Greed is not bad; it drives the market. But greed at the wrong time is fatal. The secret is Adaptability.
๐ธ Be Greedy In A Trend.
When you catch a major wave clear Uptrend or Downtrend, ditch the scalper mindset.
Do not take pennies. Trail your Stoploss and Let Profits Run.
This is the only time you can change your financial status.
๐ธ Do not Be Greedy In A Range.
When price is choppy or you are Counter trading, remember Small bites fill the belly. Take quick profits.
Expecting 2x, 3x gains here is a delusion that gets punished by constant Stop hunts.
๐น Gunpowder and Fire.
Greed is like gunpowder. Used correctly, it blasts through resistance.
Used incorrectly, it blows up in your hand.
Which type are you, holding 50% gains until break even, or taking 5% profit and watching the price go 10x?
News is for reference, not investment advice. Please read carefully before making a decision.
