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Topic: How to overcome my fear and how to start trading? (Read 34706 times)

legendary
Activity: 2912
Merit: 1068
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Fear is good and it's natural, it might prevent you from making foolish decisions. On the other hand you mustn't let it inhibit you.
Start with small amounts to get the basics, to "feel" the market and how it's functioning. Also, pick some good trustworthy exchange, dok experiment. With time you will get more selfconfidence and knowledge about the trading. Just don't rush, it takes time and don't set yoursef impossibe goals.
newbie
Activity: 56
Merit: 0
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should start at small amount first in order to practise your knowledge and strategy in trading. If it were so, your emotion on trading is lesser. Keep in mind that your mind set should not be too much skeptical as it drives you for the enthusiasm which my interfere your strategy.

Also you should accept the fact that even pro traders can lose because trading is risky. Btw if you want to start and do not know where from i'd strongly recommend you Monfex.
member
Activity: 546
Merit: 32
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.

If you want to earn daily here, you need to implement Day trading. In this way, you can have a chance to earn 3 to 5% or more depending on the movement of the coins that you are going to buy in. Make sure also that the coins is has capacity to get higher in the future. Just as a trader you must know that you are a risk taker and you really should.
yes the profit will be decided by your work and your investment the more investment will not be the way for more profit how we can invest and trade with our intelligence will give the profit So being a trader is very simple but maintaining your business continuously for long time will be the big thing for a trader to success his journey.
legendary
Activity: 2912
Merit: 1068
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.

If you want to earn daily here, you need to implement Day trading. In this way, you can have a chance to earn 3 to 5% or more depending on the movement of the coins that you are going to buy in. Make sure also that the coins is has capacity to get higher in the future. Just as a trader you must know that you are a risk taker and you really should.

Since he is new and doesn't have experience I wouldn't suggest day trading. It's very demanding and risky and it's much more designed for experience traders that are on the market for long time. For beginners I would suggest to start with smaller amounts without much risk before he gets necessary knowledge and experience. There is no reason to be afraid of trading as long as you have the plan that is realistic and don't invest more that you can afford to lose. Also, don't be too greedy and always have enough patience.
sr. member
Activity: 854
Merit: 252
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.

