Never Be Greedy!

[Legion]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

Risk management is really important in trading because managing risk determines or defines success in trading. For this reason, it is dangerous to be involved in the Forex market without adequate control of risk due to the fact that a trader can end up trapped in a losing position. To my mind, it is equally important for a trader to know how to lose and how to lose less than an opponent. Emotions are an essential aspect of life and this shows that decisions made when emotions are cordial are more sound and well made than otherwise. Hence, having good risk management plan erected will assist the trader to remain comfortable even when faced with conditions that are contrary to the norm.

[Stuart]

Yes, that is a true story that I experienced, and there may be many similar stories out there. Actually, greed is also just an outline, because it can bring other things. For example, greed will make us jealous of what others do or what others get. Well, these kinds of traits will come if we have greed and of course it is a bad trait.

That's where knowledge and the cold head come into place.

Risk management is essential to keep up the pace and not fall off eventually.

Risk management is really a important aspect of trading, managing your capital will help you stays on your toes and keep managing your capital. Most newbie don’t really understand the value of managing capital they Always try to get the big bags so fast they are hasty to gain big profits not knowing it takes patience and consistency to move forward.

Getting big bags is good, if the experience is matured in the crypto trading system, otherwise, it is for the moment a blooming flower at its tender age. As important as risk management could be, so is it import to protect profits when trades are going in positive accordance. Being knowledgeable is a vital tool for good traders, while on the process, the need for other learnings like the risk management, profit protection, self-discipline (which will have to deal with the greed problem and other things that might be related), consistency etc. are some nonnegligible tools for successful trading in the crypto market.

[Mr. Magkaisa]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

[Blaze]

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

In the activity of buying and selling in the market potential, predicting what may occur is an indispensable procedure. This is not leaning towards prognosis, but how we have ourselves poised for various contingencies. If we have made some conditions and agree to follow the rules we have come up with, it will not be hard to maintain stability of the desired results. Further proof from day to day experience will consolidate the impression that potential results measurement is not an addition but a part and parcel of the strategy that we are applying today. From this habit, we, too, can recommend the same to other co-workers in a way so that they do not say this activity is based on hope only. What is essential in organising steps can moreover have an actual impact to the outcome we get.

[Dr.Bitcoin_Strange]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

Yes, I agree with you both. Some traders are just trading randomly , that is why they have not become profitable in trading yet. If a trader masters their emotions and also learn how to properly manage risk, then they will have more profit from trading than losses. I can remember that when I didn't know much about risk management, I had more losses than profit but now it's better. Those who are profitable in trading have already master risk management and don't allow losses be more than the profit they make.

[Celph]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

Yes, I agree with you both. Some traders are just trading randomly , that is why they have not become profitable in trading yet. If a trader masters their emotions and also learn how to properly manage risk, then they will have more profit from trading than losses. I can remember that when I didn't know much about risk management, I had more losses than profit but now it's better. Those who are profitable in trading have already master risk management and don't allow losses be more than the profit they make.

   Well said comrade.
  Thing is; when talking about risk management; investors tend to combine risk with greed.i think they are almost of the same branch.one gives birth to another basically.Before  an investor takes certain decision; i think it’s important to not allow your emotions define your decisions.Emotions are tricksters i would always say.I dont take certain risks while investing just cause i would like to gain alot from that investment; I consider other basics which i think it is important to do before making some certain decisions.The platter could be very tempting but what benefit does if derive if you loose at the end?

[DavetJack]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

I think nothing should be done greedily. Because we have seen many people who have ended their lives because of this greed. To be a successful businessman, he has to follow many rules and regulations, the person has to be controlled and he has to follow the rules of everything. Many of us are involved in investing in the stock market. Among them, there are many who invest there without knowing the details about the market. Or they enter into trading without knowing the details of the basic things about trading. As a result, they get hurt there. So I would say that if we are going to achieve success somewhere, we have to know the basic things first and then move forward. Let me know your comments.

[doc]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

Yes, I agree with you both. Some traders are just trading randomly , that is why they have not become profitable in trading yet. If a trader masters their emotions and also learn how to properly manage risk, then they will have more profit from trading than losses. I can remember that when I didn't know much about risk management, I had more losses than profit but now it's better. Those who are profitable in trading have already master risk management and don't allow losses be more than the profit they make.

I also agree with you, in trading we must be able to master risk management because the risk in trading is quite high. It takes knowledge and experience in trading, including proper emotional management. because we are also always faced with bad emotions that make us not focused on making analysis and developing strategies. We must focus on several coins that we have analyzed and do not do random trading, because it will only cause losses.

