Topic: A Good Solution Of Too Much Greed In Trading ? (Read 1401 times)
You should plan on how much do you wanted to gain like if you hoped to gain 20% profit then you can set your desired amount to sell on the automatic selling so you can have a secured selling trades and you can also do it when you buy, you should use your mind not your emotion.
There are some people that are too much greedy when it comes of trading their coins. I think the solution of that is patience, if you have patience in trading you will be successful.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion 
Mostly new traders get excited on seeing their invested coin's price going high.Without realizing that it is being pumped and it would be soon dumped,they just follow its price without finishing the trade. Suddenly when the pumped coin reaches its high limit and gets dumped by the group which pumped it,the price just starts to fall rapidly.These new traders would immediately place sell orders but of no use as the price would fall much faster than the sell order price.At last,they would sell their coins at a much lower rate than which they bought.
In order to avoid this,they should set a profit limit of 5% or 10% and as soon as they reach that limit,they have to just finish the trade.By this way,they could avoid greediness and losses.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
That's a very hard to actually avoid because when it comes to trading temptation you probably put everything and expects a big profit which is good but taking too much is not really good. Balance must be put in your perspective and never ever forget that. I know it's hard to resist but take it slowly to take away your greedy character. 
You’re only one making the decisions and emotions..You are your own worst enemy you need to learn a technical aspect you might learn money management and the emotional management which is great. Avoid trading if you are in the bad mood. Remember that emotions are temporary, Don’t let your emotions destroy you.
Emotion destroys someone who can not manage that emotion,greed in trade is not difficult must be full of patience to do it.It's just that everyone including me has emotions,back to the topic of the best solution in managing greed is to forget what you have forget that prices are falling sharply. 
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
The best advice I can offer you is to determine in advance a price to sell at and then to make sure you stick with it, you need to have a clear head and make informed decisions, sometimes I find it helpful to say to myself 'would I buy at this price' if the answer is no then sell.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
i think to avoid greedy, you should try to make one price when you want to sell your coins so you don't have to change the price if the price trying to increase too often. with this, i think after you decide the price for sell, then you can close the browser and do another activity so you don't have to be greedy. it is not good to have greedy in trading because it will makes you can not control your emotion and finally your trading will fail without making any profit at all.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
Too much greed is one of the problems you would really face not only on trading but also on gambling too. When you are really have a problem on greed on trading you would most likely ending up on losing because you are already treating it as gambling based on your actions and the orders you would made on a certain coin.The solution on this is try out to control your funds and make a good management.Make plans according on the possible actions you would made. It wont really be an easy job if you are really a greedy person but somehow its manageable. 
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
Greed is usually the hindrance why of some us failed to earn in trading , letting your emotions control of your actions can really affect your decision in buying or selling.
We should set aside our emotions and have a concrete plan or strategy when you trade and dont think of being rich quickly. Its better to prefer for the worst so you will be prepared whatever the outcome is.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
It is imperative that you always set targets for your trades and then stick to them. The feeling of being too greedy and then losing your profit is far worse than when you sell early and could've profited more.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
i think to avoid greedy, you should try to make one price when you want to sell your coins so you don't have to change the price if the price trying to increase too often. with this, i think after you decide the price for sell, then you can close the browser and do another activity so you don't have to be greedy. it is not good to have greedy in trading because it will makes you can not control your emotion and finally your trading will fail without making any profit at all.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
Close your platform, turn off your laptop and get out from there. Simple, but need hard work and clearly mindset to do that. Greed meaning you don't have emotion control, so loss will be your friend. Let your strategy become your guide, if say buy just buy , say sell just sell, and if say " cut loss " never hold it. Keep doing that and I believe you'll never greed again. Good luck.
I Am New At Trading Some Of My Trades Actually fail because of too much Greed is there anyway how to determine how to stop ? and avoid this Greed Emotion
There is right time for the right price. Be contended on what you get because it is better than losing of capital/profit. Failure is part of successful, you need to know your mistakes to avoid it again in next you encounter that challenges. And being a trader it is not easy to become professional, we can't predict when is the time of increasing the value. I can suggest that there's a setting of price you think/satisfied that you have a profit, in this strategies you don't need to monitor always the price of coins instead if they reach the value you set it will sell.
Controlling your greedy emotions is usually greedy emotional because of your fear, you need really good understanding of the system of trading. How the market moves and you can then the emotions and the fear are subsided because you understand well. Emotional management is important, especially in trading. Don’t always greedy you will lose your effort in trading.
The general good approach would be considering any money you invest as already wasted or thrown away. If you understand that and stop treating the money as something important or needed, you will be able to trade without any emotions, therefore aiming for the cold calculations and not emotions of being rich quickly or fear of losing that money. Trading should be considered a skill of market research and calculations and for sure not like some easy way to double your salary. Deprive yourself of emotions when you open your exchange site.
You’re only one making the decisions and emotions..You are your own worst enemy you need to learn a technical aspect you might learn money management and the emotional management which is great. Avoid trading if you are in the bad mood. Remember that emotions are temporary, Don’t let your emotions destroy you.
You should set a fixed rate you want such as 5% or 10%. If your coin rises up this level, you have to sell and buy another coin. Don't care about if it continues going up.
I have no idea, please search google & youtube, its may be too much helpful, i think.
Thank
What a straight forward answer! There are many thinks that we also know and better than google or YouTube. He did not ask for the formula of hydrogen bomb that you are directing him to google, Lol. Personally I think the best way to kill your greed is to set a target for yourself in trading and make sure that no matter what happens, you are going to stop after achieving your target. I know greed’s become active when you see slight possibility of making more profit, but just ignore it. Thank
Nothing beats out greed out of your system than getting burned on one of your deals that will nearly cost you everything you own. From there, you will learn the trend of the market. You will also learn to do more research before committing on a single investment. If for some miraculous reason, you still do not learn from that mistake, then the second time you get burned will be well deserved since you were not able to think thoroughly.
Control your emotions buddy because if you don't, you might end up being burned. If you don't have control on your emotions and if you panic sell or buy coins, you might lose all your money in trading. If you are not able to have control then don't transfer all your funds into your trading wallet.
Try out with a small amount and then increase the amount later. Buy only on dips and sell only at peaks. Don't buy quite often, invest only on selected days and then forget about it.
This dude has already gotten burned, I can tell. I think most people who trade shitcoins are straight up gamblers, and when you're a gambler-trader who's glued to your computer screen, trading these hellaciously volatile shitcoins, it's really hard to keep emotions out of the picture--especially greed. Fear comes in at a close second. I've tried trading on a small scale and it's very addictive and can be extremely frustrating. Me, I can't keep emotion out of it, and thus I quit trading quite a while ago. Try out with a small amount and then increase the amount later. Buy only on dips and sell only at peaks. Don't buy quite often, invest only on selected days and then forget about it.
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