Post
Topic
Board Trading Discussion
Re: The #1 reason traders find it hard to follow their risk management plan.
by
alkuluku
on 31/05/2020, 04:53:11 UTC
I agree with you OP. Greedy is the biggest problem that every trader face, and even the pro trader will have the same problem. But if we still stick on the target price that we want, we will have a chance to eliminate the greed because we know that when the price can jump in a short time, the price will not stay on that price for a long time or the price will not always increase higher than that price.

We need to see when we need to sell the coin, especially if the price can touch the target price want, and don't expect to see the price will always go up more than the target price we have. Yes, it is hard but we need to try more and more so we the greed is not posses us and prevent us to make a profit while we can.

If we stick to a target price then we will need to hold for long term investment and eventually it will decrease our investment risk.
but most people do not understand this.