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  1. #1
    Join Date
    Jul 2017
    Posts
    105

    Fear comes from greed.

    This dread comes generally from the inclination called voracity. This is the point at which you miss an exchange that could bring you enormous benefit. New Forex traders are terrified to miss these exchanges, as they are sitting tight for the BEST setup. Also, the dread of loss in Forex trading can be clarified by Endowment Effect. The key thought here is that individuals esteem increasingly when they possess, in contrast with people around them. Along these lines, when losses are conceivable, the primary idea is to diminish them.

  2. #2
    Join Date
    Jul 2016
    Location
    India
    Posts
    274
    Fear and Greed both are quite deadly emotions to get involved with, while trading with Forex. You need to keep both aside if you ever wanna become successful in the Forex Trading.

  3. #3
    Join Date
    Aug 2017
    Posts
    1,181
    Forex trading is a great source for earning money. There are various types of platforms trader can use to access the financial activities in this market. The broker is providing the necessary trading services and facilities in their platforms. You can never become rich here unless using the suitable trading platforms for your trading.
    With Forex4you the global and transparent Forex broker I am dealing in Forex market since they have different trading platforms such as – desktop trading, Web based trading, MT4 trading and mobile trading platforms. From among trading platforms I am currently using their MT4 trading platform which is very popular and professional trading platforms to make compete the trade without any error. I never face any issues in their platform.

  4. #4
    Join Date
    Apr 2017
    Posts
    564
    You can’t earn profits if you don’t have faith in yourself. Without faith in yourself, it's hard to survive in the forex market. I have full faith in me. I trade with a TP Global FX. They are a very reliable broker. Their endless supports always help me to build up my forex knowledge. They provide a very easy process to open an account. They provide minimum spread and maximum leverage. They are one of the best brokers I have ever worked.

  5. #5
    Join Date
    Apr 2020
    Posts
    436
    According to me, there is no place for fear in trading. This type of earnings requires confidence in their actions. This is one of the most important rules for a trader, like I do.

  6. #6
    Join Date
    Apr 2020
    Posts
    60
    I cannot agree with you, because fear is still present when we start our first trade, when we enter our deposit, and when we are still a little guided, we are afraid to make a mistake.

  7. #7
    Join Date
    May 2020
    Posts
    556
    In general, emotions in the process of trading always play not the best role. You should try to reduce them to zero as much as possible, as for me.

  8. #8
    Forex trading is a very profitable business in the world. A reliable broker, strong knowledge, proper guidance are the most important things for earning money from the forex market. If you want to start trading then you should keep in yourself. You should avoid your greed. The more you greed then the more you will lose. I always try to avoid greed. My broker Eurotrader helps me a lot. They are very helpful and supportive.

  9. #9
    Join Date
    Sep 2018
    Posts
    477
    In my opinion, trading psychology is very important. When trading at FreshForex I have to be able to control myself so that I don't get greedy because it will endanger our money.

  10. #10
    Join Date
    Mar 2020
    Posts
    110
    Fear and greed are often identified as the main drivers of financial markets. This is clearly an oversimplification, however fear and greed do play important role in the psychology of trading. Understanding when to embrace or tame these emotions could prove to be the difference between a successful trade and a short-lived trading career.

  11. #11
    Join Date
    Jul 2020
    Posts
    34
    Fear and greed are big problems in trading. It destroys the trading career. You can start over trading by falling into greed. This thing works better in most new traders. In the Forex market, you have to maintain discipline all the time. Greed destroys this discipline and forces it to over trade. And if you lose by over-trading, there is fear from there. If you trade according to the plan, you can avoid this problem.

  12. #12
    Join Date
    May 2020
    Posts
    556
    In my opinion, fear always only harms the results of work. A trader should always be confident in his actions, because he must be able to predict the result.

  13. #13
    Join Date
    Jul 2020
    Posts
    177
    I believe that such things have no place in trading at all. The trader must be confident in himself, his actions and the result he will receive. This is his main task.

  14. #14
    Join Date
    May 2020
    Posts
    556
    In my opinion, for a trader, fear is the biggest enemy. At least I have been working in this industry for a long time, and I really made sure of it. I was starting to work with broker Amarkets, and this broker really made it clear to me that it was important for the trader to be confident in his actions.

  15. #15
    Join Date
    Aug 2020
    Posts
    36
    Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing money in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most. I am trading with Eurotrader, a regulated broker. It provides me a wide range of services including low spreads, 1:500 leverage and instant trade execution.

  16. #16
    Join Date
    Apr 2020
    Posts
    436
    As for me, it is very important for the trader to be sure of his actions. This will allow him not to fear the results, and trade more successfully.

  17. #17
    Join Date
    Jul 2020
    Posts
    177
    In general, in the process of trading, it is very desirable to turn off emotions. Usually, they only harm the overall result, and force the trader to make the wrong decisions.

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