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27/04/24
15:25
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Originally posted by float^:
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"Got a lil greedy on TSLA re-entering after a good short trade" That's cool that you recognized the feeling of greed coming in. Emotions are so important. How do you experience that - ie. what does greed feel like to you? Reason I ask is that if you know exactly what greed feels like, you'll be able to recognize it if it pops up again and not enter the trade. In the past I've done a bit of real-time emotion tracking whilst trading. I reckon excitement can feel similar to greed, however excitement can be ok. How would you differentiate the two? Once a trader has his system nailed down, this is the stuff that matters.
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I generally say greedy when I worry about the trade. Its that "unsure why I just did that" feeling as it wasnt in-line with normal trading bahaviour or plan, basically got a lil FOMO.