When does a person feel greedy?This emotion can arise due to rising markets. Greed is the opposite emotion to fear. It is the emotion which wins over fear and promotes over-confidence. With the rising markets, investors become greedy and hold on for longer positions, or often make random trades, which they are not supposed to do in their investing system.
This emotion can arise due to rising markets. Greed is the opposite emotion to fear. It is the emotion which wins over fear and promotes over-confidence. With the rising markets, investors become greedy and hold on for longer positions, or often make random trades, which they are not supposed to do in their investing system.
So, it is the emotional control that is the key component, an investor must exhibit while investing. True success depends on this psychological strength of the investor. Greed has to be dealt with to maintain your focus and not to get swept away by illusions.
Kaustubh Deole