Greed is dangerous

Sep 25, 2020 at 11:57
1,551 Views
27 Replies
Member Since Nov 06, 2020   18 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   23 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   869 posts
Jan 03, 2022 at 17:39
Greed does not help you succeed. It tempts you to adopt strategies that cannot succeed.
Member Since Nov 19, 2020   104 posts
Jan 05, 2022 at 11:40
I have seen many traders suffering losses because of greed.
Member Since Aug 05, 2021   401 posts
Jan 10, 2022 at 15:49
Greed-based trading never ends well.
Member Since Jul 19, 2020   788 posts
Jan 10, 2022 at 22:49
HeavLeighGill26 posted:
Greed-based trading never ends well.
Of course, greedy trading is very harmful. And it never ends successfully.
Member Since Nov 06, 2018   83 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.
Member Since Feb 08, 2019   213 posts
Jan 11, 2022 at 19:17
It's a tough emotion to shake off
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