Greed was like a double edged sword. Greed can be very beneficial when used as a motivation to achieve a goal, but it would be very dangerous when not consider an important aspect for achieving these goals.
In the business world, including forex trading, greed inside is necessary. Greed becomes the motivation to be able to benefit. Unfortunately, many people who fail to control themselves when trading forex greed. Finally, the greed triggers any actions that would bring catastrophe, loss and even bankruptcy. Want to become a successful trader? Let self-control greed when trading forex by considering the following moves:
Consider capital wisely
Impossible if you want big profits but issued a minimal capital. When you want to get the maximum profit when trading, capital means that you will have to invest large. However, it is worth considering capital wisely. Think of the benefits gradually to minimize unwanted things. If you are a novice trader, you should keep greed who wants to gain a professional trader.
Creating a solid trading plan
Self-greed cannot be controlled because of the absence of a clear course of action. Therefore, before trading you not only have to choose PT. International Mitra Futures adalah broker forex legal yang telah terdaftar
but also make solid trading plan. Trading plan is like a map of the instructions, which will take you on a desired place. That is, the trading plan will make you become more purposeful action. In a trading plan, be sure to always make a plan B, C, or so on.
Setting a take profit with the right
In addition to setting a stop loss to limit losses, you also have to set take profit to be able to control greed. Here are the stages in the set take profit: think of how much profit you want to get (be sure to wise, according to ability, capital, and opportunity), perform technical analysis or fundamental, and then set.