Post
Topic
Board Trading Discussion
Re: The 4 trading fears and how to overcome them
by
AmoreJaz
on 05/02/2023, 23:07:21 UTC
The four main fears that traders face can have a significant impact on our success in the markets. However, with the right approach and mindset, these fears can be overcome and transformed into positive drivers for our trading.

By managing risks, having a clear exit strategy, and avoiding the temptation of FOMO, traders can overcome their fears and become successful. By embracing these fears, traders can make informed decisions, capitalize on opportunities and achieve their trading goals.

I believe fear is something we can overcome by learning and enhancing our experience about the thing we fear of. There is a wisdom in our culture that says: "man is an enemy to what he's ignorant of". That means the more you learn, the more you can control your emotions and overcome the baddest of them. In trading, the more you trade (or the longer you stay in the market for investors), the more you can control your fears, because in that case, you have experienced all types of feelings and connected it with an event, which will help you later to deal better with the same event, and as we know every market follows a repeated path of bull and bear phases.

what more can i say. you will only feel fear if you have no certainty on what you are doing. the more knowledge you have in this market, the less fear you will feel instead you will feel you are ready to any battle you will encounter of.