Are you afraid to lose your trade?

Fear of loss keeps me from getting excited

It’s only human to be fearful. More the capital investment, more the fear.

Fear of missing out is furnished by greed I believe

Michihito posted:
Fear of losing trade is very common among traders. As Warren Buffet said, fear comes from not knowing what you are doing. If you want to remove fear you need to be skilled enough. Also you have to accept loss trades. But you are not able to recover your loss, you are not ready for live trading.

Yes. I agree with you.

Most traders have fear of losing. That's why they hold the losing trades in the hope of reversing it. To remove fear you need to know what and why you are opening a trade.

To my mind, if a person has decided to become a trader then he/she must forget about such a feeling like 'fear' in relation to losses. Every trader must know that losses are th biggest part of experience and trading activity at all. Of course it will be tough to worry about first losses, but then he/she will used to them. I suppose that losses should be taken for granted because after string of losses there will be a string of wins and only then a trader understand the significance of losses in trading activity.

Not only am I afraid of losing my trades, but I am also afraid of being wrong. Perhaps, that is because of the fact that I am too arrogant and don't want to be mistaken, but every time I am wrong (that implies losses because of my mistakes but not because of accidental fluctuations), I feel extremely stupid and downcast. I also don't like losing the money but I realise that losses are alright for trading and the fact that I hedge the risks, saves my deposit from destruction.

Experience will bring you in usual feeling when getting loss, different for the beginner trader, they may be still facing fear, anxiety when seeing their trades on loss floating, they hope the price will bounce and get to ride on the track to profit, experience trader usually already prepare the risk included in the plan, so they not too much worried with the loss

@Gavik During trading one needs to be calm and logical. So that any types of emotions do not influence their trading decision.

Fear is part of trading. After all, who wants to lose their money? So, as soon as you'll start accepting this as part of trading, you'll learn and trade in a better way.

Definitely is a key factor once you have confidence in your strategy and the experience in using it this becomes less and less

If you can learn to create a state of mind that is not affected by the market's behaviour, the struggle will cease to exisit. - Mark Douglas

I wouldn't say that I am afraid of losing the trade. Surely, this scenario is not appropriate for me, but before opening a deal I put up with the fact that this amount of money can be lost. I feel that it is the right approach to it.

If you're afraid to lose then you're doing something wrong

People who are fearful of loss and are unprepared for the risk that comes with this business should simply stay away from it. Otherwise, they will be threatened by this market from time to time. In reality, this business is made for those who are looking for big rewards, but also prepared to take on lots of risk.

I, of course, have all the fear of loss, but I tried to dwell on this and not succumb to these emotions.

The reality is that you will have to deal with losses at one point or another. Losing is common to the game, so try not to be afraid of it.

Being afraid of losing trades will just make you trigger shy. It's part of the process and if you can't deal with that you need to learn how to.

If you don't know what you you are doing, fear will be there. But if you know your strategy and plans ins and outs, you will not fear.