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Author Topic: you need to overcome your fear of losing money  (Read 41991 times)
daringdiscovered
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October 06, 2017, 03:41:30 AM
 #761

If there are people out there fear trading, then they need to get out. That will always end in rash and irresponsible trades that much the market.

Rumors are the fuel that run the fear markets and that creates too much volatility and gives too much power to straight market manipulation.

You do have a point, but if someone really wants to earn money, even though whatever way it is, he will never going to make some profits if he is not going to lose something, it is not having always in return, it is about learning how to esrn money surely and not always hesitating to do something since they are afraid they might failed.

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October 06, 2017, 01:26:29 PM
 #762

I think everyone needs to overcome the fear of losing money, because otherwise the person will never give up, so that person will get used to losing money. it's true that losing money is part of successful trading. If you treat the loss as part of trading then you are an experienced trader.
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October 06, 2017, 03:21:53 PM
 #763

Very good thinking.I appreciate you thinking about trading..Trading is all about patience. When you losing,you should not panic you have to wait for the right moment. If you panic you will lose too much and you feel boring about trading...

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October 06, 2017, 03:24:47 PM
 #764





This totally makes alot of sense.
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October 06, 2017, 04:26:19 PM
 #765

Losing is actually a necessary thing to learn, if you have not lost, you can not earn. At the beginning of every job, you should first try a small amount of money. Because you are inevitable to experience a loss of money, very small quantities of money should be tested.

Right. A person who's not willing to take risks in fear of losing won't actually go very far. As a lot of people would testify, losing teaches you more lessons than winning and these lessons are the ones that would help you become better in the long run
Yeah, losses will help us mature and improve ourselves more in the road ahead, if we are an investor or a trader, we need to be ready to face loss, this is a very normal thing, each time we lose is that each time we accumulate more experience, we will be more successful in the next trading. Trading is a real battle, fear can kill us, so we always need the calm and careful thought in every situation, the loss is not scary, the most frightening is that we collapse after the loss, we can not teach anyone how to overcome the fear of loss because the answer is in themselves

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October 06, 2017, 05:33:28 PM
 #766

this is really what we need to fight. Get off and cope with all cypto tests. so your earnings will be higher when trading bitcoins first pass.

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October 06, 2017, 11:10:27 PM
 #767

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

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October 06, 2017, 11:50:49 PM
 #768

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss

Right, we certainly have to overcome this fear because it is part of trading. Besides, failing sometimes could give us lessons which will be useful for us to grow us traders. If we choose to trade, we have to understand that there is already a risk the moment we decide to trade. Yeah many people are also saying that we should not consume all of the coins for trading especially if the price is very low. What I do at times like this is I divide the coins, I don't know if this will work for the others but it works for me.

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October 06, 2017, 11:59:22 PM
 #769

In any case, trading is a probability. You have to start trading with amounts that are not afraid to lose to emotion. After you tought you will increase the deposit together with skill.

When you trade crypto on spot market because of high volatility it is not a loss until you sold the asset.


This is in fact the basic rule of trading that you invest that much money that you can afford to lose. You cannot get any profit till the time you will not overcome this fear of losing your money. You need to be very much brave and strong in order to have more profit at the end. In the world of trading the first lesson that you have to learn is this that you need to be brave.


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October 07, 2017, 01:57:30 AM
 #770

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

This is true, i can guarantee that no trader was able to make 100% winning trade. Losing trade is always part of trading. Ideally trade what ever you are willing to lose but of course this is not that easy.  What i usually say to my friends is in trading is you need to have a winning trade percentage at least 60%(assuming you are trading the same amount every trade), to be profitable because losing trade is inevitable.


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October 07, 2017, 05:36:48 AM
 #771

I think everyone needs to overcome the fear of losing money, because otherwise the person will never give up, so that person will get used to losing money. it's true that losing money is part of successful trading. If you treat the loss as part of trading then you are an experienced trader.

