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:
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
Doubling down on risky trades
Removing take-profit targets
Jumping into trades with no plan
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."