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Are you afraid to lose your trade?
Member Since Jun 16, 2020
35 posts
Aug 04, 2021 at 16:06
Member Since Apr 27, 2019
22 posts
To my mind, if a person has decided to become a trader then he/she must forget about such a feeling like 'fear' in relation to losses. Every trader must know that losses are th biggest part of experience and trading activity at all. Of course it will be tough to worry about first losses, but then he/she will used to them. I suppose that losses should be taken for granted because after string of losses there will be a string of wins and only then a trader understand the significance of losses in trading activity.
Aug 04, 2021 at 19:49
Member Since Apr 28, 2020
18 posts
Not only am I afraid of losing my trades, but I am also afraid of being wrong. Perhaps, that is because of the fact that I am too arrogant and don't want to be mistaken, but every time I am wrong (that implies losses because of my mistakes but not because of accidental fluctuations), I feel extremely stupid and downcast. I also don't like losing the money but I realise that losses are alright for trading and the fact that I hedge the risks, saves my deposit from destruction.
Aug 04, 2021 at 23:41
Member Since Apr 03, 2021
470 posts
Experience will bring you in usual feeling when getting loss, different for the beginner trader, they may be still facing fear, anxiety when seeing their trades on loss floating, they hope the price will bounce and get to ride on the track to profit, experience trader usually already prepare the risk included in the plan, so they not too much worried with the loss
Member Since May 27, 2021
64 posts
Member Since Jul 20, 2020
399 posts
Member Since Apr 09, 2019
538 posts
Member Since Aug 10, 2021
178 posts
Oct 01, 2021 at 01:20
Member Since Aug 10, 2021
178 posts
People who are fearful of loss and are unprepared for the risk that comes with this business should simply stay away from it. Otherwise, they will be threatened by this market from time to time. In reality, this business is made for those who are looking for big rewards, but also prepared to take on lots of risk.
Member Since Jun 07, 2021
72 posts
Member Since Apr 09, 2019
538 posts
Member Since Dec 05, 2020
11 posts
Oct 06, 2021 at 20:11
Member Since Dec 05, 2020
11 posts
I wouldn't call this feeling fear. Surely, I don't want to lose the money, but I am ready to lose them before opening a deal. I know that every deal is a potential loss, so these risks are predictable and I am always prepared for them.
Member Since Apr 21, 2021
12 posts
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