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How do you control your greed - practically

  • #41
  • Apr 7, 2026 9:12am Apr 7, 2026 9:12am
I think that the best would be to have a plan on how to TP

That way you can't deviate from your own rules
  • #42
  • Apr 15, 2026 2:38am Apr 15, 2026 2:38am
Quoting TNTvak
Any advice anyone? I mean practically, down to earth strategies that worked for you - I do not need no paragraphs or CHATGPT generated responses, thanks in advance.
Just think about how much you’re willing to lose for this.
  • #43
  • Apr 18, 2026 2:59pm Apr 18, 2026 2:59pm
What's worked for me, practically:
Exit levels written down before I click buy or sell. Target, stop, partials. Once I'm in, I don't renegotiate with the chart.
Daily profit cap. Greed usually hits me after wins, not losses. That's when I feel sharp and invincible. I walk away at a set number, green or red. My worst days in the last year almost all followed big green ones.
Position sized small enough that a full loss doesn't move me emotionally. If a loss would sting, a win will tempt me to ride it past plan. Small size = neutral brain = clean decisions.
Stopped treating any trade as special. Every trade is just one of the next thousand. The moment I catch myself thinking "this one's different" or "let me just see if it runs a bit further," I know I'm off-process and I close it.
  • #44
  • May 14, 2026 2:15am May 14, 2026 2:15am
Honestly for me it’s just controlling myself once emotions take over, risk management usually disappears together with it.
  • #45
  • May 19, 2026 9:47pm May 19, 2026 9:47pm
Quoting TNTvak
Any advice anyone? I mean practically, down to earth strategies that worked for you - I do not need no paragraphs or CHATGPT generated responses, thanks in advance.
Set a target and just walk away when it’s hit. Greed usually starts when you keep pushing “one more trade” after profit.
  • #46
  • Jun 14, 2026 12:01pm Jun 14, 2026 12:01pm
Quoting TNTvak
Any advice anyone? I mean practically, down to earth strategies that worked for you - I do not need no paragraphs or CHATGPT generated responses, thanks in advance.
Journaling is a tool that may help you to control your emotions.
In my case, the rule is clear. I don't place an order if I can add it to the journal.

I hope it help!
  • #47
  • Jun 15, 2026 4:41pm Jun 15, 2026 4:41pm
Define the risk before the trade not during. A trade should be predetermined regardless of the where the candle moves. Or if you arent using a stop loss it should be atleast defined by something non-discretionary like an indicator flip. Very simple stuff really. Your rules should be written down hard before entering anything anyway so youre exit should already be covered, if not then dont take the trade until its predetermined.
Money never disappears. It only changes allegiance.
  • #48
  • Jun 16, 2026 4:50am Jun 16, 2026 4:50am
Quoting vladvalexand
{quote} Journaling is a tool that may help you to control your emotions. In my case, the rule is clear. I don't place an order if I can add it to the journal. I hope it help!
that rule is actually really sharp. most people journal after the trade, you are using it as a filter before. have you noticed which states or situations make it hardest to stick to that rule
  • #49
  • Jun 16, 2026 4:50am Jun 16, 2026 4:50am
Quoting AnneKeller
Honestly for me it’s just controlling myself once emotions take over, risk management usually disappears together with it.
that gap between knowing and doing is the real problem. most tools show you what happened after. do you have any way of catching that emotional shift before you actually place the trade
  • #50
  • Jun 19, 2026 4:27pm Jun 19, 2026 4:27pm
Quoting AnneKeller
Honestly for me it’s just controlling myself once emotions take over, risk management usually disappears together with it.
I can relate to this. My worst losses usually didn’t come from bad setups, they came from me ignoring my own rules once emotions kicked in.

Risk management is easy to talk about when you’re calm. It’s much harder after a loss when you want to make it back.

What do you usually do when emotions start taking over?
Step away, reduce size, or stop trading for the day?
  • #51
  • Last Post: Jun 19, 2026 4:29pm Jun 19, 2026 4:29pm
Quoting xausar
Define the risk before the trade not during. A trade should be predetermined regardless of the where the candle moves. Or if you arent using a stop loss it should be atleast defined by something non-discretionary like an indicator flip. Very simple stuff really. Your rules should be written down hard before entering anything anyway so youre exit should already be covered, if not then dont take the trade until its predetermined.
Completely agree. The risk should be defined before the trade, not negotiated during it.

For me, the issue was never knowing the rules—it was breaking them when emotions took over. Moving a stop "just this once" or taking one extra trade after hitting my limit caused far more damage than any strategy issue.

Curious, do you think most traders fail because they don't have risk rules, or because they struggle to follow the ones they already have?
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