What is greed actually?

[teddalpiaz]

Please tell me the information of greed and how can it be beneficial or powerful for opening an alternate. If it is harmful how can I remove it from my exchange?

[Mikalrajas]

Mainly, greed is a feeling which appears after several successful trades when the trader is blind about the risks which every trade hides and the trader thinks that all of his future deals will be as successful as the previous ones.
Greed is a definetely negative emotion which occurs during a trading process and I cannot see any advantages of it, there are only disadvantages. There are many ways to get rid of this feeling but ot all of them are effective. As for me, I feel that the best way to eliminate such a psychological factor from your trading is to make your trading strategy precise and accurate with lots of criterial and objective metrics. In such a situation you'll hardly experience any kind of emotions, you'll concentrate on the objective facts.

[Gormicsta]

Greed is the desire to acquire something especially materials things.

[Perfect540]

Please tell me the information of greed and how can it be beneficial or powerful for opening an alternate. If it is harmful how can I remove it from my exchange?

Greed is a mental feeling that will make you attract something worldly or other material.  Greed can be caused by anything but the ability to control it is not equal in everyone.  Especially those who have managed to control their greed are only successful in life.  But controlling greed is the biggest challenge in investing and trading.

[Gormicsta]

I believe that greed is a selfish emotion that can lead to misbehavior, arguments amongst individuals, and further harm to our life.

[FOKA33]

Please tell me the information of greed and how can it be beneficial or powerful for opening an alternate. If it is harmful how can I remove it from my exchange?

Many  newbies/upcoming trader's who just got into the forex market uses the greed limit a lot, after placing a successful trade tends to add more trade and thereby causes a rug pull or turned out to loose the trade because of greed thinking the outcome would successful.

[EluguHcman]

Greeds mostly comes when you have a target and you have met with it but you feels you could gain more of it my staying a while and even yet you may have succeeded to gain as much you still want more of it.
This is simply a system where you can lost a million dollar at the caused of chasing one dollar.

It is very harmful and disgraceful that is full of regrets.
To avoid this then you must be contented to what is at hand probably what you have achieved depending on your initial targets.

[Mr. Allcrypto]

Greed for me is just being selfish, and if one allows his or her selfish emotions to affect him or her in business, trading etc.. then it can be harmful to you in different ways...

[gunhell16]

In my personal definition, greed is a habit in which you feel unsatisfied, wanting so much that you don't notice yourself becoming greedy. We are now controlled by the high desire for big money.

So it means that this is not a good behavior or character of a person, that instead of what we would have had, we end up losing it. Is the type of income that they should have because they wanted something bigger still lost because of its existence? greed.

[SmartGold01]

When they say greed or when you hear about greed is something that is in a person not just a person but it works in their mind.
To control greed you don't need to always need to chase every money, like for exchange trading you don't always needs to enter all trade because not all trades fetches you profits neither do all newly launched coin give you profits from holding them. Again you must always follows your instincts if it tells you not to enter market do not use because the market is always bullish and jump into market to trade without knowing it's just a mere bull traps.

[Rruchi man]

If it is harmful how can I remove it from my exchange?

Greed cannot be completely eradicated; it can only be controlled and kept in check because, occasionally, even experienced traders have lost trades because the allowed greed creep in. Greed can come in different forms and in different manners, that can be unexpected.

As a trader, you need to be able to identify a decision you are about to make as something based on the emotions of greed, so you can control it.

[Dr.Bitcoin_Strange]

Please tell me the information of greed and how can it be beneficial or powerful for opening an alternate. If it is harmful how can I remove it from my exchange?

Greed is a mental feeling that will make you attract something worldly or other material.  Greed can be caused by anything but the ability to control it is not equal in everyone.  Especially those who have managed to control their greed are only successful in life.  But controlling greed is the biggest challenge in investing and trading.

That's true, it's very hard for one to control greedy especially if they are in charge of worldly things like money which is the ultimate thing that makes people to misbehave and makes people to turn against each other, and when greed step in, it can make someone to go after it and even when they have it, they can't still be satisfied so that is why we should discipline ourselves to the extent that when we find ourselves in such case, we can be able to control our greed.

[Agbe]

Please tell me the information of greed and how can it be beneficial or powerful for opening an alternate. If it is harmful how can I remove it from my exchange?

First of all, greed is a default setting in the human Brain it can show up at any time because it's human nature but you must learn how to control it especially when trading the financial market. Having successful trades can make you feel invisible and always think that you can keep pushing to make more profits, people get greedy a lot when their trades are going well, instead of them to just hit their target and leave the market they will decide to keep trying to get more till they lose everything. Always stick to your target no matter how little the profit might be

[ericrale]

When you have a clear plan, it is much easier to follow it, and greed fades into the background. But this is ideal, when there is a clear plan)

[Chilwell]

Greed is when someone is not contented (not satisfied and not happy) with what he has and he is willing and eager to have more than that no matter the circumstances. It is the excessive desire or craving for the something more e.g money or something valuable for selfish interests.

Greed motivate someone to work very hard, it encourage them to find more knowledge and skills on trading or whatever they are craving for, it can lead to stress and depression which may harm the health of the person, it also lead to discrimination and conflict, it tarnished someone's image and reputation, greed also lead to loses.