Fear and greed are the twin emotional poles that destroy trading performance. Fear makes you hesitate on valid signals and exit winners early. Greed makes you hold losers, over-leverage, and chase moves.
Course 13 · Lesson 03
Fear, Greed and Discipline
~9 min read•Lesson 03/10
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Fear and greed are natural human responses - discipline is the operational system designed to neutralize them.
Strict position sizing and predefined invalidation stops remove emotional discretion.
KEY TERMS
Discipline
The ability to strictly execute your predefined written trading plan regardless of emotional state.
Greed
The urge to over-leverage or exit a winning trade prematurely to capture paper gains.
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