Thread: The main cause of greed.

According to my trading experience i have found the main reason of greed in forex trading,and that is "HIGH LEVERAGE" use during forex trading,if you use high leverage then you will be able to take high lot size more and more times so it is greed and it will ruin your account,but if you take low leverage then you are not allowed to take high lot size during trading,so in my opinion i will say that please remind my topic i think it will be helpful to all.thanks

I agree with you that states that trading using high leverage can lead to greed trading. we know that forex has a very high risk. so we do not need a jumble because it will hurt our trading. for it, I chose to use the leverage 1:500 of tenkofx

Greed is one of the basic human nature, we tend to make more out of anything in less time, and forex is no exception, everybody is here to make quick profit in less time.

Greedy is not good for our trading because then we will have a lot of losses. so we need to minimize losses if we want to succeed in forex. we need discipline to be successful in forex trading

if we do not discipline it will cause us to experience greed trading account. Forex is a business that has a high risk so as to succeed then we need discipline. if we can discipline against MM and RM are good, it will allow us to minimize the greed of trading