#SECETFApproval
Greed in trading is considered one of the most dangerous psychological factors that lead a trader to make reckless and uncalculated decisions, often resulting in significant losses. When greed takes over, the trader ignores the trading plans and strategies they had previously set, and becomes greedy for greater profits without considering the level of risk. This may lead them to open excessive positions or fail to close a profitable trade at the right time, out of greed for more, ultimately resulting in the loss of what they had achieved. Controlling greed and self-discipline are among the most important keys to success in the world of trading.
