Jun 06 2020 at 14:40
To fight this fear you actually need to lose couple times. It's the same like fighting fear of height - you go to the bridge and hang out there until you feel ok :)
Jun 08 2020 at 07:48
UlianaCheck posted:
To fight this fear you actually need to lose couple times. It's the same like fighting fear of height - you go to the bridge and hang out there until you feel ok :)
That's right! Can't get rid of a fear until you face it
I still have the fear and I have lost many times!!!
When you trade there is always a chance of losing your money
Johannes33865 posted:
When you trade there is always a chance of losing your money
That is why risk management is important.
That is why there is such a notion as 'trader's psychology' and in order to become an effective market participant you need to study this topic and understand all the nuances of how you need to prepare for trading, how to keep your emotions under control and how to rest properly after a trading session.
Jun 21 2020 at 14:56
Mostly traders especially the newcomers consider high leverage as much risk. But according to me I don’t consider it. If there is any risk, it is completely with non-sense planning and zero risk management plans, nothing to do with high leverage at all.
It seems to me that fear passes with time or more precisely with experience, because you get used to the fact that something may go wrong with you and accordingly you need to distribute capital, etc.
And you don't have to get hysterical, you just have to understand that this is a stage when you get used to the new conditions, it's normal.
And you don't have to get hysterical, you just have to understand that this is a stage when you get used to the new conditions, it's normal.
Forex trading deals in a high volume of transactions hence the fear of losses is bound to exist.The fear of losing when making a trade has several consequences. It tends to make a timer hesitant to execute his or her timing strategy, this can often lead to an inability to pull the trigger on new entries as well as on new exits.
Jun 29 2020 at 08:43
Roberto21 posted:
besides making profit there is only losses and fear. so we the traders have to make sure how to faces losses and control emotions. actually emotions is the foremost enemy in our life only not Forex trading all about life attitudes.
You can avoid fear and emotions issue simply by using expert advisors to trade for you.
