# 💰 Greed in Trading: Good or Bad? Are You a Greedy Trader?

## Метаданные

- **Канал:** UKspreadbetting
- **YouTube:** https://www.youtube.com/watch?v=0NBb9kaJSeg
- **Дата:** 03.05.2025
- **Длительность:** 8:40
- **Просмотры:** 3,195

## Описание

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Are You a Greedy Trader?  Is Greed Good!!? 🤑 http://www.financial-spread-betting.com/strategies/greed-risk.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! 🎯 Profit Targets That Actually Work  In the 1987 movie Wall Street, Michael Douglas as Gordon Gekko famously said that 'Greed is Good'.  Are you a greedy trader?  And is it really good to be greedy?  How does greed affect your trading? 💰 Greed in Trading: Good or Bad?

🧪 Greed vs. Strategy: You Choose
What can Gordon Gekko teach us about greed? A lot of people keep saying that we need to keep our winners run while others say that you can't be too greedy and you should leave some for the next guy.  Where do you sit in the balance?  All I know is that you should let your winners run but you can't let your trades run when you're in conditions that aren't suited for that.  So assess the market conditions and see if they're work for your trading strategy!

## Содержание

### [0:00](https://www.youtube.com/watch?v=0NBb9kaJSeg) Intro

In this video, I'm going to talk about are you a greedy trader? Stay tuned. Hey traders, a very warm welcome to you. So, if you watch Wall Street, I was going to say Wolf on Wall Street, but it's not Wolf on Wall Street. If you watch the original Wall Street, greed is good. Gordon Gecko, his famous kind of line that he spouts out. A lot of new traders talk about that. Are you a greedy trader? Is it good to be greedy? kind of let's have a look and drill down into it. So, I've drawn this scale and if you're a subscriber, you're going to know how fantastic my drawings are on the whiteboard. Not really. Fortunately, I'm a better trader than I am a drawer. Uh it's a good time to mention if you want to subscribe, consider doing so to see more amazing kind of pictures and doodles on the whiteboard from me. Anyway, let's get to the point. What am I trying to show here? Are you a greedy trader or not? You know that a lot of people say to you and you've heard this all the time. Yeah, you got to let your winners run. And someone says, "Hey, you can't be too

### [1:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=60s) Let Your Winners Run

greedy. You got to leave something on the table for the next guy. " yada yada. You hear all that, but of course, what do you do? You know, you let your winners run, uh, which is on this side. You kind of have to take some more off and leave some for the next guy on this side. And so, your scale is pushing back and forth. Where's your target going to be? Should it hit? Should it be here? You know, you market your long where should your target be? On one side, you got this guy says, "Oh, you got to let your trades run. It should be here. " The other guy says, "Yeah, you need to take some off the table. It's here. Where do you sit? " And it's there's no easy answer to it. There's no simple defined answer. All that we know, guys, is that you should be letting your trades run. You should be doing that. However, and this is the thing that a lot of people don't say, and there's always this big butt with trading, but and there's the however, there's this, there's that. You can't let your trades run when you're in conditions that aren't suited for that. Trust me, I've made this mistake many times, and I probably continue to do so. Misjudging the conditions and trying to

### [2:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=120s) Mis misjudging the conditions

force your profit target onto the conditions. You know, if you're in a rangebound market that's kind of ranging over a week where it's 300 points range and you're buying and you're expecting to get a 300 point move, chances are not going to happen unless you're lucky enough to get right at the bottom and right at the top. You're not giving yourself the opportunity. You're not really uh you're kind of hoping for a breakout that hasn't happened. You there's too many things have to go into into play for you to get that 300 point move, for example. Whereas if you kind of said, "Okay, I've got a good entry here. I'm going to take 150. " That becomes more meaningful, you've got no reason to expect in those conditions why you should look for, you know, extended moves because the market isn't in that environment. However, if the market is ripping off to the upside, pulling back, driving higher, range expansion, volatility, then yes, you go to this

