Overconfident

Jun 04, 2018 at 11:08
7,044 Tampilan
87 Balasan
Menjadi Anggota Sejak Aug 11, 2017   870 postingan
Jun 04, 2018 at 11:08
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.
Menjadi Anggota Sejak Feb 22, 2011   4573 postingan
Jun 05, 2018 at 05:45
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.
Menjadi Anggota Sejak May 10, 2018   22 postingan
Jun 12, 2018 at 12:16
togr posted:
I would say many users here are overconfident.
Without proper knowledge, without single profitable account
they post their nonsenses here and they are not open minded to get some more knowledge from the feedback.

I agree with you.
nasrul_poyo
forex_trader_458816
Menjadi Anggota Sejak Sep 11, 2017   117 postingan
Jun 13, 2018 at 06:20
Overconfident comes when you had a serious debt. You need express money to clear it or at least you can breath. Unfortunately, most of them unlucky 😂
Menjadi Anggota Sejak May 30, 2018   20 postingan
Jun 14, 2018 at 10:27
Overconfidence should be avoided at all costs as sometimes this market can turn against your expectations within seconds. It will land you in a tight spot as you become hungrier for more profits putting your earnings in risk. Learn from your mistakes and of others as well.
Menjadi Anggota Sejak Jun 14, 2018   10 postingan
Jun 14, 2018 at 13:29
But how can one avoid over confidence. It is human nature to think you are great when results have been going well for months
Menjadi Anggota Sejak Feb 22, 2011   4573 postingan
Jun 14, 2018 at 14:49
StanfordB posted:
But how can one avoid over confidence. It is human nature to think you are great when results have been going well for months


Simply create robots to trade for you like me.
nasrul_poyo
forex_trader_458816
Menjadi Anggota Sejak Sep 11, 2017   117 postingan
Jun 17, 2018 at 14:20
I agreed with @togr , and i login my account with investor password. Thats how i control my emotionssss 😂
Menjadi Anggota Sejak May 10, 2018   22 postingan
Jun 18, 2018 at 11:59
Mohammadi posted:
For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.

Not just in trading but overconfidence could be fatal in every field.
Menjadi Anggota Sejak Apr 18, 2018   17 postingan
Jul 04, 2018 at 10:06
Overconfidence will surely hit the traders lose their balanced mindsets and the view becomes strongly influenced by their beliefs. That weapon surely hurts them badly.
Menjadi Anggota Sejak Jun 26, 2018   9 postingan
Jul 05, 2018 at 08:33
I like to use automated systems to trade with. That way there are no emotions and no over trading
nasrul_poyo
forex_trader_458816
Menjadi Anggota Sejak Sep 11, 2017   117 postingan
Jul 05, 2018 at 10:47
YellowStoneFX posted:
I like to use automated systems to trade with. That way there are no emotions and no over trading


Same mine 😎
Menjadi Anggota Sejak Jul 05, 2018   11 postingan
Jul 06, 2018 at 06:38
I use auto a lot but i find that sometimes some old school gut instinct is best. especially with long term moves
Menjadi Anggota Sejak Jul 14, 2018   10 postingan
Jul 15, 2018 at 06:24
If you use gut instinct to trade then you will end up losing your account. Nothing but hard analytics is what you need in trading
Menjadi Anggota Sejak Apr 18, 2018   17 postingan
Jul 16, 2018 at 13:50
Right, analytics (psychological) minus emotional is needed for every traders to success.
Menjadi Anggota Sejak Jul 24, 2018   10 postingan
Jul 24, 2018 at 12:03
I do not understand what do you mean? Do you need to analyse your phycology?
Menjadi Anggota Sejak Aug 06, 2018   13 postingan
Aug 08, 2018 at 07:30
Overconfident is a natural way to react especially in trading. And it should be avoided as early as possible to avoid the great loss.
Menjadi Anggota Sejak Aug 09, 2018   12 postingan
Aug 09, 2018 at 10:19
Easier said than done. I find it helps to trade using strict guidelines e.g. only 6 trades per day, risk only 1% of my account. This helps control everything
Menjadi Anggota Sejak Feb 12, 2016   394 postingan
Aug 10, 2018 at 10:28
Even if you have this "overconfidence" in your mind, markets can bring you down to earth very quickly. It all comes to learn your lesson timely before losing too much!
Accept the loss as experience
Menjadi Anggota Sejak Jan 03, 2018   150 postingan
Aug 10, 2018 at 15:07
TiffanyK posted:
Even if you have this "overconfidence" in your mind, markets can bring you down to earth very quickly. It all comes to learn your lesson timely before losing too much!


wisdom talks here ,second that
nick123427@
Masuk / Daftar untuk berkomentar
Anda harus terhubung ke Myfxbook untuk memberikan komentar
*Penggunaan komersial dan spam tidak akan ditoleransi dan dapat mengakibatkan penutupan akun.
Tips: Memposting URL gambar/YouTube akan otomatis menyematkannya di postingan Anda!
Tips: Ketik tanda @ untuk melengkapi nama pengguna secara otomatis yang berpartisipasi dalam diskusi ini.