The 4 trading fears and how to overcome them

[YOSHIE]

The four main fears that traders face can have a significant impact on our success in the markets. However, with the right approach and mindset, these fears can be overcome and transformed into positive drivers for our trading.

What did you mention the four fears that everything is 'theory' in practice crypto trading will overcome and answer all things, I have been trading in the crypto market almost every day with the Futures method, Margin and Sport, trading must have proper knowledge of the market, analysis, strategies, predictions, volumes and so on, if you want to be successful in trading in the crypto market.

Talking is easy, doing is the hardest, all the theories you mentioned are felt by everyone who trades crypto, whether it's risk, loss of money, focus, FOMO, fear and so on, you can't overcome all that, if you do not have experience and knowledge in trading, trading on your own crypto market determines the clockwise direction and movement, based on the knowledge and experience you have, if you don't have all of that, the theory doesn't work as your trading time goes by.

[MFahad]

fear is the major obstacle in someone's successful way because if a person think that he cannot do it then becoming a successful man sometimes become difficult as all the activities are related to thoughts. Anybody who wants a fruitful future should avoid all of the hazards and should overcome the difficulties comes in the way.

Do according to the trading strategies and work laboriously will be helpful, also sure about your determination and traders should not think about fear. focusing on major goal will overcome all of your worries if you just don't care about your emotions, fear and worries.

[Nrcewker]

Trading is almost similar to gambling, but here the risk involved is comparatively less. Now when you invest anywhere your hard earned money, then there is risk surrounding you. Now all the fears that OP have mentioned is about money only. So one can only overcome this, if you are rich or you have plenty of money to spend. But if you can’t afford to lose, then trading is not the right option for you. Invest your money in FDs or SIPs. Moreover you can minimise the risk in trading, if you choose the coin wisely and invest on stable coins.

[justdimin]

Losing money is not fun but sometimes it is necessary in our trading, an example of allowing to lose money is to cut losses or when traders set stop losses, experienced traders know that when to cut losses is to avoid bigger losses and so they can start new trades to return to target profits, so losing money is scary but impossible for traders to never experience losing money at all.

I wouldn't say it's a "must" but it is a tool that you could use that's true. There are people who use stop loss to make sure they don't lose too much, but there are people who do DCA to make sure they lose nothing and willing to wait longer.

I know that DCA is not a trading method and it's a bit more of a long term thing, but if it recovers quickly then it becomes a trading method. I feel like any trader who worths their salt would tell you that losses are unavoidable and you will make some along the way, it is however everyone's goal to make more profit then they make a loss, if you made 1k but lost 500, that's fine, you are still in the green.

[Cling18]

Trading is almost similar to gambling, but here the risk involved is comparatively less. Now when you invest anywhere your hard earned money, then there is risk surrounding you. Now all the fears that OP have mentioned is about money only. So one can only overcome this, if you are rich or you have plenty of money to spend. But if you can’t afford to lose, then trading is not the right option for you. Invest your money in FDs or SIPs. Moreover you can minimise the risk in trading, if you choose the coin wisely and invest on stable coins.

Trading has risks but unlike gambling, its risk is managable especially if we are fully equipped with knowledge and understanding of its fundamentals. Fear is normal but we have to deal with the volatility of the market wisely. We shouldn't let our fear overtake or rule over our emotions or else we will end up making messy decisions which can lead to losses.

[indah rezqi]

Trading has risks but unlike gambling, its risk is managable especially if we are fully equipped with knowledge and understanding of its fundamentals. Fear is normal but we have to deal with the volatility of the market wisely. We shouldn't let our fear overtake or rule over our emotions or else we will end up making messy decisions which can lead to losses.

How to deal with trading problems or rather the fear of risk will be very different from one user to another. You could say having sufficient knowledge is the best way to avoid risks, but it seems clear to me that this is a theory that not everyone can have.

There is no solution that will truly help all traders to gain the same experience in trading whereas when traders understand that only doing for what they can afford to lose and being responsible for anything then it will only make them better. Fear of loss is normal, but if they are afraid of volatility then they are clearly not suitable for crypto investing.

[Vaculin]

Fear of losing money and fear of missing out are the common fears I believe that most of the new traders have.

They want to earn a lot of profits but they don't want to risk their money at the same time, which contradicts everything. While fear of missing out is that they are being jealous to a friend trader who just made a lot of profits in a single trade of a certain coin so he will instantly put his money on that certain coin and expecting to make a lot of profit as well even know he doesn't even know its current situation.

You won’t be profitable in the end if you are unlikely to spend some of your money because you are afraid to lose them all. Of course, you will lose them especially if you trade without good preparation. But if you are a responsible trader and has equipped knowledge and skills to trade, then why fear of losing? However, this FOMO is eventually not a good practice whether it’s trading or investing. Everything should follow a good plan, that’s why you have to set your own timeline and goal before you start to put it into action.

