[5]. Don't be greedy:The master of it all.
Indeed. We have to learn to control ourselves, not only in trading but also in everything that we do that involves money. Its a human nature to be greedy sometimes but be wise to not regret your decision.
Do you think it can be easy? Honestly, the hardest part and really challenging are how to control emotions. Many had tried it hard but many had also failed.
We can stop greediness in real life, I can tell I was greedy then but I know it wasn't at the highest level of greediness where we lose control of our emotions and have been in hard to make good decisions.
Earning more wasn't greediness at all, it was just the result of hard work and dedication. This is what I saw in myself.
Agreed, when you start winning trades, such as three in a row, greediness drugs kick in. always think that you'll always win the trade and that no one can stop you. It is really hard to control, but practice makes perfect. This word is really used by most traders, and when you are watching any tutorials, this is really what they say, because no matter how good your strategy is, if you can't control your emotions, you'll end up losing. But again it is easy to say but difficult to be done.