Quote from: Rufsilf on November 01, 2019, 01:28:39 AM

Quote from: DeathProxy on October 31, 2019, 08:20:07 PM

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit. But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading. Greed is one thing that makes traders loose funds while trading, if a trader can tame greed then the trader can maximize profit from crypto trading

Greed is already a part of our life, not to mention that person don't have cause he/she have it already but only in the other way.
Being in trading it is important to know our capabilities and to know also where could find a way to help us to be more profitable in this field. Yes, it takes time to develop and change our mindset into a positive. We can't just simply put our money at risk without having assurance for returns and using charts and trading signal is a helpful thing to acquired.

I actually wrote a piece about that as well on Steemit: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-useless

The beautiful part is that for advanced traders, they do not only master their own emotions. No. They also understand the emotions of others. It's precisely these emotions that make them understand which direction an asset is going. Greed will start as a negative and dangerous emotion for you while trading. But in the end it's the understanding about greed that will make a trader profitable and help to predict what others will do.