Summarizing posts about greed.
Greed is one of the most dangerous traps in trading. It masquerades as “ambition,” “confidence,” or “just a little longer,” but in reality, it destroys discipline, planning, and results.
🔹 Why is greed so dangerous
Greed changes thinking.
It causes the trader to see not what is, but what they want to see.
- You hold the position longer than the strategy allows.
- You ignore exit signals because “just a little more — and there will be more.”
- You start counting not profit, but what you “could have earned.”
- You enter the market late because you are afraid of missing the move.
At that moment, you are no longer a trader.
You are a player hoping for luck.
🔹 How greed manifests in reality
Greed is not an emotion, but a behavior.
- Holding onto profit.
You see +10%, but want +20%. As a result, you get 0 or negative.
- Increasing risk without reason.
“This deal will definitely go through, I can increase the lot.”
- Ignoring stops.
“The market will turn around, it can’t go against me like this.”
- Searching for the “perfect entry point.”
You are not trading the plan — you are chasing a fantasy.
to be continued....