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Topic: A Good Solution Of Too Much Greed In Trading ? - page 4. (Read 1401 times)

sr. member
Activity: 1274
Merit: 263
a good solution for your emotion is by feeling it,
most people will not understand how to control their emotion until they feel it.
for example me,
when i tried to control my emotion i always end up losing it,
no matter what strategy that i had,i always losing it so.
until a day when i try to put my saving and lose it all,that time i understand what is it and reliaze it that everything that i lost is too precious for me.
just like your real life,you will understand it whenever you lost it.
and that is the point when you can control your emotion,at least manage it very well.

a steel can not be a shield if you do not burn it,
you need to break your limit by feeling it and then transform it.
sr. member
Activity: 840
Merit: 266
I agree with all that said above but I want to add , Scared money is dead money  . It is really complicated formula how to be not greedy and at the same time not scared there is a thin line between both . Also while I agree in crypto do not sell in loss because everything that go down will get pumped up again , But  there is some coins   you better accept your loss with it and get out  .

With all that being said there is one Golden rule never invest more than you prepare to lose, Hint ( following this rule will help you with the scared money problem  Wink  )  .
full member
Activity: 364
Merit: 123
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 Sad  Huh Huh

I think firstly to limit your greed you should set yourself realistic goals, this will help you with putting everything in to context. Secondly you should try not to think too much about the monetary value attached to your trades and instead just focus on making good decisions.
copper member
Activity: 490
Merit: 105
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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.
hero member
Activity: 966
Merit: 501
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 Sad  Huh Huh
emotions are commonplace, in the circles like us,, controlling emotions is very difficult, especially if the funds we play in large numbers .. one thing that can handle this is ,, we need to control how big or at least the profit we should be in every day.,, no need to expect big, even small profit is enough as long as we do not lose control..
legendary
Activity: 1204
Merit: 1028

- Don't sell anything for loss, patience is key in crypto trading.



Sometimes is better to sell... or you may end up holding an useless bag of altcoins. Case in point, look at this graph:

https://coinmarketcap.com/currencies/paycoin2/

This is the anatomy of a shitcoin... you can end up with a bag if you don't do enough research of where you are getting into. Don't lose your bitcoins in shitcoins should be the first thing to learn in crypto.
legendary
Activity: 1218
Merit: 1006
-  You should never buy anything that is pumping hard in last 24 hour
-  Sell half of your holding if the coin that you have bought before is pumping hard because price can move to both direction. sell remaining if price will pump more or just hold remaining for another massive pump.
- Don't sell anything for loss, patience is key in crypto trading.
- Don't follow trade advice or investment advice you will get in forum or in troll box.
- Don't panic when there will be small correction in market.


good luck...
member
Activity: 161
Merit: 10
 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 Sad  Huh Huh
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