I think fear is a very dangerous thing, and it will make us unable to develop as a trader, because we will definitely think always hesitate because of fear, and that is a bad psychology, and I think that it should be in the clear.
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I think fear is a very dangerous thing, and it will make us unable to develop as a trader, because we will definitely think always hesitate because of fear, and that is a bad psychology, and I think that it should be in the clear.
you should posses optimal level of worry and yes it might be utilized avoid the loss in trade and worry of losing cash a trader keep targeted and prudent in negotiating abundant worry but additionally keep a trader outside the negotiation and call creating at the ideal time of worry. whereas law isn't too sensible for business and this isn't profitable.
yes fear always stops us to take good decisions about our trades at right time,that's why i think we can not use fear to avoid losses in forex because fear in trading always produce loss for us..Quote:
Originally Posted by sinzui
inside my very little experience, concern trade invariably fall in problem in forex market. i feel, we ought to avoid this. its never facilitate out to avoid the loss in trade. sensible observe will facilitate one to avoid the loss. money and risk management too facilitate to try and do this.
if we are afraid of doing forex trading, we will never get the benefit of trading, fear should be avoided with good money management, I think, we can eliminate fear. loss in trading is a natural thing. we need not be afraid.
yeah at beginning some sort of feelings arises in me as well but then I have studied about the same situation so I remained focused in my investment and at the end I get the good benefit out of it.. so I must say you have to study forex before investing in it..
I see that if we fear to not as a followed all the rules, and follow our trading strategy. it can help us to avoid the losses. but if we just fear to getted as a losses, i certain we can't avoid our loss, but it makes our losses bigger and biggers really !!
Mybe that we can't feared to be as a success. If we still fear to getted as a loss, we will never get good profit from ours as a trading and it means we will never be success. we can't avoid our loss with our fear, but with our confident really !!
Fear can harm us in the sense that it can make us not to think rationally thereby making to make wrong decisions. For example; You entered the at a price but when you entered the market, the market started going against you but because you cannot control your fear, you went ahead and closed your trade and afterwards the market reverses and you might start regretting why you closed that trade.
If you have not fear in the forex trading then you will not play on low leverage. You will always play on high leverage.
This is only fear which really stop you to play on high leverage in which you really afraid of that.