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Are you afraid to lose your trade?

Michihito
Sep 03 2020 at 11:09
298 ieraksti
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.

UweMoench
Sep 03 2020 at 11:55
751 ieraksti
Fear is very common emotions among traders. There are two types of fear. One fear of losing a trade. Second, fear of missing a trade. Both are equally destructive. A trade needs to have enough knowledge and skills so that fear doesn't work in him.

strongacc
Sep 04 2020 at 13:34
4 ieraksti
Fear of loss keeps me from getting excited

christielowe
Oct 14 2020 at 11:36
35 ieraksti
It’s only human to be fearful. More the capital investment, more the fear.

Psylencc
Oct 14 2020 at 11:55
1 ieraksti
Fear of missing out is furnished by greed I believe

Tremblay
Jul 29 2021 at 10:02
330 ieraksti
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.

Akasuki
Jul 31 2021 at 10:32
500 ieraksti
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.

Malokelv (Malokelv)
Aug 04 2021 at 16:06
22 ieraksti
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.

Gavik
Aug 04 2021 at 19:49
18 ieraksti
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.

Suradi (FXOday)
Aug 04 2021 at 23:41
284 ieraksti
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

UweMoench
Aug 05 2021 at 05:26
751 ieraksti
@Gavik During trading one needs to be calm and logical. So that any types of emotions do not influence their trading decision.

Danny Gilbert (Whitethroat)
Aug 05 2021 at 13:30
5 ieraksti
You need a cold head and a warm heart to be a trader.😄

croisssan
Aug 05 2021 at 13:39
939 ieraksti
I think every trader is afraid of losing money. But it is important not to be afraid, but to know how to trade in order not to receive losses.

Alexthetrader
Aug 05 2021 at 17:42
60 ieraksti
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.

WaltonCharles
Aug 06 2021 at 12:37
144 ieraksti
Whitethroat posted:
You need a cold head and a warm heart to be a trader.😄

Yes. You are absolutely right.

CraigMcG2020
Aug 07 2021 at 11:41
294 ieraksti
Definitely is a key factor once you have confidence in your strategy and the experience in using it this becomes less and less

Seb King (sebking1986)
Aug 08 2021 at 11:12
362 ieraksti
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

If you can't spot the liquidity then you are the liquidity.
Unellene
Sep 11 2021 at 16:21
283 ieraksti
each pocket will bring you closer and closer to success, because this is an invaluable experience for the future, if you analyze everything correctly

Gavirus
Sep 30 2021 at 19:00
16 ieraksti
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.

Treeny
Sep 30 2021 at 19:53
211 ieraksti
If you're afraid to lose then you're doing something wrong

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