The Fear Factor and waiting in trading, advantages and disadvantages

[Japinat]

Fear and greed are feelings that control circulation, and their accessory is usually negative, so one of the most important rules in trading is to remove your emotions from trading. This requires a strategy to circulate and this strategy requires that your emotions be removed.

If only it would be easier to remove emotions when trading, then a lot would have been successful traders these days. But we all know it’s everyone’s struggle. However, with experience and constant exposure trading in the market, and lessons learned after some uncontrollable losses, we come to realize that being fearful and greedy  do not make us reliable traders, so we need to control our emotions when trading as much as possible.

[Ahli38]

So how has fear and waiting impacted negatively or positively to your trading experience?

Fear in trading does have two opposite impacts according to how we manage it within ourselves for the trade itself. Fear of taking risks can sometimes also prevent someone from taking advantage of great potential, which means it can make it difficult for someone to find steps to move forward and gain profits. But on the one hand, it can indeed avoid losses. But we are in a trade and taking risks is part of trading itself. Because in trading, loss and profit are two things that we will continue to experience. So I think being too afraid to take risks is not very good for a trader if he has made a thorough analysis but is too afraid to take steps.

But there is also fear that causes someone to forget basic analysis and be hasty in acting or taking steps. These are people who have FOMO (fear of missing out). Usually they are beginners who don't even understand sentimental analysis in the market.

And for me personally, I sometimes use fear to avoid high-risk altcoins which of course don't have clear fundamentals. I'm afraid to jump into any project that isn't fundamentally clear. So I avoided it. And this has had a positive impact on my portfolio. And I prefer to wait patiently for the right moment to enter an altcoin, such as waiting for a confirmed event or waiting for the chart pattern to form perfectly before entering to avoid the risk of uncertainty.

[el kaka22]

If you fear a lot, you will not be able to trade, if you fear none then you are not going to end up with profit because you will risk everything at all times. Make sure that you fear the market just enough so it makes sense for you to fear enough not to get greedy and do stupid moves, but not fear too much that you would chicken out the moment you start to see some drops.

Many people make those kind of mistakes and I believe it would be very hard to have these returns without a doubt, just be fine about it and you are going to do ok. I hope to see this changing in the future and I hope to see that become something that gets a better return as well. I believe we are going to see too much changes eventually, so it is not really a big deal. Fear is important, but balancing the fear is even more important so always be sure that you are doing the right thing and having the right amount of it whenever you are trading cryptocurrencies in any exchange.

[shield132]

I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.

So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha . Yes you are permitted to fear.

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.

I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.

We have the fear operating in both advantage or disadvantage to your trade.

So how has fear and waiting impacted negatively or positively to your trading experience?

I have this fear that you described but I try to think less about how much profit I would make if I entered into the market at certain times because if you think about that, it will stress you mentally. You don't want to feel mentally stressed because that will increase your chance of making wrong decisions. When I was a newbie in trading, I had a fear and I lost a lot by not making something but this led me to FOMO and then when I wasn't afraid, I lost lots of money by making stupid mistakes.

My advice is to forget about fear. Everything can happen but you have to be calm and careful and stick with coins like Bitcoin, Ethereum, BNB and similar ones. Don't rush because there is a high chance that everything will be fine. Those who bought Ripple in 2017, might have felt hopeless because Ripple's price went down but today, in 2024 year, check the price of Ripple. A few days ago, Ripple reached $2.6 again, so it's never too late, do not FOMO.

[FanEagle]

Fear in trading does have two opposite impacts according to how we manage it within ourselves for the trade itself. Fear of taking risks can sometimes also prevent someone from taking advantage of great potential, which means it can make it difficult for someone to find steps to move forward and gain profits. But on the one hand, it can indeed avoid losses. But we are in a trade and taking risks is part of trading itself. Because in trading, loss and profit are two things that we will continue to experience. So I think being too afraid to take risks is not very good for a trader if he has made a thorough analysis but is too afraid to take steps.

Yeah I agree. I can see why that would not be all that complicated and how we could do better, but we need to realize that we are going to end up with a different approach to it. I can see why that would not be all that complicated, and how we could make this do, but at the end of the day we are not going to see this changing that easily neither, it has to be very sensitive information without a doubt. I can see of course how this could be tough for some people but it can be done if we are aware of the risks.

Do not fear of it all that much, but do not have zero fear neither, you need to have bit of both. That way you could make some money and you could be aware of the risks and not lose too much because you are careful as well. This has to be the most important thing to do and this would not be all that complicated in the end as well. I believe we could make some profit if we are careful about it like that.

[palle11]

Fear comes from a lack of knowledge and experience. Once you’ve fully understood both possibilities, the profit and loss.. you won’t feel that fear anymore. This is a game where emotions have no place; it’s all about logic and strategy. If you’re a trader focused on improvement, you’ve likely developed a strategy. Now, let me ask, did you include emotional factors in that strategy? If not, then let go of that fear.

