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Thread: Overconfidence

  1. #51
    Overconfidence is one of the causes of loss. If a trader trades over confidently, successful trading is not possible. Consistently profitable create overconfidence. Meditation is essential to control this overconfidence. Many traders become overconfident and lose after making a small profit.

  2. #52
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    And the project still lives and pleases people with its powerful payments?) And I wonder if anyone else is working with him? Gets such money?))))

  3. #53
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    Overconfidence is indeed quite a strong influence on trading, because we lose attention and do not calculate the risks that are possible.

  4. #54
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    Forex trading is a risky business. If you want to start trading in the forex market then you have to know all the basic things. Before start trading, you should gain forex knowledge. You can't survive in the forex market without proper knowledge. My broker TP Global FX helps me a lot to know more about forex always. They are very supportive and helpful. I would easily suggest this broker if anyone looking for a reliable one.

  5. #55
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    So, how is the project?)) I don't quite understand why the topic about him was placed in this section, because he has more space in another section.

  6. #56
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    A good trader should not be afraid to change his mind about what is happening in the market. He should not be afraid to openly admit his mistakes.

  7. #57
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    I agree with many that overconfidence is indeed the moment that reveals negative qualities in us when trading or, resulting in unexpected losses and disappointments.

  8. #58
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    And how does this project work? I am generally interested in how to work with projects that bring little profit. Any sense?

  9. #59
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    I have never heard that self-confidence brings some good result every time who encounters this, as a result, they are very disappointed and lose their money

  10. #60
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    Quote Originally Posted by Flamepick View Post
    I have never heard that self-confidence brings some good result every time who encounters this, as a result, they are very disappointed and lose their money
    We must understand that trading is not an easy task so we must keep our-self ready for the future. Also we have to understand that if we will have the Self Confidence then we can win our trades.

  11. #61
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    It is not uncommon for a novice investor or speculator to mistakenly believe that they can benefit from virtually any price movement. Overconfidence leads to opening a deal without the necessary analysis

  12. #62
    Self-confidence begins in those who have little experience, and after a few positive profits they think that now not everyone can and relax and lose control over the situation.

  13. #63
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    Quote Originally Posted by Gavinragda View Post
    Self-confidence begins in those who have little experience, and after a few positive profits they think that now not everyone can and relax and lose control over the situation.
    Indeed, they are right, because after several profitable trades, the very confidence that, in principle, everything is easy and can be earned and with great effort, appears.

  14. #64
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    Quote Originally Posted by Adorilon View Post
    Indeed, they are right, because after several profitable trades, the very confidence that, in principle, everything is easy and can be earned and with great effort, appears.
    Many people think that only losses can affect the result of trading and the emotional state, but profits also have a very detrimental effect on a person if he begins to be self-confident.

  15. #65
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    Due to overconfidence, we lose control of activities and miss important points in trading that affect the result, so we need to be very careful with this.

  16. #66
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    So what is the essence of this project? Why did you choose such a name? What kind of earnings can you really get? I would like some specifics.

  17. #67
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    Quote Originally Posted by Thetabor View Post
    The worst thing, probably self-confident people, is that when they lose and make mistakes, they are not aware and continue to move in the same direction.
    I agree, but a healthy level of self-confidence is also needed because otherwise you can fall into the other extreme where you have too much fear and make bad decisions because of that.

  18. #68
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    Quote Originally Posted by Dora Wi View Post
    I agree, but a healthy level of self-confidence is also needed because otherwise you can fall into the other extreme where you have too much fear and make bad decisions because of that.
    I agree with you that there must be some certainty, but it must be reasonable and clear, in which case you can only achieve good success.

  19. #69
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    How much I have already followed this topic, I could not really appreciate - what is it about? I never understood the essence of the project, which does not bring good profit.

  20. #70
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    Quote Originally Posted by banake View Post
    How much I have already followed this topic, I could not really appreciate - what is it about? I never understood the essence of the project, which does not bring good profit.
    The traders must understand that if they would become overconfident trader then they can start losing their trading account very fast.

  21. #71
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    I wonder if someone started working with this project? And then judging by the reviews, no one was satisfied. Purely by observation.

  22. #72
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    So does the project pay or not? And then I watch the same user publishes, but the amounts are funny - only a few dollars, it's not even interesting to watch.

  23. #73
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    Honestly, this is far from the most interesting project, because the profit is quite small. And now there are projects on which you can earn much more.

  24. #74
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    I don't like such projects at all. I like it to be simple, and most importantly - reliably and a lot. And here somehow it is completely difficult to understand what, and how.

  25. #75
    You should always try to choose, focus on what to understand and understand how we can protect ourselves from stupid and unnecessary mistakes

  26. #76
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    So does the project work at all or not? Otherwise, the messages are incomprehensible, and it is quite difficult to understand whether it is worth working with such a project, or it is better to bypass it.

