Re: The Fear Factor and waiting in trading, advantages and disadvantages
I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.
So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha
. Yes you are permitted to fear.
I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.
The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.
I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.
We have the fear operating in both advantage or disadvantage to your trade.
So how has fear and waiting impacted negatively or positively to your trading experience?
Speaking about fear, then this is something which is really that a very normal emotion or feeling that you will really be able to acquire at the moment that you are dealing up into something which does involves out money and the possibility of losing it, then you will really be indeed having that kind of hesitation that you will really be able to feel out along the way on the moment that you would really be that deciding on taking up decisions whether you would really be that making an entry or would be waiting up for some time?. Fear is something which is really that normal since we are just human beings and we can be able to feel out that kind of hesitation of fear because we do know that money is valuable and we wont really be liking on losing it out.So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha
. Yes you are permitted to fear.I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.
The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.
I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.
We have the fear operating in both advantage or disadvantage to your trade.
So how has fear and waiting impacted negatively or positively to your trading experience?
How does fear affect negatively? This will pertain into those missed up opportunities on which you have hesitated on taking up some action because you are afraid
on which this causes up for you to have such hesitation and there are many times that people or traders will really be experiencing this. If we do speak about the positive effects too on which there are moments that we do made out some hesitation because of some gut feeling that the trade wont be good and ending up that it was a right call because you didnt push through on making a decision on making a trade which saves you up on losing money.