Controlling Greed When Trading 🙂

[@LagmasterB]

I’ve been up $700-$1000 almost every day, and I insist on giving it back...who else is here for this?

[@meghanworkman6449]

This is EXACTLY what I did earlier this morning. Ended up with only a $6 profit when I could've had well over $200. You are absolutely SPOT ON with this video. Thanks!

[@jadelesidi]

Glad to know I’m not the only one going through this bc I was starting to feel crazy 😩. Praying that I and whoever sees this video overcomes this emotion and starts taking profits as soon as it hits the 🎯 from this day forward🙏🏾

[@mindaugasg9892]

if not greed I would be a millionaire by now. So hard to fight with it!

[@fjfairchild73]

Guilty of greed right here, and it has cost me more money than anything else.

[@franklincarnes5264]

Yup, happened today. I told myself so many times to not be greedy but prices were skyrocketing through the roof and I never took the profits. 400% above down to holding the bag

[@CFO_100]

Energetically/spiritually speaking, the cure for greed is charity; this is because both concepts are opposites: greed is about hoarding (which comes from scarcity), while charity is about giving (which comes from abundance). I believe I practice charity more than most people, and this helps my trading. My humble opinion.

[@vlox9915]

Could’ve had 750 this morning, got greedy left with 140... stings but it’s a learning lesson

[@MercifulArchitect]

I know this vid is 3 years old, but couldn't be more relevant. I lost $100k in two weeks all because of greed and fear, both really took hold of me. wish I stepped back for a second and cut my losses. I overtraded just like you're saying out of both greed for wanting more and fear of missing out, and trying to recuperated my losses. it was an evil viscous cycle that completely took over my reasoning and clouded my judgement. I'm so devastated right now. I don't know if I can make it all back. took me 6 months in this highly liquid environment. and then the last week of august went parabolic, and that totally triggered my insatiable greed. after I doubled all of my profits in one week. those bastards know how to engineer a psychologically manipulative game

[@AntranikDotOrg]

Awesome underrated channel!!!

[@mytz-m7d]

IMPATIENCE and OVERTRADING. Couldn't agree more. I think the best way to handle these two issue is to come up with certain rules as a safety net. Personally, with OVERTRADING, I make it a rule to just make a single run then get out of a trade once my target selling price is hit.

[@chidichuks2853]

I am learning how stick to my plans and not get greedy when i am making money from the market

[@ahmedhajat3798]

I cant thank you enough for your videos. They absolutely hit the nail on the head. Great work

[@NumbCornsGG]

I Went from $4k earning to 0. Started from $100. I really need to control my greed... I tried to recoup the lost. My cousin told me stop after 1-2 lose and don't try to recoup. I guess i learned the hard way

[@TheForagingTrader]

Awesome video, quite comforting to know we have the same emotions and thoughts when going in/out a greedy streak

[@shirai-solis9377]

guilty of greed today went from up 150 dollars to now down 100 plus the greed got me

[@alanaweaver8942]

Trading binary options you definitely learn to appreciate having patience and waiting for your setups. Placing your trade and taking your winnings.

[@bright5209]

I came here because this was what I was facing in trading. Thanks because planning is the key 🔑

[@shawnpaulin3693]

Recently got funded and greed took over making me believe that I needed more after already making 2% for the day and I kept trading til I was back at the start this video put everything in perspective thank you

[@olegbezrukov6259]

Thanks for sharing your knowledge for free...many people are trying to make money from simple stuff.

[@olliemoore11]

04.47 "I didn't mean to" 😂 did it so many times. market will punish you if you get too greedy.

[@MoonBull13]

"Business psychology" just finding out this is a thing. Great vid

[@kabelommutle6795]

This helped me connect the dots for the reason behind my losing streak, good video.

[@NishantSharma-tr6xl]

Leave double...I had 10x-20x my normal lot size. It has worked Christmas many times. But boy when it goes against you..wipes out everything.

[@omegahelper1459]

Great video greed and overtrading the past 2 months has made it a very discouraging quarter even tho this one a very good

[@PaliBanwait]

I've been so guilty of this.

[@Myxakep19]

Deffenantly affect the trading time to time, just stick to your rules and everything will e fine) thanks for the video!! Very helpful!

[@d2.024]

All of a sudden we have doubled the lot size 🤑

[@ukspreadbetting]

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[@markmeier1618]

I really like your videos. Can't believe you don't have more views. Keep it up and it'll come I suppose :)

[@ladiiyb]

I feel ashame! Totally me. Great video!

[@RCHLYR]

i profited 4000usd today and did another entry, no analysis, nothing with double the size and wiped out my profit together with my entire capital in 5 minutes, now im shaking and my entire body is numb.

[@d.g135]

Greed Is hoping for the market to do a certain thing, even if sometimes It goes against your analisys, so you put all your strategy and rules away giving space to emotions. Always flow with the market, since you cannot control It (banks and big Capital investirà apart).

[@Malisti04]

you know me very well Sir

[@ciarancoyne9104]

Nice one as usual🙏🏻

[@Socalii89]

I made $500 this month and lost $500 today... greed got me...

