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Author Topic: you need to overcome your fear of losing money  (Read 52909 times)
Souldream
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January 05, 2018, 04:57:01 PM
 #1081

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I agree with you.
if a trader has such a mental then he is a professional trader.
Dare to lose money means Dare to take the decision to get big profits.

I overcame this problem by assuming that I will be the winner at the end. This concentrated me on my trading job and I'm stronger now. Without mental support, it's hard to handle this fear of losing money.
It is hard for us sometimes to accept that we are just gamble our money by trading. Yes i mean also trading as a gambling where we are taking the risks without any assurances that our money will get back profitable. And sometimes due to our failure we also get to the point where we are being afraid of losing our money which in the world of digital currency it is required that you must overcome your fear of losing money, and don't be afraid to play the game wisely and properly.
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Traslavin
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January 05, 2018, 04:59:05 PM
 #1082

It will be enough to buy bitcoin in 2013 to never be afraid of losing money, on the contrary, to be afraid to earn a lot haha
Well buying bitcoin way back where the digital currency were only new to world of digital of course if I am them I would also be afraid of trying to invest my savings and I guess the feeling of afraid of losing is already there since we are talking about money matters and since it is trading losing or winning is the two principle of trading. Thats why it is a must to overcome the feeling of losing.

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KesoNie
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January 05, 2018, 05:03:05 PM
 #1083

if you want to make profit, the first thing you have to face is losing your money. once you lose your money, you learn something, those lessons can be experiences which help you get money.
I believe that the one who is afraid of losing his money will always be unable to make anything fruitful in his life. There is no way that a coward man can make such a bold decisions of investing his money in any kind of investing. If you will fear of losing your money, then you will never be able to make profit by any kind of investment. You really need to be brave enough so that you can make the things happen according to your own desire.


I believe that really need to overcome your fear of losing money, why? Because in this kind of world where people are being a risk takers seeking for a good investments that they could use to get a high profit it is not quite far that you'll get loser even if your already joining in this kind of business. It is not far that your dreams that you've waited too long will not quite far but so far to achieve because of the fear you feel. So take my advice to relax and enjoy the game.
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January 07, 2018, 01:19:52 AM
 #1084

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

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.
anavir
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January 07, 2018, 02:28:05 AM
 #1085

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.

i agree..loses is a part of trading and through that experience you will learn on how to trade and how to deal with it..

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January 07, 2018, 11:29:39 AM
 #1086

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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January 07, 2018, 11:31:26 AM
 #1087

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

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.
When someone is ready to come and join this world, he or she must know some points, some facts and figures. And the most important two factors that I consider the most vital are, one is not to fear from losing money and second is that there must be some risk attach to everything coming in front of you. So take these both things with you and have a fantastic life ahead.
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January 08, 2018, 10:19:57 AM
 #1088

True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
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January 08, 2018, 10:30:17 AM
 #1089

No matter what in the world there is the risk of failure and you have experience as a failure to absorb good, in the virtual currency trading there are ebb and flow, a lot of people have cast high low buy psychology, but most people have no way to do this, the only can do is to keep a good mood, take your time!
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January 08, 2018, 11:47:06 AM
 #1090

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like a gambling philosophy, still could not ignore its meaning. One of the basic thumb rule of trading is we cannot prevent losses but we will be able to cut the losses early when it will be very small. Yes, losses also a part of trading.
Everything happen in this world has a reason. If you lose more money just think that it's just a money you can find it everywhere. Don't think to much. Just remember that you have a family who guided you and love you. Money you can find it if you work hard.
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January 08, 2018, 11:53:48 AM
 #1091

One of the things to do beside speculating and been influenced by all other factors that comes in to play of which you can not control when you are trading is to learn as much fundermental as possible. Been able to read and understand what the chart is saying will put you in most advantageous position and in that position, there is no fear!
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January 08, 2018, 11:54:12 AM
 #1092

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

That's true, losing is part of every business that you want to join, but it doesn't mean that if you loss once, you will give up already. Instead use it as a learning experience so that you will commit the same mistakes for the second time around.

if you learn from every mistake, that's not so bad indeed. Anyway, you have to be ready to lose when you trade but more importantly, you shouldn't trade with more that you can afford to lose.

