USD/JPY was quite stagnant for this week and ranging for most of the days.Well,actually i had a good trade with my entry point at 98.09,Profit target at 97.28 and Stop Loss at 98.90.It was supposed to profited at 80 pips but GREED took over me.I extended my Profit to 96.59 and it never hit and it went to a reversal and i finally closed at 97.90.It was a good lesson for me as i learned from my mistakes and it added to my list of my personal rules of trading.
There is an excerpt from Jesse Livermore's,
WE ARE THE TOTAL SUM OF OUR EXPERIENCE.
Greed- is a human emotion existing in all people defined by Webster's dictionary as:"The excessive desire for acquiring or possessing,a desire for more than one needs or desire"We do not know the origin or blueprint of greed,all we know is that it exists in every person.
May The Force Be With You.