I am trying to stick to my trading plans. But sometimes, I am facing difficulty controlling the greediness, especially when I see the price can jump higher and I thought that could give me a bigger profit. It is hard to always stick to our trading plans because that will need an effort to manage our emotions in trading constantly.
I am sure every trader has that experience to see their greediness become bigger. But it will be back to the trader itself, how they can manage their emotion so they can always stick to their trading plans.
At first, we will stick to our trading plan but when the market changes, the plan will change seeing the situation and also our thoughts in changing patterns, to be honest when an increase occurs then greed will inevitably occur and vice versa if a downward panic occurs unless your plan is determined to be But leave it for a long time before you become aware of your trading plan.
On the other hand, I think it is very difficult unless we can hold back in any situation, remember moments like there are very many changes from the plan even though we often see the portfolio increase so that is the power to sell for profit.
And this is Dayu can not withstand the plans that have been set.
You are right. I can say like I was in that situation when the price increased, which made me greed. I do not realize that I need to take profit before it is too late and fortunately, I did close the trade before the price is down. I think many times I was in that situation, but I was lucky to close the trade once again. Stick to our plan will be important but greed will tempt us to wait for more because the moment is good to take a bigger profit.
Sticking to our plan is important but if you want to change the plan, maybe you need to adjust to the current situations so there is no big bad effect that you will get it later.
