Ways to Overcome Fear on Forex

Re: Ways to Overcome Fear on Forex

ariezz

• Hero Member
• 
• 
• Posts: 1049
• Points: 5674
• Likes Received: 111
• Reputation: +4/-0

overcoming fear when trading is a classic problem that traders often face, traders only need to control themselves so that fear does not arise and increase self-confidence.

#16 - November 05, 2020, 04:51:16 PM

Re: Ways to Overcome Fear on Forex

Tahajud

• QS 94 : 5-6

• Hero Member
• 
• 
• Posts: 1255
• Points: 112
• Likes Received: 175
• Reputation: +70/-0

Actually, if we have a good system, have a good trading plan, have good trading rules and have good money management, we shouldn't be afraid to face the market.

#17 - November 05, 2020, 09:58:02 PM

Re: Ways to Overcome Fear on Forex

Mochira

• Sr. Member
• 
• Posts: 444
• Points: 0
• Likes Received: 31
• Reputation: +2/-0

The fear of losing money is natural for the forex trading business, the way to overcome it is by strengthening mentally, it can be gained from experience.
And one more thing that is the key to calmness in facing forex risk with risk management, so that risks are known from the start of trading.

#18 - November 09, 2020, 02:39:31 AM

Re: Ways to Overcome Fear on Forex

senja21

• Jr. Member
• 
• Posts: 98
• Points: 55553
• Likes Received: 7
• Reputation: +0/-0

Quote from: Mochira on November 09, 2020, 02:39:31 AM

The fear of losing money is natural for the forex trading business, the way to overcome it is by strengthening mentally, it can be gained from experience.
And one more thing that is the key to calmness in facing forex risk with risk management, so that risks are known from the start of trading.

reduce fear in my opinion by knowing a good strategy, because if you are mentally good but you don't have knowledge in trading on forex it is the same 0

#19 - November 09, 2020, 03:15:04 AM

Re: Ways to Overcome Fear on Forex

Antonio

• Hero Member
• 
• 
• Posts: 850
• Points: 0
• Likes Received: 97
• Reputation: +2/-2

With the ability, knowledge, mentality, and trading strategies that can reduce or even eliminate fear in forex.
The point is we have to be careful and know everything about this forex.

#20 - November 09, 2020, 05:28:23 AM

Re: Ways to Overcome Fear on Forex

Widiaty Syahnazia

• Hero Member
• 
• Posts: 628
• Points: 0
• Likes Received: 59
• Reputation: +1/-1

Before starting trading, beginners should be equipped with a lot of basic knowledge and skills as capital so they don't feel surprised when they enter the market. 
at the beginning of trading you will feel afraid to lose but with sufficient knowledge, beginners will be able to overcome this mental pressure.

#21 - November 10, 2020, 01:49:14 AM

Re: Ways to Overcome Fear on Forex

Trader Hijrah

• Hero Member
• 
• 
• Posts: 1309
• Points: 1095
• Likes Received: 11
• Reputation: +0/-7

It is only natural that as humans we have fear, but what we have to adjust is the level of fear so that it doesn't disturb us. And how to control it for me is a matter of experience, the more experience we have in trading, the more we can control that fear

#22 - November 10, 2020, 10:42:20 PM

Re: Ways to Overcome Fear on Forex

Miracle Fx

• Hero Member
• 
• 
• Posts: 524
• Points: 0
• Likes Received: 65
• Reputation: +2/-0

Fear of lack of knowledge / light.
we will be afraid of the dark but if there is a light the fear can disappear.
Trading knowledge can be a light to eliminate fear in forex trading.

#23 - November 11, 2020, 04:57:18 AM

Re: Ways to Overcome Fear on Forex

TechnoPips

• Sr. Member
• 
• Posts: 436
• Points: 0
• Likes Received: 53
• Reputation: +2/-0

Overcome the fear of trading, start creating a trading strategy consisting of money management, analysis and target determination. 
That way, slowly the fear will disappear because everything has been prepared.

#24 - November 11, 2020, 09:55:38 AM

Re: Ways to Overcome Fear on Forex

senja21

• Jr. Member
• 
• Posts: 98
• Points: 55553
• Likes Received: 7
• Reputation: +0/-0

Quote from: TechnoPips on November 11, 2020, 09:55:38 AM

Overcome the fear of trading, start creating a trading strategy consisting of money management, analysis and target determination.
That way, slowly the fear will disappear because everything has been prepared.

indeed a trader must have a plan, so that when trading he knows how to proceed, so that fear will disappear by itself

#25 - November 11, 2020, 12:54:09 PM

Re: Ways to Overcome Fear on Forex

Rizky_Rizal46

• Sr. Member
• 
• Posts: 433
• Points: 69385
• Likes Received: 8
• Reputation: +0/-0

fear is a form of psychology that needs to be controlled because if a trader has fear when trading it will interfere with his mind and also focus on trading.

#26 - November 11, 2020, 03:46:25 PM

Re: Ways to Overcome Fear on Forex

Muh0340

• Sr. Member
• 
• Posts: 449
• Points: 45319
• Likes Received: 14
• Reputation: +1/-0

fear should not be used as an obstacle because we have to move forward without hesitation so that we must be able to overcome fear properly so as not to interfere with our trading activities.

#27 - November 11, 2020, 03:59:25 PM

Re: Ways to Overcome Fear on Forex

miqbal79

• Sr. Member
• 
• Posts: 448
• Points: 104137
• Likes Received: 12
• Reputation: +1/-0

the way to overcome fear if my version is to instill a strong mental and belief in ourselves when trading.

#28 - November 11, 2020, 04:22:34 PM

Re: Ways to Overcome Fear on Forex

Kapoor

• Sr. Member
• 
• Posts: 410
• Points: 46229
• Likes Received: 7
• Reputation: +3/-0

Overcoming fear must start from within because fear will disappear if we believe and we are aware of the importance of risk management. fear arises as a reaction to an uncontrolled psychology.

#29 - November 12, 2020, 01:45:09 AM

Re: Ways to Overcome Fear on Forex

Libra

• Sr. Member
• 
• 
• Posts: 452
• Points: 2273
• Likes Received: 13
• Reputation: +0/-0

if we are aware of the importance of psychological control we will certainly be able to overcome fear easily because fear is a weak mentality.

#30 - November 12, 2020, 02:09:02 AM