These are the two emotions that affect every trader, regardless of experience or financial standing. Greed – the desire to make as much money as you can. Fear – the fear of losing money.
These two emotions will always be there, for every trader. And they are natural emotions – we all want to make a lot of money and no-one wants to lose money. So how do you control these emotions to trade proficiently and without emotion? The answer = education. An educated knowledgeable trader will understand why they are following their strategy and learn to follow their trading rules without acting on emotions of fear and greed.