Discipline Over Greed: A Lesson in Trading Today, I exited $SPY 20250930 500.0 PUT before the Fed announcement. Volatility was inevitable, and the temptation to hold for extra gains was real. But greed can destroy accounts faster than any market move. Locking in profits is a form of risk management. Many traders overlook this and end up watching their hard-earned gains vanish in a single swing. Trading isnāt about hitting home runs every timeāitās about consistency and staying alive. By taking profits now, I avoided unnecessary stress and reinforced good habits. Trading psychology isnāt a buzzword; itās the difference between surviving and thriving in the markets. Discipline, not luck, keeps your account growing.
Reposting for my followers get this reminderš¤š¾š
@sophpatel:5 Simple Trading Rules for Beginners Trading can feel overwhelming at first, but success usually comes down to following a few golden rules: Never risk more than you can lose ā Protect your capital first. Use stop-loss orders ā Donāt let emotions decide when to exit. Trade with a plan ā Know your entry, exit, and risk before you click buy. Stay disciplined ā Avoid revenge trading after a loss. Keep learning ā Markets change, and so should your skills. š Stick to these rules, and youāll already be ahead of most new traders.