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Author Topic: you need to overcome your fear of losing money  (Read 52317 times)
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December 22, 2016, 01:54:50 PM
 #161

Very true, because how would you know that you are going to be successful if you are not going to try to be one?, how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen, maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.

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December 22, 2016, 03:35:09 PM
 #162

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.
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December 22, 2016, 03:43:57 PM
 #163

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.

I think trading in small capital has impact, but researching and studying the flow of trades/investment is more likely have a better impact because with this method, we are mitigating risk factor.  It is the risk that gives fear so directing risk factor and omitting it will more likely give us confident over our investments or trading.




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December 22, 2016, 06:20:32 PM
 #164

to overcome is to learn from your past experienced. It is easy to us to act or to move for the better. Loser was also a good trader, maybe you're pointing out was slightly true but we can considered it as our failure. Learning from the past is to prevent to have a failure or to lose again. My classmate lose his bitcoin, and now he knows what to do in his next step.  

Well we aren't going to be a good trader if we will not experience and suffer lose. And yes, because of our experiences that is teaching us on how to be better.

I've been trading for a longer time already but at first I was thinking and I am very afraid to lose.

But when I realize on how the market moves and lose is just normal. So if you are good enough you just need to face it and do better for the next trade.

We are all afraid of losing and sometimes it hinders us to take on new opportunities so it is better to get rid of it?

Now how? In any kind of situations not just trading but like public speaking or taking exams we don't feel scared if

we are confident enough. So just build your confidence in yourself and it will be useful not just in trading but from

anything you do. The best way is to not praise yourself but to take effort. For example when taking test, we feel

confident that we will pass the test when we review and study enough. The same also applies to trading if we

analyze and make a well thought plan then we will feel confident about it.
Taking an exam and doing trading is a different thing since we know that taking exams is quiet bit easy since we could able to study the possible answers that would be putted on the test paper unlike on doing forex which everyday prices are random and move in different ways which we could not make any studies out of it but there are really ways that we could able to overcome it.

Yes it is different. It is just an analogy where you compare a two different thing that are alike in some aspect to

further give an understanding of something. And not all exams are easy, some requires not just memorization

but analyzing also. Of course there is also some studying involved in forex trading, You need a lot of knowledge

for you to be able to increase your chances of successful trading.

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December 23, 2016, 05:53:39 AM
 #165

to overcome is to learn from your past experienced. It is easy to us to act or to move for the better. Loser was also a good trader, maybe you're pointing out was slightly true but we can considered it as our failure. Learning from the past is to prevent to have a failure or to lose again. My classmate lose his bitcoin, and now he knows what to do in his next step.  

Well we aren't going to be a good trader if we will not experience and suffer lose. And yes, because of our experiences that is teaching us on how to be better.

I've been trading for a longer time already but at first I was thinking and I am very afraid to lose.

But when I realize on how the market moves and lose is just normal. So if you are good enough you just need to face it and do better for the next trade.

We are all afraid of losing and sometimes it hinders us to take on new opportunities so it is better to get rid of it?

Now how? In any kind of situations not just trading but like public speaking or taking exams we don't feel scared if

we are confident enough. So just build your confidence in yourself and it will be useful not just in trading but from

anything you do. The best way is to not praise yourself but to take effort. For example when taking test, we feel

confident that we will pass the test when we review and study enough. The same also applies to trading if we

analyze and make a well thought plan then we will feel confident about it.

But we are certainly talking about trading and including real trading into school academics is totally different in situation and in place. And making it as an example is totally different.

What we just need is that we must to be familiar on how the market moves and you have the guts to afford any amount to lose in every trade that you make.

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December 23, 2016, 06:04:46 AM
 #166

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.

Some people thinks that succesful traders today doesn't experiencing any losses now which is not true.

It's impossible that no loss will be encountered by them, it's just minimized and overall stats are dominated mostly by winning actions. Since lossing experiences plays a good role in building good trades, future actions are also enhanced because of that loss resulting for a good output in a long term of trading. That's how playing with the price volatility works in most of the traders.
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December 23, 2016, 01:40:38 PM
 #167

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.

Some people thinks that succesful traders today doesn't experiencing any losses now which is not true.

It's impossible that no loss will be encountered by them, it's just minimized and overall stats are dominated mostly by winning actions. Since lossing experiences plays a good role in building good trades, future actions are also enhanced because of that loss resulting for a good output in a long term of trading. That's how playing with the price volatility works in most of the traders.

These so-called traders don't just buy coins and then sell it later for a higher price. They also join altcoin signature campaigns and other bounties to get some coins to trade. There's no loss on that.

But when buying and selling coins you will usually encounter loss from time to time. These traders did not mean for you to only see the highlights and the profits that they've made during their journey.
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December 23, 2016, 09:48:46 PM
 #168

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.
It depends if you'd apply the same strategy when trading with small or large capital.
Most people would act differently when they go from trading with a small bankroll to trading with a large one, it's something to keep in mind.


