The Psychology of Greed: Why More Can Sometimes Mean Less

Explore the emotional roots of greed in trading, how it silently erodes your discipline, and practical methods to regain control before it costs you your account.

Content:

Understanding Greed

Greed is the desire to earn more, even when you've already hit a profitable trade. It leads to:

  • Overtrading

  • Ignoring stop-loss rules

  • Holding losing trades too long

Signs You’re Trading with Greed

  • Doubling down on risky trades

  • Removing take-profit targets

  • Jumping into trades with no plan

How to Control It

  • Set a daily profit target and stop once it's reached.

  • Use journal reviews to notice patterns of overreaching.

  • Remind yourself: "A small win is better than a big loss."


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