Are you afraid to lose your trade?
Oct 20, 2019 at 06:32
Trading fear sneaks its way in once you put on an exchange with your genuine money and watch it vacillate. For the most part, you feel energized and uncertain, and prepared to close or change your exchange at any moment. This is the place the trading botches start. Keeping your exchanges little will help you to remain above water while figuring out how to move this new issue. A trader ought to be sure constantly. What's more, certainty originates from information. The more you obtain the more you wind up plainly fearless.
Member Since Jan 05, 2016
1189 posts
Oct 21, 2019 at 20:35
45656 posted:
Trading fear sneaks its way in once you put on an exchange with your genuine money and watch it vacillate. For the most part, you feel energized and uncertain, and prepared to close or change your exchange at any moment. This is the place the trading botches start. Keeping your exchanges little will help you to remain above water while figuring out how to move this new issue. A trader ought to be sure constantly. What's more, certainty originates from information. The more you obtain the more you wind up plainly fearless.
Automate control of the account whenever possible.This reduces emotion based trading. Emotions have NO place in making trading decisions.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 05, 2016
1189 posts
Oct 21, 2019 at 20:35
Georg1o posted:
Who isn't? No one likes to lose money, no matter the sum.
Trades go bad sometimes, this is the nature of trading.
It's how we manage those losses which will determine if we can become profitable or not.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Oct 22, 2019 at 09:12
Professional4X posted:Georg1o posted:
Who isn't? No one likes to lose money, no matter the sum.
Trades go bad sometimes, this is the nature of trading.
It's how we manage those losses which will determine if we can become profitable or not.
True; it’s decentralized market, this is why Forex is all about the probabilities. In addition, that’s the reason why we need to use the SL tool.
Oct 22, 2019 at 10:58
45656 posted:
Trading fear sneaks its way in once you put on an exchange with your genuine money and watch it vacillate. For the most part, you feel energized and uncertain, and prepared to close or change your exchange at any moment. This is the place the trading botches start. Keeping your exchanges little will help you to remain above water while figuring out how to move this new issue. A trader ought to be sure constantly. What's more, certainty originates from information. The more you obtain the more you wind up plainly fearless.
Trading fear is in every trader. Its just that some are able to handle it well and others aren’t.
Member Since Jan 05, 2016
1189 posts
Oct 22, 2019 at 22:10
AlexLabro posted:Georg1o posted:
Who isn't? No one likes to lose money, no matter the sum.
Sometimes fear helps reduce losses as I think.
And sometimes it causes Revenge Trading and blown accounts.
To allow ones trading to be guided by emotions is absurd and shows a complete disregard for realistic risk management.
Emotions have NO PLACE in trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Oct 24, 2019 at 09:48
AlexLabro posted:Georg1o posted:
Who isn't? No one likes to lose money, no matter the sum.
Sometimes fear helps reduce losses as I think.
Sometimes yes, but otherwise most of the times, fear causes you to panic and thus, increase your losses.
Member Since Aug 27, 2017
994 posts
Oct 26, 2019 at 15:04
peter_fx posted:AlexLabro posted:Georg1o posted:
Who isn't? No one likes to lose money, no matter the sum.
Sometimes fear helps reduce losses as I think.
Sometimes yes, but otherwise most of the times, fear causes you to panic and thus, increase your losses.
True; even it brings more plans in human brain. I think, practice is the best medicine on the fear!
Nov 28, 2019 at 11:43
Any how you have to cope up with your fair as sometime the fear makes a trader loose his great trading moves some time it really effect on a traders health and all of the above if a trader wants to achieve his goals in trading business he has to cope up with this fear
otherwise trading is not a suitable profession for him.
otherwise trading is not a suitable profession for him.
Revenue is vanity, profit is sanity, but cash is king
Nov 29, 2019 at 10:09
At first, I used to be scared about losing my money. But as the time goes by, I started taking realize what the mistakes were made, what lessons were learned, how to avoid making mistake again. Gradually improving helps the fear to go away.
Member Since Aug 27, 2017
994 posts
Nov 29, 2019 at 13:22
downtown posted:
At first, I used to be scared about losing my money. But as the time goes by, I started taking realize what the mistakes were made, what lessons were learned, how to avoid making mistake again. Gradually improving helps the fear to go away.
I think, if you are following the rules of money management so keenly; there is no need to stop.
Dec 02, 2019 at 17:42
Of course I am. But I never let my fears to overshadow my mind. I know that I'm on top cause I'm a good trader, so even if I lose, I'll always return everything back. Uncertainty is the worst thing and everyone need just get rid of it...
Dec 04, 2019 at 10:13
AniLorak posted:Baazex posted:
Any how you have to cope up with your fear as sometime the fear makes a trader loose his great trading moves some time it really effect on a traders health and all of the above if a trader wants to achieve his goals in trading business he has to cope up with this fear
otherwise trading is not a suitable profession for him.
Very logical point; this is why I recommend meditation practice! It helps a lot to build a professional brain!
Yes, Meditation helps a lot but coping up with the actual fear and deciding either you are happy doing this job or not
Revenue is vanity, profit is sanity, but cash is king
Jan 02, 2020 at 14:01
Baazex posted:AniLorak posted:Baazex posted:
Any how you have to cope up with your fear as sometime the fear makes a trader loose his great trading moves some time it really effect on a traders health and all of the above if a trader wants to achieve his goals in trading business he has to cope up with this fear
otherwise trading is not a suitable profession for him.
Very logical point; this is why I recommend meditation practice! It helps a lot to build a professional brain!
Yes, Meditation helps a lot but coping up with the actual fear and deciding either you are happy doing this job or not
So you are also doing meditation for trading? What’s your process on this practice?
Member Since Jul 19, 2020
318 posts
Sep 02, 2020 at 13:59
Every trader has that fear. Main thing is that how they can handle this problem.
Sep 03, 2020 at 11:09
Fear of losing trade is very common among traders. As Warren Buffet said, fear comes from not knowing what you are doing. If you want to remove fear you need to be skilled enough. Also you have to accept loss trades. But you are not able to recover your loss, you are not ready for live trading.
Sep 03, 2020 at 11:55
Fear is very common emotions among traders. There are two types of fear. One fear of losing a trade. Second, fear of missing a trade. Both are equally destructive. A trade needs to have enough knowledge and skills so that fear doesn't work in him.
