Some traders when they are successful in trading want more and more, earn more money and I don't see it as a bad thing either, the bad thing is that they don't know how to manage their balance of risks, there are some traders who don't control themselves and leave with all their balance in some trades, and although they have high odds of winning, they can also lose, and therein lies the problem, if they lose because of greed it is a strong blow, although there were many market speculators who have experienced something like the case of Jesse LIivermore, which has several books where he explains what he did to recover.
I think as a trader one must get to know the limit of going for more profit , their are some traders who can go ahead of getting more profits, that is the limit they can go. When one is going more than his/her limit that is when greed comes in and it will definitely end to be loss. The most important thing every trader needs is to know his/her limit and work with. Looking for more profits is not bad when one have not exceed the limit of getting profit. 
Topic: Traders Stop Being Greedy. - page 6. (Read 2650 times)
Tell me honestly, when was the last time you saw a person who makes money by his labor and at the same time is not greedy? To be honest, I have seen very few of them.
It's because of personal characteristics and environment. I found many people being greedy even they have no much money, and many are changing because of environment when start having much money. But in this case is nkt like that. Being greedy in crypto trading will only make worse the condition. Being greedy commonly will lead you lose mlre because you don't feel satisfied of everything that you got. That is why as you personally, just don't be greedy, no matter how greedy other people are..
It is really important for traders to be confident in themselves. It should be understood that very often uncertainty brings an extremely negative result, and a trader may generally stop working as a result.
When I first saw your statement, I thought you were addressing me because I'm one of them. When I want to trade, I make sure to only look at the positive aspects of the previous market, ignoring the negative aspects. I had high hopes of making a lot of money, but I ended up losing everything. This is all about greed.
Maybe yes maybe no.Maybe no in terms of you are not aware the in trading we will lose something as well, most of the time you will lose much more than your gain if you bought a token at high price then a rug pull or bear market came in. We should know when to TP, because if we will keep this behavior like being greedy to earn more and more that's the time we will gonna lose instead of having a profit from our trades.
When I first saw your statement, I thought you were addressing me because I'm one of them. When I want to trade, I make sure to only look at the positive aspects of the previous market, ignoring the negative aspects. I had high hopes of making a lot of money, but I ended up losing everything. This is all about greed.
Greed had render most traders useless and it will continue so if we are not careful about the way we do things. I have lost countless of fund due to greed and we need to be careful and self discipline when we are trading in the market. We should always ensure we use stop loss when trading to limit possible losses that may occur due to mistake or market volatility. Trading psychology is a paramount aspect in trading.
Some traders when they are successful in trading want more and more, earn more money and I don't see it as a bad thing either, the bad thing is that they don't know how to manage their balance of risks, there are some traders who don't control themselves and leave with all their balance in some trades, and although they have high odds of winning, they can also lose, and therein lies the problem, if they lose because of greed it is a strong blow, although there were many market speculators who have experienced something like the case of Jesse LIivermore, which has several books where he explains what he did to recover.
Its not really that bad to have that kind of boost of feeling when it comes on making out profit because we know that this isnt something simple that we have done on sustaining this market.It cant really be avoided not to have that kind of feeling since we are just humans who do aim more on making or earning money but with proper experience and awareness then you would really be
able to handle out that kind of problem and able to avoid yourself on possible finances problems just because you had able to control on this case.
Most traders get too greedy, they deviate from their trading plan and end up with losses.
I have these written on my wall.
-Always use stop loss
-Use Take Profit, don't be greedy
-Stop overtrading
-Start small and grow
All these points you have proven are the right and basic key to totally eliminate greed from trading. Greediness is in every trader mindset and the ones that are able to overcome it are the ones that will avoid or reduce their Chances of loss. Many traders usually start big, they believe if they start small, they won't make a lot of gain and these has totally change the mindset of traders. Start small, and earn big, that's the main aim of trading. That's what shows that a trader is progressing and making profits rather than been greedy and Losses. I have these written on my wall.
-Always use stop loss
-Use Take Profit, don't be greedy
-Stop overtrading
-Start small and grow
Some traders when they are successful in trading want more and more, earn more money and I don't see it as a bad thing either, the bad thing is that they don't know how to manage their balance of risks, there are some traders who don't control themselves and leave with all their balance in some trades, and although they have high odds of winning, they can also lose, and therein lies the problem, if they lose because of greed it is a strong blow, although there were many market speculators who have experienced something like the case of Jesse LIivermore, which has several books where he explains what he did to recover.
Most traders get too greedy, they deviate from their trading plan and end up with losses.
I have these written on my wall.
-Always use stop loss
-Use Take Profit, don't be greedy
-Stop overtrading
-Start small and grow
I have these written on my wall.
-Always use stop loss
-Use Take Profit, don't be greedy
-Stop overtrading
-Start small and grow
Many new trader want to get big return when trading and try profitable above 60% but actually they have take risk and looks greedy when profit target above 60%. Although as potential altcoin I think keep big return actually above 10% until 20% and above that amount I think bad decision choose by some trader. Maybe they want with bigger return actually not have good experience how keep consistent with small profit but never become long term investor than with higher return target but need waiting several years later reaching profit.
