#MarketGreedRising The Risks of Market Greed: How to Remain in Charge
Market greed is a strong feeling that tends to blind one and push one into making rash decisions, which usually end in calamities. In the midst of the hectic world of trading, it is crucial to know the risks of market greed and how to control it.
What is Market Greed?
Market greed is an aggressive urge to gain wealth rapidly, usually based on FOMO or excitement of likely profits. Market greed can lead to traders over-leveraging their trades, neglecting risk management techniques, and taking impulsive actions.
The Dangers of Market Greed
Unrestrained market greed can result in:
- Over-trading: Too much buying and selling, leading to higher transaction fees and less profit.