BeGoods
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September 11, 2018, 12:07:01 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.
Lol your first question is quite funny because I don’t think you need anyone’s help when it comes to stopping yourself from being afraid. It’s all about being determined, you have to decide to stop being afraid and make the move yourself. You need to realize that there are people who are doing that same thing that you’re afraid of and are making money in it. Yeah to manage fear comes from yourself, not help from others. you have to know that the risk whenever it can happen and you have to prepare it all, then use capital according to your ability to afford to lose don't use excessive capital, so you don't will be afraid even though the risk occurs. then your skills and experience will play important there
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iv4n
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September 11, 2018, 12:10:32 PM |
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This question reminds me when someone wish to jump from the cliff into the sea and he ask how to overcome that fear. There is option to close your eyes and jump, there is a better option to start from lowest and slowly to advance to highest cliff. With trading it`s the same, you can invest 10k dollars, deposit to exchange and start trading, simple as it sounds, it`s like closing your eyes and jumping from the cliff, you can be lucky or you can smash yourself on some rock. Or you can deposit 50 to 100 dollars, more or less, deposit in some exchange, read what others write and try that to, it`s a slow advancing to the top, as you read and practice you will be more self confident and you will overcome fears when you become a top trader.
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Amajaa
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September 11, 2018, 01:47:13 PM |
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You can overcome it when youre ready to face the consequences on trading like loosing whe price drop.. Be more optimistic than thinking too many what ifs.. Trading is a dump and pump scenario so patience is the key during bear season.. You cant loose if you dont sell.. Just start with small capital first.
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Harley_Quinn
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September 11, 2018, 02:07:24 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.
You will never overcome your fear if you are afraid for money. This psychology will force you, lose your money. Find the amount that you do not mind losing.
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hispout
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September 12, 2018, 08:18:01 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. Trading with a demo account will do nothing to allow you to overcome your fear and your anxiety, because you're not dealing with real money and when you are not dealing with real money it's very easy to make all the necessary moves that books say that you must do, it is when there is money in the line that is important to you when it becomes really hard to make those moves. There is no fear if you are learned and further more you will have a great time if you are well learned and have practical experience as well so it is not hidden that your first attempt will be difficult for you but practical experience is something else and once you trade several times then you will be a perfect trader. So, there is no fear once you start working after gaining knowledge and then after several practical work.
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richmcrich
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September 15, 2018, 06:02:40 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 will never overcome your fear if you are afraid for money. This psychology will force you, lose your money. Find the amount that you do not mind losing. The start is always hard for many among us. It is not just understanding the technology but also taking steps to ensure its practical implications. That is why it is often advised to invest a small amount of money initially and as you gain experience with the passage of time, you will be able to expand the volume of your business. So be a risk taker and you will never fear the trade. Even if you loose money, the experience will help you ahead prior to making strategies.
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umar22pk
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September 15, 2018, 06:39:39 AM |
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You have to trade with big heart, because if you want to earn something you have to fear less. If you are planning to trade with a short term then it is better to invest small amount, in this condition your profit & loss ratio will be also small, but you haven’t any fear to lose a big amount.
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sabarr
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September 15, 2018, 07:23:58 AM |
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to start trading then you have to learn a lot about trading so you will not be afraid and hesitant to start because you will have a lot of knowledge about trading, start with a small amount and if you already have a lot of experience then you will be able to understand and be successful in trading
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ngacengan
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September 15, 2018, 07:37:22 AM |
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I think you can overcome your fear that you should be able to sleep or you can do other activities such as swimming so that it can make your brain more relaxed and less tense.
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CryptoAssasin
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MenaPay - Crypto made easier than cash
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September 15, 2018, 12:17:16 PM |
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First, invest an amount that you are afford to lose. What I usually do before I invest to an altcoin is study the weekly and monthly chart. Start triggering those highest and lowest point which will give you better idea when to enter or a target price when to invest. Also, check some crypto news most of them are good or a bad news because that always bring a big impact to the price of an altcoin. Always prepare your calculator before investing and recalculate everything to build an idea when to sell those to earn a profit or when to stop those loses.
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EtherATM
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September 15, 2018, 02:00:01 PM |
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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.
I suppose you to manage your time for learning first. I don’t think that you can learn from your mistake easily without knowledge. Because to do investing or trading on coins, you definitely obtain the knowledge in order to understand about it. Especially when you unfortunately get loss, you have to understand what led you to that mistake, and then you can learn from it. Almost people come to this market, both have fear of loss in trading, but anyway you have to control your fear. To get away from fear, you need to be more confident, you need time to build experience and skills gradually. In a nutshell, let determine your fear and try to conquer it.
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KGBx
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September 15, 2018, 02:06:07 PM |
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Just try to practice as much as you can and fear will decrease little by little, as for me it is the most effective strategy.
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gorodi
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September 15, 2018, 02:06:46 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 no
I understand your desire but as soon as you are a newbie, you should better start with holding as the day trading is a business for the more experienced people.
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Omega Weapon
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September 18, 2018, 09:08:08 PM |
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Easy, don't be scared of losing. Always keep in mind that losing is a part of winning. You see, if you treat every failure as a learning experience, then you’ll end up a winner.
This is very easy to say but very difficult to put in practice, people hate to lose I have seen people very upset because they lost a friendly game, people like that are not prepared to lose a significant amount of money when they are trading and in my opinion they should never trade because they are not ready psychologically to manage the ups and downs of the market.
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iwah
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TREEBLOCK.io
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September 18, 2018, 10:21:39 PM |
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The best way to overcome your fear when you are starting a trading is to have a working strategy, when that is in place then always stick to it and never change your plan no matter how hard it gets. having a working strategy will give you the confidence not to be afraid because you believe in your decision.
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kickdapa
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September 18, 2018, 10:36:36 PM |
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To overcome your fear and confusion, you have to lose first. Without losing money in trade, you won't make a good thing. So, start with a little amount that you can bear the losses. Try to learn again and again and don't feel like finish or you can't do it. Everybody fails in trade, as will you! There is no other way to overcome your fear.
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avonka
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September 18, 2018, 10:38:08 PM |
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If you trade with the amount you are comfortable with even if you lose it, there is no reason for fear. Controlling you emotions while trading is very important but it will come with practice and experience. It is important to know what you want to achieve and pre-define your profit targets and then stick to them. Discipline and patience is the key for success.
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arnaudel98
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September 20, 2018, 07:07:11 AM |
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firstly you will have to overcome your fear of scammer in trading. Start learning about trade, you have to use money that affords to loss, don't worry about it, it will gain you more experience in trading
You should not fear and always work with great paitence.There's nothing required to start your trade just remember few things try to invest that money which you can afford to lose.
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futureofeth
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September 20, 2018, 07:32:08 AM |
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While trading you need to be very strong in the market because fluctuation is completely common in the market which makes panic in the market. So always try to be patient even when the price is dropping and when the price is kept increasing, don't panic because always hold some part of money for buying at the lower value.
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Al Wahhaab
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September 20, 2018, 08:09:07 AM |
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learn from the smallest that is easiest when you get used to it we will be able to make friends with you
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