Unfortunately all those people who are looking for a major return usually ends up losing money as well. There is a situation in crypto where plenty of newcomers all hear that crypto made some people a ton of money and they want to be part of the same thing as well, which makes no sense to me.Certainly there are some people who made a lot of money but that doesn't mean that you will make the same amount of profit neither, maybe you will not make any profit at all, who knows? This is why we should be avoiding such confusion and hope that we will do well enough. I can't say what's going to happen in the market, but I know that I am not expecting those kind of returns.
In fact, to be honest, you don't have to be greedy. In some cases, greed works.When we do futures trading, it is seen that a lot of profit comes in a short time and when we lock in the hope of making more profit, then we have to lose profit.But the truth of the matter is that trading platforms cannot be taken at this time and if you have some profit, you have to sell it. There can be no greed here. People lose their money just because they are greedy.
Reaching to a certain profit and leaving it there doesn't make sense to me. Why do you stop when you are in profit? I mean if you are in profit then you invested into something that makes you money, why stop making money from it just because you do not want to be greedy?
I remember Gordon Gekko's "greed is good" speech when I see these type of stuff, I mean it means that there is something that gives you money the longer you hold it and you do not want to hold it anymore? I personally like to hold long term, but when I trade and it goes up a lot, I usually end up turning that trade into a long term holding as well in order to make a lot more money.
I definitely agree that "greed is good" unless we don't evil things just to get it. I remember Gordon Gekko's "greed is good" speech when I see these type of stuff, I mean it means that there is something that gives you money the longer you hold it and you do not want to hold it anymore? I personally like to hold long term, but when I trade and it goes up a lot, I usually end up turning that trade into a long term holding as well in order to make a lot more money.
Besides, we all have this kind of behavior, we always become greedy and that is because we wanted to improve our living, we are preparing for our future and that is why we work hard.
* Rich people become richer
* investors keep investing
* businessman spreading their business and acquiring more
* traders keep trading
This is the way we live now, the life to be.
Tell me honestly, when was the last time you saw a person who makes money by his labor and at the same time is not greedy? To be honest, I have seen very few of them.
Everyone has their own greed and when they've come to the point that they've seen the possibility that they can earn big. That's where it's all getting started.It is because of greed that there are so many coins in my briefcase, the names of which I forget. Only a strategy will help to be successful in this market
You mean to say that you've diversified a lot? Well, if that works for you and you've became successful and that's what I want you to congratulate. But not all the time, someone who's too much diversified is successful. 
In trading, we actually already know the risk and reward at the beginning before making a transaction, because we already have a plan and framework for making transactions, along the way, the emotional level that can change our trading flow so that the plans that have been set at the beginning often don't work because of greed, and after that the concentration will be damaged and the panic sell that is obtained. therefore we must always try to control greed
If you can't control your emotions it would give you big problem when the market move according to your plan. chances of being
greed will lead you to lose your opportunities to earn but instead it will lead you to regret with the actions that you take. Regret
will continue to chase you. Something that will be hard to let go and the only thing that you need to do is to move forward and
try not to repeat the same mistake that you commit. It gives you another shot to correct everything and make yourself successful
from this venue of investment.
Whenever you do deal up with money then its really that normal that these kind of emotions and mindset would come out since we are talking about getting profits.
Once you do gain up sufficient experience then you would really be finding out yourself to be that aware and able to control ones emotions.
Reaching to a certain profit and leaving it there doesn't make sense to me. Why do you stop when you are in profit? I mean if you are in profit then you invested into something that makes you money, why stop making money from it just because you do not want to be greedy?
I remember Gordon Gekko's "greed is good" speech when I see these type of stuff, I mean it means that there is something that gives you money the longer you hold it and you do not want to hold it anymore? I personally like to hold long term, but when I trade and it goes up a lot, I usually end up turning that trade into a long term holding as well in order to make a lot more money.
I remember Gordon Gekko's "greed is good" speech when I see these type of stuff, I mean it means that there is something that gives you money the longer you hold it and you do not want to hold it anymore? I personally like to hold long term, but when I trade and it goes up a lot, I usually end up turning that trade into a long term holding as well in order to make a lot more money.
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
It is because of greed that there are so many coins in my briefcase, the names of which I forget. Only a strategy will help to be successful in this market Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.
Tell me honestly, when was the last time you saw a person who makes money by his labor and at the same time is not greedy? To be honest, I have seen very few of them.
In trading, we actually already know the risk and reward at the beginning before making a transaction, because we already have a plan and framework for making transactions, along the way, the emotional level that can change our trading flow so that the plans that have been set at the beginning often don't work because of greed, and after that the concentration will be damaged and the panic sell that is obtained. therefore we must always try to control greed
If you can't control your emotions it would give you big problem when the market move according to your plan. chances of being
greed will lead you to lose your opportunities to earn but instead it will lead you to regret with the actions that you take. Regret
will continue to chase you. Something that will be hard to let go and the only thing that you need to do is to move forward and
try not to repeat the same mistake that you commit. It gives you another shot to correct everything and make yourself successful
from this venue of investment.
In trading, we actually already know the risk and reward at the beginning before making a transaction, because we already have a plan and framework for making transactions, along the way, the emotional level that can change our trading flow so that the plans that have been set at the beginning often don't work because of greed, and after that the concentration will be damaged and the panic sell that is obtained. therefore we must always try to control greed
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