#TradeStories #TradeStories
"The deal that taught me the meaning of fear and greed"
A trader entered a profitable position on a currency, achieving a 30% profit. He refused to close the position out of greed for more, but the market quickly reversed, and he lost all profits, even going into a loss. He learned that the most important thing in trading is risk management and sticking to the plan.
Lesson: The market does not forgive the greedy, and sometimes the smaller profit is the best profit.