Greed is an inordinate wanting, a longing that is out of control. Greed by its very own definition can never be satisfied.
Every trader or investor will experience Greed at least 1 time during trading. Without the Greed factor, there wont be the wanting to trade. Greed make a person want to risk their own money to make MORE MONEY. You need to be Greed with proper control will be an aid in trading.
"The point is, ladies and gentlemen, greed is good. Greed works, greed is right... and greed, mark my words, will save not only Telder Paper but the other malfunctioning corporation called the USA" by Gordon Gekko in "Wall Street"
- How often did you take profit and realise that you took it too early?
- How often do you rush into a trade because of the greed of wanting not to miss the opptunity to trade?
I will share how to manage your greed on the next article.
Subscribe to:
Post Comments (Atom)
1 comment:
Its true that greed can never be satisfied. But while doing trading it should be managed because sometimes its the greed that makes the person incapable to choose the correct trade option.
binary options
Post a Comment