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    Thread: Trade with a partner, friend or family member to control greed (4)

    1. #51
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      you can control greed by yourself and you do not need to trade with a partner or friend to control your greed but in general trading with a partner has advantages as greed is very harmful and it is the first way towards getting a margin call so you should avoid it as possible

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      If you can get people with the same mindset and goal,then trading would be made easier for you, to get rid of greed should be a personal decision, if you are not strong willed you may not get rid of it even trading with people, work hard and make a deliberate effort and you will kill it.

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      You do not necessarily need to trade with friends or any group of traders before you can control greed , in fact that does not control greed in trading . To control greed , you must understand your risks and be ready to plan the risk appropriately . It takes discipline to control greed as a trader and if you are not disciplined , you will find yourself doing contrary to your plan

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