PRO CRYPTO SIGNALS™

Forwarded from Wild Bitcoin™🇵🇸 (Hamada Mark)

The Greed Vs You 🤑!!

The Greed, one of your invisible enemies in the market.
Perhaps the reason behind the collapse of ROI for some is an emotion so the traditional phrase that fear and greed rule the market is very true. You can be a professional analyst with insight, possessing excellent capabilities in analyzing and making plans, many people own these advantages in terms of technical analysis , but lacking one thing which is calmness and emotional stability, one of the most important psychological factors in the money market. only a few have the advantage of having the ability to overcome their invisible enemies in the market, today we are on an important date with one of those enemies, which is greed,

Greed is an involuntary thing for everyone, but only a few can control it, Greed pushes you to fall into the trap of the market, lose control of yourself, and consequently, total failure. The investor who is dominated by greed sees only opportunities to achieve more profit, completely ignoring the market rules. The greedy investor does not accept the current reality, but rather continues to assume other scenarios that serve his goal of obtaining more profit.

Greed may come in one way or another
Such as keeping your positions open, but adding more liquidity to them or resorting to leverage or borrowing, which may end up losing all of your money.

Greed and bias:
Greed affects the mental state of the investor, making him focus only on making more profit without paying attention to his own risk management or market situation, and not to accept any scenario contradicting him, and ignore the current movement of the market, to achieve more gains.
The problem also is that most traditional investors tend to buy high-profile stocks and trades on the part of others.

How to overcome greed?
-Warren Buffett says he simply tries to be fearful when greed dominates others, and he feels greed when fear prevails in everyone. that`s a very simple rule, but many of us cannot apply it because it faces a strong enemy, and only a few can overcome this enemy, but if we stick to our plans, we will be and you and I will be among those few.
-Determine the risks, rewards, and percentage of your investment and always adhere to them without hesitation, in which case you will rarely fall into the trap of greed.
-The most important thing is to let go of the desire for quick rich and replace it with a clear long-term wealth creation plan.

Are you a Greed trader or not? (Answer these questions)
-Do you are changing your targets or setting them without a realistic study of the chart and without capital management?
-Do you buy when prices are high without any study only due to greed for profit??
-Are you ignoring booking profits and moving stop loss?
-Do you make more investment when the price moves?

If you answered yes to these questions!!
in this case, you have to control your greed.
If your answer is no, then you are one of the lucky few in this field who are not totally controlled by greed.

I welcome the answers in the comments section from here. Let's discuss it together.

Good luck to all.
🙏we ask Allah reconcile and repay🙏

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