You are right with your submission and that is the true position of how it is suppose to be but unfortunately, it is not that way you put it in totality. You have made it look like humans trading should become robots and just take commands only. Of course robots don't have business with emotions but humans do have emotions and that is why the fear factor will always be there and in fact contributes to trade and part of the results of volatility is formed by fear or emotion. I want to ask you if you don't have emotions? If you do then there are a reasonable percentage that you will also contribute emotionally to trade because they are also times you exit your trade with emotions

 I guess we all have emotions and it contributes to trade but the level of emotion differ.

[Mahanton]

If you fear a lot, you will not be able to trade, if you fear none then you are not going to end up with profit because you will risk everything at all times. Make sure that you fear the market just enough so it makes sense for you to fear enough not to get greedy and do stupid moves, but not fear too much that you would chicken out the moment you start to see some drops.

Many people make those kind of mistakes and I believe it would be very hard to have these returns without a doubt, just be fine about it and you are going to do ok. I hope to see this changing in the future and I hope to see that become something that gets a better return as well. I believe we are going to see too much changes eventually, so it is not really a big deal. Fear is important, but balancing the fear is even more important so always be sure that you are doing the right thing and having the right amount of it whenever you are trading cryptocurrencies in any exchange.

Fear is normal and this is something that you must overcome on which at the moment that we are really just that starting with trading then due to have no knowledge then you will definitely be having that kind of fear and its normal but you should do your best on overcoming up that kind of fear because if you dont then you wont really be able to move forward and this is something that needs up to be changed. It is really that depending on a certain individual because not all will really be having this kind of mentality on which having that emotion control is really that needed but not all will really be ending up on having this kind of control on which some of them do really ends up on having issues of completely failure because they cant be able to bare up with the risks and really that just tend to ran away and never come back. For those who do make out some consideration on learning up on everything that they have encountered then they are the ones who do able to sustain up on this market but of course it wont really be that a short period of time but rather a long one. It all matters about learning things accordingly and everything that you can be able to learn up will be basing up on your experience but there are individuals who are fast learners and there are ones which a low. This is why duration on completely having that good grasps towards the market. If you arent that good when it comes to emotional aspect then it will be taking up some time for you to have such control and able to make yourself survive into this market but its impossible that you wont really be having any progress on this one because you will be that eventually be wary into the things that you do encounter along the way. So it will really be that up to you on how you will be adjusting accordingly.

[JeffBrad12]

I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.

So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha . Yes you are permitted to fear.

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.

I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.

We have the fear operating in both advantage or disadvantage to your trade.

So how has fear and waiting impacted negatively or positively to your trading experience?

i believe that trading should be based on logic and data not by fear, the thing is, the big whales likes to play with the psychology of the market, flash dump before massive reversal to ATH, accumulation phase that seems to never end and so on, spreading fear is exactly their weapon against retailer and the reason why they always winning big time, if you trade based on logic and data instead and disregard the fear or any psychological influence you'd likely to profit, I know speaking is easier than doing, but good thing by following this I didn't get sidelined when BTC was having forming descending channel pattern around $64k - $49k back then where as far as I know, have successfully sidelined great amount of people. in a nutshell, never trade on emotion.

[tvplus006]

...We have the fear operating in both advantage or disadvantage to your trade.
So how has fear and waiting impacted negatively or positively to your trading experience?

You will always experience fear if you don't adhere to risk management. Because your fear arises because you realize that your risks are high and you may lose your money. By reducing the risks, you will stop feeling fear, as you will understand that even if you open an order in the wrong direction, you will lose only 2-3% of your deposit, and not all 100%.

[dunfida]

I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.

So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha . Yes you are permitted to fear.

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.

I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.

We have the fear operating in both advantage or disadvantage to your trade.

So how has fear and waiting impacted negatively or positively to your trading experience?

Speaking about fear, then this is something which is really that a very normal emotion or feeling that you will really be able to acquire at the moment that you are dealing up into something which does involves out money and the possibility of losing it, then you will really be indeed having that kind of hesitation that you will really be able to feel out along the way on the moment that you would really be that deciding on taking up decisions whether you would really be that making an entry or would be waiting up for some time?. Fear is something which is really that normal since we are just human beings and we can be able to feel out that kind of hesitation of fear because we do know that money is valuable and we wont really be liking on losing it out.

How does fear affect negatively? This will pertain into those missed up opportunities on which you have hesitated on taking up some action because you are afraid
on which this causes up for you to have such hesitation and there are many times that people or traders will really be experiencing this. If we do speak about the positive effects too on which there are moments that we do made out some hesitation because of some gut feeling that the trade wont be good and ending up that it was a right call because you didnt push through on making a decision on making a trade which saves you up on losing money.

[Wexnident]

~

Well, I'd say using fear to avoid losses is better than fear of "wanting" to realize a nonexistent profit is. The former is money you have already, the latter is money you were "supposed" to have, so non-existent. Pretty sure you can see which is better of the two.

