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Author Topic: How to overcome my fear and how to start trading?  (Read 34115 times)
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January 30, 2019, 01:35:41 AM
 #321

For beginner trader should be understanding first how to mininize the risk by use stop loss, and learn first to trade in demo account. After that if we trade on spot market , we have to learn about trend of crypto and by know that we will know when should be jump and exit. For the better start trading when bull market because will be more easy to gain profit, and we have should be have target profit. Avoid greedy and FOMO because alot of trader lossing money because this emotional.

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January 30, 2019, 07:04:30 AM
 #322

Fear and anxiety when you first want to trade is a natural thing. however, a beginner has no experience in that. to reduce fear, multiply searching for information, studying in trading beta, and there is still much that needs to be done, so that someone might be able to be more confident before starting.

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January 30, 2019, 10:43:06 AM
 #323

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 can use the money that will not harm you and your finances if you lose it. I guess, it can reduce fear. Short-term trading means you have to sacrifice most of your time in front of your device and you must make the target either up or down. Do not place a higher percentage of short-term profits, 10% or even less than that is enough.

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January 30, 2019, 11:15:27 AM
 #324

I am afraid that you can engaged in short term trading having that limited resources and the most baddest thing is you want to gain for living daily,this cannot be promise by crypto trading

The volatility for sure will eat your capital and will brings you to losses in just a short time,for me traders in crypto should have use their extra money (unless you are very rich things that wasnt indeed in your part)specially when the moment you posted this thread that the market is killing most of traders now
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January 30, 2019, 11:17:56 AM
 #325

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.
First, do not read the market-related information at present.
Second, please identify the best Altcoin you want to trade after starting to return.

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January 30, 2019, 11:47:11 AM
 #326

If you have a desire to trade, then you just need to do it. You have already allowed fear to defeat you, so you just need to force yourself to do it without much thought.
In order to start trading you will need knowledge, so don't ever neglect them. Knowledge is the foundation of trade. But in order to become a successful trader, you need practice as a result of which you will gain valuable experience and learn to act in different situations.
I want to recommend you to plan your actions. This will teach you discipline and help cope with emotions that will certainly arise in the process of trading.


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January 30, 2019, 12:31:57 PM
 #327

If you have a desire to trade, then you just need to do it. You have already allowed fear to defeat you, so you just need to force yourself to do it without much thought.
In order to start trading you will need knowledge, so don't ever neglect them. Knowledge is the foundation of trade. But in order to become a successful trader, you need practice as a result of which you will gain valuable experience and learn to act in different situations.
I want to recommend you to plan your actions. This will teach you discipline and help cope with emotions that will certainly arise in the process of trading.
It is our emotion who sometimes bring us down, if we just let it to control our mind definitely we can do the right thing for us. Many traders have fails from their goals, even their courage turn into worries and afraid of that will happen in the future. Everything have change when can't this feelings.

 
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January 30, 2019, 01:22:10 PM
 #328

If you have a desire to trade, then you just need to do it. You have already allowed fear to defeat you, so you just need to force yourself to do it without much thought.
In order to start trading you will need knowledge, so don't ever neglect them. Knowledge is the foundation of trade. But in order to become a successful trader, you need practice as a result of which you will gain valuable experience and learn to act in different situations.
I want to recommend you to plan your actions. This will teach you discipline and help cope with emotions that will certainly arise in the process of trading.
It is our emotion who sometimes bring us down, if we just let it to control our mind definitely we can do the right thing for us. Many traders have fails from their goals, even their courage turn into worries and afraid of that will happen in the future. Everything have change when can't this feelings.
Emotions are always present, how you overcome fear from anything in your life, some people gave good advice long time ago, close your eyes (or don`t) and jump! You need to face it with your fears, only way to do it is to look your fear in the eyes, confronting with it with practice, day by day. Its how you make a progress in any activity or life aspect, I don`t know how else to say it. You cant learn anything if you dont fail occasionally, its the part of learning, you didn`t fail 1000 times you found out about that ways that dont work, 1001 can be the right way.

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January 31, 2019, 01:48:04 PM
Last edit: February 02, 2019, 11:21:13 AM by BeGoods
 #329

For beginner trader should be understanding first how to mininize the risk by use stop loss, and learn first to trade in demo account. After that if we trade on spot market , we have to learn about trend of crypto and by know that we will know when should be jump and exit. For the better start trading when bull market because will be more easy to gain profit, and we have should be have target profit. Avoid greedy and FOMO because alot of trader lossing money because this emotional.
Thats the point we can avoid the fear of risk with knowledge. you must learn more about trade, markets, and coins that you will buy. the more you understand and experience. the risk will be getting smaller and you can overcome that fear. the key is knowledge and experience..
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January 31, 2019, 03:31:29 PM
 #330

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.

