Have you ever found yourself holding onto a trade longer than necessary, hoping for just a few more pips, only to watch the market reverse and eat into your profits?
If this sounds familiar, you're not alone. I personally blew up my first account because of this same mistake.
Greed is a common enemy for many traders.
Why Should You Care?
Because greed can turn potential wins into significant losses.
It can cloud your judgment, leading to impulsive decisions that are not based on sound trading principles.
So, how do we combat this silent profit killer?
From my own experience, I’ve found that embracing a simple yet powerful principle can make all the difference. Here’s how,
You need to remember this golden rule:
Trading is about probability, not certainty
Accepting that you can never know with 100% certainty whether a trade will succeed or not is the first step to overcoming greed.
When you embrace this truth, you'll trade with caution, respect your stop losses, and take profits at logical levels.
If you’re looking for a way to trade with discipline, precision, and without the influence of greed, my Trading Signals service will help you.
With clear entry, stop loss, and take profit levels, you’ll trade with a plan, ensuring that greed has no room to sneak in.
Click here to learn more about the Trading Signals service and start your journey to disciplined & profitable trading.
To learn more about How you can Start Trading for a living, sign up below for my Free Training on the “7-Steps to Financial Freedom through Trading”.