Are you afraid to lose your trade?
Mitglied seit Aug 17, 2021
94 Posts
Oct 09, 2021 at 18:24
Yes, because the market can be volatile, there is always the risk of losing money when trading a currency pair. In addition to the inherent risk linked to trading, with Forex trading you need to add margin trading and leverage, which means that you can trade large amounts with little initial capital.
Mitglied seit Mar 17, 2021
536 Posts
Oct 12, 2021 at 07:14
AliForexTalks posted:Loss is a common thing in this market. You need to make a good plan to reduce the losses.
Yes, because the market can be volatile, there is always the risk of losing money when trading a currency pair. In addition to the inherent risk linked to trading, with Forex trading you need to add margin trading and leverage, which means that you can trade large amounts with little initial capital.
Oct 26, 2021 at 14:11
Well, there are some traders who always are afraid of losing their money. In my opinion, it's a great mistake, because such fears never let traders to reveal their potential in trading activity. You always restrict yourself in your mind and always try to lose as less money as you can. Don't be afraid of losing money, because it interferes your potential success. Lost all your money? Nothing bad. Just earn money again in other activities and return to trading. You can acquire solid experience only in case of proper trainings and frequient practice. Never leave trading activity until you understand that it's not something that you really want to do.
Oct 29, 2021 at 10:16
I personally don't think that traders should be afraid of losing their money. Trading activity alwys implies risks, these risks imply losing money, hence if you once have decided to join trading activity, then you shouldn't be afraid of losing your accumulations, because you came to trading with these thoughts. Of course, it's kinda incorrect to set up your mood like that, however it may help you to avoid serious consequences fro your mental health after losing your money. Nevertheless, traders always should be positive in order to have strengths to open new opportunities for earning funds. it sometimes can be pretty difficult, but anyway it will help you a lot.
Mitglied seit Jan 22, 2021
125 Posts
Oct 29, 2021 at 16:41
Losses are always trader's part. In order to gain something you have to put something on risk. You can never have consistent profits in trading. What needs to be consistent is your trading routine.
Oct 31, 2021 at 22:42
Loss is part of trading, usually if afraid with the loss will mess up the trading plan, trading needs to keep in mind if loss is sometimes inevitable, but we need to make risk management using stop loss or another trading strategy, if we afraid, hence will doubt in trading and this not good for the end result
Mitglied seit Feb 02, 2021
38 Posts
Nov 02, 2021 at 05:15
A trader should be prepared to lose money as much as they are prepared to win. If you have a plan for taking profits and limits for losses, you can make money in any market.
Mitglied seit Jun 19, 2020
38 Posts
Nov 10, 2021 at 05:14
Definitely yes when it’s a high risk and reward trade but most often I keep my risk to reward ratio lower. Initially it was a big deal to me and I used to be so disappointed with my losses but now I’ve made peace with it and am trying to focus on improving my trading skills.
Nov 11, 2021 at 08:16
This permanent fear will never lead you to something great. I believe that people shouldn't be afraid of mistakes in their daily life as well as traders shoouldn't be afraid of losing a trade. It's just an experience, of course it'sn an unpleasant experience, however it teaches us a lot. One mistake can prevent thousand of other mistakes, that's why it's very important not to give up after mistakes or losses. It's just the main rule in trading, never give up after couple of losses. If you lose all the money, then you have to earn a bit more and start all over again. This is how our life works actually.
Mitglied seit Jun 14, 2021
53 Posts
Nov 15, 2021 at 07:26
Yes, fear is the most common emotion shared among trades. It can be psychological and a result of doubt on your trading skills.
We should never neglect emotions in trading. If you fear, then take a break from trading and introspect. Take small risks and build confidence by winning small profits.
We should never neglect emotions in trading. If you fear, then take a break from trading and introspect. Take small risks and build confidence by winning small profits.
Mitglied seit Aug 05, 2021
401 Posts
Nov 16, 2021 at 15:08
I struggled with this in the beginning, money was tight and I felt that I was wasting it if I lost any. I wanted to be able to tell my husband that I was successful, not that I was losing the investment that we struggled to come up with. Over time, I suppose I got more confident and things started to go well for me. I think that time and success helped me to build confidence, but I still struggle with trading anxiety at times.
Mitglied seit Sep 01, 2021
9 Posts
Nov 18, 2021 at 11:57
By choosing the proper Lot size and have confidence in your strategy it is possible to be ambivalent to losing trades. It is part of trading
Mitglied seit Nov 20, 2021
19 Posts
Nov 20, 2021 at 08:11
(bearbeitet Nov 20, 2021 at 08:11)
Yeah, until you're not on demo :D
Nov 20, 2021 at 08:14
davegordon posted:Agree, we all have a fear of losing the money so it is very wise to make a proper management in risk and money
I don’t want to lose my trades and I’m sure no other trader wants that either, but if you ask me, “ Am I afraid to lose?” No. If we are going to fear the most obvious thing in trading, we can never grow. A losing trade should be taken as a lesson but fearing it would be like giving it a lot of importance. It’s not possible to move forward while holding onto the fear.
Mitglied seit Mar 17, 2021
536 Posts
Nov 21, 2021 at 18:50
UweMoench posted:Fear of loosing is a common thing in this market.
Most people are afraid to lose money. That's why they take impulsive decision out of emotions. If we don't have enough idea why we are opening or closing a trade, this fear will persist.
Mitglied seit Jul 23, 2020
759 Posts
Dec 08, 2021 at 18:30
Try trading with small capital. Make sure you have a good strategy.
Mitglied seit Jul 23, 2020
869 Posts
Dec 10, 2021 at 21:07
Just trade with awareness and know where to stop.
Mitglied seit Nov 23, 2021
34 Posts
Dec 15, 2021 at 13:30
The fear of losing trade is normal, and it should be dealt with precaution. Traders should risk only the capital that they are willing to lose and use stop loss and take profit order to minimise losses.
