Dec 31 2020 at 13:19
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.
Dec 31 2020 at 13:55
If you are a day trader it's not possible to make pips everyday. In some days you won't get any trades. You have to sit on sideline bench. If you want to keep a goals make it 3 months 6 months or yearly goals.
Dec 31 2020 at 17:00
Finding right time to enter and exit are important. Practice can help to overcome this weakness.
Jan 01 at 03:27
It is never possible to trade if there is fear. Every trader should give up greed and fear. These two negative emotions are the cause of loss in trading.
Jan 08 at 05:22
Controlling your emotions is the biggest strength that helps you in your trading journey. If you can control your emotions, you can do anything. And if you can’t, you won’t be able to make profitable decisions.
Jan 08 at 07:32
Undoubtedly, that's a fear common with everyone. However i'm always better off when i trade with a plan.
Jan 08 at 10:18
One needs to overcome his fears in order to gain big achievements in life
Jan 08 at 19:18
To overcome the fear of losing money, you need to use for trading only those funds, the loss of which will not be critical for you.
Jan 21 at 09:42
All newbies and even some expert traders want to make use of every opportunity they get and the fear of losing it is very dangerous.
Jan 21 at 14:58
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.
Really important to match your trading style with mindset. If youre that way inclined be a scalper
