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How do you control greed on trading?

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How do you control greed on trading?

Post by davidson on Tue May 06, 2014 1:32 am

In forex it is easiest to trade profitably but it is most hard to retain your profits, because greed always set in at some point. So kindly share what are the rules you following to deal with greed factor?

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Re: How do you control greed on trading?

Post by olixlite on Wed May 28, 2014 12:06 am

In trying to control greed in any trade there is need for strong mentality.Before i enter any trade i look at what i stand to loose first before thinking of how much i can earn.I am always consious of how greed can negatively influence my trading and also always follow money management.

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