Best Change

Read our Advertising Disclaimer


Page 1 of 2 12 LastLast
Results 1 to 50 of 67
  1. #1
    Join Date
    Aug 2020
    Posts
    157

    Fear is the greatest reason for failure

    Fear is the greatest reason for failure. Fear is a significantly compelling human feeling. Fear of losing money in trading is extremely perilous. That is the reason controlling feelings is the way to achievement in trading. Furthermore, to control feelings you have to restrained. You likewise need to diminish your hazard and have an appropriate money management and risk management arrangement. Each individual's psychology is diverse so you need to out your own particular strategy that suits you the most.

  2. #2
    Join Date
    Aug 2017
    Posts
    1,331
    It is possible to earn a lot of money in Forex trading if you have proper knowledge about trading. It is possible to make a profit in trading without greed and fear. There is no business like Forex that can make a lot of income with little money. And trading is a very short time job. It is possible to be financially successful by doing that. Brokers play many roles in this case. I trade under Forex4you brokers. That broker helps me a lot to make a lot of profit.

  3. #3
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Kees Bekker View Post
    It is possible to earn a lot of money in Forex trading if you have proper knowledge about trading. It is possible to make a profit in trading without greed and fear. There is no business like Forex that can make a lot of income with little money. And trading is a very short time job. It is possible to be financially successful by doing that. Brokers play many roles in this case. I trade under Forex4you brokers. That broker helps me a lot to make a lot of profit.
    We can become more successful in the business of Forex trading because we have to learn and understand the Market Analysis which will help us in trading the Forex Business.

  4. #4
    Join Date
    Apr 2020
    Posts
    1,455
    Fear in the process of work does not belong at all. As for me, this will only worsen the results of the work and these emotions can only worsen the work of the trader.

  5. #5
    Join Date
    May 2020
    Posts
    111
    In reality, fear is a rather significant negative moment in trading that does not give us the opportunity to develop or flow and trade after some setbacks

  6. #6
    Join Date
    Apr 2016
    Posts
    605
    Many of us are afraid of failing, at least some of the time. But fear of failure (also called "atychiphobia") is when we allow that fear to stop us doing the things that can move us forward to achieve our goals. One of the most important senses most humans posses is pain. Pain allows us to learn very quickly from our mistakes. Without this failure, they would not learn how to succeed.

  7. #7
    Fear is one of the causes of loss. Many times the trade in profit also turns into loss if you take the trade out of fear. Every trader should give up greed and fear and trade. If a trader cannot change this negative mindset, he will never be a successful trader. I agreed to let go of the fear after learning a lot from the Eurotrader training center.

  8. #8
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Edgardo Marchesi View Post
    Fear is one of the causes of loss. Many times the trade in profit also turns into loss if you take the trade out of fear. Every trader should give up greed and fear and trade. If a trader cannot change this negative mindset, he will never be a successful trader. I agreed to let go of the fear after learning a lot from the Eurotrader training center.
    We have to first of all understand that if we will do our trading with fear then we will not be able to do correct trades and the chances of getting a loss in our trades will arise.

  9. #9
    Join Date
    Apr 2020
    Posts
    1,455
    In fact, fear greatly increases the likelihood of error, but the main thing is to be able to control your emotions and know how to avoid making the wrong decisions.

  10. #10
    Join Date
    Jun 2020
    Posts
    77
    In general, if you can be disciplined and trade with a good strategy, applying and adhering to a money management system, fear and other emotions can be easily curbed.

  11. #11
    Join Date
    Jul 2020
    Posts
    794
    Fear for a trader is a very important aspect with which you need to be as careful as possible. Unfortunately, traders often don't think about it.

  12. #12
    Fear is also an emotion that blocks us and does not give us the opportunity to move forward, because there is a possibility that we will do something wrong and we need to get rid of it in the same way as other negative emotions.

  13. #13
    Join Date
    Jul 2020
    Posts
    162
    I know we would not find anyone here who can talk positive about fear. But I would like to do so. I think fear is also important in this market. Without that we would be uncontrollable. And I think we all know what can uncontrolled trading cause in forex market. I think a limited amount of fear is also important. Currently a I am trading with Eurotrader after researching well enough before investing.

  14. #14
    Join Date
    Apr 2020
    Posts
    1,455
    For me, the best lesson in behavior in this industry was working with the Amarkets broker. I was quickly able to understand that fear does not bring anything good for the trader.

  15. #15
    Join Date
    Dec 2020
    Posts
    35
    Agree, successful people achieve success not because they are not afraid of fear, but because they overcome it. A successful person has reached the goal, an unsuccessful person has not.