[Blaze]

I also agree with you, in trading we must be able to master risk management because the risk in trading is quite high. It takes knowledge and experience in trading, including proper emotional management. because we are also always faced with bad emotions that make us not focused on making analysis and developing strategies. We must focus on several coins that we have analyzed and do not do random trading, because it will only cause losses.

This is something that we all indeed understand in carrying out trade activities. Any action passed will involve certain consequences; thus, prudence becomes something that is quite normal. I do agree with the statement when Augustine made in a condition where the market is in a move, one must remain composed while at the same time being aware of the event for better decision making. It will be possible to have a better approach to spending our time and to avoid wasteful actions. When actions that may appear to be insignificant are carried out over and over without a clear goal in mind, the outcome is less than desired. Hence, clarity of thought and not to be enticed by the winds of uncertainties will erratically assist in ensuring the quality of the next steps we take.

[Nheer]

risk management is very important in trading, because we must be able to minimize the risks we take.
because in trading there is always a risk. We can't always win but we can minimize the losses we suffer, that's the function of risk management.

True, risk management is crucial because of the risks involved in trading and other types of investments. The trader will be able to trade emotionally-free and make better decisions as a result. The trader should be able to afford to lose any money that is allocated for trading.

Trading will not always go the trader's way, and when it does, the trader loses money. Events such as these are constantly occurring, which is why it is crucial for traders to adopt risk management.

      -      It maybe a crucial one but once we learn it correctly it will be a great help to our traders for sure every time we do the trading activity we want. When we really master this risk management for sure we can teach it to other people so they can also benefit.

Because we know that its effect on us we will know how to control the profits and losses that we can experience when we do trading activity on the exchanges that we will use to trade cryptocurrency.

Yes, I agree with you both. Some traders are just trading randomly , that is why they have not become profitable in trading yet. If a trader masters their emotions and also learn how to properly manage risk, then they will have more profit from trading than losses. I can remember that when I didn't know much about risk management, I had more losses than profit but now it's better. Those who are profitable in trading have already master risk management and don't allow losses be more than the profit they make.

I also agree with you, in trading we must be able to master risk management because the risk in trading is quite high. It takes knowledge and experience in trading, including proper emotional management. because we are also always faced with bad emotions that make us not focused on making analysis and developing strategies. We must focus on several coins that we have analyzed and do not do random trading, because it will only cause losses.

Risk management is a very important aspect In trading cause without risk management then you will end up being a trader without a capital, even on your first trade if you don’t apply risk management then your capital can get swept that same day. Knowledge is also a key aspect In trading without knowledge then you ain’t a trader you are just a gambler trying to predict the market and at the end you will face alot of depression and emotional pain cause you will be in a very dip thoughts.
Every trader should apply risk management to your trading either you have big equity or small equity risk management is really necessary and knowledge will keep you going and progress you with profitable entry’s.

[Marivic27]

There are lots of rules to be a success trader and greedy plays a vital role.While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a losser.

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

[Uruhara]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

[DavetJack]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

Yes you are right, one of the reasons why a prominent trader loses money and faces losses is greed. Many traders are losing their money due to this greed. Many times when they invest in a currency, they invest too quickly without checking its future properly, and as a result, they lose their money. Although this greed is actually inside every person, we should try to avoid it, and after looking at the future well, we can move forward.

[densus88]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

yueah greed is very dangerous and can throw away our best opportunities or chances to make a profit. I agree with this opinion because several times I have experienced losses because I delayed selling my coins because I was greedy to get higher profits and it turned out that the market experienced a long correction.

[Mr. Magkaisa]

I agree on that the number one reason of losing in trading is greed, many traders wanted to earn a big profit that is why even if they already earn they don't stop because they want to earn more and they only realized it when they already loss including the capital,this is the most common problem of the trader specially to those who are newbie they can't control emotions and they will end up losing even if expert repeatedly say that control your greed and emotions but still newbies did not understand.

One of the things that causes traders to experience losses is greed. And another thing that often causes traders to experience losses is haste. Sometimes novice traders don't want to wait to see more markets worth trading. So they often act aggressively and this causes them to experience losses more quickly. Even though when they are lucky, sometimes they also get quick profits. But that's quite rare.

yueah greed is very dangerous and can throw away our best opportunities or chances to make a profit. I agree with this opinion because several times I have experienced losses because I delayed selling my coins because I was greedy to get higher profits and it turned out that the market experienced a long correction.

        -       Some traders ignore greed, instead they baby it or nurture it to grow into their personality as individual traders. This is also their problem in reality. So, I think greed will never go away. It's just there all around us, if we don't get rid of it, it won't control us for sure.

Everyone in the crypto community, particularly in the trading industry, knows that I don't know if others are just letting greed get to them or maybe they don't notice that greed is already having an opportunity to absorb them as individuals.