WORDS TO TRADE BY

 



“Invest for the long haul. Don’t get too greedy and don’t get too scared."


― Shelby M.C. Davis


Greed is a historically bad word in our vernacular, but a reasonable level of greed is what drives the market. People invest because they want to make money. They aren't necessarily concerned about other people making money as well. So, in that sense, trading is greedy.

But you have to be careful not to become too greedy. When you cross that threshold, you're putting yourself in dangerous territory. Too much greed influences your decision-making in the wrong way.


With that being said, you also have to make sure you don't allow fear to overwhelm you. Losses happen when trading, but you can offset them by keeping your cool. Trading is all about balance. If you can let your greed and fear keep each other in check, you'll be just fine.

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