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!
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.
Mar 19 2022 at 15:41
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
Tilokvarma posted:I totally agree! Liquidity offered by the forex market is amazing. It keeps me optimistic and patient even if I miss any trading opportunity.
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.
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.
Mar 23 2022 at 09:34
UweMoench posted: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.
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.
It's not worth it to be afraid. You just need to understand that losses should be avoided and try to work them out.
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.
As traders, we all have this fear. But traders should be patient and wait for the right opportunity.
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.
Apr 13 2022 at 05:35
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.
Apr 29 2022 at 11:46
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.
Regular work allows the trader to keep his knowledge at a high level. I think it's worth paying attention to it.
Apr 30 2022 at 05:30
We get handful of opportunities, sometimes we lose and sometimes we win but in both the cases we learn for sure.
May 02 2022 at 06:19
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.
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.
May 03 2022 at 11:52
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.
Fear, greed, emotions all are sentimental factors and needs to be treated same as we treat our trading- with persistence.
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.
