#TrendTradingStrategy
Greed in trading is considered one of the most dangerous psychological factors that lead traders 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, yearning for larger profits without considering the level of risk. This may drive them to open excessive positions or fail to close a profitable trade at the right time, yearning 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 trading world.
