Teutomania
Biedrs kopš
22 ieraksti
Dec 16 2022 at 05:52
This is a very common feeling that beginners go through. For them, every market movement seems like a money-making opportunity, which is wrong. Firstly, they need to determine their risk appetite and then understand the market movements to make the right moves.
Gewgaw
Biedrs kopš
57 ieraksti
Dec 20 2022 at 10:14
Teutomania posted:I agree, traders need to be able to understand the right way to move with the market. It can take time to get familiar with the market sentiment. Beginners generally feel that they’re missing out and rush into the market without a plan leading them to loss.
This is a very common feeling that beginners go through. For them, every market movement seems like a money-making opportunity, which is wrong. Firstly, they need to determine their risk appetite and then understand the market movements to make the right moves.
jambeau
Biedrs kopš
51 ieraksti
Dec 22 2022 at 12:47
Gewgaw posted:Indeed getting comprehended with the market takes time and every trader should maintain patience. Fear of losing money is quite natural but you need to understand that trading is a business. Being fearful will never let you become profitable.Teutomania posted:I agree, traders need to be able to understand the right way to move with the market. It can take time to get familiar with the market sentiment. Beginners generally feel that they’re missing out and rush into the market without a plan leading them to loss.
This is a very common feeling that beginners go through. For them, every market movement seems like a money-making opportunity, which is wrong. Firstly, they need to determine their risk appetite and then understand the market movements to make the right moves.
Suradi
(FXOday)
Biedrs kopš
470 ieraksti
Dec 22 2022 at 22:51
Working in a real account is surely different compared to working demo account, using real money, the fear of losing money is a common thing, especially for first-time trading as beginners, usually with long time experience, the fear will decrease because already get more understand of the market.
binarysumo22
Biedrs kopš
40 ieraksti
Dec 23 2022 at 10:05
To overcome the fear of losing opportunity in trading, I would recommend focusing on developing a consistent trading plan and sticking to it. This can help to reduce the temptation to make impulsive trades based on fear of missing out. I would also recommend setting clear risk management strategies, such as stop-loss orders, to help manage potential losses and protect against potential losses.
Salsitude
Biedrs kopš
47 ieraksti
Dec 29 2022 at 09:10
The fear of losing an opportunity is a common emotion that has a negative impact on trading and the trader. This is why every trader should keep their emotions out of their trading and trade in the live market with a clear mind and logical approach.
dzonn
Biedrs kopš
21 ieraksti
Jan 20 at 13:55
I experienced this first when I started. Now I realize opportunities come and go, there will always be a new train arriving!
Keli_3
Biedrs kopš
50 ieraksti
Jan 21 at 06:53
dzonn posted:Same here, buddy! A lot of opportunities come and go, the right ones should be identified and utilized in a proper manner.
I experienced this first when I started. Now I realize opportunities come and go, there will always be a new train arriving!
Leonor_Lou2
Biedrs kopš
18 ieraksti
Jan 24 at 04:45
FOMO is the fear of missing out on an opportunity, and it is bad for trading decisions.
CarlenSharon
Biedrs kopš
1 ieraksti
Jan 25 at 04:07
Don't let FOMO cloud your judgment in the forex market - stick to your trading plan and trust the process
reggae
Biedrs kopš
74 ieraksti
Jan 25 at 06:06
Just like fomo, but it is best not to feel like that. Like the user above me said, don't let it cloud your judgment and stick to your trading plan as always.
electrica333
Biedrs kopš
80 ieraksti
Jan 30 at 12:17
reggae posted:I had this fomo before but it got overcome with time and experience. Now I just follow my trading plan.
Just like fomo, but it is best not to feel like that. Like the user above me said, don't let it cloud your judgment and stick to your trading plan as always.
Eloise
Biedrs kopš
51 ieraksti
Jan 30 at 12:42
Since there are many opportunities in forex, even if a trader misses one, another one will come along soon. Traders should mainly focus on improving their strategies.
AharonGorion
Biedrs kopš
10 ieraksti
Jan 30 at 15:05
Eloise posted:
Since there are many opportunities in forex, even if a trader misses one, another one will come along soon. Traders should mainly focus on improving their strategies.
This is very true for intra day trading on the shorter time frames but on the longer time frames it is less true. On the daily time frame, you may need to wait months or years before the next opportunity
utraeg
Biedrs kopš
5 ieraksti
Feb 01 at 07:50
I am still struggling with this, sometimes take a trade that has deviated from my strategy best pricing
Lūdzu ienāciet, lai komentētu.