#TradingPsychology
Business psychology refers to the mental and emotional aspects that control a trader's decisions, which is an important factor in determining their success or failure in the trading process, as a range of emotions play a significant role in the business process such as greed, fear, and regret.
Greed is defined as an intense desire to accumulate more wealth, and it can have beneficial or destructive effects depending on how the trader uses it in different circumstances, as it has positive outcomes in bull markets and stocks with increasing profits, as the longer the trader stays in the trading game, the more their wealth increases; conversely, the effects of greed are negative in the case of a sudden stock market decline.