Chachacoin17
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September 02, 2018, 09:07:29 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should be brave and willing enough to take the risk in trading and investing. Better learn about all the basics of trading by eagerly learning all the fundamentals of it. Trading need a lot of braveness and patience so you better learn how to handle your emotions. Is nonsense starting without any ideas or knowledge regarding to the risk that you will going to face in, be aware that the more risk you take inside this business the more gains also that you will acquired, what matters here is how you can deal with it with full confidence, knowing your advantage and allowing yourself to explore and learn can motivate you more facing your fears. Exploring lot of ideas cannot be done all alone, but you need to lean on other experienced traders who could teach you out everything. And as you're going to learn from time to time, don't just rely being spoon feed most of the time. Absorb what's the best knowledge, because if you don't acquire it nothing will happen but a failure. If you have full skills and knowledge it's easy for you to overcome fear at any certain scenario.
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Omega Weapon
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September 03, 2018, 03:50:02 AM |
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You can avoid your fear in trading by investing very small amount or the amount which is completely affordable for you to lose,then just do trading just like the gambling if you don't have any knowledge but you will learn from your mistakes once you started but long term trading is good to start initially for the beginners.
But do not you think that trading that way is a completely waste of time? In order to make any kind of significant profits out of this market then this means that you need to put at risk an amount money that is important for you, if you do not do that the chances of losing all your money are zero but the chances of making a lot of money are zero as well.
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ChrisPop
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Not your Keys, Not your Bitcoins
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September 03, 2018, 07:00:00 AM |
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If you are afraid you should start testing and refining your skills with paper trading. Once you are consistent enough with your trades and feel comfortable placing trades you should slowly start on a real money account. Start small and as you gain more traction you can increase your bankroll. Keep in mind: risk management is king! Always set your stop loss and profit taking levels through your analysis. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Avengers360
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September 03, 2018, 07:12:32 AM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
The best way to overcome fear and anxiety is practise. Try demo trading to get a hang of it. Then when you feel you have sharpened your skills enough, you can now go live, bht start small, risk little capital, and only increase when you're registering consistent gains. And there must be losses. Even the pros lose at trading, just try as much as possible to minimize your losses. Short-term is the only form of trading, long-term is called investing.
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newbie-hero
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September 03, 2018, 01:59:21 PM |
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I think to be able to overcome the fear you have, you can do other useful activities for example, you can do activities with your wife or family.
If the loss can make your life worse, then your fear can be explained. Maybe, it is better not to risk - stay away from trading. In case that you are eager to try this activity, find the other traders and have a talk with them.
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Chronos_angel
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September 03, 2018, 02:36:13 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
do not rush to start trading, do research about coins that you want to trade and do not be greedy in trading because usually greed can bring bad luck. for daily trading it's good you only take 5-10% profit.
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Pattart
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September 03, 2018, 03:23:44 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should be brave and willing enough to take the risk in trading and investing. Better learn about all the basics of trading by eagerly learning all the fundamentals of it. Trading need a lot of braveness and patience so you better learn how to handle your emotions. Is nonsense starting without any ideas or knowledge regarding to the risk that you will going to face in, be aware that the more risk you take inside this business the more gains also that you will acquired, what matters here is how you can deal with it with full confidence, knowing your advantage and allowing yourself to explore and learn can motivate you more facing your fears. of course you need knowledge and skills first before starting, without that of course the risk will be very large. You're right if you are more expert then when you take greater risks such as a larger allocation of funds, of course your profits will also be greater then, need patience and courage for it..
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metalglowd
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September 03, 2018, 03:26:01 PM |
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In short, avoid allowing fear to make decisions for you. Define your investment or trading strategy. Learn about it. Know what you plan to do and why. Write it down to remind yourself. Consider how you can flip the situation and see it from a different perspective. The key to overcoming loss aversion and other predictably irrational tendencies is to identify them, understand them, and create a system for dealing with them that works for you.
but even so, the panic of prices that will fall to a lower level often makes us very eager to cut-loss, and thinks later can take another opportunity in another coin / token, and the incident can happen repeatedly, especially if at that time it happened to be bearish on bitcoin which would certainly affect the altcoin
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Google+
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September 03, 2018, 04:02:38 PM |
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to be able to overcome the fears that you have when starting trading I think it's very difficult if you yourself are not confident and cannot control the patience you have because in fact it all requires very high confidence and patience.
