How to control greed in forex trading?
Most of the important factors to succeed in forex is control over greed. In every business, there is both profit and loss and you can face any of it. So keep in mind if you have no control over emotions and greed then it is very much possible, you have loss and you can leave the forex.
Being greedy is quite normal. You can say it is something that comes naturally to us humans. And when it comes to trading, it is easy to feel that greed building up as you imagine making a really good return. However greed that is not properly controlled can quickly lead you to make losses. This is in fact one of the main reasons why traders fail in my opinion. You need to be able to control your emotions so as to be rational in your decision making.
Jul 14, 2021 20:15