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well dear in fact I think fear of losing money is causes of much losses. when we fear to lose money, we will too late to enter the market, because we still dont confident to risky our money in this trade. that situation is bad and can harmful our trading and makes us get losses
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Yes, the fear of losing money always works in our mind. But it hampers our trading . So we should forgive it from our mind for our trading .
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after all those things people are doing business or forex......... so how you can said that it is impossible to get rid of it..........and to dispel our fears, we must often practice on a demo account.
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All traders who involves them selves in this great business with a hope that they want to earn money not for loosing money.
SO obviously it will create fear if the trader started loosing money from beginning. So from day 1 trader should focus on learning to gain appropriate knowledge, and then he will get assured level for support and resistance, so they will not get fear if market goes against them, and also they will not fear if they find any loss and use stop loss. And knowledge will reduce your fear from the mind which can help you to get success in long run.
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My friend most of the time we could not open trade because of losing money and we need to avoid the emotional trading in forex trading and for that we need to work hard and have to face some difficulties if we could not understand the trend of the market.
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The fear of losing money in the forex market always make trader to lose everything they have in the forex market trading business. trader need to understand how to lose money in the forex market and move to a earning trade
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Yes you are right the main reason of loss is fear is losing money. so fear leads to loss in forex trading markets. so be patience while doing trading in live accounts. so open the positions with small lot size to get smart income and profits.
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This business key fear is falling in value and sacrificing money. Nevertheless in the event were proficient and competent trader we've got to always be neglect our forex trading anxiety. And so we've got to always be assure your own top quality.
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I think aap puri world mein koi bhi business ker lo har business k sath koi na koi risk zaroor involve hota hai. Issi tarah Forex trading mein bhi loss ka risk hota hai aur hum apnay trading risk ko kam kernay k lye hi stop loss aur take profit ki values ko use kertay hain. But brother there is an old saying that "More Risk More Gain ".
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Fear yani ke forex trading ko karna ka ak emotion , ham jante hai ke traded ko agr ham emotion ki sath kare to ham trader yaha se acche earning nahi kar sekte hai , is liye ham ko yaha par fear ko control karke hi traded karna chaiye tab ham kamayab ho payenge .