As I see, most of the new traders are greedy; because they have no idea on the reality! But when they lose their capital for 2-3 times; afterwards they become scared enough!
Greed is one of the emotions that is over powering in trading and many traders have suffered because of it. It requires a rational mindset and self control, getting past greed. It isnāt simple, but it is possible. It all comes down to controlling your mind.
Traders, in my opinion, need to put their greed, fear, and overconfidence on hold. As a result, whether you win or lose at Forex, remember to stay positive and focused on your trading goals and objectives. Always trade with confidence and the correct mindsetā¦
Thatās true, & I think new traders are unable to do so! Because, they are very new in this idea; it takes time to learn the attitude!
Most traders lose money because of their emotions. Some of them are overconfident about their skills while some are too fearful to open new trades. Some traders want to win in all the trades while some keep struggling to find the right trading strategy.
I would say that greed makes one trade with a variety of emotions. Greed emanates so many negative emotions that we cannot imagine. Other than that, fear is one of the biggest barriers to success in the forex market. Like greed, it also causes traders to feel a variety of emotions like anxiety, FOMO, and stress.
Controlling emotions is not as easy as said. There will always be some kind of emotional impact on your decision-making and thatās completely fine for humans. But make sure that you donāt get too carried away by your emotions and do consider your analysis. With time, you will learn to trade well solely on the basis of your analysis.
As it is my starting in trading and i am a bit greedy as well. So, how to control that very emotion while doing trading?
Iād say greed, anxiety, fear and overconfidence.
Going off track abit
Have a goal in place ,wether it short term or long term ,think why am I trading in the first place .I think this is very important .What are you going to do with all this money when you finally get there.
Have other activities outside of trading or whilst trading like physical exercise,or for the more interlectual types something else to stimulate their minds .
take breaks from trading come back more refreshed ,every trading day is different, especially if you had a particularly good week aswell as a bad one there no rush .
Greed, overconfidence and fear would be the trio emotions that I would suggest you work on. These can really mess up your trades and blow up your account. Learning to have better control of your emotions helps in becoming a better trader.
When trading, fear and greed are the two main emotions to understand and keep under control because negative emotions do affect how we trade.
Although emotions can get in the way of self-control and wise judgement, but they do not have unlimited power. One may master and manage their emotions by being mindful.
Maximum Forex traders are prone to emotion and make poor decisions as a result of this. As a result, they must get out of emotion because it is the reason traders lose money.
Personally, I plan to avoid greed, arrogance, and negativity. These three factors will constrain my personal trading performance.
Emotions to avoid : Panic , Greed, Anger, Cockiness and Stress.
Stress should be avoided at all cost. 
Certainly, These are four demons of trading that lead to a failure in trading. Any kind of emotions involved in trading can have an adverse impact on the trading decisions resulting in losing.
More about what?
I agree. When I first started trading forex, I was struck with emotions such as greed, fear, rage, hope, and anxiety, which not only impacted my day-to-day trading but also influenced my trading career. I understood that psychology management is important and started to work on it. By a lot of practice I started accepting losses and wins moderately and hence I gained control over my emotions.
If we do not fight these demons, we will always question our failure, and success will be far from possible. Therefore, it is necessary for us to accept and confront them, as well as work to remove them from our path to success.