Never Be Greedy!

[Hisbullah]

           -     That is the sad and not a good habit for a trader, in which we are supposed to have a clear plan and a clear target for why we are going to trade. Yes, we are there that we aim to get profit, but we must have a timeframe for when and where we will take a position and exit.

Just like what happened with OM, which was really burned, the men who were liquidated by them, particularly other whale investors who can be
said to have really trusted OM.

for a trader, you must have a clear target and we must remain consistent with that target, because sometimes greed also makes us change the target that has been determined. and that often happens, especially when the market trend is good, sometimes we are greedy and increase the selling target. and finally lose the best opportunity to sell, so we experience losses.

[DragonF]

           -     That is the sad and not a good habit for a trader, in which we are supposed to have a clear plan and a clear target for why we are going to trade. Yes, we are there that we aim to get profit, but we must have a timeframe for when and where we will take a position and exit.

Trading is not something that is done haphazardly; it requires precision and a well-structured plan. Just like it is said that he who fails to plan, plan to fail. This is applicable to a trader in that a trader who does not have a well-structured plan cannot profit from trading. Even when there is profit, it may not be properly channeled until it is lost. This loss may be the result of making decisions based on emotions rather than a plan or strategy.

This is bad because trading is best done in a systematic manner because the goal of trading is to make a profit, and a trader must lay out clear plans to make that profit. 

[milewilda]

           -     That is the sad and not a good habit for a trader, in which we are supposed to have a clear plan and a clear target for why we are going to trade. Yes, we are there that we aim to get profit, but we must have a timeframe for when and where we will take a position and exit.

Trading is not something that is done haphazardly; it requires precision and a well-structured plan. Just like it is said that he who fails to plan, plan to fail. This is applicable to a trader in that a trader who does not have a well-structured plan cannot profit from trading. Even when there is profit, it may not be properly channeled until it is lost. This loss may be the result of making decisions based on emotions rather than a plan or strategy.

This is bad because trading is best done in a systematic manner because the goal of trading is to make a profit, and a trader must lay out clear plans to make that profit.

Usually newbies will be having this kind of realization at the moment that they do experience for themselves about losing up money into their trades. Usually we do become that too optimistic about making money with trading but we do know that on the moment that they will be able to experience on whats the real deal on dealing with volatile space. We are the ones who do made those mistakes just because we've been that expecting too much. We are the ones who do made out such decisions basing up into our mentality and on the things that we've been able to learn up. You would be that making out acts on which supposedly that needing up to at the moment or time that you had that able to make out such experience and adjust accordingly. So it will be that up to you into this aspect.

[Legion]

Trading is not something that is done haphazardly; it requires precision and a well-structured plan. Just like it is said that he who fails to plan, plan to fail. This is applicable to a trader in that a trader who does not have a well-structured plan cannot profit from trading. Even when there is profit, it may not be properly channeled until it is lost. This loss may be the result of making decisions based on emotions rather than a plan or strategy.

This is bad because trading is best done in a systematic manner because the goal of trading is to make a profit, and a trader must lay out clear plans to make that profit.

Trading without a proper strategy is always a recipe for disaster since the trading decisions will be made on impulse. I believe most failed traders don’t take their time to think about long-term investment opportunities as they always pull the trigger to look for high return on their investments. Anything in trading is unpredictable but what we need to always do is to minimise risk and try to look for an opportunity where it exist. This way we will not be confused or perceive things emotionally but we will just follow the rules of the plan for succeeding in the market. Every trade should not be conducted impulsively but rather it should be done by following a certain pattern.

[UNIVERSE]

for a trader, you must have a clear target and we must remain consistent with that target, because sometimes greed also makes us change the target that has been determined. and that often happens, especially when the market trend is good, sometimes we are greedy and increase the selling target. and finally lose the best opportunity to sell, so we experience losses.

Of course, every trader must have a clear target for each their assets. It is true that this will make sure to avoid greedy. If we have a clear target, we can sell our assets immediately when it reaches the target. It will be different if we have no target, we may always wait for a higher price. This may lead us to miss taking profits. At the end of the day, we may regret it because the bullish period can be over at any time. Sure, this also avoid to have severe losses.

[rby]

The truth is trading actually requires high level precision and setting targets so you that you don't end up losing your your assets for being greedy but I've also decided to risk it all few times and 80% of these times I was "greedy" I ended up getting more profits than I would've taken if I was following my routine trading strategies. As a trader, sometimes, you just need to be greedy to make excess profit but don't just make it a habitual thing and also, learn how to be strategic whenever you want to risk it all so you can manage your losses of things doesn't go your way.

[enwi]

The truth is trading actually requires high level precision and setting targets so you that you don't end up losing your your assets for being greedy but I've also decided to risk it all few times and 80% of these times I was "greedy" I ended up getting more profits than I would've taken if I was following my routine trading strategies. As a trader, sometimes, you just need to be greedy to make excess profit but don't just make it a habitual thing and also, learn how to be strategic whenever you want to risk it all so you can manage your losses of things doesn't go your way.

It is satisfying to trust one’s instinct to make big decisions at the right time. The fact that you are capable of turning into an opportunity aspects that some individuals might deem dangerous proved that you do understand when it is time to be an extra step and when it is time to be safe. It is also correct that in the life there are instances when one can have big gains out of a particular deal but one should not indulge in such practise. Let me point out, that you are brave, still, you know that something bad can happen. That awareness will assist you to be alert in planning on what next step to take. They prove that you are not only greedy for the money but looking for the result with the ability of developing through the process.

