While trading I have witnessed several fears that effected my trading career. But some of them are the common fears that leaves us to rethink.
Out of them, 4 measure fear are:
1. Fear of leaving the amount in the market
2. Fear of missing out
3. Fear of being wrong
4. Fear of loosing money
These fears generally hurts us psychologically and effect our trade. We loose our control on those things which is must to be controlled, as being a consistent trader.
Logically if you read these points, you will find commonality in all. and that is psychology behind initiating a trade.
Now the question arise is how to go ahead with the solution. First like a pattern of the chart. Remember these points in your head. Remind yourself several times especially revising at the weekend. This will take time and make a space in your head while training through this.
Next time when you will initiate the trade you would remember these automatically and you will make better decision.
Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
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