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Author Topic: Never Be greedy!  (Read 2687 times)
Nasty23
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August 05, 2018, 01:29:04 PM
 #681

Greed is the biggest enemy for yourself in trading because if we are greedy instead of profit, we get but loss, I have tried it at the beginning of getting to know trade and yes I am losing Grin, so never be greedy Wink
Yes being a greedy can loss us a lot of money and also it can possibly loss the opportunity to earn a huge profit. To become a successful their are a lot of challenges that we may possibly face in trading the one is being a greedy but we should not stop easily on it and make it a lesson that could teach us to improve ourselves to be satisfied on what we have earn and longer our patience for the better opportunity in the future that can give us a huge profit.

Turst1974
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August 07, 2018, 07:58:24 AM
 #682

it is true, if we trade in the trading market not to be greedy, we must cooperate with friends to seek profit, and also never be greedy in accepting benefits, because we live not alone, there are friends who we have to make teams to look for profit.
Humans are greedy by nature. They never compromise with what they have. They want to earn more and more and such kind of nature make them more greedy, and that is the reason that most of the trader lose a lot of money in trading.
Gibsonlda
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August 07, 2018, 09:09:57 AM
 #683

as long as we record in detail how much percentage we have to receive each month, greed will decrease, except if the profits obtained are more than 100%, we can trade more boldly by increasing capital regularly, risk management must be arranged from the beginning to truly avoiding real losses because greed arises from uncontrolled emotions.
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August 07, 2018, 09:13:44 AM
 #684

The same exact thing comes when you're gambling and won a prize. You automatically think that it came so easy so you'll try again and again. You need to know when to stop and trat your gains with respect and cold blood.
taliwang
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August 07, 2018, 09:19:28 AM
 #685

yes you are right we all traders should not be greedy, when trading takes a little profit and taste but I see a lot of traders who want to try to be greedy.
Surge_Dev
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August 07, 2018, 09:24:30 AM
 #686

I agree with you! You shouldn't be greedy if you want to earn good money. I think that those who are greedy always lose money because they can't stop and always want more and more
DaughterOFbitcoin
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August 07, 2018, 10:30:49 AM
 #687

Never be greedy in the code business, prices are always fluctuating, so holding the penny waiting for the high price is good but not too high. As such, they may fall
In my opinion, the sole motto of business is the maximization of profit or in other words is making money. This should not be called as greed. Greed is something else. Being professional, you have to abstain from using such terms. Once you have achieved a particular level of financial goals, you might shift into the altruistic side of your business. Something called corporate social responsibility which is best for business.
Matic
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August 07, 2018, 03:12:51 PM
 #688

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
Greed is one of the tools that needs to be used very careful and in small portions, because without it completely you cannot gain a significant profits, and with the abandance of it, you cannot handle those profits properly.

aervin11
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August 07, 2018, 03:16:40 PM
 #689

I agree. I also experienced this kind of feeling whenever I see something of my assets that is gaining huge and because of my emotions (FOMO) I got to buy in even there are 100% gains which is funny  Grin . I won't do the same again, now I am using DCA when buying but also on selling, hitting some low profits but atleast im disciplined.
yhoga45
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August 07, 2018, 03:39:15 PM
 #690

Trading train people to be a patient man, never be greedy. Everything in this world is good if we are not greedy
bbcolex
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August 07, 2018, 03:43:24 PM
 #691

While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.

You're absolutely right, we should sets limits on when to stop and end the trade. I remember getting to greedy during bitcoin ATH last december 20k I was hoping it will still go further but sadly it started plummeting still waited for it to rebound but then it continue falling.
laomi10
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August 07, 2018, 04:32:56 PM
 #692

Greed is the devil. I used to be greedy. Not only did I not make money, but I also lost money. No pain no gain, now my strategy of speculating is that i will buy when the price has dropped to my target,  i would sell if the token up to my target price, no longer greedy.
kriptowitch
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August 07, 2018, 06:16:57 PM
 #693

I agree but partly! There are situations when people are really greedy, the Russians have even such a proverb "greed of a fraer ruined", in this proverb there is a share of truth. However, there are situations when not greed seized man, namely, HODL.

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galinskiydmitriy
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August 07, 2018, 09:55:56 PM
 #694

Greed is not the main problem of traders. I believe that the main problem for traders is the misuse of the "stop loss" and "take profit" functions, and it is because of this that 90% of traders lose their money.
boakyei
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August 07, 2018, 11:27:13 PM
 #695

Snap up opportunities that presents itself. Have a specific profit % that can be raised or lowered depending on how propitious the trade is. For me, you can be greedy but always be logical
Having a specific profit target your mind is the main fuel for be greedy when it comes to crypto trading. keeping your emotions in check should be your priority.

MacStone
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August 07, 2018, 11:35:17 PM
 #696

Many people are always losing their trades because they are more than greedy, this is a fact, and we all know that, it happened to most of us on the past when we started

nway4real
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August 07, 2018, 11:43:13 PM
 #697

Im greedy anyone want to give me a bitcoin. Their so hard to come by nowadays.1J2PWK7nMJHZiZ78xSMN6C6BTpFPdY3USi
Capradina
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August 07, 2018, 11:45:39 PM
 #698

Yes, I agree with you that greed will only bring a trader to loss.
a professional trader must know the time to go and out, time to buy and time to spend.
so don't be greedy in trading. Wink
SUDARMONO
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August 07, 2018, 11:53:09 PM
 #699

it is true that in trading we must not be greedy and we must always be patient in trading, because patience can be the key to success.
bungphe
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August 08, 2018, 02:10:58 AM
 #700

Greedy is easy ways to lose money on this market. The innovative technology behind Cryptocurrencies presents investors with the opportunity to make high returns, but it comes at a high risk. No one ever lost money taking a profit.  Get into the habit of taking profits and scouting for re-entry if you want to continue reaping potential profits. Don't be greedy.
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