Top 3 Trading Fears And How To Deal With Them
Fear hinders, distracts, demotivates trader. It's harder to make money with it. Stop it! I have studied the most common trading fears and told how to overcome them. How to deal with these fears is what I am about to mention. Do not be afraid that is the most important weapon trader should have first of all. 1. How to Deal With fear of losing Capital You have to invest with small amount. Do not place high value on this account otherwise, you will end up losing it. Although it is a tool to take extra care about even though you are there to make profit. 2. How to Deal With fear of Making Mistakes Accept that mistakes are inevitable. This is the only working way. No one can trade without mistakes. The good news is that in order to make a profit, perfect trading is not needed, most often it is enough to conclude a little more than half of the transactions in a plus. Follow money management, keep a trader's diary, analyze trading with a personal manager or on your own. Such simple s