geopolisch
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January 14, 2017, 07:20:23 PM Last edit: January 14, 2017, 08:11:56 PM by geopolisch |
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To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Yes when we are start accepting the reality of trading like "losses also a part of trading" then there will be no room for fear of losses while trading. Being over-cautious sometimes lead to many frustrations as you will not be ready to accept any minor loss too, that may lead to big losses sometimes. Fear of loss could be overcome along with experience for any trader's case.
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markyminer
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January 14, 2017, 07:37:06 PM |
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Yes, without any risks you also will not make any money, its as simple as that, you need to take some risks sometimes to get that money.
You're right if you really want to earn in trading you must overcome all of your fear. It's normal you have fear of losing all of your funds but just like what OP say you will need to face your fear just like in gambling bet what you can afford to lose. You will also need some strategies in trading You will not only need strategies on trading but a knowledge and skills in able to be profitable and yes fear of lossing money is everywhere anytime you get or pick money on your pocket or wallet and most people do really feel this kind of emotion and its really normal because money is valuable for us thats why we are afraid to lose it but we should really face that fear in able to earn money. you can only overcome your fear if you have some good knowledge about trading and if you have some good experience and some skill in trading. therefore with good strategy to also need to overcome these factors and then you can really overcome fear in trading.
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wildworld
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January 14, 2017, 07:52:19 PM |
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with a good knowledge, experience and patience you have no fear in trading! a good trader you do not come in one year, it takes years. you should have no fear ... not in trading, not in Real Estate purchase, not in everyday life .... Overcome your fear ... You will feel better and make the right choices .. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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deadpoolx
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January 14, 2017, 10:36:30 PM |
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I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market.
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JC btc
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January 15, 2017, 12:20:07 AM |
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I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market. Great traders would also require aside from taking risk are discipline and hard work. Treat trading as your own business by doing research and planning all things before entering to it. There are certain principles that when you learn to follow it can greatly increase the chances that a trader will be successful.
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raven7886
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January 15, 2017, 03:15:05 PM |
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Yes, without any risks you also will not make any money, its as simple as that, you need to take some risks sometimes to get that money.
You're right if you really want to earn in trading you must overcome all of your fear. It's normal you have fear of losing all of your funds but just like what OP say you will need to face your fear just like in gambling bet what you can afford to lose. You will also need some strategies in trading You will not only need strategies on trading but a knowledge and skills in able to be profitable and yes fear of lossing money is everywhere anytime you get or pick money on your pocket or wallet and most people do really feel this kind of emotion and its really normal because money is valuable for us thats why we are afraid to lose it but we should really face that fear in able to earn money. you can only overcome your fear if you have some good knowledge about trading and if you have some good experience and some skill in trading. therefore with good strategy to also need to overcome these factors and then you can really overcome fear in trading. Yes, overcoming your fear of losing money when it comes to trading is possible only when you are being courage enough and try for yourself, it does not matter how much guides you look up or how much time you spend trying to find a good strategy, you have to experience it on your own in order to develop you experience and come up with a good strategy that suits you.
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Fredomago
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January 15, 2017, 03:25:34 PM |
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I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market. Great traders would also require aside from taking risk are discipline and hard work. Treat trading as your own business by doing research and planning all things before entering to it. There are certain principles that when you learn to follow it can greatly increase the chances that a trader will be successful. well said mate, if you care about your investment you will do everything to make sure that you will be able to get deep understanding on how you can possibly earn and gain good profits, the more you understand the more chances of gaining good profits, letting go of your fear by doing your research will help you a lot in this business.
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densuj
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January 15, 2017, 03:35:14 PM |
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Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
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sabbirshm
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January 15, 2017, 03:44:02 PM |
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Trading is always risky we can't avoid that.Everyone is doubtful whether he could get success or lose.But we have to take risk and go for investment.Otherwise we can't be succeed .We should overcome fear of losing money to be succeded. Those who are fear of losing money they hardly get profit from trading.
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cellard
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January 15, 2017, 06:40:29 PM |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like something a scammer would say after a successful scam. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) But he is right, in a way. If you are scared of lossing your money, means you didn't research enought what you are getting into. If you researched and you know what you are doing, then it all comes down to luck and you can't control luck, you should feel confident that you did your homework. So don't buy any random shit in hopes it will pump, buy something that's decent. The problem is, there are no decent altcoins left that you could buy for really cheap with realistic chances of x10 your money.
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bravehearth0319
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January 16, 2017, 05:59:27 AM |
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You have said it all. Forex trading has two approaches, because you can decide to trading it as a gambling or as a business. If you want to trade it as a business then you need to remove fears and bad emotions from it and the only way you can do that is by treat losing as part of trading.
This is exactly definitely a good advice that I read, in fact, once you really afraid or doubtful into it, I guess better not to continue to invest something so losing money will not push you to apply your bad emotion and fears. Because in trading fears and losing is really a twin of a traders.
