robertslynnp
New member
It is, in my opinion, a very typical issue for the majority of traders. We need to have a strong mind in order to combat our trading greed. We need to understand that greed will only hurt our finances, thus we must avoid it at all costs. Additionally, we can learn a lesson from our poor trading because we traded with greed.
I think control greed better way follow money management. If you follow money management then you never lost your money so your greed is not harmful. When you see loss and loss then automatically control your greed and you will be wait for suitable place which you can't face loss. In Forex it is easier to trade profitably but it is most hard to retain your profits, because greed will take over.
So kindly share what are the rules u following to deal with greed factor?
I think control greed better way follow money management. If you follow money management then you never lost your money so your greed is not harmful. When you see loss and loss then automatically control your greed and you will be wait for suitable place which you can't face loss. In Forex it is easier to trade profitably but it is most hard to retain your profits, because greed will take over.
So kindly share what are the rules u following to deal with greed factor?