Forex Zone - Forex Forum

Ways to Overcome Fear on Forex

Discussion started on General Forex Discussion

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
In Forex trading, not all traders can achieve the expected profit. In fact, many of them end up in a loss or bankrupt position. So it is not surprising, if many traders decide not to continue trading, because of trauma or having made a mistake which according to him, is very fatal. In fact, just thinking like that, everything about Forex will be a negative thing. 
Beginner or new traders in Forex trading feel frightened when they see changing market prices against their trading transactions. The inability of this novice trader to decide whether to continue or close is one reason why traders experience trading failures. 

1. Immerse in yourself, that trade is a brilliant idea to get abundant profits. 2. Also instill the thought that the fear you suffer is only a past that does not need to be brought up again. What's more, if we think about eliminating fear by knowing the exact price movements. This is incorrect thinking. Because there is no one person or tool who knows exactly what prices will occur in the market. 
3. Also instill in yourself, that risks in trading will always be there. If a trader still cannot understand the risks of trading throughout the trades he does, it is certain, forever the trader will not succeed in trading.

Linkback: https://www.forex.zone/general-forex-discussion/1/ways-to-overcome-fear-on-forex/2196/
#1 - July 04, 2019, 10:48:03 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Fear is about psychology trading, this is included as human nature, but over fear also will disturbing overall plan trading, how to overcome fear in trading, which usually feeling of fear due they don't want to lose money, only with good mindset hence fear will be eliminated
#2 - July 05, 2019, 01:55:18 PM

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
the name trade must have a profit and loss, fear of loss must exist. how to overcome it think positively and be sure of yourself
right, bro, but thinking alone is not enough to need knowledge, more or less like my discussion above.
#3 - July 05, 2019, 03:09:00 PM

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
the best way to overcome fear is to not always think negatively about the market, always think of losses and always feel that it can also hinder psychology to move. My advice is to learn first on the demo so that your heart and mind are calm, don't imitate other people's trading styles, make your own trading plan and don't always be jealous of the results of other people, essentially self-confidence and always believe you can
#4 - July 07, 2019, 06:46:17 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
fear when trading is a natural thing but we must overcome it by learning psychology and practicing our mental trading.
#5 - July 08, 2019, 03:03:17 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Overcoming fear in trading cannot be done if we do not have strong mentality.
#6 - July 08, 2019, 03:18:05 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
overcoming fear when trading or when making transactions is one good way of controlling psychology.
#7 - July 08, 2019, 03:58:54 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
fear is a human thing and everyone has fear but fear must be overcome so as not to interfere with our trading process.
#8 - July 08, 2019, 04:03:02 PM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

this fear and greed in trading must have experienced or even felt even though it was seasoned or novice. fear fear is usually appear when we are floting big, or are looking at the fast pace of the market ,. and for greed or greedy we usually experience when we are getting a lot of profit, and to overcome this I think it's simple, we have to be brave enough to make choices or decisions. if you don't dare to make a decision it will be very difficult to get out of this zone
#9 - July 08, 2019, 10:51:14 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
The way to overcome fear is to add confidence.
#10 - July 27, 2019, 02:49:51 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
fear when the transaction is indeed caused because we lack confidence.
#11 - July 27, 2019, 03:09:01 AM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
actually fear is a reflection of ourselves in the form of weakness that we should be able to conquer. We need to get rid of fear because in trading fear will interfere.
#12 - November 05, 2020, 05:27:27 AM

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
the way to overcome fear when trading on forex is by continuing to learn and learn, as experience increases and hours of flying, fear will gradually disappear.
#13 - November 05, 2020, 05:44:17 AM

  • Sr. Member
  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
If you are still afraid to make transactions, you should adjust the number of lots traded, that will help.
#14 - November 05, 2020, 11:27:40 AM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
fear is actually one of the basic human traits of what he thinks is foreign, but we can reduce or manage fear properly so as not to interfere with our trading activities.
#15 - November 05, 2020, 12:46:38 PM

Members:

0 Members and 1 Guest are viewing this topic.