It is a very good example, with respect to greed I think we have all been victims of greed at least once, of making a lot of money at once, and the lesson it leaves us is that we have to be patient, accept opportunities and things as they are, we cannot rush into thinking that we will reach $100k now and then in two months reach $200k and although technically it is possible because it is really very possible, we have to realize that this does not work like this, you have to have a lot of patience, and greed is something that we must eliminate from our lives to be much clearer in our thoughts.
Greed is a dangerous emotion, because we can lose because of this greedy nature, we should be able to get a profit but because of greed we hold on and hope to get a bigger profit, that's just a hope. it turns out the price has dropped drastically and we are stuck there.
Yes, lately I have stopped making money thinking that way just because of that feeling in trading, sometimes losses remind us that things must be done carefully, but there is something that we as traders must always consider when trading, and not trust that we know what is going to happen and how it is going to happen, it is not good, because basically when we are using many things like analysis, trends, indicators are always our allies in this, so trading in a Healthy way and Without exceeding our limits is what I always Recommend.