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The fear of losing opportunity
Feb 16, 2019 zamanından beri üye
30 iletiler
Mar 26, 2021 at 11:42
Feb 16, 2019 zamanından beri üye
30 iletiler
UweMoench posted:yes always demo first
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.
Mar 28, 2021 zamanından beri üye
617 iletiler
May 08, 2021 at 13:30
Mar 28, 2021 zamanından beri üye
617 iletiler
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.
Oct 31, 2020 zamanından beri üye
16 iletiler
Sep 13, 2021 at 20:00
Oct 31, 2020 zamanından beri üye
16 iletiler
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.
Jun 14, 2021 zamanından beri üye
28 iletiler
Sep 22, 2021 at 07:12
Jun 14, 2021 zamanından beri üye
28 iletiler
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.
May 27, 2021 zamanından beri üye
57 iletiler
Sep 22, 2021 at 10:33
May 27, 2021 zamanından beri üye
57 iletiler
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.
Sep 14, 2021 zamanından beri üye
9 iletiler
Sep 22, 2021 at 11:57
Sep 14, 2021 zamanından beri üye
9 iletiler
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
Mar 28, 2021 zamanından beri üye
617 iletiler
Sep 22, 2021 at 13:50
Mar 28, 2021 zamanından beri üye
617 iletiler
@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.
Jul 20, 2020 zamanından beri üye
399 iletiler
Sep 24, 2021 at 06:44
Jul 20, 2020 zamanından beri üye
399 iletiler
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
Jun 07, 2021 zamanından beri üye
72 iletiler
Sep 24, 2021 at 08:09
Jun 07, 2021 zamanından beri üye
72 iletiler
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.
May 11, 2020 zamanından beri üye
21 iletiler
Sep 25, 2021 at 15:53
May 11, 2020 zamanından beri üye
21 iletiler
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.
Jul 19, 2020 zamanından beri üye
751 iletiler
Nov 05, 2021 at 12:47
Jul 19, 2020 zamanından beri üye
751 iletiler
@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.
Apr 27, 2021 zamanından beri üye
13 iletiler
Dec 09, 2021 at 09:10
Apr 27, 2021 zamanından beri üye
13 iletiler
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.
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.
Nov 23, 2021 zamanından beri üye
34 iletiler
Dec 14, 2021 at 05:53
Nov 23, 2021 zamanından beri üye
34 iletiler
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.
Apr 09, 2019 zamanından beri üye
538 iletiler
Dec 14, 2021 at 12:14
Apr 09, 2019 zamanından beri üye
538 iletiler
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.
Apr 03, 2021 zamanından beri üye
470 iletiler
Dec 14, 2021 at 23:06
Apr 03, 2021 zamanından beri üye
470 iletiler
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
Just like waiting for a bus on bus station safer than pursuing bus when already runnng
Mar 23, 2020 zamanından beri üye
63 iletiler
Dec 15, 2021 at 10:03
Mar 23, 2020 zamanından beri üye
63 iletiler
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.
Oct 19, 2021 zamanından beri üye
18 iletiler
Dec 15, 2021 at 12:25
Oct 19, 2021 zamanından beri üye
18 iletiler
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.
May 19, 2020 zamanından beri üye
401 iletiler
Dec 15, 2021 at 12:38
May 19, 2020 zamanından beri üye
401 iletiler
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.
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
Jan 26, 2013 zamanından beri üye
73 iletiler
Dec 15, 2021 at 14:04
Jan 26, 2013 zamanından beri üye
73 iletiler
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
Jan 26, 2013 zamanından beri üye
73 iletiler
Dec 15, 2021 at 14:05
Jan 26, 2013 zamanından beri üye
73 iletiler
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
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