Quote from: shilpyh on May 29, 2018, 02:15:36 AM

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

Fear and greed are important factors that need to be addressed in the early stages of a trader's career. Fear is an uncomfortable feeling that something painful can happen ... mostly you will lose money. Traders, especially beginners, are often afraid of losing and it is understood as one of the most dangerous or even painful events in a trader's life. It was at that point in the transaction that one person realized they were wrong. Since no cutting order is used to move the cutaway away from the shelf to avoid harsh remarks, the trader will do everything to avoid having to admit that they were wrong and In many cases, they will remove all the losses.

Although the trading system may prove to be good and profitable, many greedy traders will remove the profit-taking order in an attempt to maximize profits. Of course, that is often when prices fluctuate in the opposite direction and profitable trading turn into losses. Greed is a kind of fear. Fear is not profitable enough. Get rid of your fear. Successful traders do the same.

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