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Are you afraid to lose your trade?

Adribaasmet
Oct 26 2019 at 15:04
posts 947
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!

Wiame (Baazex)
Nov 28 2019 at 11:43
posts 45
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.

Revenue is vanity, profit is sanity, but cash is king
AniLorak
Nov 29 2019 at 07:06
posts 920
Baazex posted:
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.


Very logical point; this is why I recommend meditation practice! It helps a lot to build a professional brain!

downtown
Nov 29 2019 at 10:09
posts 26
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.

Adribaasmet
Nov 29 2019 at 13:22
posts 947
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.

AniLorak
Nov 30 2019 at 07:15
posts 920
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.


That’s the attitude we traders need; focusing on the process is the key instead of focusing on the loss or profit!

Malokelv (Malokelv)
Dec 02 2019 at 17:42
posts 20
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...

Wiame (Baazex)
Dec 04 2019 at 10:13
posts 45
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
AniLorak
Jan 02 2020 at 14:01
posts 920
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?

GeorgeBischof
Sep 02 2020 at 13:59
posts 318
Every trader has that fear. Main thing is that how they can handle this problem.

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