Lesson 21 of 25
Greed turns a winner into a loser
Holding past the target because it 'could go more' gives the trade back.
What you see
- Moving the target further out mid-trade.
- Refusing to take a partial.
Why it happens
- Once the pool is filled, the reason for the move is gone.
How to trade it
- Set the target before entry.
- Take partials at the first pool.
Journal it: Note the max profit versus your close.