Day 3 – Manage Fear and Greed
Trader Psychology Hints – Master your mind before you master the market.
Fear makes you close too early.
Greed makes you hold too long.
Both destroy consistency.
Fear whispers: “Take the profit now before it disappears.”
Greed whispers: “Just a little more…”
The solution?
Predefined rules.
Set:
• Entry
• Stop loss
• Take profit
• Risk percentage
Then let the trade work.
Emotion reacts. Strategy executes.
The calm trader survives. The emotional trader cycles.