You will only realize you being greedy when you lose the trade because of greed or simply chasing the pump when its already about to dip.
Funny to know, yes this is only when you know. At the time you see your profit gone, that is when you will know but at the time of contemplation, you will not come to the reality of the possibility of not getting anything at all.
Fist management really also involves exit plan to maximize profit.
If you will make plan before you start trading you will avoid so many issues but if you will take wrong turn between trading it will harm you as every trader should have plan to keep patience as good and bad time comes in life but we will have to be ready facing it. Instead of quitting at wrong time we should wait and let the envioument be well so waiting is actual way to avoid risk .
Risk is always there and its unavoidable and as long you do fight with market price volatileness then youre actively playing with the risk.
Of course, proper planning and good emotion handling will really be suggested into this industry because if you dont do such thing then expect
for mistakes to be committed along the way.Its just a matter of experience on how you do manage things up because each person do have
its own free will on how to handle things into these kind of situations.