Never Be Greedy!

[inewoods]

Greedy will kill your portfolio in many way when market in rising you choose not to close out your position and take the profit however the market suddenly make a huge drop which can be due to many events happen in a short time.Off your profit and even worst a losing trade.

[marcsymons]

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.

But how can we define greedy in trading? We just aim to earn more profit and earnings in decent ways but i don't know where is the greedy thing on that? Lot of people become rich in trading but i can't tell if they are greedy or not because for me you will not lose your investment if you will just know how to hold, sell and trade properly.

[laughingburger]

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.

But how can we define greedy in trading? We just aim to earn more profit and earnings in decent ways but i don't know where is the greedy thing on that? Lot of people become rich in trading but i can't tell if they are greedy or not because for me you will not lose your investment if you will just know how to hold, sell and trade properly.

Money management and the strategy plays a big part. You must tune yourself to be a robot in trading to profit in the long term.

[koplak]

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.

the greed of commerce is already a person's trait, and there is so much that I see in the crypto trade, and those who had hoped for their coins went higher, but they were wrong to analyze it that eventually the coin went down deeply.

[felixesteban]

Like you said  greedy plays a vital role in crypto world. I think human nature never satisfies, and it always wants more. It's the best strategy to set a goal beforehand and stick to it.

[altcoingamer]

Just don't lose your way guys and gals... 10-20% profit in something is 2+ years in a stock market trade most times.. don't let the crypto crazy gains blind you from the real money you may be passing on everyday holding out for something better that may never come!

[bityndye]

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.

There are times that being greedy will work in your favor but most of the time it wouldn't be good for you because you will not be contented with your profit so you want more and end up being at a loss given that crypto prices are very volatile. You should always take profit because I become greedy before so I end up with losses instead if profits.

[inewoods]

Yes never be greedy when trading. The next minute the market might turn to another direction, if you are greedy you will be stuck in between from cashing out or hold on to the losing position.

[Barmalei]

if you the investor, then the patience is very important, as well as at the short auction. never it is necessary to be greedy - it will lead to losses as you will make in that case unprofitable transactions

[zgrdyg]

There is a saying in my country that profit is beautiful when its in your pocket. So being greedy ends up being poor imo.

[Quantum X]

You can be greedy in trading but too much greediness will surely bring you regret. This is the tragic moment of every trader that was eaten by greediness.

[koplak]

You can be greedy in trading but too much greediness will surely bring you regret. This is the tragic moment of every trader that was eaten by greediness.

it is very true, that greed will only make us lose more, because when we get the benefits and profits it may not be what we want and we are obsessed with the greater benefits that we get, which in turn makes us trapped in greed we alone.

[kurapika]

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.

Exactly...that's the reality and hard to remove that mentality since we are dealing here with money and our ultimate goal is to get bigger profits. I prefer to set my goals and sell it when the price hit my target...never extend because crypto is unpredictable you will just notice in a few minutes the price was already down.

[santawarrior]

Agree, we should be careful in our decision and patiently waiting for us to gain a big profit.

[Barmalei]

greed it is very bad, I came across on greed. There is a wish to take everything and at once, and it turns out on the contrary. The price ceases to grow and begins to fall, and in the thought head "it was necessary to sell!" but already too late