Chapter 4  Greed has a massive impact on your trading mindset

Wanting to possess more of something has led people to downfalls throughout history. When it comes to the world of trading, greed can be a determinant factor in the psychology of traders. It not only clouds a person’s judgment but also leads to making uninformed decisions.  

a. When a trader is driven by greed, they may become overly focused on maximizing their profits and taking unnecessary risks to achieve that goal instead of sticking to logical thinking

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