### [3:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=180s) Hold and cut

side of the scale and you say, let's put this here actually, hold and cut. So, I'm going to put you go to this side of scale and you say, "Okay, yes, I'm going to hold my position because the market conditions are right. I'm in a good position. There's a fuel to the fire. Maybe there's external influence now. I can kind of look I can be greedy and look for those longer term things. Let the trade work in my favor. I'm in it. I'm in the cruise, so to speak. Let it mature. Let it pay me for being right. There's no reason to cut it. I am right. I'm in it. There's going to be pullbacks. Sit with it. Sit with it. stretch that muscle of trying to hold it for longer, hold it for longer. The problem is you then think, okay, I must do that, I must do that. And then you're trying to force that into this environment where it's just not conducive for it. The market's too slow. It's rangebound. It's very whippy. It's back and forth. Or perhaps it's not rangebound as such. If I can squeeze this in somewhere here, I'll put it in here. Perhaps it's very kind of wide channelbased uptrend. So it's not aggressive like cut it hugging a 5 peri moving average or something. It's very widebased and so you're in but you're kind of looking for those longer moves but you've got to sit through a lot of down move as well. And it's understanding the conditions that you're in the market you're trading what could affect the market further down the line. And that gives you a decision whether you should be holding and you should be kind of stretching the greedy muscles or whether you should be cutting and running and saying listen there's my target is very small or it's relatively small I wouldn't recommend taking a very small target but it's relatively small and I'm out of it because yes it could go on and this is the irony of trading guys isn't it? You've been there. I've been there. You're in a trade. You say I'm going to cut I'm going to take my quick 50 ticks or whatever it may be. Bang. You take your trade off and then that's the time it breaks out and goes on 300. say, "Oh, I must try and hold my trades longer. " So, the next trade comes out, you get your 502. So, no, I'm going to hold it longer. I'm going to kind of go into the whole side of the scale now. I'm going to look to hold it.

### [5:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=300s) Vicious cycle

It comes back and stops you out. And you're like, "Ah. " And you get this back and forth, back and forth. And it's it can become a little bit of a vicious cycle. You're trying to hold stuff, it's stopping you out. You're taking small profits, then you're seeing it going without you, and then you you're out the trade for kind of weeks. It's finding that you know happy medium between the two. It's finding the kind of pivot point of the scale. So it's understanding that you look at the conditions, assess the conditions when the conditions just historically are saying, hey, when we do good moves, we do kind of x% moves. Or even if you've got a bit of a grubby chart, I'm going to kind of rub out my amazing scale drawing here because I want to show you this. Even if you've got a bit of a grubby chart, that will do. And I mean by a grubby chart is um you know drive up kind of push down maybe push to highs. You know this is a normal chart for most things. You know it's all very well saying well if you're in a very steep uptrend you do this and if you're in a exactly rangebound environment you do that. In

### [6:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=360s) Rangebound

the real world we know that's not the case. If you're in this kind of chart at least look at it and say well okay what's the distance between that and that? Okay that's kind of x%. So that's the kind of moves we get. What's the distance between now and that? um what's the time period between that and that is there any pattern I can extrapolate from that or look into from that if there is maybe then if I'm going long here I don't want to look for my target doesn't have to be you know 10 times this because historically we've had moves of x% that have then run out of steam is it going to continue like that we just don't know in trading but at least you're basing on some fact and you're saying well you know if we are breaking out and this is kind of pushing to support bad chart but you get the idea maybe I can use this as my target, however many points that is, and extrapolate that out up there and say, "Okay, that's my target. " Because just based on history, it makes no sense for me to be greedy and look for three times that because it's just not likely to happen. Could you kind of take most of the trade off and leave a little trailer? Of course, you could. Um, but

### [7:00](https://www.youtube.com/watch?v=0NBb9kaJSeg&t=420s) Summary

you know, that's a separate strategy in itself. So, anyway, the main summary of this guys is, you know, greed. Okay, we're not talking about greed as in, you know, greed, greed. in wanting to get more from the trade, which is good because we want to make the trade pay us when we're being right. Assessing the conditions of it, only doing that when the chart would suggest that we've got a good chance of that happening. Otherwise, just being content with those kind of quick singles if that's part of your strategy. If not, you trying to find somewhere that h trying to find a market that has got that potential for volatility expansion, for range expansion, for that push, for that drive. So keeping that balance, that fine line between those two is a tricky game, but you know, I think it's something that is well worth working on because a good trade, if it's running for you, uh, it's worth, you know, hundreds of small trade. Well, potentially, obviously, financially could be, could not be, but it's well worth it because we get a couple of those and they're running for a swing trader and you're on the end of a trend, you know, if you've got it's great. It's just, you know, constant thing that's just maturing and making your account more valuable and just generally improving your trading skill as well. Get a couple of those under your belt. Uh, you got a good year ahead of you. All right, guys. Hope you enjoyed the video. Uh, comments in the comments section below. Thumbs up if you like this kind of stuff. Take care. Keep your risk managed. See you in the next one. Goodbye.

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*Источник: https://ekstraktznaniy.ru/video/53010*