Are you afraid to lose your trade?
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.
Dec 15, 2021 at 13:52
The best traders in the world all take losses, even now. Just take losses that won't kill your account and leave you fighting for another day. Don't get emotional about your losses, but don't get emotional about your wins either. If you do get emotional either way, your risking too much of your capital.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Mitglied seit Feb 20, 2021
53 Posts
Dec 22, 2021 at 03:50
Fear is a very common emotion that traders feel when they start trading.
Since emotions play an important part of trading, avoiding it is harmful. Make sure you do something about it.
To gain confidence in your trades, try to start trading with low capital, and after that, you can increase your capital. Trading gets better with time. Don’t stop!
Since emotions play an important part of trading, avoiding it is harmful. Make sure you do something about it.
To gain confidence in your trades, try to start trading with low capital, and after that, you can increase your capital. Trading gets better with time. Don’t stop!
Mitglied seit May 19, 2020
350 Posts
Dec 22, 2021 at 13:36
The fear of losing is never justified. The best way to deal with it is to trust your trading plan. Don't start trading if you don't trust yourself. The second important aspect is to accept your losses as part of the trading. There is no business without losses, because there are always different financial expenses. And third, start thinking about losses after they happen and do a detailed analysis. This will be your way of dealing with fear.
@Marcellus8610
Dec 23, 2021 at 19:46
I feel that everyone is afraid of losing their own money in forex. Fear is quite a natural reaction to the losses, so this makes the traders improve their trading strategies in order to win more and lose less. I feel that only demo traders remain indifferent to the outcomes of their deals. This makes demo account and real account different from each other.
Dec 28, 2021 at 06:14
Losing trades is a part of Forex trading. No one can be right all the time. The important thing is to have a plan for every trade, know your risk and exit points, and stick to your plan. If you are afraid to lose your trades, you will not be successful in Forex trading. You need to have a positive attitude and be willing to take risks if you want to be successful.
Mitglied seit Dec 14, 2021
28 Posts
Dec 31, 2021 at 05:24
No one likes to lose and it’s natural for everyone to be afraid to lose money. Since losing is almost inevitable, it is better for traders to learn to take it positively. However, I understand that if you are losing a big amount of money then it’s not possible to stay positive. Personally, I don’t chase big profits so I also don’t take bigger risks. When I fail, I try to understand the reason and think of a way to avoid it in future.
Mitglied seit Jun 26, 2020
327 Posts
Dec 31, 2021 at 08:20
loss is a great thing that we the traders no way to deny but the main problem is when we do a losses we got upset and trade again and agin.
Dec 31, 2021 at 18:01
there was a time when all i could see was losing trades. but that was before understanding risk management and self control. i used to move the sl as i would think a trade would turn and it would just go deeper. now if it hits sl its just 1% so no worries no problem it happens from time to time with every trader
Mitglied seit Aug 17, 2022
80 Posts
Aug 23, 2022 at 04:19
croisssan posted:I agree, the losses are a part of trading and they give us experiences of what to be careful about while trading. So I consider losses as a learning experience.
Honestly, no. If I lose some of my investment, I will have the experience and understanding that I have something to work on.
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