  16. #16
    Join Date
    Jun 2020
    Posts
    205
    Leverage is very important for retail traders. It increases our buying power. We can trade with inconsequential capital with the help of leverage. The lead is whether you take high leverage by then reducing the hazard % proportionately. In any case, I figure trader should focus on quality trading. Also, for that perceiving and contorted is basic. For my trading I utilize Forex4you broker since I like their useful resources like eBook and video instructional activities. I utilize 1:300 leverage in any case they give from 1:1 upto 1:1000 leverage.

  17. #17
    Join Date
    Jan 2021
    Posts
    405
    well, such moments can still be justified on both sides, although from time to time it is still worth taking big risks, this can bring you good profit from risky trades

  18. #18
    Join Date
    Dec 2020
    Posts
    28
    It really doesn't make sense to take risks without a clear understanding of the trade, if you really take risks, you need to understand what can come of it and how much it will be justified

  19. #19
    Join Date
    May 2020
    Posts
    1,473
    That's what, and fear really has no place in this industry. It should be understood that fear will only increase the likelihood of a mistake and make the trader doubt his actions.

  20. #20
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    That's what, and fear really has no place in this industry. It should be understood that fear will only increase the likelihood of a mistake and make the trader doubt his actions.
    If we are looking to earn income from Forex trading then we have to reduce the component of Fear from our trading so that we can become more Profitable Forex Traders.

  21. #21
    Join Date
    May 2020
    Posts
    1,473
    In general, a person should be mistaken, so you need to be as attentive as possible, because in this industry the price of error is quite high.

  22. #22
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    In general, a person should be mistaken, so you need to be as attentive as possible, because in this industry the price of error is quite high.
    When we are making the mistakes in our trading we must understand that we have to protect our losses and this is the only way to succeed in this business.

  23. #23
    Join Date
    Jul 2020
    Posts
    794
    It is worth realizing that fear is really not a place in trading. This will only lead to wrong decisions and uncertainty about their actions.

  24. #24
    Join Date
    Apr 2020
    Posts
    120
    Because of fear, many really fail, because it is an emotion that fetters us, the name gives us one or another step in trade.

  25. #25
    Join Date
    Apr 2020
    Posts
    1,455
    As for me, usually fear only deepens the situation, and it becomes even more difficult for the trader. You need to be confident in yourself and your actions, this is a much more reliable option!

  26. #26
    Join Date
    May 2020
    Posts
    1,473
    Unfortunately, fear really very often prevents the trader from making the right decisions. But again, you just need to be more confident in your actions.

  27. #27
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    Unfortunately, fear really very often prevents the trader from making the right decisions. But again, you just need to be more confident in your actions.
    We have to do our trading without any fear and also have to understand that trading can become easier if we will do the Efforts.

  28. #28
    Join Date
    May 2020
    Posts
    111
    Of course, fear during trading should not be present, but while we are just taking the first steps, it is very difficult to control ourselves, so you always need to give yourself time to overcome some barriers.

  29. #29
    Join Date
    Mar 2020
    Posts
    180
    I have to spend a lot of time in the market, but I can't. Because I trade part time as well as forex job, if I can succeed in this, I will leave the business and take forex as a profession. The reason for this is that Forex, one of the ways to succeed in Forex, is to follow, always play with a very whimsical market, I want to establish myself in the Forex business.

  30. #30
    Join Date
    May 2020
    Posts
    1,473
    Fear during work plays a really important role. I myself have been working in this industry for a long time, and I have long made conclusions.

  31. #31
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    Fear during work plays a really important role. I myself have been working in this industry for a long time, and I have long made conclusions.
    We have to understand this fact that in the business of Forex trading we need to use our own Trading skills for getting the Profits on Time.

  32. #32
    Join Date
    May 2020
    Posts
    1,473
    Fear in trading often plays not the most pleasant role, but most often very negative in general, because this prevents the trader from making the right decisions in the process of work.

  33. #33
    Join Date
    Jan 2021
    Posts
    126
    Fear can lead to big mistakes, that's true. So can greed. We have to master our emotions in general, because greed can cause you to overtrade or risk more than you should, and you also might feel anger if the market moves against you which can lead to revenge trading - and all of these can be disastrous to your capital.

  34. #34
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Dora Wi View Post
    Fear can lead to big mistakes, that's true. So can greed. We have to master our emotions in general, because greed can cause you to overtrade or risk more than you should, and you also might feel anger if the market moves against you which can lead to revenge trading - and all of these can be disastrous to your capital.
    We have to overcome the factor of Fear in our trading. This is important for us as we have to remember that if we will be doing our trades with Fear then we can get more losses also.