First you must accept to yourself that you are willing to take the risk as a trader. Because if your not willing to take risk, your not belong here mate that's the truth. It is because traders are risk taker, then if you want to implement day trade, of course you must begin with learning about in trading form the basic things and more. Just don't push yourself in a hurry before doing the actual trade in the exchange platform.
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January 31, 2019, 03:35:19 PM
 #331

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.

First you must accept to yourself that you are willing to take the risk as a trader. Because if your not willing to take risk, your not belong here mate that's the truth. It is because traders are risk taker, then if you want to implement day trade, of course you must begin with learning about in trading form the basic things and more. Just don't push yourself in a hurry before doing the actual trade in the exchange platform.
Do not rush things out, yes, trading is a good place to earn in a daily basis, but you have to master some skills before doing that, aside from it this big market of crypto is full of unpredicted sway, if you will rush yourself here you will just ends up with nothing, worse, you will lose everything that you have, overcoming fears but always be wiser can help you out inside the trading place, keep being observant and follow the trend whenever you can.



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January 31, 2019, 04:50:50 PM
 #332

Start with a small amount & practice. Thankfully, because coins can be split up (not stocks) and there's really no minimum amount (I guess this does depend on the exchange though), you can pretty much start w/ as little as you want.

Take a small amount (an amount you are willing to lose mind you) and get to it. If you succeed, awesome, keep working at it. If not, back to the drawing board.

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January 31, 2019, 05:10:50 PM
 #333

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.
Have a complete learning first because trading is more risky than you ever thought,this can take all your money instantly and without any guidelines for sure failure is what you will facing

Read more.watch more videos in youtube and join some social media platform that teaches more about what you need to learn

 
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January 31, 2019, 06:10:46 PM
 #334

Start with a small amount & practice. Thankfully, because coins can be split up (not stocks) and there's really no minimum amount (I guess this does depend on the exchange though), you can pretty much start w/ as little as you want.

Take a small amount (an amount you are willing to lose mind you) and get to it. If you succeed, awesome, keep working at it. If not, back to the drawing board.

it all depends on trade capital, the high level of fear is mostly experienced by small capital traders with a number of trends that are not well understood, this fear can be minimized if we look for a variety of daily trading communities and learn to understand Tradingview regularly.

 
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January 31, 2019, 11:47:11 PM
 #335

Fear is an intense feeling that can easily complicate your judgement, thus causing you to make wrong decisions. Learning to control or overcome such emotion will be your foundation on becoming a good trader. Trading can be truly rewarding, and there is no denying that many people have made fortunes doing it. But first you have to set a realistic goal. Your very goal is to buy when prices are low and sell when they rise higher. However, trading is always accompanied by risk. That is why you have to know and learn everything about crypto market environment. Reading books written by successful traders is one way to learn new features of the technical analysis. And never, never stop studying to improve your skills.
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February 01, 2019, 06:27:06 AM
 #336

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.
I don't think there is a word to help you in overcoming your fear in trading. What you need to do is to take the risks because you will never know the results unless you try. Just start with a small amount and be careful always because there are a lot of scammers and fake sites in here.
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February 01, 2019, 07:02:01 AM
 #337

There are multiple threads to discuss on same topic. You can refer below thread it is also same thing. Undecided
https://bitcointalk.org/index.php?topic=5103694.msg49483535#msg49483535
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February 01, 2019, 08:20:57 AM
 #338

to be able to overcome your fear of starting trading, you should first be able to learn how to trade properly and after that you should be able to read the chart in the exchange to find out the right position to buy and sell assets that you have in order to benefit.

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February 01, 2019, 09:24:33 AM
 #339

Starting with a small nominal to reduce fear of loss is a way that I think is good enough to be able to do where we are not too much burden with capital that is not so big. this is an advantage for us

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February 01, 2019, 10:20:21 AM
 #340

Starting with a small nominal to reduce fear of loss is a way that I think is good enough to be able to do where we are not too much burden with capital that is not so big. this is an advantage for us
I agree with your opinion, where to reduce fear in trading, especially for beginners, it must start with very little amount, when you are understand and find a good way to trade, then that's where you have to start with a large amount.

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