Post
Topic
Board Trading Discussion
Re: Traders Stop Being Greedy.
by
carlfebz2
on 14/07/2022, 22:29:33 UTC
Greed seems bad in everyone's view but you can't deny that thanks to greed, people are more likely to hold and push the price higher. You've to understand now all greed is bad since crypto has some form of greed in itself, attract investors thank to the 'get rich quick' scheme and exposing it to the mass public and social media.

Controlling greed is of course important in trading. Because traders who control greed get good results in trading. Because trading is a game of experience, any move in the hope of a quick profit can be costly.

The way everything is promoted on social media today about trading, things are shown to be very different from the reality. So a trader must follow the market trend and take trades after controlling greed.
Greed could fucked you up not only on trading but also in other investment or activities as well which does really involved money or funds to be used.Greed could put you in big trouble since this would really be

resulting on bad decisions because you arent really following your analysis in the first place.If you do hurry up yourself on making profits then you wont really be able to mind or think off carefully on things
that you must do.

Stick with the basics and stick into your analysis even though its not that precise but it is really better that you are on the track rather than hurrying up yourself on trading
and minding on making yourself rich. hehe.