As soon as you enter in trading industry you also embraces all the things that surrounds it.
Took all the consequences behind it and risk the things that you can and one of this is losing your money. Even a good and skillful trader once lose their money but accept and move on further. So when you lose your money just think it's okay and everyone here experience that so nothing to worry.
However, if you don't want to lose money then don't do trading because it's not for people who's not a risk taker.  

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October 07, 2017, 07:32:37 AM
 #772

Remember that a Business will never become a succesful without hardship and part of it is losing money, you have to take the risk your not alone in this matter.
You have to face the fact that its part of a business but experience wise you have to prevent losses before it affects your financial status.  In order to overcome this fear, you have to be prepare and have faith Smiley this might help, PLOC - planning, Leading, organizing and  Control .
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October 07, 2017, 10:04:25 AM
 #773

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss
I agree with you, we can't success if we don't know our mistakes and failure and it comes in losing. All losing will be the lesson and right our mistakes, experience is a big key to success. And those experince encounter losing/good result. The mistakes is in the starting after that you can get lot of knowledge that will use in making a decision, decision that will gives a sweet fruit.



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October 07, 2017, 10:15:34 AM
 #774

my advice deal only with the money you can afford to loose. For me not more then 10 per cent of my capital.
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October 07, 2017, 10:33:03 AM
 #775

A child never learns walking directly after reaching a particular age, but they learn it by trying. They start trying to walk, and they fail everytime they try at first, but at the end, they learn it and then they don't fall again. Trading is exactly like that. The losing part is the time when you are falling, and if you give up once you fall, you will never learn to walk, but you will only learn if you get up every time and try it again until you get to know it properly.



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planfox
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October 07, 2017, 10:51:20 AM
 #776

Of course, one must overcome the fear of loss in order to earn a lot of money. Fear of losing money will not allow you to earn something, but on the contrary can lead to losses.

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October 07, 2017, 10:58:42 AM
 #777

I agree losing is part of successful trading like professional traders experienced loses in the first time in trading but this trading is very risky you will always lose if you don't have a strategy in trading even professional traders can lose but they mostly win because they have strategy.

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October 07, 2017, 01:48:14 PM
 #778

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

True lossing is part of successful trading every investments have to face the risk of loosing not all investment earned profit others is at loss thats why i keep on my mind that i should not put all the eggs in one basket because it is too risky and if that investment fails our investment will at loss
I agree with you, we can't success if we don't know our mistakes and failure and it comes in losing. All losing will be the lesson and right our mistakes, experience is a big key to success. And those experince encounter losing/good result. The mistakes is in the starting after that you can get lot of knowledge that will use in making a decision, decision that will gives a sweet fruit.

and if we can learn from our mistake and we can prevent doing the samething in future, then our skill in trading will be grow too. if we are feel that we need to read other tutorial then we should read and learn more so in other chances, we can trading with good and finally we can make profit. but don't be too greedy for casing the profit because in the end we can not make a good profit. in trading we need to control our emotion too.

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October 07, 2017, 02:31:19 PM
 #779

"...come your fear of losing money"

The fear there is just a normal sensation,emotion or energy call it whatsoever, you like.

Fear itself is a normal sensation that sometimes send signal to the brain when you are trying to do something differently or try something new. This can be business,relationship..ecc  So, it's a normal sensation. in ortherwords, our brain mechanism is sending such signal because (BECAREFULL,BECAREFUL) we are about to try or do something which we are not used to.

As mention by one member, it's best to evaluate such fear & so that the next time you embark on setting a similar goal for yourself, the part of the brain that responsible for sending out this message will not trigger in such a high level

NOTE: Fear it's what determine our position in life (rich or poor) people have this in common but, successful people knows how to change their fear into fuel. Personally, i have lost money,waste my time countless number of time but, one thing is consistent with me. The desire to move ahead to accomplish more without languishing in defeat/fear of yesterday.[/glow]

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October 07, 2017, 02:37:50 PM
 #780

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

I do not call myself as a trader. I am doing trading, but I am new to this. So I am not yet an experienced trader. But I know this one. Losing is part of trading. Anyway, you cannot call it as a loss if you didn't sell it yet. So it is still an unrealized loss. So stay focus , do not panic. It is normal.

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