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Forex
Greed and fear management
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[QUOTE="sincerem, post: 140259, member: 25228"] [B]MANAGING FEAR AND GREED IN FOREX[/B] When it comes to forex trading, fear and greed plays a major role determining traders downtime during trading. [B]WHAT DOES IT MEAN TO TRADE FOREX WITH FEAR?[/B] What causes some traders not making enough profit is the 'fear factor in them. And it happens mainly to the newbies in the forex trading market. experts doesn't trade with fear, that's why they're able to record large amount of reward through forex trading. Whereas newbies even lose out due to fear, and not wanting to take some risk, learn about risk management as well. [B] WHAT DOES IT IMPLY TO EXPRESS GREEDINESS IN TRADING?[/B] Greediness comes out to be the act of wanting in excess and not looking at the implications when it comes to trading. Most people see their funds going off cos of greed. They just want to trade, earn more financial reward and forgetting to know that the market is poised at 50/50, meaning their is every chance of a trader to lose and win also. As a forex trader which of this factors affects you more?? [/QUOTE]
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