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Fear is the greatest reason

PeteLanceley
Mar 16 at 14:28
49 Posts
Stick with your plan, and enter on your confluences that you have built up whilst practicing and you will be successful in the real world with trading. If you aren't confident yet, trade demo.

SMD Ashik (sgtmarkets)
Mar 17 at 05:18
14 Posts
Michihito posted:
Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing cash in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most.

It is absolutely true!

Sar John (Sarjohn)
Mar 17 at 08:42
187 Posts
Trading is not possible without risk, and when you risk something, you fear to lose it. But at the same time with fear you can not trade so try to avoid emotion while trading. Just remember profit and loss is a part of trading only.

eekpillar
Mar 22 at 09:59
24 Posts
I agree with you. Fear can be quite harmful in a trader’s journey in forex.

georgequayle
Mar 26 at 11:46
29 Posts
Michihito posted:
Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing cash in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most.

have to keep calm

Tremblay
Mar 28 at 10:06
330 Posts
Greed is the most dangerous emotion for trading. Most of the traders lose money just because of this greed. And there are s trader who is mistaken greed as hope. Greed is when you have no trading plan. You trade all day long. After a profitable trade, you open another trade in the hope of making money. But we should control our greed if we want to stay in the market and make profit for long.

suzannewallace
Apr 05 at 10:52
12 Posts
Fear is pretty common and there is something that can be done to eliminate it entirely. Winning a few small trades might help boost the confidence of traders.

LyudmilLukanov
Apr 05 at 13:52
588 Posts
Invest small to control your emotion. Or invest what you can afford to lose.

AliaDare
Apr 05 at 15:35
634 Posts
PeteLanceley posted:
Stick with your plan, and enter on your confluences that you have built up whilst practicing and you will be successful in the real world with trading. If you aren't confident yet, trade demo.

Great post, my mindset was like this when I was a beginner trader. If the trading results were not good then I would go back to demo trading and strengthen those weak points.

Suradi (FXOday)
Apr 05 at 23:49
145 Posts
Michihito posted:
Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing cash in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most.

I think not only fear that endangers account, but also greediness in trading, high expectation with the higher risk taker, but fear if placed on right time can protect the account, it's mean if position already moves away from early prediction then fear losing more and decided to cut loss rather than hold position in uncertainty condition. but if fear without the right reason indeed will mess up the overall trading plan, and it's not good for trading performance.

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