Greed is oversizing the position
Greed is over trading the account
Greed is pushing the boundary of technical limits
Greed is instigated by neediness.
Neediness pushed us to want more.
Gambling is depends on luck.
Trading is as much science and art.
A trader's luck is knowledge and understanding
of Technical rules of market behaviour.
A good trader does not depend on luck.
His luck is his skill as a market technician.
A good trader knows his skill and his limitations
And stays within it.
As long as he stays within it and not wonder out
he will be protected from
Greed and fear.
He must know his financial position
and what he realistically can take from the market.
Less is fear
More is greed.
Greed is triggered by his needs and his fantasies
Fear is triggered by his insecurities.
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