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Kiweikoo
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January 10, 2018, 10:17:59 AM
 #1093

True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
You can only excel in your life if you manage to overcome this fear of losing money. It is a human physic that all of us do feel afraid of losing their own money but you need to make yourself understand this thing that if you will remain coward and keep having this fear of losing money in your mind, then you will never be able to get what all you dreamed for in your life. You need to be brave all the time.
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January 10, 2018, 11:20:12 AM
 #1094

For anyone, it is possible to lose money in any investment. The trader should understand the risk of the transaction and the profit and loss in the transaction is normal. But we can reduce our losses by completing our work to learn from the lessons learned in the selected trades,

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January 10, 2018, 11:28:20 AM
 #1095

True indeed. One needs to fail in every way and accept this failure until he will be able to master something. This goes for trading as well as for most aspects of life.
Very wise words my friend!  You have revealed the mystery of life and this world in a very precise yet meaningful manner. Fear is not the solution of anything. It actually worse the situation even further. However it is not possible for humans to never experience this feeling. The best way to cater it is to face it.There can be exceptions but I myself have many fears. I face them and conquer them.
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January 13, 2018, 03:16:37 PM
 #1096

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

Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification.

That's right. Losing is always a part of trade. No one is perfect, and no one has all the knowledge that would help them actually decide on which trades would actually work best. Losing, I think, can be seen as a good thing because it has a lot of potential to teach someone and give him or her good experience, which can help that person with his/her future dealings. As they say, "experience is the best teacher", and if you consider losing as an experience, then you could probably get a lot of good things from it even at the expense of some of your assets at times.

Without losing, i never see any business or trade. In trade we have lost our money, but it is by mistaken happened and also losses give us lesson and improve ourself in trade. But we should overcome our fear of losing money and it is happened when we have profit from trading then automatically we have overcome from our fear. 

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January 13, 2018, 03:22:10 PM
 #1097

yes absolutely.. all investors have that.. that's what they call risk...

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January 13, 2018, 04:46:33 PM
 #1098

Without fear of losing money you cannot be a successful business person. It wont go in overnight from our mind everything is through experience only we will overcome from that fear so we have to try first very carefully and we try with a very nominal amount only, to avoid big loses in the very beginning itself and it is not easy to learn we have to bare such loses to learn big lessons.
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January 13, 2018, 07:01:07 PM
 #1099

Without fear of losing money you cannot be a successful business person. It wont go in overnight from our mind everything is through experience only we will overcome from that fear so we have to try first very carefully and we try with a very nominal amount only, to avoid big loses in the very beginning itself and it is not easy to learn we have to bare such loses to learn big lessons.
Exactly and yes the most important thing which can stop you from doing anything good in your life in having fear of losing money and suffering some loss in your life. Till the time you won’t overcome this fear of losing money, you will not be able to make out anything good in your carrier. You can only make your dreams come true when you will be strong enough to face any kind of issues.
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January 13, 2018, 07:10:26 PM
 #1100

Without fear of losing money you cannot be a successful business person. It wont go in overnight from our mind everything is through experience only we will overcome from that fear so we have to try first very carefully and we try with a very nominal amount only, to avoid big loses in the very beginning itself and it is not easy to learn we have to bare such loses to learn big lessons.
Exactly and yes the most important thing which can stop you from doing anything good in your life in having fear of losing money and suffering some loss in your life. Till the time you won’t overcome this fear of losing money, you will not be able to make out anything good in your carrier. You can only make your dreams come true when you will be strong enough to face any kind of issues.

Not only in trading in your business too you have to keep in mind. If you are start any business, at first you have to overcome the fear of losing money in that business. Then only you can able to take any decision without any fear.Such decision only make you shine in trading as well as business.



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