Don't Be GREE Trader...
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Old 08-29-2008, 09:02 PM
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Default Don't Be GREE Trader...

Hi Traders

How are you...what's happen in your trading life...let's take action on GRREED discussion...
Greed tends to keep a trader from closing out a position when a reasonable profit has already been made, in the hope that the stock price will go even higher.
It’s very easy to be greedy in this business. You always want more. If you have made 100 points profit in a trade, you want 200. And the moment you have 200 points profit, you start looking for 300. This lack of satisfaction is one reason why some people get themselves in trouble.
So how would you avoid
this feeling of greediness?

To avoid being greedy with your trading, you may want to know the reason behind thatwhy is it so easy to be greedy with the trading...

Regards
dekac
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Old 08-29-2008, 09:43 PM
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All of human psichological ineficiencies can be removed with a good EA.
The human nature is to think,
and to much thinking leads to bad trades.
EAs dont think, therefore are better!!!
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