Para utilizar el chat, inicie sesión.

Forex Trading Psychology: Levels of FEAR

LukeRachel
Nov 29 2021 at 02:51
posts 477
LukeRachel posted:
Fear and greed are harmful emotions in trading. The place where many traders are interrupted. If the trader is experienced in this place and is able to control emotions, there will be no obstacle for him to succeed.
Exactly, first of all, you have to control your emotions and participate in trading. If you trade out of greed and fear, the investment can be zero every time. Therefore, you have to manage the risk, eliminate the fear, and trade positively.
Tuxedo888
Dec 01 2021 at 20:52
posts 66
Steve Ward ----High Performance Trading Book
Its a very good start.

Varkeer
Dec 13 2021 at 12:33
posts 17
Read The Psychology of Money, great book on the subject.
croisssan
Dec 13 2021 at 17:27
posts 939
Unfortunately, fear is a very common occurrence among traders. This is very difficult to overcome, especially in the initial stages.
LucianVince
Dec 20 2021 at 12:11
posts 34
It would be unjustified to say that we don’t fear risking our money, no matter what level of trading we are at. When real money is involved, real emotions take part and it’s not easy to overcome them completely.
traderjakelong
Jan 10 at 04:25
posts 24
It’s common to be afraid of losing. But it shouldn’t keep you from taking risks that could be profitable for you. You need to take calculated risks that don’t involve emotions and that can be done only when you have some market experience.
Darkwarden
Jan 11 at 18:55
posts 26
Awesome article actually. I believe that fear is the most important part in trading which have to be overpassed. You can easily overpass the stages which include gaining knowledge, skills and experience, finding a broker and so on so forth, but whta will be really difficult for a new trader is to overpass levels of fear. The very first level new traders face after they join trading activity. They're afraid of depositing money because they are tend to suppose that they will be cheated. The second stage of fear is to be scared of moving fom demo to real account. The first deal drives you crazy. However, you have to overpass all the stages.
Chechova
Jan 21 at 18:13
posts 22
Forex trading psychology in my opinion is the most difficult thing actually. We can learn everything we want to learn, but it's almost impossible to set up our conscious correctly, everything because human beings are create to feel emotions. It's impossible to get rid of emotions at all, that's why it's getting harder and harder to handle our emotions. The matter here is to have an ability to distract yourself from bad thoughts and negative emotions. In his case I can advice meditation or some activities which will distract you from forex trading, mainly because you need to supress your emotions whil you're trading.
LyudmilLukanov
Feb 06 at 01:38
posts 796
By mastering your emotions, you can get closer to efficiency and maximize profitability.
croisssan
Feb 06 at 11:35
posts 939
Fear in trading leads to only one thing - losses. This is the most important thing to remember.
davemack
Feb 17 at 05:51
posts 78
It would be wrong to say that you can overcome fear while trading because it’s a natural emotion that will come when you have put your money at risk. But you have to learn to control your emotions so that they don’t become an integral part of your trading decisions.
TraderIvana
Feb 17 at 06:12
posts 34
davemack posted:
It would be wrong to say that you can overcome fear while trading because it’s a natural emotion that will come when you have put your money at risk. But you have to learn to control your emotions so that they don’t become an integral part of your trading decisions.It would be wrong to say that you can overcome fear while trading because it’s a natural emotion that will come when you have put your money at risk. But you have to learn to control your emotions so that they don’t become an integral part of your trading decisions.
Yes davemack! These emotions are part of trading and can't be just vanished. Traders should work on their emotions so that their trades are not affected.
croisssan
Feb 17 at 14:34
posts 939
Most importantly, don't be afraid to make decisions. These aspects play a rather important role for a trader.
Bigmouth
Apr 07 at 04:17
posts 24
The traders are either the most fearful in their first trades or become more fearful with time. The former is too scared to use their real money to trade. On the other hand, the latter are too excited to make money that they take big risks in the beginning and when it goes out of control, they are too scared to use more money.
synaphea
Apr 12 at 08:17
posts 38
I think we should really move over the thought that fear is the wrong thing when it comes to forex trading. But what if a trader is so fearless that he keeps taking unnecessary challenges just to lose money later? Don’t you think that being fearful would keep a trader from taking unnecessary risks and trading safely?
nabobe
Apr 18 at 08:08
posts 22
All emotions are natural. But when you decide to become a trader, you have no other option than to control them. Otherwise, you will keep distracted from your trading plan and not make anything.
Vomitoryy
Apr 20 at 09:13
posts 23
I would say fear is a tool that our brain uses to protect us from any sort of danger. And nowadays we feel that fear about almost everything we do: going to a new school, starting a new job or business. The fear of getting started with anything is because our brain senses the possibility of failure as a threat. And this fear helps us to stay grounded and make rational choices as and when required. Forex trading is no different. It involves money and speculation which comes with lots of risks and uncertainty. And having this fear of losing money is good whether you are rich or not. This fear will keep us from going overboard and keep us sane.

HeavenLeighGill (HeavLeighGill26)
May 20 at 16:04
posts 255
Great point! I struggled with anxiety when I first started, even though I didn't invest a lot of money initially, it felt like a lot to me at the time because we were living paycheck to paycheck. Losing some of it made me more fearful, but I managed to stick with it and turn things around without reaching the level of hatred or blaming others. Otherwise, I might not have made it.
Jiffyy
May 23 at 09:18
posts 26
Being fearful is natural, normal, and unavoidable. But you can definitely work on making yourself mentally so strong that it doesn’t keep you from making profitable decisions.
RobertFerrari
May 25 at 05:26
posts 375
Losses are always awe-inspiring for traders and it accumulates fear in traders that gradually turn into a psychological barrier in the way of trading. For so, there is no alternative to learning. Proper learning assists in discovering different ways to get rid of losses and bring advancement in knowledge.
Por favor, inicie sesión para comentar .