[jokers10]

...
But if you are a responsible trader and has equipped knowledge and skills to trade, then why fear of losing?
...

I guess that those ones who are already responsible, experienced and skillful has overcome their basic trading fears long ago, otherwise they wouldn't be so professional. May be I'm wrong but I think we talk about challenges for majority in this topic and I guess most of us are not so outstanding in trading or investing and that's why we want to learn harder and to know which underwater stones can be on our further way. And true professionals can read such topics for fun I guess, hardly to learn about their fears.

[Alisha-k]

Be ready and open to risk, I doubt there's any trader who hasn't at one time in their trading journey experienced lose or taken unavoidable risk.

If you must be a trader, please be open to risk, trade with caution no doubt but let your consciousness not not blind you to the point that you avoid risk that may turn out to your favour

[abel1337]

Be ready and open to risk, I doubt there's any trader who hasn't at one time in their trading journey experienced lose or taken unavoidable risk.

If you must be a trader, please be open to risk, trade with caution no doubt but let your consciousness not not blind you to the point that you avoid risk that may turn out to your favour

Yep, Risk is unavoidable and risk always exist in doing financial moves like trading. There are no successful trader that haven't experienced risky things or even risky trades, those fears are conquered before successful trader make a sustainable profits.  The fears that we experienced as a trader is building up as a strong path toward being successful. This is why we have trading psychology. Not over coming those fears and risk will only turn you into a temporary, a losing trader or no future on trading. Playing it safe sometimes gives us regrets and those regrets can turn into being aggressive which makes traders do wrong decisions.

[Lanatsa]

Be ready and open to risk, I doubt there's any trader who hasn't at one time in their trading journey experienced lose or taken unavoidable risk.

If you must be a trader, please be open to risk, trade with caution no doubt but let your consciousness not not blind you to the point that you avoid risk that may turn out to your favour

Plus you should learn up from those mistakes and errors that you had committed along the way on which it would really be that crucial on your learning curve and make yourself to be a better trader.
Fear and hesitance is really that very common on which you would really be needing to overcome it because we do know that it would really be resulting into more mistakes
if you cant able to handle it out.

On first tries or when you are just starting then it would be that normal but as time goes by then you would really be having the idea on how to deal up with things
and this is where you do gradually remove out that fear but dont expect that it would be 100%. Even professional and veterans do experience fear
on certain market conditions.

[jokers10]

Be ready and open to risk, I doubt there's any trader who hasn't at one time in their trading journey experienced lose or taken unavoidable risk.

If you must be a trader, please be open to risk, trade with caution no doubt but let your consciousness not not blind you to the point that you avoid risk that may turn out to your favour

Aha, and the main question is where that golden mean when you are already not too panicked about possible risks but still is cautious enough not to lose too much. If it was too easy everyone'd become successful traders, but we know that majority doesn't. So we know that we should find a balance between courage in trading and staying cautious about risks, but we usually don't know how to do that.

[tjtonmoy]

Not only just fear but greed could do the same to you. You(OP) have pointed out the important facts and ways to deal with it, but when it comes to reality, most people don't think it through. They just let their fear take over their judgements. Emotion control is the first step and without this there's no point learning all the advance knowledge if you are going to make mistake anyway. I have found this article very helpful and hope others will feel the same way. And the newbies should learn from this too.

[dunfida]

Not only just fear but greed could do the same to you. You(OP) have pointed out the important facts and ways to deal with it, but when it comes to reality, most people don't think it through. They just let their fear take over their judgements. Emotion control is the first step and without this there's no point learning all the advance knowledge if you are going to make mistake anyway. I have found this article very helpful and hope others will feel the same way. And the newbies should learn from this too.

If you do make yourself that wont be able to control between fear and greed then you would really be putting yourself into big problem.We are just humans though which emotions could really play out into yourself which

could cause up mistakes.Overcoming would really be depending on your awareness that you do gain from real experience.Sooner or later you would really be able to realize on how to deal with the market.

Those first impressions you do have on seeing it to be simple would really changed up on the time you do experience losses.You would really be realizing these things for sure.

[kamvreto]

Not only just fear but greed could do the same to you. You(OP) have pointed out the important facts and ways to deal with it, but when it comes to reality, most people don't think it through. They just let their fear take over their judgements. Emotion control is the first step and without this there's no point learning all the advance knowledge if you are going to make mistake anyway. I have found this article very helpful and hope others will feel the same way. And the newbies should learn from this too.

If you do make yourself that wont be able to control between fear and greed then you would really be putting yourself into big problem.We are just humans though which emotions could really play out into yourself which

could cause up mistakes.Overcoming would really be depending on your awareness that you do gain from real experience.Sooner or later you would really be able to realize on how to deal with the market.

Those first impressions you do have on seeing it to be simple would really changed up on the time you do experience losses.You would really be realizing these things for sure.

Greed is a problem for everyone, every human being is equipped with greed at different levels. But if they realize that greed is not good for them when trading, then they will start learning how to manage to be less disruptive in trading. Fear in trading sometimes makes someone too careless to cause some mistakes.
Fear can trigger defensive behavior, which can cause someone to sell a trade when the price drops too far. This can result in unnecessary losses, especially if the asset recovers quickly back to its previous price level. Then, greed can trigger aggressive behavior, which can lead to someone buying an asset at a very high price and then selling it at a loss when the price drops.

[wxa7115]

Greed is a problem for everyone, every human being is equipped with greed at different levels. But if they realize that greed is not good for them when trading, then they will start learning how to manage to be less disruptive in trading. Fear in trading sometimes makes someone too careless to cause some mistakes.
Fear can trigger defensive behavior, which can cause someone to sell a trade when the price drops too far. This can result in unnecessary losses, especially if the asset recovers quickly back to its previous price level. Then, greed can trigger aggressive behavior, which can lead to someone buying an asset at a very high price and then selling it at a loss when the price drops.

The investor that has learned to control the main emotions which move the markets, fear and greed, has a decisive advantage over other investors even if their strategy was as effective as the strategy of other traders.

And this is because just when they need to take a critical decision their thought process is not clouded by those emotions, and it is way more likely they will take the right decision, this is an aspect which is not touched a lot on the books about trading and yet it is one of the most important as it makes a huge difference on the results traders get.

[Tespata]

Trading for a long time Just faced the loss It always seems as if this time I trade will be successful but every time it reverses i.e. loss What if there is a cap on the amount you can lose Would you still feel fear I don't think so because you previously took the risk and calculated your potential losses. You may manage your fear of losing money by using stop losses in your trades. At last I think I am successful at some point will be identified as a trader

[Altryist]

Greed is a problem for everyone, every human being is equipped with greed at different levels. But if they realize that greed is not good for them when trading, then they will start learning how to manage to be less disruptive in trading. Fear in trading sometimes makes someone too careless to cause some mistakes.
Fear can trigger defensive behavior, which can cause someone to sell a trade when the price drops too far. This can result in unnecessary losses, especially if the asset recovers quickly back to its previous price level. Then, greed can trigger aggressive behavior, which can lead to someone buying an asset at a very high price and then selling it at a loss when the price drops.

The case when you sell on a fall and start buying back when the price goes up is a lack of experience, because if a trader repeats this mistake again and again, then it is clear that he will not last long in trading. In trading, you need to be patient and be able to track trend changes, both locally and globally. If a trader makes deliberate trades without haste, then everything will be fine.

[_BlackStar]

Greed is a problem for everyone, every human being is equipped with greed at different levels. But if they realize that greed is not good for them when trading, then they will start learning how to manage to be less disruptive in trading. Fear in trading sometimes makes someone too careless to cause some mistakes.
Fear can trigger defensive behavior, which can cause someone to sell a trade when the price drops too far. This can result in unnecessary losses, especially if the asset recovers quickly back to its previous price level. Then, greed can trigger aggressive behavior, which can lead to someone buying an asset at a very high price and then selling it at a loss when the price drops.

However I must admit that what you describe is true. I agree with most of the facts that fear and greed only hurt traders in the long term- especially if they panic. Some of the things above must be avoided by traders in order to minimize losses caused by market behavior. This is an important part for every trader so that what they expect from trading actually fits in the end.

Changes in trader behavior are often caused by high market volatility, so I think it is important to know how to minimize the risk of loss and also know how to have a good psychology as a trader.

[milewilda]

Greed is a problem for everyone, every human being is equipped with greed at different levels. But if they realize that greed is not good for them when trading, then they will start learning how to manage to be less disruptive in trading. Fear in trading sometimes makes someone too careless to cause some mistakes.
Fear can trigger defensive behavior, which can cause someone to sell a trade when the price drops too far. This can result in unnecessary losses, especially if the asset recovers quickly back to its previous price level. Then, greed can trigger aggressive behavior, which can lead to someone buying an asset at a very high price and then selling it at a loss when the price drops.

The case when you sell on a fall and start buying back when the price goes up is a lack of experience, because if a trader repeats this mistake again and again, then it is clear that he will not last long in trading. In trading, you need to be patient and be able to track trend changes, both locally and globally. If a trader makes deliberate trades without haste, then everything will be fine.

Buy high Sell low in short on which this had been the first encounter when im still a noob or even into those mid-times when doing up trading which there are really indeed situations which you would be making yourself on having those fail decisions neither because you might had been fomo'ed which is really that very common.Fear on trading is really that very normal on which you would really be trying to avoid as much as you could
or would hinder you out on making trades just because you dont really like to lose money.If you wont risks then you wont really be gaining something and this is why people should really be that risk taker
if they are really that tending to get some possible potential source of income.