Mistakes made by a trader due to greed
• Opening real accounts without education, experience, or proof of the ability to achieve profits.
• Neglecting capital management and purchasing many contracts.
• Staying in profitable trades after these trades show signs of reversal and leaving them to move to losses in order to reach a larger amount or achieve more points.
Basic tips for overcoming greed
• Determine a fixed number of contracts for each deal.
• Setting a maximum number of open trades
