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It is very important to avoid greed when speculating in currencies. No matter whether you are a novice or a veteran, you will unconsciously fall into the vortex of greed. This is human nature.
Since you can’t quit, control it strictly. Psychological research proves that a habit can be formed in 23 days. The Finance Manager suggests that in the next 23 days, you only need to grasp two points: first, lock in profits in time, no one can Sell to the highest point, and secondly, don’t change positions frequently to chase the rise just because other currencies are rising but you can’t stand still.
We don’t expect to defeat greed, but we can develop a habit.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
