Fear makes you hesitate entering a position and it is bad for you. One way of eliminating fear is through knowledge and information, if you know how your position is gonna go, then you wont have any fear in entering that position. Trader's psychology is one thing traders overlook.
Mar 02 2021 at 12:40
All kind of emotion including fear can damage trading plan. So, traders should avoid or control their emotion in trading.
If you are afraid to loss when you are trading then its only means one thing and that is your not ready yet. In forex trading we need to practice in order to earn and we can only become successful in trading if we practice in demo account and boost our trading skills and confidence in their.
Mar 11 2021 at 11:25
Fear of loss is real. But it should not hamper the way you trade. You must trade after performing proper market analysis. You will lose along the way but that shouldn’t make you lose hope.
Mar 11 2021 at 11:34
fear makes you weak. No doubt we all have fear be it trading or anything else. But we need to overcome those
Mar 11 2021 at 11:50
Gracewilson1995 posted:True. Try to invest less. That’s the way you can control your fear of losing.
fear makes you weak. No doubt we all have fear be it trading or anything else. But we need to overcome those
Yes, fear can ruin a trade very easily, that’s why a trader should try to have some control over their emotions while trading.
emotions can be controlled with experience. The more you trade the less fear. it just takes time
That is absolutely right! Fear does that to a trader no matter how much knowledge they have.
Fear does not let us think logically. That's why traders close trade and then it went in their favour. Fear comes when we not know what we are doing and why doing.
Always start trading without fear and should control your emotions when trade.
The ideal trader is totally emotionless. Just trade win or loss is same to them because they know at end of the month they will be in profit
sunvolley posted:Emotion is the most dangerous enemy of a trader.
The ideal trader is totally emotionless. Just trade win or loss is same to them because they know at end of the month they will be in profit
By not letting the emotion getting the best of you, you will be able to trade without fear.
Also, it helps if you can create a proper trading strategy to minimize the lost.
Also, it helps if you can create a proper trading strategy to minimize the lost.
Your fear doesn't let you move forward in trading. Fear of losing is not right and one should try to be calm while trading.
Jun 04 2021 at 17:25
fear makes you weak and then you lose even more.
Fear is such an emotion that causes loss to the traders. There are two types of fear in trading. Fear of losing money and fear of missing out any movement in the market.
@Akasuki People do not give importance on fear of missing any movement. But many people make mistakes due to this. They open trade early or too late due to fear of missing a trade.
You certainly shouldn't ignore it, because as a result it will play against you and increase your profits.
@perryjohn765 Yes fear makes us restless. We can't think properly if we are in fear. As a result we open unnecessary trades or close a good trade.
