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The fear of losing opportunity

Akasuki
Mar 19 at 11:32
posts 521
Furbelows posted:
Many traders face the fear of losing opportunity when they are trading the Forex market. Some traders are able to overcome this fear and continue trading, while some traders are not able to overcome the fear of losing the opportunity, and they stop trading.

Well, in my trading I verify my entry points by many parameters! Actually, I have no fear of losing any specific trading opportunity since, I am a day trader so, in a day I get (usually) multiple trading opportunities so, I can’t compromise the quality of my trading positions!
croisssan
Mar 19 at 11:41
posts 939
In order not to lose your abilities, you need to regularly work on yourself. For example, I used the demo account of the Amarkets broker for this.
CraigMcG2020
Mar 19 at 15:41
posts 331
Akasuki posted:
Furbelows posted:
Many traders face the fear of losing opportunity when they are trading the Forex market. Some traders are able to overcome this fear and continue trading, while some traders are not able to overcome the fear of losing the opportunity, and they stop trading.

Well, in my trading I verify my entry points by many parameters! Actually, I have no fear of losing any specific trading opportunity since, I am a day trader so, in a day I get (usually) multiple trading opportunities so, I can’t compromise the quality of my trading positions!

That is the best way to be. If you have your trades managed you can make sure you dont have any undue uncomfort when trading. It is the uncertainty that gets most traders making bad decisions
synaphea
Mar 22 at 06:32
posts 38
Tilokvarma posted:
Opportunity can be lost but one should not be dejected for so. If one opportunity goes away, another will come soon and this is Forex. It is a blessing opportunity for all kinds of traders trading here. But traders should be devoid of revenge trading because no revenge on Forex cannot be taken.
I totally agree! Liquidity offered by the forex market is amazing. It keeps me optimistic and patient even if I miss any trading opportunity.
LeoGM
Mar 23 at 05:42
posts 52
Forex is a business full of opportunities so a trader should not repent even if he loses one opportunity because another opportunity will soon come to him. Every time traders should keep developing themselves and you might know how much essential learning is. Examining and testing of different strategies are essential for a trader.
PeteLanceley
Mar 23 at 09:34
posts 83
UweMoench posted:
The fear of losing opportunity is very dangerous. All newbies have this fear. When markets moves a lot in a certain direction, they become restless by thinking they are losing an opportunity of making money. As a result they try to open trade even if their system shows no signal, and they open trade and lose the money.
Yep, a lot of people suffer with this - especially when you are on a losing run. Best to be patient and wait for a solid opportunity.
croisssan
Mar 23 at 10:49
posts 939
It's not worth it to be afraid. You just need to understand that losses should be avoided and try to work them out.
Seb King (sebking1986)
Mar 23 at 10:52
posts 405
CraigMcG2020 posted:
Akasuki posted:
Furbelows posted:
Many traders face the fear of losing opportunity when they are trading the Forex market. Some traders are able to overcome this fear and continue trading, while some traders are not able to overcome the fear of losing the opportunity, and they stop trading.

Well, in my trading I verify my entry points by many parameters! Actually, I have no fear of losing any specific trading opportunity since, I am a day trader so, in a day I get (usually) multiple trading opportunities so, I can’t compromise the quality of my trading positions!

That is the best way to be. If you have your trades managed you can make sure you dont have any undue uncomfort when trading. It is the uncertainty that gets most traders making bad decisions

This also comes from repetition and the confidence gained from knowing your edge. Doing so can completely remove fear from the equation and replace it with cold logic.
If you can't spot the liquidity then you are the liquidity.
davemack
Apr 05 at 05:09
posts 78
As traders, we all have this fear. But traders should be patient and wait for the right opportunity.
podunk
Apr 11 at 09:43
posts 18
Generally all of the traders have this fear, especially the beginners. When the market changes direction or moves in any direction, they think they’ll lose the opportunity to earn profits and then eventually they lose all the money because of wrong decisions based on fear.
LabuyaChicay
Apr 13 at 05:35
posts 54
Losing opportunities is a very common issue in Forex but a trader should not worry about it because Forex generates thousands of opportunities for a trader every day. Traders should stop thinking about past because it creates an extra level of pressure for traders.

BrienBooker
Apr 29 at 11:46
posts 32
According to me, this can happen with anyone who has just begun his trading and is quite common but with consistent practice and learning one can definitely overcome their fear and slowly can lead to the path of a profitable forex journey.
vaperol
Apr 29 at 12:44
posts 7
Regular work allows the trader to keep his knowledge at a high level. I think it's worth paying attention to it.
feelsofine
Apr 30 at 05:30
posts 57
We get handful of opportunities, sometimes we lose and sometimes we win but in both the cases we learn for sure.
saluteband
May 02 at 06:19
posts 31
With respect to newbies, fear of opportunity is common; they don't want to miss out on any opportunities to learn or to make profits.
Crotchet
May 03 at 09:42
posts 23
You have to accept that you can’t take advantage of every market movement happening. You won’t understand some while some will end even before you get to know them. But this thought should not make you open positions in every trade you come across. You are not missing any bus. It’s okay to skip some trades.
fxashely89
May 03 at 11:52
posts 26
The fear of losing opportunity is quite common. To overcome this fear, you must always have a positive attitude and prevent being influenced by the emotion of fear, as the market is quite volatile.
Ogien
May 03 at 15:37
posts 15
Fear, greed, emotions all are sentimental factors and needs to be treated same as we treat our trading- with persistence.
Suradi (FXOday)
May 03 at 22:37
posts 309
Trades need to be patient actually, but sometimes when the price move leaving the line, then leading traders to chase the price, this is like many people said, fear of missing out, often dynamic market make this decision eventually in regret, we can take a lesson from these experience.
Vomitoryy
May 05 at 04:03
posts 24
That's true! As a new trader the strongest emotion that you feel is fear that grips you tight as you trade.
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