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overconfident is ?

There is nobody in this market place who can predict the real faction of this market with certainly. so, we the traders always try to see overconfident ,they must have been living fool’s paradise. Before overconfident, we actually have to acquire most powerful analyzing trade knowledge by learning that always makes us proper confident which is very supportive to lead a comfortable trading life with certainly.
 
Agree with @radex, Overconfidence will harm a trader. But if someone is showing his overconfidence then it is also good in my opinion. That way others can point her mistake and she can work on not being overconfident.
 
If any trader already over confidence hence they will claim if analysis will very accurate and after trader open trades sometime with greedy then but what happen the market easy to change on minute and making fail if greedy usually

All of those emotions are related and one leads to another problem. So traders should set boundaries for themselves and try not to cross it.
 
Yes will good if any trader has rules trading, like as they will only use smallest lot size and never increasing lot before reached target profit on certain number, and always trade with risk management using stop loss, if we can trained discipline in trading hence we will become good trader I think

Those who manage risk, will always use a reasonable risk percentage on their trades. They won't think about the earning is low or things like that. If they are consistently profitable then it will eventually increase their income.
 
Traders should not be over confident because that can ruin their trading career as they may pass all the minute problems and which can be a big blunder mistake in the coming days .
 
Greed can lead to loss so traders should trade with a proper trade management plan and once they achieve their desired targets they should not get into more..
 
The overconfident is actually the attitude that related with greed which is mainly considered the foremost enemy for losing. Actually, there is nothing like 100% in Forex and that’s not possible at all to calculate the real faction of this market with certainly. So having the overconfident attitude as like the immaturity practically. So we should give the nature for passing a long time in this volatile trading place.
 
Traders have to be controlled in the over confident zone and for that they should practice a lot so that they can know their capability to exert
 
Yes indeed if we can making consistently profit hence will increasing income, but in fact in trades loss also part in trading, beside thinking to increasing income also as trader will need pay attention with the risk that involved

Consistently profitable traders will increase their lot size and use a reasonable amount of risk. They will do things in which they can stay stable for a long time.
 
Proper risk management, consistency, patience, trading knowledge and the required capital to start trading are the key components that every trader requires to get confident enough to earn his share while trading forex.
 
In the Forex field traders can be confident but when the overconfidence grips them its sure that their time to successful trading is finished
 
Actually there is nobody who can predict the real faction of this market place with certainly, that’s why the traders who always get overconfident about this trading place , they have been living in a fool’s paradise , but by acquiring proper trading knowledge we can increasing our trading confident not overconfident .
 
To become a successful Fx trader one has to achieve some good qualities like confidence, curiosity of gathering knowledge, free from emotion and greed. He must be hard working, perseverance, patient. He should gather knowledge from different sources and should try to gather knowledge from each and every mistakes. But first of all he should have confidence that he can be able to learn it. But it is to inform you that over confidence is very harmful for any task.
 
Overconfident can be a great reason for losing in Forex trading , because in spite of having most powerful analyzing trade knowledge that’s not possible at all to predict the real faction of this market with certainly, so I don’t know how can it possible to keep overconfident about this market place ?
 
We can conclude good trading decision by making accurate predictions through our experience but i don't think that we can win the market through overconfidence, so better staying away from our emotions while sitting on a trading desk.
 
The traders who have overconfident always fall a great loss. Because in spite of good trading knowledge that’s not possible at all to predict the real faction of this market with certainly, so I don’t know some traders from where get overconfident
 
We can conclude good trading decision by making accurate predictions through our experience but i don't think that we can win the market through overconfidence, so better staying away from our emotions while sitting on a trading desk.

Nothing emotional is good for a trader. So keeping all emotions aside while trading and based on facts which are present in front of the trader should be priority. Our main purpose is to make profit & not to show off.
 
Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit
 
Nothing emotional is good for a trader. So keeping all emotions aside while trading and based on facts which are present in front of the trader should be priority. Our main purpose is to make profit & not to show off.

New traders should make note of it as setting the emotions aside while trading leads to be a successful trader of future.
 
Overconfident is dangerous! It’s a common problem for the novice traders! Basically, novice traders start their live trading after making 2-3 TP trades in demo, that is overconfident! And they use high trading leverage because of using over lot size! And generally, all of novice traders crash their 1st trading capital because of their overconfident!
 
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