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What is the position of greed


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Greed is a tiny part of the human nature, and it is not a good part. So in every thing we do that involves money, we must learn to control it. In Forex, greed could be your downfall. Greed can make you use high lot sizes and leverages when it is not necessary. Greed can also make you enter a trade that you are not very sure of.

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3 minutes ago, moneyrig said:

Greed is a tiny part of the human nature, and it is not a good part. So in every thing we do that involves money, we must learn to control it. In Forex, greed could be your downfall. Greed can make you use high lot sizes and leverages when it is not necessary. Greed can also make you enter a trade that you are not very sure of.

I think the question is "Which indicator you are using". Did you read the thread before posting?

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  • 4 months later...

Greed is caused by our inability to control our emotion during forex trading, and if we can trade in such a manner that we are able to prevent our emotion from interfering with our decision making, we can control greed during forex trading.

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