[@oskars82]

Thats me this week. Lost so much profit because of greed. even though backtesting told me it 1/2 risk reward. Disappointed in myself.

[@FreeLearnclass]

yeah lost 1000USD, because of shorting btc

[@jakubvalenta5403]

FreeLearnclass I did the same and lost $600,-

[@EbenezerNimh]

It happened to me today should have taken my profits and give myself a pat on the back. BUT NO I got greedy and want more the stock sank like a rock it's a good thing I used a stop loss

[@Tcboy888]

Can you make a video about how to manage winning trades? Like when do I take profits, should I move my stop loss to break even or splitting my positions so that I can take half the profits...great video btw

[@jonsterlee5231]

Excellent videos. so many things I need to work on

[@kushalmendiratta13]

So you just described Greed. How to control it?

[@BattlefieldHeroes-kw8ne]

Today it ended so badly coz of greed..and i have no regrets....Learnt a lesson..

[@fx_gumede]

I suffer from greed, and that happenes i start to overtrade. I end up taking an unnecessary losses, as a result end up blowing my account. I wanna deal with greed

[@Tsarly.505]

4:43 my biggest problem right now

[@LearningNiche]

Great video! Thanks a lot

[@estarlinperez941]

Awww man , this what I needed too hear, I blew one of eval accounts for being greedy

[@karibeats2084]

Literally did everything this man said trading bitcoin this week😔

[@sachinvishwakarma3680]

I did it cause of greed I make 600 in the day but greed comes in an my mind thought let's make it 1000 but it came to 400 I trade again and again and it goes -100 down. ( From that day I decide to not overtrade and always exit on my targets and close system ) ( My lose date - 4 July 2024 )

[@Issac.DeSnuytes]

greed is my biggest problem, i have a target of £1k per day and i always try to be a hero instead of closing in my 1K profit :(

[@kevinbender5070]

Was up 10k, got greedy took no profits , went down to only 1,500 and then I took my profits what’s wrong with me

[@chrismalatji]

Greed is a problem

[@vincentwilliams8685]

Thankyou, great vid, guilty one here.

[@saachiyt2612]

Awesome information

[@oddsaad]

Thanks for this boss

[@1es782]

First scenario is exactly what happened to me today :(

[@polycare]

thanks for your videos

[@TomiBombata]

Great video

[@parabolicstreetutuber597]

I only get greedy in the after hours because I cannot sell until the next day and I made money with the stock names iccm I got in at 0.90 and sold it at $11.00in the after hours

[@polycare]

whats the optimal leverage would you advise, some say never go above 10x , others consistently trade with 25x others go up as far as 50x or higher, would be great if you can do a video to cover this point and what are the consequences of each level

[@Dg-zj6jo]

very true very good teatcher

[@THEBadBugsKZD]

Almost blown my ftmo from being so greedy when I was up 810$ and actually held to lose

[@timtims7298]

Thank you

[@eddiemburu8476]

Thanks 😁

[@damiencummings4910]

Great video

[@davidrhysroberts3641]

What is the average risk reward ratio? And knowing when it's the right time to take profit and go. I'm making substantial profits on some trades only for it to then go in the other direction and not take the profit but I've set my target and learnt to be patient but it almost never reaches it. Is this a case of greed lol. Thanks

[@ukspreadbetting]

There is no average risk reward ratio as this is up to your plan/system. If your trades are in substantial profit it might be an idea to link a stop to them (and move it up - even manually) so as to lock some profits.

[@davidrhysroberts3641]

@@ukspreadbetting I have done this many a time as a trailing stop however the stop loss when trailing most of the time the risk reward becomes less. If my stop is at £200 at first and it launches to £600 in a day but my take profit set is a 12/1 at £2,400 profit, I'd have to risk more as I trail my stop for pivots etc... Thank you for your responses and your videos have been a real help to me along the way.

[@ilhammahmoud9453]

keep up men ♥️👍

[@SnowWhite-dr6xh]

Greed is good 🦎

[@muttaqinasanzida8353]

Greed is very dangerous for the Forex traders and it will cause the failure of their trading life. A Forex trader most of the cases become greedy by getting profit once or twice. But it should not happen and greed should be controlled by them. With Forex4you trading broker I can always overcome all my trading weakness such as greed, emotion and confidence. So, that I can trade well and do better.

[@spattanaik75]

same here. :(

[@marchauschild9318]

I go back if i am greedy and overtrade

[@TH-cq7bj]

have given back so much money from being a greedy bastard

[@seittrr9739]

✌☺

[@playaafr1103]

Just happened to me today Lost $858 😭

[@chidubemjohnkelvin335]

Just lost my ftmo account because this two examples of greed

[@nickthewinner2194]

so helpful

[@crazylazyplays8511]

Just got blown last night....all because of greediness....

[@thatongwati346]

Lost 35usd because of greed

[@etienne7774]

So what your saying is when you make £2, ... get out!

[@job_mg]

Thank you