Post
Topic
Board Trading Discussion
Re: Reasons for traders to look at!
by
IHF
on 05/01/2020, 12:18:07 UTC
Quote

I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.

Have you ever thought about the real thing Greed is representing? In my opinion Greed is another form of fear. More concrete: The fear of owning too little of a specific ressource in the future  Wink

So, the main driving force in Trading is and will also be FEAR!

In an Pareto way of live As a trader you have to handle your strongest Emotion, FEAR in the very first place.

Cheers ...