New traders, don’t be greedy!

[Tom Latham]

Greed is one of the most common problem for new traders, they actually focus on their earning rather than learning! That’s too bad! Try to learn first, without learning- earring is totally impossible. So, keep concentrating on demo & practice.

 

[Richards]

It is really hard to change a man's nature but you can atleast try. Greed is an evil which creates barriers between relations. It destroys any hope of success in life. If your only motivation in forex trading is based upon greed, then i am sorry your stay in the forex market will be short-lived.

 

[Tom Latham]

It is really hard to change a man's nature but you can atleast try. Greed is an evil which creates barriers between relations. It destroys any hope of success in life. If your only motivation in forex trading is based upon greed, then i am sorry your stay in the forex market will be short-lived.

I have also seen a number of Forex traders lose their money so quickly because, they follow their greed & emotions! In this case, having a specific trading plan is very much important.

 

[amri.rudi]

I think even a master trader will be obsessed when he gain the profit. He will try to get more and more.

 

[LorrainMor]

In the current time, forex is the largest over the coutner market. When it comes to the trading in financial market like forex, a trader needs to learn the trading skills and expertise first. Millions of people around the world join here but majority of them fail to continue journey. Thereby, a forex trader first should give concentration on learning first, and then he may think for large profit or earning money in his desired margin.

 

[Changer]

You can't become millionaires overnight. Remove this thought from your head. Your greed will try to overcome you and make you into a bad trader. You should be patient and determined in your aproach. I know this is hard but you need to maximize your effort. Hope for the best.

 

[sininfinity]

You can't become millionaires overnight. Remove this thought from your head. Your greed will try to overcome you and make you into a bad trader. You should be patient and determined in your aproach. I know this is hard but you need to maximize your effort. Hope for the best.

Well some people get deaf and blind when it comes to money. They learn this truth the hard way. But being greedy does not mean he will become a bad trader. If he learns from that mistake then he will not let bring greed in trading anymore.

 

[Tom Latham]

You can't become millionaires overnight. Remove this thought from your head. Your greed will try to overcome you and make you into a bad trader. You should be patient and determined in your aproach. I know this is hard but you need to maximize your effort. Hope for the best.

Good tips, yes traders need to focus on learning rather than earning amount. When you have a good trading skill, then eventually you’ll get enough return for sure.

 

[Grinder]

A greedy person can never trade well as it is a game of patience and slow and steady nature. If you want to go quick then market will become quicker than you. So, always stay in the possible limits by depicting your capabilities. Have a good day! Stay blessed!

 

[Svetlana Loboda]

If you want to go quick then market will become quicker than you.

Well said, that’s the reality! There is nothing like quick success in Forex, without proper money management success is quite impossible here.

 

[Eduardo Lucchese]

Forex is tough for those who don't have enough knowledge about the market. Without knowledge, you can not make money from this market. But, if you have all the knowledge about the market, you can easily make money.

 

[Alexander Hudson]

You need to make a good and proper plan to deal with the losses. If you can not take proper risks, you can not make money from this market.

 

[Gito Dinev]

Greed often force traders to trade without trading plan. Traders also increase their trading lot size without proper risk and money management.

 

[Mark Dahl]

Avoid or control all kind of emotion in trading. Trading with emotion can be dangerous.

 

[Aaron_0]

Greed blinds new traders, making them chase profits instead of gaining skills. Learning comes first—without it, earnings are impossible. Focus on demo trading, practice consistently, and build knowledge. Mastery leads to sustainable success in trading.

 

[LouBega88]

Greed can cloud judgment and lead to impulsive decisions, ultimately causing losses. In forex trading, patience, discipline, and a focus on long-term goals are far more important than short-term gains driven by greed.

 

[Ethan]

Greed is a major issue for new traders, who often prioritize earnings over learning. Without proper knowledge and practice, making consistent profits is impossible. Focus on learning first, dedicate time to demo trading, and practice strategies. Mastery and discipline will naturally lead to sustainable earnings over time.

 

[helodear123]

Proper knowledge and practice we can only make profits once if we are lucky enough otherwise lose everytime till the balance is finished.

 

[Bahiya Shinam]

Greed is a common problem among new traders, as many focus more on earning than on learning. This approach often leads to losses and frustration. The key to success is prioritizing education and skill development. Spend time practicing on demo accounts, refining strategies, and understanding market behavior. By concentrating on learning first, consistent earnings become achievable over time, building a strong foundation for real trading.

 

[blackdiamond]

Trading is not a game to get rich overnight. Greed is a big problem for many beginners. They want to make a lot of money very fast without learning. Please practice on a demo account first to understand the market.