Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders.
The idea of buying at this relatively low point and turning a losing trade into a winner can overwhelm traders. Furthermore, such greed can blind traders to the degree that it is possible to trade in the opposite direction to the. Fear appears many times in a trader’s journey which is why it is essential to learn how to manage fear from the onset.Fortunately, greed can be controlled and overcome like all emotions.