[Glow]

Being greedy is never good and has never made anyone a better person if not worse,being greedy in every aspect of life isn't advisable and will cost you more than you think you can get and you will make bad decisions you will regret, but you see in trading being greedy ruins everything from your strategy your confidence your capital and install doubt and trauma of the money lost previously then subsequently destroys your trading career. So never be greedy and take what the market and your strategy has given you and take a break from the market.

[Nheer]

Being greedy is never good and has never made anyone a better person if not worse,being greedy in every aspect of life isn't advisable and will cost you more than you think you can get and you will make bad decisions you will regret, but you see in trading being greedy ruins everything from your strategy your confidence your capital and install doubt and trauma of the money lost previously then subsequently destroys your trading career. So never be greedy and take what the market and your strategy has given you and take a break from the market.

Greediness lead to failure and negativity when one practice greediness then he really has a long way to go cause that character is very bad and all it brings is negativity and failure. When you become greedy in trading you will lose interest in everything both your strategy and the trading overall like you will despair many things about trading and your analysis won’t work fine for you cause you apply greediness to the strategy. But when you take what the market has to offer despite it not loss take it and enjoy slowly but surely you account will move even if it just a dollar that add each day just keep on taking it don’t rush and don’t be greedy to become a profitable trader.

[Glow]

Being greedy is never good and has never made anyone a better person if not worse,being greedy in every aspect of life isn't advisable and will cost you more than you think you can get and you will make bad decisions you will regret, but you see in trading being greedy ruins everything from your strategy your confidence your capital and install doubt and trauma of the money lost previously then subsequently destroys your trading career. So never be greedy and take what the market and your strategy has given you and take a break from the market.

Greediness lead to failure and negativity when one practice greediness then he really has a long way to go cause that character is very bad and all it brings is negativity and failure. When you become greedy in trading you will lose interest in everything both your strategy and the trading overall like you will despair many things about trading and your analysis won’t work fine for you cause you apply greediness to the strategy. But when you take what the market has to offer despite it not loss take it and enjoy slowly but surely you account will move even if it just a dollar that add each day just keep on taking it don’t rush and don’t be greedy to become a profitable trader.

You are right and the most suprise and heartbreaking thing about it is that some people especially new trader don't even know that the are being greedy because they don't even know the market structure enough to take profits at the potential resistance or support levels,this should be spoken about more.

[DavetJack]

We should never be greedy for anything because only this greed can destroy a person. Although it is a real thing that is naturally present in every person, we have to control this Greed and deal with it so that we will never be greedy for anything in excess or we will not do well. We should be fair about what we can get from there so that we do not have any risk that we can lose more than that later. Especially this happens more in trading, there are many brothers who, if they can earn a good amount there first, get greedy for it and want to earn more, later it is seen that they lose all their income and later the person gradually makes more and more and his life is destroyed.

[enwi]

We should never be greedy for anything because only this greed can destroy a person. Although it is a real thing that is naturally present in every person, we have to control this Greed and deal with it so that we will never be greedy for anything in excess or we will not do well. We should be fair about what we can get from there so that we do not have any risk that we can lose more than that later. Especially this happens more in trading, there are many brothers who, if they can earn a good amount there first, get greedy for it and want to earn more, later it is seen that they lose all their income and later the person gradually makes more and more and his life is destroyed.

I understand that it is only natural to want more, however, I disagree with the statement when one does not know where to draw the line. In trading everything is always in a state of flow where entering and exiting the markets can define whether one emerges perishing or richer. You can expect better outcomes but the reality is that there comes a time when one should draw the line. Not because everyone cannot, but because many do not know when to quit as far as it is applicable. To be able to keep up with such a pace it is better to be able to evaluate the results today, rather than chase after numbers. I think you will be less stressed when you takes what you have, but not close your eyes for reasonable opportunities.

[Gurujebs]

You are right and the most suprise and heartbreaking thing about it is that some people especially new trader don't even know that the are being greedy because they don't even know the market structure enough to take profits at the potential resistance or support levels,this should be spoken about more.

This thing about greed doesn't have to be about trading alone. In life, makes sure you need not have greed inside because it consumes you and even logical reasoning becomes a complex mathematics where you are supposed to use a simple math, you only keep having more and more to the point that you end up losing everything.

If you have enough profit in anything you do, try and pull back some money so that you don't end up losing the profit you made and the investment that you put inside the investment, it's applied to any investment in life, not just trading alone.

[sampoerna]

Greediness lead to failure and negativity when one practice greediness then he really has a long way to go cause that character is very bad and all it brings is negativity and failure.

Exactly, this condition very often occurs that our opportunity to succeed when we do trading or investment, but in the end it must be destroyed because of the greedy nature that is indeed excessive in us. This may later be able to affect our mindset and also various plans that we have arranged very carefully. So, we really have to pay close attention to several things related to our mental strength, emotions, and also our greed.

[SmartGold01]

Greediness lead to failure and negativity when one practice greediness then he really has a long way to go cause that character is very bad and all it brings is negativity and failure.

Exactly, this condition very often occurs that our opportunity to succeed when we do trading or investment, but in the end it must be destroyed because of the greedy nature that is indeed excessive in us. This may later be able to affect our mindset and also various plans that we have arranged very carefully. So, we really have to pay close attention to several things related to our mental strength, emotions, and also our greed.

Yeah, you are right and whenever a trader or investor does not have a stable mindset they because that obsessed with themselves or to anyone whom they finds closed themselves, trading as we know needs a stable mindset and whatever that affects the brain surely affects the mind and the two works collectively to make a good result, that is why they must be at same state to produce good results.