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New traders, don’t be greedy!


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Greed is human nature. Everybody wants more money. So, it is hard to control. However, it can be dangerous in trading. It may interrupt your perfect trading plan and decision. So, it is wise to control not only greed but also all other negative emotion such as fear, frustration, etc. That’s why I am currently taking a Eurotrader educational course to overcome my emotion.

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It is possible to gain trading knowledge after a lot of waiting and research. It is never possible to become a profitable trader without trading skills. In this case, if you do emotional trading, you will never be able to do successful trading. The most damaging emotions are greed and fear. These two emotions provide the biggest obstacle to success. So one should give up greed and trade with patience.

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  • 3 weeks later...
11 hours ago, uncle gober said:

Existing emotions must be able to run properly, this is needed and necessary so that traders can be better and can get more leverage in getting the security and comfort of trading while on a real Tickmill account.

Those traders who are in a hurry to make the Profits are likely to make the mistakes and this they must exercise some sort of control over their trading.

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  • 1 month later...

If you want to do new trading, you must give up greed. If you trade without giving up greed, you will never be able to do successful trading. First, you have to give up negative emotions then you have to think about profit. If you enter into trading without learning anything, you are more likely to lose than gain. You have to give up greed and fear and trade.

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2 hours ago, Hanan Öberg said:

If you want to do new trading, you must give up greed. If you trade without giving up greed, you will never be able to do successful trading. First, you have to give up negative emotions then you have to think about profit. If you enter into trading without learning anything, you are more likely to lose than gain. You have to give up greed and fear and trade.

When we are doing our trades we should understand that if the Greed will stay under control then our losses will remain low.

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