On the stage of trading, fear and greed are ever-present; they are both challenges and opportunities.
The key to facing these two emotions lies in how to master them wisely.
In moments of unrealized gains, fear may cause us to miss good opportunities, fearing that profits will slip away; while in times of unrealized losses, excessive confidence may trigger greed, leading to blind over-investment.
These two extreme emotions often deviate from sound trading principles.
However, when we are moderately greedy during profitable times, seeking more; and moderately fearful during losses, cutting losses in time, these emotions can actually become catalysts for profit.
The key is to find a balance point, allowing fear and greed to become aids in trading, rather than obstacles.
Mastering this art enables one to navigate the ocean of trading, sailing steadily forward.
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