How To Remove Fear in Your Trading?

[moonchild]

We all have our fears, even though some have done some internal work and have reconcile with their fears, for many of us we are still wired the same way our ancestors are, we react to life in the same way, it is no different in trading too where you have to do the opposite to be able to succeed in the markets.

To fight your fears in trading you have to address them, write them down in n a sheet of paper and search online on how to solve that particular problem you'll get some bunch of suggestions, try them out and do the same for all of them till they are reconciled.

Example: Fear of taking a loss, go on Google and type it out, read some suggestions and integrate into your learning till you've eradicate the fear.

 

[btaliat]

The less fear that we embark on, the lesser the chance of making money with it. In order to avoid this, we need to make sure that we have mentors that will be guiding us and ensure that we don't take any wrong step at all.

Apart from this, we need to ensure that we have some demo account that will shape our level of trading. This will help us to make much money while trading and prevent us from displaying undue fear while we are trading.

 

[Suba]

Fear in trading is something natural that will happen to every trader, especially beginners. It seems that fear cannot be eliminated to zero, but at least there are several efforts to reduce fear, such as we must be aware that trading has a risk of loss so we should not immediately trade with large capital. , it's best to start with small capital, and we also have to consider that defeat is a cost of learning so we have to let it go. Making a trading plan will also reduce fear, and practicing a lot will also improve your mentality so that you become accustomed to it and your fear will automatically decrease.