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Leave greed is better


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207 replies to this topic

#201
bearhugs

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Skills and knowledge are needed to be successful and make money; technical skills, strategic planning, tactical decision making, and communication skills plus self-awareness and awareness of others are all needed to get to the higher levels of success.


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#202
Squirrel Nuts

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We should establish a proper control over our emotions and if we think that we would be unable to do that, we should take a short break and later start trading again.


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#203
sidejob

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@bearhugs We are not talking about that here even both are important for traders around the world. Leaving greed is another thing and not all of us can do that. In progress we may fail but let me tell you, we trade in forex because we still have greediness, if you leave it you will content with your life, the best way is to control it not to leave or discard it.


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#204
cokodot

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Trader should not be greedy when trading. As a trader, we need to control our emotion. If we are greedy it only will make us lose what we've got. With FXB trading,I also still learn to control my emotion when trading


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#205
Latham Lapard

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Yes, it is absolutely necessary to put our greed aside and focus on real deal. Also, it is vital to avoid greediness about brokers, as too many scam companies offer bonuses just to attract traders. We should avoid working with such brokers.


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#206
sidejob

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Put our greed aside is not the same with LEAVE the greed. Have you ever seen a monk? it is a good example for someone who leave the greed. Putting aside the greed need a good control of our emotions. Not all can do that but it surely takes time, up to now i still can put that emotion  aside for most but when i suffered consecutive losses, i seems like really lost my mind :D


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#207
Gee Dee

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Forex market the largest currency exchange market where numerous brokerage houses will provide numerous opportunities to the traders to earn money within short times. But the traders should not fall in the trap of scam brokers; otherwise excess greediness will be reason of their losing money. So be calm and try to remove greediness from the mind and try to evaluate the trading facilities as per regulations. Be careful while selecting broker, trade as per safe and regulated trading approach.


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#208
junrose123

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Greed is the attitude that should not be brought to Forex trading since for sure you will not succeed or gain much profit. It must be avoided as much as possible to have the desired goal in life which is acquire more profit from Forex trading.


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