Are you Afraid Of Trading, This Is How To Overcome Fears of Placing Trades

#11
I was also fearful when I was a beginner. Fear is there when we lack confidence as a trader. Confidence comes from knowledge, skills and experience in the market. You should not be afraid but always be careful and cautious.
 
#12
The fear of losing money is rational when you are a beginner. This fear will keep us safe as we will take steps to minimise the losses. But when the fear becomes irrational it will have a negative impact and hinder our progress as a trader. So, we should not entertain such irrational fear while trading.
 
#14
As long as you follow a plan and know what moves to make, manage risk and are able to calculate a risk reward ratio, you will succeed in the financial market. Be patient and focus on the end goal.
 
#15
I had a lot of anxiety when I got started around 3 years ago. Was so afraid to lose my investment, but finally realized that I had to risk that money to make money.
 
#16
Fear should never be there when you decide to become a trader. We should always trade with a clear mind and make rational decisions based on logic. Emotions like fear and greed will never give good results in trading.
 

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