Fear is always stronger than greed, thats why a popular misconception is that newbies overtrade. patently untrue, in fact if anything they UNDErtrade
It is not very intelligent to associate greed with long and fear with short. Both are associated with mental mistakes usually associated with linking a balance sheet to doing the trading routine. There is a line in the sand that has to do with learning to count chips after the game is over. It is a before and after thing.
Hersey, When one getâs past the elementary BS you espouse â it is not very intelligent to associate fear and greed with anything but rising and falling prices Get past the âeveryone around here is a mental midget/ emotional wreckâ crap... Every trader is responsible for standing on their own two feet, their trading, and their success or failures â period⦠Oh thatâs right your ego wonât allow that will it guru â always feeding the reliance on you â as are the only one with all the answers My ass RN
I read somewhere in that a statistical study of price behavioral psychology they found that the fear of missing out on a Market move is 4 times greater than the fear of losing money. To simplfy: Greed is the fear of missing out on something