And as for how it impacted me, I'd say the best one was the pandemic crash? Like a few months ago I was a bit panicky with how the market was moving. I forgot whether it was 10k usd or 10k in my local currency (PHP), most likely the former but after it dropped to around that price I immediately went to sell out my Bitcoin and leave the market. Unfortunate that I didn't buy after it crashing to 4k or 5k iirc, but hey, again,  non-existent profits.

[palle11]

...We have the fear operating in both advantage or disadvantage to your trade.
So how has fear and waiting impacted negatively or positively to your trading experience?

You will always experience fear if you don't adhere to risk management. Because your fear arises because you realize that your risks are high and you may lose your money. By reducing the risks, you will stop feeling fear, as you will understand that even if you open an order in the wrong direction, you will lose only 2-3% of your deposit, and not all 100%.

You are right on point. To take low risk is better than having a one time target to make all profit at the same time and then your heart will be in your hand at any little pips movement against your positio. One important thing about low risk is that even if you lose that particular order, you will have another chance of going in again at an opportunity rather than if you had lost all opportunity at once.

[bitgolden]

Fear factor should never play a single role in your trading, because it is not what trading is about, and should never be about. I understand you may feel as if this is a big deal for you, but in reality it is definitely a mistake and should stay away from it as much as you can. If you are not careful then you are going to lose a ton of money from it.

Fear is just disadvantages, there is nothing that benefits from constantly fearing, because it is not going to make you any money, even if you think it could, it won't. Too many people talked about how fear could make you be more careful, but fear is not something that makes you more comfortable, or more careful, or anything, it is just making you panic and do wrong moves.

[Zadicar]

I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.

So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha . Yes you are permitted to fear.

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.

I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.

We have the fear operating in both advantage or disadvantage to your trade.

So how has fear and waiting impacted negatively or positively to your trading experience?

Fear factor is there since we are just humans and we dont like on losing money on which there are those instances or times that you do get hesitated at the moment that you are trying out to make out some position just because you cant be able to bare up with the risks on which its normal or you cant be sure into your position and thats why it do hinders you do make out such position. Outcomes and results could neither be that ending up with a good result or do able to avoid you on losing up money just because you hadnt made out your action or simply it was that a right call because the price didnt go on what you had predicted.

We are just that humans on which having emotions on which this isnt talking about trading but also in other aspects as well. Real life situations or conditions on which decisions do vary and our mind be saying or thinking that it might that not giving out that good results on which you have hesitated but if it turned out to be a life saver decision then thats a good thing, but on the moment that it do made out some results that you had just that missed out some good opportunity then it will be giving out that kind of feeling of regret. So it will be that up to you on how you will be handling out decisions in between specially on trading on which prices are way too volatile and unpredictable. There are indeed those times that decisions made were actually that become a good choice.

[Rgram]

I don't know yet if this topic has been discussed here and if it has I'm going to lock the thread.

So I believe many traders here go through this fear in their trading and I don't think it is wrong to have such feeling because you are a human with flesh and blood plus the involvement of your money hahahaha . Yes you are permitted to fear.

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

The other times too, you can have the fear of not entering the market but at the end of that trade, you will realise that you would have made huge profit if you entered. This means the fear was a disadvantage to you.

I know fear and waiting can operate same time because as you have that fear not to enter you are at the same time waiting which can be both to your advantage or disadvantage.

We have the fear operating in both advantage or disadvantage to your trade.

So how has fear and waiting impacted negatively or positively to your trading experience?

It is true that fear factor in trading can both be a Savior and also missed opportunities,
Fear has made me missed good trading opportunities that I actually waited for all week but when they got to my AOI I still didn’t take them, and that triggered me to always want to place any trade analysed but by doing so I took a lot a loses, so from there on I started being very selective about the types of trades that I’ll take and that has a bigger chance of hitting it’s target..

[harapan]

I have noticed also that this fear can help you reduce lose sometimes when you fear to pull in your trade then you stay back and at the end the market would have gone against you. It means that the fear actually was to your advantage because you didn't enter an order.

We have the fear operating in both advantage or disadvantage to your trade.

Honestly I don't think I'm getting you well on this but let me say this fear can be found everywhere especially when you decide to take up some risks, moreso when people tend to go into some something fear of loosing is what makes them withdraw themselves which can be a disadvantage on one end, then in the other hand I think waiting is required in trading and it proves the positivity of the outcome, thereby making it an advantage.

[irhact]

Fear has never been something I view in any good light because  the disadvantages are usually more consequential than the advantages  so for me having  a mind of taking  responsibilities at any time will do you more good than staying  in fear and thinking  you get to enjoy  some sort of advantages  of which we know  they are only some sort of future regrets wrapped in advantages in the now but later in the future you may actually  live to the taught of regretting  some if these actions and wished you had taken them and damming the consequences but learn from them if they go south  so whenever it goes our way we celebrate and if it goes south we learn that's my simple and yet best principle.