Greed

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Luca

Table of Contents

Introduction

The Desire That Costs More Than It Pays

Every trader wants to win.
But when wanting becomes craving,
profit turns to danger.

Greed makes you hold too long,
risk too much,
and chase trades that never belonged to your plan.

Smart Money doesn’t operate from greed,
they operate from logic.

📍 Greed isn’t ambition, it’s imbalance.

What Is Greed in Trading?

The Definition:

📊 Greed is the emotional urge
to take more than the market is offering.

It shows up as:

  • Staying in trades past liquidity targets
  • Increasing lot size impulsively
  • Forcing trades to “get rich fast”
  • Holding losers hoping for miracles
  • Ignoring risk rules because “this one will run”

     

💬 In simple terms:
Greed = overreaching beyond your process.

📍 Greed makes traders forget
why they entered the trade in the first place.

Why Greed Matters

Greed creates:

  • Blown accounts
  • DD violations
  • Overtrading
  • Revenge trading
  • Emotional instability
  • Broken discipline
  • Constant inconsistency

     

Greed blinds your logic
and replaces discipline with impulse.

💡 Most traders don’t lose from bad analysis,
they lose from trying to make too much, too fast.

How Smart Traders Defeat Greed

1️⃣ Set exit levels before entering
2️⃣ Take partials at logical points
3️⃣ Use fixed risk always
4️⃣ Trade fewer setups with more focus
5️⃣ Journal greed-driven mistakes

📍 Greed fades
when structure becomes your guide.

Example

Greed Turning a Winner into a Loss

A trader targets a liquidity pool
and hits it clean.
+2%.

But greed whispers:
“Hold it, it can go more.”

Price pulls back,
hits break-even,
then stops them out.

Profit gone,
confidence shaken,
greed satisfied, temporarily.

💬 The chart didn’t take the profit,
greed did.

The Do Nots

Common Mistakes Traders Make

❌ Holding past liquidity targets
❌ Increasing lot size after wins
❌ Trading setups outside your system
❌ Chasing the market on extended moves
❌ Ignoring journaling after emotional trades

💬 Greed is a silent account killer.

Final Thoughts

Greed feels like confidence,
until it wipes out your progress.

Smart Money traders control greed
through structure, journaling, and strict rules.

Trade to execute,
not to satisfy emotion.

When you eliminate greed,
your equity grows steadily,
your mistakes shrink,
and your clarity sharpens.