  27. #77
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    I did not understand the essence of this project. Honestly, I don't see such projects for the first time, and it's just a pity for people who spend time on this.

  28. #78
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    So what kind of project is this in general? I've been trying to understand for a long time, reading the topic - and all the same, nothing really is clear, because the information is completely off topic.

  29. #79
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    The line between confidence and self-confidence is quite thin, and when we walk in front of it, we and without consciously succumb to emotions and make mistakes, and in the end we do not earn anything.

  30. #80
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    Quote Originally Posted by Kardr View Post
    The line between confidence and self-confidence is quite thin, and when we walk in front of it, we and without consciously succumb to emotions and make mistakes, and in the end we do not earn anything.
    If we will be doing our trading with the proper use of the Self Confidence then our trading will also become Easy and Successful for us.

  31. #81
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    How long has this topic been alive, and no one has understood what kind of project it is, and what they are paying for))) A very interesting and reliable project, probably.

  32. #82
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    Quote Originally Posted by malopis View Post
    How long has this topic been alive, and no one has understood what kind of project it is, and what they are paying for))) A very interesting and reliable project, probably.
    I would say that those Forex traders who are trading in the Forex markets and have the Overconfidence need to understand that they will loose money here.

  33. #83
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    I don't like such projects at all. As for me, you can find much more interesting options for work, which will bring more interesting results to the trader.

  34. #84
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    Quote Originally Posted by malopis View Post
    I don't like such projects at all. As for me, you can find much more interesting options for work, which will bring more interesting results to the trader.
    We have to understand that in the business of Forex trading the main and the important thing for any trader is using a Correct Trading System.

  35. #85
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    0.40 USD: The amount of 0.4 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 06:58 09.04.21. Batch: 383973018.
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  36. #86
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    So I did not understand the essence of the work of this project, and even more - its advantages. As for me, that is, much more interesting, and most importantly - profitable projects.

  37. #87
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    Quote Originally Posted by dayzzz View Post
    So I did not understand the essence of the work of this project, and even more - its advantages. As for me, that is, much more interesting, and most importantly - profitable projects.
    This business is the easiest business for a trader to trade, and indeed everyone who does this business must learn and understand some of the ways it works, both capital management and control so that it can be better understood when entering the FreshForex broker.

  38. #88
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    So still did not understand the residual meaning of this project. I'm wondering if someone else is working on this project, or not?

  39. #89
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    Quote Originally Posted by banake View Post
    So still did not understand the residual meaning of this project. I'm wondering if someone else is working on this project, or not?
    We have to understand that in this business the main and important thing is to be able to get profits from our trades and maintain them.

  40. #90
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    1.00 USD: The amount of 1 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 04:22 13.04.21. Batch: 384933485.
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  41. #91
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    So all the same, who can explain what is the advantage of this particular project? Honestly, while I still do not understand why many people choose this particular project. And do they choose at all?

  42. #92
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    1.00 USD: The amount of 1 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 18:31 18.04.21. Batch: 386260499.
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  43. #93
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    Initially, when I first saw this topic, I thought it was about confidentiality. Now I understand that this is a completely different topic of discussion, but I did not really understand what exactly is being discussed.

  44. #94
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    1.00 USD: The amount of 1 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 04:26 20.04.21. Batch: 386567387.
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  45. #95
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    Judging by the title of the topic, I would like to know about privacy, and the details of this issue. In fact, the topic turned out to be completely different. Interesting, however.

  46. #96
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    Quote Originally Posted by malopis View Post
    Judging by the title of the topic, I would like to know about privacy, and the details of this issue. In fact, the topic turned out to be completely different. Interesting, however.
    It is important for us to understand that if we will become over confident then you will not be able to get the income that if required in the foreign exchange market.

  47. #97
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    1.00 USD: The amount of 1 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 05:29 27.04.21. Batch: 388253971.
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  48. #98
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    Self-confidence hides exactly makes it clear what mistakes we make and what needs to be done in order to improve our trading and achieve results

  49. #99
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    Quote Originally Posted by Lairis View Post
    Self-confidence hides exactly makes it clear what mistakes we make and what needs to be done in order to improve our trading and achieve results
    We will need to understand this fact that if we will have the Over confidence then we can take wrong trading based decisions and this can also lead us into getting more losses from the markets.

  50. #100
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    1.00 USD: The amount of 1 USD has been deposited to your account. Accounts: U20026372->U19811025. Memo: API Payment. Withdraw to InstantMonitorCom from LUXIO PROFIT.. Date: 06:34 04.05.21. Batch: 390339350.
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