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December 24, 2016, 06:17:22 AM
 #169

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

You have a point in that matter dude, though behind your question is a kind of gambling philosophy.  According to the well experienced trader in bitcoin exchange platform is that the more you loose in trading is the more you learn form it. And through loosing it you become more sharpen as a trader.

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December 24, 2016, 06:30:48 PM
 #170

Very true, because how would you know that you are going to be successful if you are not going to try to be one?, how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen, maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.
yes that is true if you really want to make money then you must have to overcome your fear and take part in active trading, as winning ans loosing is the part of trading, therefore you should always make your self ready for loosing money, and then you should not stop but continue your struggle as you will not lose for every time.

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December 25, 2016, 05:43:50 PM
 #171

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.

Trading with small capital may help to eliminate the fear of losing money.

I think trading in small capital has impact, but researching and studying the flow of trades/investment is more likely have a better impact because with this method, we are mitigating risk factor.  It is the risk that gives fear so directing risk factor and omitting it will more likely give us confident over our investments or trading.
in fact have good information, experience and skill can minimize your fear, i think for successful trading or investment you need a good study about where you are going to invest your money.

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December 25, 2016, 11:48:15 PM
 #172

loss is not a loss if it is not fixed, and you can just have to buy more positions and dilute its average, and play lossless
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December 27, 2016, 04:13:18 PM
 #173

Very true, because how would you know that you are going to be successful if you are not going to try to be one?,
how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen,
maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.

Yes, this is very true statement, How could you know if you do not try, risking is the key of the success in every business we have in real life, we cannot keep the fact that we need to risk something to know if we gonna excel on particular field that we are into.

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dmamigo
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December 27, 2016, 06:04:43 PM
 #174

Very true, because how would you know that you are going to be successful if you are not going to try to be one?, how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen, maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.
yes that is true if you really want to make money then you must have to overcome your fear and take part in active trading, as winning ans loosing is the part of trading, therefore you should always make your self ready for loosing money, and then you should not stop but continue your struggle as you will not lose for every time.

Yes, its highly mandatory to leave behind your fear of loosing and activity in trading and also to various information related places to gain knowledge. Some times you Win and sometimes loose, but when you loose you learn many things. And also Trade with money which you can afford to loose.


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December 27, 2016, 06:09:46 PM
 #175

Trading is not a game, it is a continuous learning, analyzing and guessing.
Losing money is part of everyday life, and as much as we wanted not to lose a penny, that is impossible.

Money lost can be your,
1. Potential earnings.
2. Money at hand.

So think of it, life cannot be just gain.

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December 27, 2016, 06:12:46 PM
 #176

Trading is not a game, it is a continuous learning, analyzing and guessing.
Losing money is part of everyday life, and as much as we wanted not to lose a penny, that is impossible.
Well all people or tradrers honestly experience that they are losing their investment but it is a part to become professional..
OR learn what you did before and correctly fix it in the present.. So experience is very important if you are not losing without lose before it is impossible like you said

Mining is life
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December 27, 2016, 06:22:05 PM
 #177

Very true, because how would you know that you are going to be successful if you are not going to try to be one?,
how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen,
maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.

Yes, this is very true statement, How could you know if you do not try, risking is the key of the success in every business we have in real life, we cannot keep the fact that we need to risk something to know if we gonna excel on particular field that we are into.


But before taking that risk in any kinds of investment, of course in the first place make sure that it is worth to try. Investment is not all about suicidal and taking all the risk.

Make sure you well known what investment people are going to entered with not just because they saw others got profit from it. No risk No gain but how come you are just playing with the obvious risk and not with unexpected risks.

Learn to minimize the risks rather than just taking all of it.
MWesterweele
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December 27, 2016, 07:20:33 PM
 #178

Very true, because how would you know that you are going to be successful if you are not going to try to be one?,
how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen,
maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.

Yes, this is very true statement, How could you know if you do not try, risking is the key of the success in every business we have in real life, we cannot keep the fact that we need to risk something to know if we gonna excel on particular field that we are into.


But before taking that risk in any kinds of investment, of course in the first place make sure that it is worth to try. Investment is not all about suicidal and taking all the risk.

Make sure you well known what investment people are going to entered with not just because they saw others got profit from it. No risk No gain but how come you are just playing with the obvious risk and not with unexpected risks.

Learn to minimize the risks rather than just taking all of it.

Very well said. Networking has been viral in the Philippines and these are their agenda,

Quote

1. Potential earnings.
2. Money at hand.


Affiliate-commission, their products, and all the flowery words they will tell you. Well I think I have taken enough risk I told myself but swallowed it all when I first tried doing trade in ALTCoins.

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December 27, 2016, 07:37:23 PM
 #179


Its not about losing that you get to learn to trade though.  A lot of traders are more of a fudster, they fud around, buy after people dumped and sell when price rise. Thats a simple technique i almost see in every ico thread, i don't see any loss to such traders sucessful attempts.

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December 27, 2016, 09:12:23 PM
 #180

Don't double-down if you lose. Many traders make that mistake and dig themselves deeper into a hole.  Keep following your trading strategy and if it's a good one you will come out ahead even with losses.
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