Quote from: betswift on Today at 07:20:44 AM

Quote from: Lightmanalmani on November 06, 2024, 08:13:28 PM

Great response there, being greedy can equally increase losses in the market, applying risk management is key and knowing that not trading is equally a good trading strategy

Totally.
Greed leads to nowhere, albeit to nowhere with losses.
Even if a profit is small, it's still a profit. And it's a result of your effort.

Yes that is true and it seems that traders must re-understand the dangers or side effects of such greedy actions and it also seems that they must really be able to appreciate whatever amount of profit they get which on the other hand as you said that even though the amount is small but it is still a profit and the result of your efforts, and also realize that coming out with a profit is always a better result than experiencing a loss.

The point is if you want to get involved in the world of trading then know the various things that are allowed and not allowed to be done, remember that trading involves money and risk and that is the reason.