If you want to earn daily here, you need to implement Day trading. In this way, you can have a chance to earn 3 to 5% or more depending on the movement of the coins that you are going to buy in. Make sure also that the coins is has capacity to get higher in the future. Just as a trader you must know that you are a risk taker and you really should.
hero member
Activity: 1120
Merit: 553
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
You should start at small amount first in order to practise your knowledge and strategy in trading. If it were so, your emotion on trading is lesser. Keep in mind that your mind set should not be too much skeptical as it drives you for the enthusiasm which my interfere your strategy.
legendary
Activity: 1302
Merit: 1000
It is one of the factor every trader will experience when we are into trading we will experience once the prices are fluctuating. Once we get experience we may feel comfortable of holding the coins for long term until we make some profit. After getting some experience we might feel comfortable through trading.
member
Activity: 476
Merit: 10
CAT.EX Exchange
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
if we want income and do daily trading then we need to do the preparatory steps, because if we enter the daily trade without special preparation then we will experience big losses, we have to make careful observations, do some predictions and if we have enough time to do several times trade simulations that don't use money, don't get into the trade before we feel ready.
legendary
Activity: 2156
Merit: 1018
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what you need to do first is that you have to get rid of fear.
after you eliminate fear, then you have to make trade management,
For example, what kind of trader do you want to be? or divide the amount of funds into 3-5 parts, do not once do all in to avoid Hodl.
You must have at least 2 things in order to succeed in the world trading.
member
Activity: 1204
Merit: 38
Fear is an intense feeling that can easily complicate your judgement, thus causing you to make wrong decisions. Learning to control or overcome such emotion will be your foundation on becoming a good trader. Trading can be truly rewarding, and there is no denying that many people have made fortunes doing it. But first you have to set a realistic goal. Your very goal is to buy when prices are low and sell when they rise higher. However, trading is always accompanied by risk. That is why you have to know and learn everything about crypto market environment. Reading books written by successful traders is one way to learn new features of the technical analysis. And never, never stop studying to improve your skills.
fear will made you to make mistakes very easily that's why by doing any job do with no fear if you have fear in this the dog will be affected by your work so before entering to trading you will need to clear your fear by using any kind of ways like learning and researching about your investment it will helpful for best trading ways
full member
Activity: 1106
Merit: 166
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Starting with a small nominal to reduce fear of loss is a way that I think is good enough to be able to do where we are not too much burden with capital that is not so big. this is an advantage for us
I agree with your opinion, where to reduce fear in trading, especially for beginners, it must start with very little amount, when you are understand and find a good way to trade, then that's where you have to start with a large amount.
is investing low amount will be the good idea and if you want to start any type of business and definitely some risk involved in it the only thing that you have to do is ignore the risk do your job correctly then it will be the best opinion for mind to be a good businessman.
sr. member
Activity: 1666
Merit: 268
Starting with a small nominal to reduce fear of loss is a way that I think is good enough to be able to do where we are not too much burden with capital that is not so big. this is an advantage for us
I agree with your opinion, where to reduce fear in trading, especially for beginners, it must start with very little amount, when you are understand and find a good way to trade, then that's where you have to start with a large amount.
hero member
Activity: 2086
Merit: 553
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Starting with a small nominal to reduce fear of loss is a way that I think is good enough to be able to do where we are not too much burden with capital that is not so big. this is an advantage for us
sr. member
Activity: 1610
Merit: 294
www.licx.io
to be able to overcome your fear of starting trading, you should first be able to learn how to trade properly and after that you should be able to read the chart in the exchange to find out the right position to buy and sell assets that you have in order to benefit.
newbie
Activity: 10
Merit: 0
There are multiple threads to discuss on same topic. You can refer below thread it is also same thing. Undecided
https://bitcointalksearch.org/topic/m.49483535
full member
Activity: 546
Merit: 100
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
I don't think there is a word to help you in overcoming your fear in trading. What you need to do is to take the risks because you will never know the results unless you try. Just start with a small amount and be careful always because there are a lot of scammers and fake sites in here.
full member
Activity: 401
Merit: 100
Fear is an intense feeling that can easily complicate your judgement, thus causing you to make wrong decisions. Learning to control or overcome such emotion will be your foundation on becoming a good trader. Trading can be truly rewarding, and there is no denying that many people have made fortunes doing it. But first you have to set a realistic goal. Your very goal is to buy when prices are low and sell when they rise higher. However, trading is always accompanied by risk. That is why you have to know and learn everything about crypto market environment. Reading books written by successful traders is one way to learn new features of the technical analysis. And never, never stop studying to improve your skills.
sr. member
Activity: 882
Merit: 268
Start with a small amount & practice. Thankfully, because coins can be split up (not stocks) and there's really no minimum amount (I guess this does depend on the exchange though), you can pretty much start w/ as little as you want.

Take a small amount (an amount you are willing to lose mind you) and get to it. If you succeed, awesome, keep working at it. If not, back to the drawing board.

it all depends on trade capital, the high level of fear is mostly experienced by small capital traders with a number of trends that are not well understood, this fear can be minimized if we look for a variety of daily trading communities and learn to understand Tradingview regularly.
hero member
Activity: 2744
Merit: 541
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Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
Have a complete learning first because trading is more risky than you ever thought,this can take all your money instantly and without any guidelines for sure failure is what you will facing

Read more.watch more videos in youtube and join some social media platform that teaches more about what you need to learn
hero member
Activity: 1582
Merit: 759
Start with a small amount & practice. Thankfully, because coins can be split up (not stocks) and there's really no minimum amount (I guess this does depend on the exchange though), you can pretty much start w/ as little as you want.

Take a small amount (an amount you are willing to lose mind you) and get to it. If you succeed, awesome, keep working at it. If not, back to the drawing board.
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