Can fear be used to avoid the loss in trade?

[dragon]

Yes fear can be used to avoid loss in the trade as fear of loosing money is there in the minds of every trader and optimum level of fear should be there also and is good for traders and it keeps them on their toes and do their analysis properly too .

If about possibility, it is possible to use fear to avoid losses but it's not good idea because there is no one could avoid losses forever.
Loss is part of forex so you didn't need to avoid it but you could reduce it. It's bad if you are too much fear to open and close position.
You could be afraid to open or close position although your analysis was good.

[dmambi]

Honestly speaking i don't know how Fear of loosing money helps us to avoid loss, instead it makes us not to do trading resulting in loss sometimes where good opportunity for profit exist. Also due to fear we may close the winning trade and loose the opportunity to make more out of it.

[patil]

Yes it is called allowing to emotions to influence your trading decisions. In such a case, what you are supposed to do is two things. You can either hedge the position, or you can just look at the trade again and do a quick analysis to determine if the trade can come back to profit or not. You can do this kind of analysis effectively is you understand both fundamental and technical analysis.

[bambang]

Fear can make a trader to be careful and not careless. Although it's risky, it's still profitable.Though some people will back out after a loss, it is necessary that we find out where the flaw in our strategy is, correct it and then, trade on. I engage in forex primarily for the finances that come with it.

fear can arise because we are not confident. if we already have confidence we can control that fear. fear arises because we are not convinced by our own analysis, the fear will go away if we can believe the analysis we have made.

[chirayu]

It definitely takes an understanding of the forex market to be able to withstand some level of floating minus. The bigger the amount in the floating position (irrespective of the number of pips), the more scared the trader is. This is why you have to use small lot sizes when taking trades.

[ken arok]

Fear can make a trader to be careful and not careless. Although it's risky, it's still profitable.Though some people will back out after a loss, it is necessary that we find out where the flaw in our strategy is, correct it and then, trade on. I engage in forex primarily for the finances that come with it.

[chetan]

Right, fear is just ok upto a particular level. Agar fear nahi ho ga tu hum apni position main SL ko nahi use kren gy jis ki waja sy hum apni sari investment lose kr sakty hen aur fear ki waja sy he hum TP b use krty hen apny profit ko lock krny k lye.

[joko]

always stay away from fear because fear is very harmful for trading . it can shortout your profits in forex. and due to fear only many traders loss their account and it is well said in hindi that " jo dar gaya wo mar gaya". so avoid fear in your trading

I don't think so. Fear is not harmful if you had risk management to prevent big losses or margin call in single transaction.
It will be more harmful if you're fear to open position because you won't get any experiences about how to trade well
in the market.

[tajdarbet]

I thought for the moment while ago when I was having serious loss in my trade. I was really not sure of my trade but also I made transactions, and in the end I ended up with loss. Then I thought that I was really afraid while making that trade. My fear was telling me to not to trade. But I ignored my fear and look what I got. I got loss. If I had listened to my fear, I would still be happy with my money.

Does anyone has suffered this type of dilemma? I really think sometimes our fear can save us from the loss. Is it right or it's just my mentality after the loss?

han kisi had tak app ki bat thik ha fear kisi had tak app ko loss se bachatey ha kioun app fear ka shikar ho k kuch time k liye market se door ho jatey hane or woh time jo hota ha woh app k liye market main bura time hota ha es liye app loss se bach jatey ho or ye sab fear ki waja se he ha

[sachin]

always stay away from fear because fear is very harmful for trading . it can shortout your profits in forex. and due to fear only many traders loss their account and it is well said in hindi that " jo dar gaya wo mar gaya". so avoid fear in your trading