Post
Topic
Board Trading Discussion
Re: How to overcome the fear of holding?
by
riderinred
on 05/04/2018, 19:23:48 UTC
I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.

How do you traders do it, hold and hold and hold. Waiting around for more and more money?
how to overcome the fear of handling? You just want to think that you can and just trust yourself and your fears will go away because of your confidence in yourself. always trust to yourself
Hard to trust in ourself when we see our balance keep falling and falling. If you want to trust yourself, you need to prove that you are good in trading and good in analyzing things.

Deep down I am very stubborn. So this is what works for me:
If I sell now, I accept a loss of X%. I will give in, admit that this trade was wrong AND lose money.
As I am stubborn I hate giving in and admitting that I am wrong.
Everybody in their right minds hates losing money.

This way my hands are like an army of 3k instead of 300 Spartans.

It does not make my calls better, but hell no I am not gonna sell for a big loss.