Beginners Greed
Dec 23, 2021 at 19:59
Beginners cannot cope with the emotions which they experience during trading. It requires some experience and skills to stay away from psychology and turn to common sense. That is why it is better for the beginners to start trading microlots and avoid risking your whole trading budget.
Dec 23, 2021 at 23:00
Actually, as human nature, as greedy not only beginners but experienced traders also possible appear greedy on their minds, especially when they look the confidence analysis, will increase lot size because they sure will obtain profit, but what happen the market is dynamic, one tick changes will make all plan messed up when greedy trading.
Miembro desde Dec 14, 2021
posts 28
Dec 30, 2021 at 06:26
It’s not the fault of new traders to feel greedy at the beginning of their career. Most of us get to know about forex trading through a highly unrealistic ad showing the success story of a really profitable trader. While they show all the good things to attract new traders, they hide the hard work, years of failure and unwavering will power that is required to make it to that level. New traders think that if someone else can do this, it must be easy and they can do it too. It’s only the personal experience that uncovers the reality.
Miembro desde Apr 09, 2019
posts 538
Dec 30, 2021 at 17:10
Coming into trading with realistic expecations also helps to reduce greed and pressure on it to make life changing money.
If you can't spot the liquidity then you are the liquidity.
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