Greed is harmful

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Thread: Greed is harmful

  1. #1
    Senior Member
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    Default Greed is harmful

    Greed is harmful
    Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long. I am trading with XeroMarkets broker that has over 77 trading instruments. You can choose your best from here.

  2. #2
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    Oct 2018
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    As a newbie, itís important to have a quality broker and solid strategy. I know how much struggle it is with wrong brokers, so one got to be very careful with these things. If we have right broker, it will help us perform and succeed or else we will struggle.

  3. #3
    Senior Member
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    Sep 2017
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    Forex is a very risky market. Making profit make most difficult of trading. Many are trying and many already quitted the market. Some are successful in the market. Trading is not difficult. So, trader should focus on learning about market what influences the market and how. I am trading forex with Forex4you since 2016. I am still surviving in this market.

  4. #4
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    Apr 2016
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    in ro ham eslah kon:
    Absolutely Correct! One must be aware of the risks involved in the Forex Market and they should also gain knowledge regarding how to manage the same. Controlling emotion is one of the key for risk control.

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