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Greed is dangerous
Member Since Nov 06, 2020
15 posts
Nov 24, 2020 at 07:57
I agree. One must not be greedy when trading. This will only magnify losses.
Member Since Nov 10, 2020
19 posts
Nov 26, 2020 at 05:08
As a beginner, start small. Don’t risk too much money in the beginning. It will only demoralize you from the very start.
Member Since Jul 23, 2020
816 posts
Jan 03, 2022 at 17:39
Greed does not help you succeed. It tempts you to adopt strategies that cannot succeed.
Member Since Aug 05, 2021
394 posts
Jan 10, 2022 at 15:49
Greed-based trading never ends well.
Member Since Nov 06, 2018
81 posts
Jan 11, 2022 at 13:45
UweMoench posted:
Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long.
One of the worst traits to have - I'm sure everybody goes through this at some point though.
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