  35. #35
    Join Date
    Apr 2017
    Posts
    719
    To trade in forex knowledge is very important. Without the knowledge of forex a trader can lost all his investment. A trader can gather knowledge about forex from anywhere. To get proper knowledge about forex a trader can take help of demo account. A trader can trade like live account in a demo account without any risk. I got knowledge about forex by trading with a demo account of TP Global FX. It helped me to get all kind of techniques and knowledge about forex. So, demo account can be an important source of knowledge about forex.

  36. #36
    Join Date
    May 2020
    Posts
    84
    fear will always dull your decisions and actions, and not only the outcome of the deal, but also the profit in general may depend on it

  37. #37
    Join Date
    Jan 2021
    Posts
    12
    One of the most common fears is the fear of losing. The trader clearly imagines that the numbers in the terminal are his money, and their decrease limits his financial possibilities in the future.

  38. #38
    Join Date
    Apr 2020
    Posts
    1,455
    Fear in the process of trading is not the best option. Usually, such feelings lead only to losses, and losses. As for me, this is not the best option for a trader.

  39. #39
    Join Date
    Aug 2020
    Posts
    157
    To react to a loss in forex trading is vey bad. We should not react to a loss. Accepting the loss is very important. The reaction to a loss end up opening a revenge trade which brings more loss. The best thing is accept the loss and analyze why did you loss the trade. What was your mistake? Then learn from the mistakes. Learning from mistakes is the best learning one could achieve from a loss. I am trading forex with Eurotrader broker, as a result of their low spreads and 500:1 leverage. I additionally like their energetic withdrawal handle.

  40. #40
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Nathan007 View Post
    To react to a loss in forex trading is vey bad. We should not react to a loss. Accepting the loss is very important. The reaction to a loss end up opening a revenge trade which brings more loss. The best thing is accept the loss and analyze why did you loss the trade. What was your mistake? Then learn from the mistakes. Learning from mistakes is the best learning one could achieve from a loss. I am trading forex with Eurotrader broker, as a result of their low spreads and 500:1 leverage. I additionally like their energetic withdrawal handle.
    We must be ready to learn from the mistakes that we are making in our trading. In this way we will be able to become Better Forex Traders.

  41. #41
    Join Date
    Dec 2020
    Posts
    30
    We are often told that emotions will affect trading and fear is one of those emotions that paralyzes our actions in further trading.

  42. #42
    Join Date
    May 2020
    Posts
    1,473
    Usually, fear actually leads to wrong decisions. In experience, I can say that fear in the process of trading really only prevents getting a positive result.

  43. #43
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    Usually, fear actually leads to wrong decisions. In experience, I can say that fear in the process of trading really only prevents getting a positive result.
    It becomes very important for Forex traders to understand that they should not fear and do their trading really so that they can get profits from their activity.

  44. #44
    all the same, fear has not only negative effects, there are also positive aspects, in different situations it can save you money

  45. #45
    Join Date
    May 2020
    Posts
    1,473
    In fact, fear is a very negative emotion for a trader. From experience, I can say that this almost always leads to negative work results.

  46. #46
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by malopis View Post
    In fact, fear is a very negative emotion for a trader. From experience, I can say that this almost always leads to negative work results.
    In the business of Forex trading we have to understand that if he would Fear then we will make our losses so we need to remove the negative concept of fear from our trading.

  47. #47
    Join Date
    May 2020
    Posts
    84
    fear really interferes with work, especially in forex, there are too many risks and other reasons why you can waste your money

  48. #48
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Walkarie View Post
    fear really interferes with work, especially in forex, there are too many risks and other reasons why you can waste your money
    We have to learn our trading with the minimum amount of risks in t he markets. In this way we will be able to make more Profits.

  49. #49
    Join Date
    Jan 2021
    Posts
    405
    this is so, if you look only from one side, but if you look from the other, then fear in some moments can save you your money and not drain absolutely everything

  50. #50
    Join Date
    Dec 2020
    Location
    Asia
    Posts
    1,166
    Quote Originally Posted by Diedriarekh View Post
    this is so, if you look only from one side, but if you look from the other, then fear in some moments can save you your money and not drain absolutely everything
    Forex traders need to understand that if they are using the Skills in doing their trades then they are able to get more Profits from this business.

Page 1 of 2 12 LastLast

Similar Threads

  1. Failure is only reason to get experience trader ?
    By sam9630 in forum Forex General Discussion
    Replies: 72
    Last Post: 02-08-2016, 04:30 AM
  2. Fear brings failure.
    By seekforex in forum Trading strategies
    Replies: 1
    Last Post: 09-05-2013, 09:33 AM
  3. Fear, greed and emotions are the main reason to face the loss.
    By seekforex in forum Trading strategies
    Replies: 1
    Last Post: 09-05-2013, 08:08 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •