Post
Topic
Board Trading Discussion
Re: The 4 trading fears and how to overcome them
by
EdenHazard
on 06/02/2023, 23:11:56 UTC
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.
Yes, your suggestions to overcome all types of fear are sounding like a complete and practical ones for all beginners in crypto trading. In my experiences, if you want to trade confidently then you must need enough experiences and if you are really have seen similar market scenarios previously then you will never get afraid of it and can easily find right timing for good profits. It means knowledge and experiences are playing good role in overcoming fear factors.

Moreover, automate the trading process is kind of engaging bot to trading might be working only for few market conditions as one trading strategy cannot cover all different market conditions. I agree botting will help to overcome the fear but may not remain profitable through out years.
Pretty simple , just manage all of those fears...

And convert it to profit , step by step .. you might find yourself in the right direction , just face every obstacle and find a way , being incorrect predicting is just normal .. the one that not normal is when you do incorrect predicted multiple times and you learn nothing , that's the start of the problem.