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Olalomi
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September 03, 2018, 04:05:47 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
To have a headway as a trader I would recommend you to search for articles or ebooks about psychology of trading, its not about starting a trial with a small about of investment its more of how prepared are you psychologically? in a situation of having consecutive losses how are going to deal with that? its a known fact that a working trading strategy do fail a times.I will advice you to do your homework properly before embarking on a trading journey.
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tambok
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September 03, 2018, 06:52:11 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
To have a headway as a trader I would recommend you to search for articles or ebooks about psychology of trading, its not about starting a trial with a small about of investment its more of how prepared are you psychologically? in a situation of having consecutive losses how are going to deal with that? its a known fact that a working trading strategy do fail a times.I will advice you to do your homework properly before embarking on a trading journey. Fear is always in our side and we cannot overcome it if we will not do anything for us to become successful, trading is a good way to earn in cryptocurrency we just need to study everyday as it is not that easy way to do at the start but worth it if after a while we can learn through it, just keep moving and just stay positive always.
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Harley_Quinn
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❤️❤️❤️
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September 03, 2018, 08:51:43 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
The first advice: never be afraid to lose money, if there is fear of trade, it is better not to trade. the second advice: remember, until you lose, you will not learn to trade well good trade;)
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perla
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September 03, 2018, 08:56:44 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
Keep trading, if you loss,learn from your mistake and don't do it again. If you get profit, don't think trading is easy activity. With a lot of trading activity, by time you will have skill, and your mental will strong too.
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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Fantastickarl
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September 03, 2018, 09:20:27 PM |
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The best way to overcome fear in trading is trying to be knowledgeable and also be disciplined and also have a working strategy and abiding by it. This is the best way to overcome fear.
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Finestream
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September 03, 2018, 11:55:24 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
Keep trading, if you loss,learn from your mistake and don't do it again. If you get profit, don't think trading is easy activity. With a lot of trading activity, by time you will have skill, and your mental will strong too. Yes exactly.Keep on taking risks and experience trading more often.This will enhance your own skill and may develop into a new expertise.Having this,surely your fears will be lessen and you are now ready to trade with more confidence.This will more likely give you a successful trading in the end.
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fullhdpixel
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September 04, 2018, 11:20:25 AM |
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Overcoming the fear of trading requires constant experience, such as trying to buy and store coins and changing the daily observing market to once a week!
Definitely! Constant learning and constant experience is one thing that no new trader should ever discard. As long as you are ready to learn and after learning as much as you can, which you obviously cannot stop learning as you do so everyday even when you get good at what you do, you will still need some short term level of practice to demonstrate the skills you have been able to acquire and gain confidence from there. Without these things, emotion will always kick in and overcoming fear would be a huge challenge.
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DRVX
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September 04, 2018, 03:16:07 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
do not rush to start trading, do research about coins that you want to trade and do not be greedy in trading because usually greed can bring bad luck. for daily trading it's good you only take 5-10% profit. Oh, it would be really cool if you get 5-10% profit daily, especially when you have different altcoins. I wish I could have such an income. As for the advice for a beginner, just read about trading much first.
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bastian466
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September 04, 2018, 03:26:56 PM Last edit: September 18, 2018, 04:22:28 PM by bastian466 |
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If you're afraid it's better don't try, but I have a little suggestion try to use capital with the results of the bounty maybe in that way can get rid of the fear of trading
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Jaci
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September 04, 2018, 04:07:45 PM |
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If you have lots of money then you have a good chance that you can trade in fearless. Because if you make lose then you have enough time to understand why you make this lose. But sometimes no need not enough money to make you fearless. For this, you need to practice. More practice more fearless mind. Try to exercise daily all essential quality which is needed to be a professional trader. There is no end of learning.
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CPetersson
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September 04, 2018, 07:16:26 PM |
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
Short term is very strange thing. You can make a huge profit, but you can also lose your deposit. How do i trade: firstly i'm just sitting and analyzing pair (or pairs) on which i want to trade. Very helpful thing. After good analytics i start trading. Usually it is 5% from deposit. And i also watch videos on youtube about trading, not only on crypto
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