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izanagi narukami
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January 16, 2017, 06:05:00 AM |
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Every job in this world have their own risk , even your life ( For example : for next second , you will never know that your siblings may got heart attack ) But we can minimize the risk by do some investment ( for example : invest on bitcoin about 10% from main salary every month ) Life goes on so we must move foward to the future , not the past !
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wilson_bitbybit
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January 16, 2017, 06:10:53 AM |
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Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
Sometimes this fear is normal, when it comes to a feeling that tries to prevent the user from making wrong moves, but sometimes this fear can be the result of the behavior of someone who does not want to take risks. The fear can also be an indication that there is something wrong in the individual's planning, which is something really important, as you yourself said.
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btcdiggingmaster
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January 16, 2017, 06:24:15 AM |
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I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market. Great traders would also require aside from taking risk are discipline and hard work. Treat trading as your own business by doing research and planning all things before entering to it. There are certain principles that when you learn to follow it can greatly increase the chances that a trader will be successful. well said mate, if you care about your investment you will do everything to make sure that you will be able to get deep understanding on how you can possibly earn and gain good profits, the more you understand the more chances of gaining good profits, letting go of your fear by doing your research will help you a lot in this business. It is good sign to develop research skills every time because without learning we cannot able to make profits in trading. Trading always need market analysis which will always drive him to make profits, without any analysis of market you cannot move forward ultimately you will afraid of inesting into trading.
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senyorito123
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January 16, 2017, 08:04:00 AM |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yeah it is, losing is part of a successful trading. No one here did not experience on losing, everyone here experience that and it is a normal thing. You are not in control on the dump and pump thing, if you lose on that make it a lesson and won't do it again. The best teacher for us trader is losing. If you didn't lose anything then you are not an experience trader i think.
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target
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January 16, 2017, 08:51:35 AM |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
If you got the coins for free like airdrop, you shouldn't be afraid to trade or even play the coins on DICE like on yobit. But if you worked for those coins like participating on signature campaign, it would really be hard for you to trade so you wanna make sure you trade well that you profit every time you convert to BTC. I have my fears still even when I profited after trading because for all we know the next day btc value can drop.
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lol3c
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January 16, 2017, 08:58:37 AM |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
If you got the coins for free like airdrop, you shouldn't be afraid to trade or even play the coins on DICE like on yobit. But if you worked for those coins like participating on signature campaign, it would really be hard for you to trade so you wanna make sure you trade well that you profit every time you convert to BTC. I have my fears still even when I profited after trading because for all we know the next day btc value can drop. Even though we have free coin, we can still afraid of losing money because they are our money. It is a natural feeling of a human and we have to learn how to face with this feeling. As long as you know how to overcome it, you may win and earn some Bitcoin from trading platform. However, because it is a natural feeling, it is kind of an instinct which help us to continue living in this world and prevent us from destroying our own money
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densuj
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January 16, 2017, 06:39:42 PM |
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Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
Sometimes this fear is normal, when it comes to a feeling that tries to prevent the user from making wrong moves, but sometimes this fear can be the result of the behavior of someone who does not want to take risks. The fear can also be an indication that there is something wrong in the individual's planning, which is something really important, as you yourself said. Well do you can make it more clear? Because I don't understand your explaining about feel fear related with trading also i don't understand about your statement with as you yourself said because i didn't said something as you said and i think my opinion about fear and greed in trading are clear. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Carmen_Sandiego
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January 16, 2017, 11:45:13 PM |
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This is the most difficult part of trading and that is what is keeping a lot of people out of trading including myself because losing money is not something cool at all. But the real part of trading that I will want is that I don't want to start with losing, if I can start with winning then I can manage any loss that will arise afterwards. The right crypto to go with is now the problem even the bitcoin itself now deserves more attention.
I think most users who try to venture into this market, do this because they need a way to make money on a daily basis. The problem is that, it is not possible to make a profit in this market every day. Sometimes it takes weeks to appear the opportunity of a good trade, because there will not always be opportunities where the level of risk is acceptable for the reward potential. I think the hard part is to identify such opportunities when they appear, and avoid taking unnecessary risks.
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Botnake
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January 17, 2017, 07:27:45 AM |
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This is the most difficult part of trading and that is what is keeping a lot of people out of trading including myself because losing money is not something cool at all. But the real part of trading that I will want is that I don't want to start with losing, if I can start with winning then I can manage any loss that will arise afterwards. The right crypto to go with is now the problem even the bitcoin itself now deserves more attention.
I think most users who try to venture into this market, do this because they need a way to make money on a daily basis. The problem is that, it is not possible to make a profit in this market every day. Sometimes it takes weeks to appear the opportunity of a good trade, because there will not always be opportunities where the level of risk is acceptable for the reward potential. I think the hard part is to identify such opportunities when they appear, and avoid taking unnecessary risks. The fear of losing is normal but you will not be comfortable when you are taking risk when you cannot afford the amount you use. Our chance to be profitable is when we make the right decision that coincides with the outcome of what we are venturing. Most of us are traders here and we understand that not all time we can predict the right price movement, but with continues study we will surely improve.
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