The fear of losing opportunity

Dec 31, 2020 at 13:19
4,845 การดู
128 Replies
เป็นสมาชิกตั้งแต่ Feb 16, 2019   30 โพสต์
Mar 26, 2021 at 11:42
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.
yes always demo first
เป็นสมาชิกตั้งแต่ Mar 28, 2021   617 โพสต์
May 08, 2021 at 13:30
Emotions are there in forex trading. However, there's a difference between responding to the feelings and reacting to the feelings. Our choice ought to affect our emotions, fear, anger and greed. It is dangerous in case a trader don't understand what he's doing.
เป็นสมาชิกตั้งแต่ Oct 31, 2020   16 โพสต์
Sep 13, 2021 at 20:00
In my opinion, people always try to stay away such a phenomenon as fear of losing opportunities. Of course it's quite difficult to distract from such thoughts but there is chance to learn how to get rid of such thoughts I bet. Forstly, people should consider such opportunities as something that shouldn't happen. It means that something saved you from taking that action, which means that things could have gone much worse. If people, especially, traders, would understand that everything that doesn't work is for the best, they would start to relate to their life with much more respect and would start to appreciate every action.
เป็นสมาชิกตั้งแต่ Jun 14, 2021   28 โพสต์
Sep 22, 2021 at 07:12
Fear of losing opportunity is a part of emotional trading and it needs to be checked at all costs. Otherwise a trader will not be able to follow his trading plan properly.
เป็นสมาชิกตั้งแต่ May 27, 2021   57 โพสต์
Sep 22, 2021 at 10:33
I would say that it is obvious to get fear of losing opportunities in forex but once you will be able to have sufficient knowledge, no fear can come in the way of excelling.
เป็นสมาชิกตั้งแต่ Sep 14, 2021   9 โพสต์
Sep 22, 2021 at 11:57
FOMO is a killer for trading and results in over trading. When day trading there will always be another opportunity so there should be no stress over FOMO
เป็นสมาชิกตั้งแต่ Mar 28, 2021   617 โพสต์
Sep 22, 2021 at 13:50
@owlkitten Yes opportunity always comes in the market. We have to remove the fear. It needs enough patience in the market. Don't let your emotions drive you.
เป็นสมาชิกตั้งแต่ Jul 20, 2020   399 โพสต์
Sep 24, 2021 at 06:44
Akasuki posted:
@owlkitten Yes opportunity always comes in the market. We have to remove the fear. It needs enough patience in the market. Don't let your emotions drive you.

Yes always creeps up its one of the main pitfalls in Trading in the Zone. It isnt just new traders that are susceptible to it experienced ones can feel its pain too
เป็นสมาชิกตั้งแต่ Jun 07, 2021   72 โพสต์
Sep 24, 2021 at 08:09
‌Every trader has experienced this in one way or another. It's the moment when you know that you could be losing out on a lot of money by closing out your open position. The best traders have a high level of emotional control, and they know how to handle their fear of losing an opportunity.
เป็นสมาชิกตั้งแต่ May 11, 2020   21 โพสต์
Sep 25, 2021 at 15:53
This happens regularly to those who don't have sufficient self-discipline while trading. However, this state is usually called greed rather than fear. The traders are too greedy to lose such an 'opportunity'. Traders experience fear after a long losing streak and they are too afraid of losing more money which makes them lose the real opportunities which are proved by different signals.
เป็นสมาชิกตั้งแต่ Jul 19, 2020   751 โพสต์
Nov 05, 2021 at 12:47
@necolesilvers Yes fear of losing opportunity is a part emotional trading. But the sad part is whether we understand emotional trading or not, it's there. People automatically feel this fear.
เป็นสมาชิกตั้งแต่ Apr 27, 2021   13 โพสต์
Dec 09, 2021 at 09:10
It's the most common thing which happen with all traders on particular stages in trading activity. I believe that the main reason of such a phenomenon is that you thought that trading activity would be easy for you and you thought that you would be able to trade pump and dumps always.
Nevertheless, it's not like that and you should be very lucky to trade pump and dumps. Of course, sometimes you will catch the trend and go by it, however once your forecast won't be on your side and you will lose money.
In my opinion, if you're afraid of fomo, try to think less about what might happen, and think more about what's happenning now.
เป็นสมาชิกตั้งแต่ Nov 23, 2021   34 โพสต์
Dec 14, 2021 at 05:53
Traders should understand that they can’t take every opportunity that comes their way. Market is very uncertain. Even when you are winning continuously, there’s still a chance of losing all your profits in the very next moment if you keep trading recklessly. It is good to open a position only when you see most things are in your favor.
เป็นสมาชิกตั้งแต่ Apr 09, 2019   538 โพสต์
Dec 14, 2021 at 12:14
The thing new traders need to understand is that trading is a game of probabilities and caution. Unless the opportunity is high probablility you are always better off keeping your powder dry. There is always another high probability set up around the corner.
If you can't spot the liquidity then you are the liquidity.
เป็นสมาชิกตั้งแต่ Apr 03, 2021   470 โพสต์
Dec 14, 2021 at 23:06
I think FOMO is the worst habit of so many forex traders because tempted by price movement and then chase price although already missing good entry.
Just like waiting for a bus on bus station safer than pursuing bus when already runnng
เป็นสมาชิกตั้งแต่ Mar 23, 2020   63 โพสต์
Dec 15, 2021 at 10:03
FOMO is one of the worst feeling that you will ever get if you are being considering what you have to research, so ideally you should research before you decide to invest in something.
เป็นสมาชิกตั้งแต่ Oct 19, 2021   18 โพสต์
Dec 15, 2021 at 12:25
Fear of losing opportunity or fear of losing trades is all natural. What's required is to make yourself prepare for the worst using proper emotional management. Then only you can see better trades.
เป็นสมาชิกตั้งแต่ May 19, 2020   394 โพสต์
Dec 15, 2021 at 12:38
If you are afraid of losing an opportunity, then you have already lost it.

Just keep it in mind and remember every time you think that you can still make money in a lost opportunity. The market benefits those who have a plan.
@Marcellus8610
เป็นสมาชิกตั้งแต่ Jan 26, 2013   73 โพสต์
Dec 15, 2021 at 14:04
Never make a trade for the sake of trading if the opportunity isn't there and you're restless of not having any action. You will lose more often than you think. Take your time and have patience. The opportunities will come. Forex is not going anywhere.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
เป็นสมาชิกตั้งแต่ Jan 26, 2013   73 โพสต์
Dec 15, 2021 at 14:05
FXOday posted:
I think FOMO is the worst habit of so many forex traders because tempted by price movement and then chase price although already missing good entry.
Just like waiting for a bus on bus station safer than pursuing bus when already runnng

Great analogy. If miss the first bus, don't run for it. You may get hurt. Just wait for the next one.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
You must be connected to Myfxbook in order to leave a comment
*การใช้งานเชิงพาณิชย์และสแปมจะไม่ได้รับการยอมรับ และอาจส่งผลให้บัญชีถูกยกเลิก
เคล็ดลับ: การโพสต์รูปภาพ/youtube url จะฝังลงในโพสต์ของคุณโดยอัตโนมัติ!
เคล็ดลับ: พิมพ์เครื่องหมาย @ เพื่อป้อนชื่อผู้ใช้ที่เข้าร่วมการสนทนานี้โดยอัตโนมัติ