Topic: How to overcome my fear and how to start trading? - page 15. (Read 34706 times)
To begin trading is not so difficult as it seems to you. The best choice for you is to open a demo account on which you will be able to begin trading without any risk. Also you can begin trading with so small amount of money which you may lose without any problems for your family's budget. I think that it is normally that you are hesitating because trading is something new for you and of course it is a risky activity where you can lose your money and time. By the way ask yourself, do you really want to be a trader? Do you really need to trade? If you are not sure I think you would rather not begin trading at all because it is likely that trading is not suitable activity for your.
Although the fear makes you feel anxious in the transaction Bitcoin. We can control emotions by not being too greedy to try to engage in trading, if you are not sure about the market, it is better to wait or delay the transaction. Set a daily goal, place a position if it is on target and know how to make a hole.
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.
Trading, both with short/long term goals is indeed a little complicated. Because in this case first of all you are required to do and understand fundamental and technical analysis. Second, you can also do it by understanding the trends that are or are happening, maybe in this way, your trading will be felt to be very easy (not complicated), rather than the first.
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.
Best advice is for you to get started and then see for yourself how far you can goIf we experience a loss, make it all as a provision of experience which can spur our enthusiasm to achieve success in trading, which the goal so that we avoid the same losses.
Why you afraid?
At first some question comes into front.
1) Lose my money
2) Time killer but not productive,
3) I will not make profit
I think these issues are bugging on your head. Bitcoin is now global currency . A lot of international marketplace allow BTC right now. So there is no chance to lose your money. Obviously there need some time to make profit. But undoubtedly you make profit. I want to give some tips for the newbie of cryptocurrency. At first you should invest very small amount. Before come to trade you need huge study about market tendency, about the coin price.
Where you invest what was its previous history. How much you should keep hold
At first some question comes into front.
1) Lose my money
2) Time killer but not productive,
3) I will not make profit
I think these issues are bugging on your head. Bitcoin is now global currency . A lot of international marketplace allow BTC right now. So there is no chance to lose your money. Obviously there need some time to make profit. But undoubtedly you make profit. I want to give some tips for the newbie of cryptocurrency. At first you should invest very small amount. Before come to trade you need huge study about market tendency, about the coin price.
Where you invest what was its previous history. How much you should keep hold
Trading is not that much harder,it is just buying and selling the crypto currencies so you don't have to be afraid of doing this and also be strong on your decision and don't look at your losses it is just a lesson and move on to find the better strategy.Remember that you are not a loser until you loset your self confidence of getting successful into something.
On bear market time we cannot accept the price changes and price fall we see in the market mate.
I see the people invest and wait for some months to take some returns so finally they will get the reply from the marketplace movement. As the same side investment and demand will increase accordingly.
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.
Best advice is for you to get started and then see for yourself how far you can go 
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.
Hey, At first you need to learn about trading. So you can take help from any expert trader, youtube or you can join any telegram group for learning about trading. After learning you can start trading. 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 fear you may not be going to profit more from day trading as you may need high capital in order to earn better results and you need to have better experience, knowledge, and skills to go for it you may try with small amounts of capital to gain those experience and knowledge, there are risks for day trading so be wary most especially for cryptocurrency due to its fluctuations, gain and build confidence by starting with legitimate coins like bitcoin, eth and more you will overcome that fear.
We have many guide lines to learn about starting trading but you just need to read this topic because many people have learned to trade and start trading Just read here in the forum anything you want.
Hi
Here are five tips that you may find useful:
1. Trade only an amount that you can afford to lose, and never put your "food money" on trading. (In Crypto or any other market)
2. Do not connect emotionally with any of your trades, regardless of whether you lose or win.
3. Only knowledge will give you confidence, so do your job. You know what they say: First learn, then earn.
4. Find the platform that best fulfills your needs and strategies.
5. Even the most experienced traders will always feel a little bit of fear. It is entirely reasonable, so learn how to deal with it and find the way for it not to be a factor in your decision-making process.
Above all, always make well-educated decisions, engage the market, and use the tools it offers. Amazing advances are being developed 24/7; MOONBLOCK is developing disruptive, relevant, and SMART tools that will bring all the market data to your fingertips.
Check them out at www.moonblock.ai
Here are five tips that you may find useful:
1. Trade only an amount that you can afford to lose, and never put your "food money" on trading. (In Crypto or any other market)
2. Do not connect emotionally with any of your trades, regardless of whether you lose or win.
3. Only knowledge will give you confidence, so do your job. You know what they say: First learn, then earn.
4. Find the platform that best fulfills your needs and strategies.
5. Even the most experienced traders will always feel a little bit of fear. It is entirely reasonable, so learn how to deal with it and find the way for it not to be a factor in your decision-making process.
Above all, always make well-educated decisions, engage the market, and use the tools it offers. Amazing advances are being developed 24/7; MOONBLOCK is developing disruptive, relevant, and SMART tools that will bring all the market data to your fingertips.
Check them out at www.moonblock.ai
Trading is not that much harder,it is just buying and selling the crypto currencies so you don't have to be afraid of doing this and also be strong on your decision and don't look at your losses it is just a lesson and move on to find the better strategy.Remember that you are not a loser until you loset your self confidence of getting successful into something.
It is like swimming, you need to jump into pool to overcome your fear and learn how to swim, it really does not matter much if you watched or read lots of thing related to trading.
People advice will not always working well because to being an profesional traders it depend on your knowledge and your skill to predict the price movement and all of it can you get from your personal experience during trading but do not fear to start something that you consider is right and you should remember all of the things in this world have their own risk
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.
It depend on your ability, you can get more experience after long time trading, no one can help you immediately.
now everyone must be panicking to see the price of coins in the market trading, start trading when the price of BTC coins rises, if you can trade or invest in BTC coins in the long run, if the price of BTC coins goes up we will profit a lot.
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.
Short term trading? Not like these fears would affect you that much anyway since you're in your momentum in the trade and you'll know where to halt, but unless that you're waiting the coin for so long and you feel that you haven't been earning that much and that could be where the impact of fear could take place, but not to worry. It is like just the ride is lowering down to let others have their ticket to the moon although moon is almost an exaggeration these days.
For me trading will always be associate with fear specially in bear market
but you can add confidence in your trading if you are backed up with TA and FA and your preferred strategy
in your trade.
but you can add confidence in your trading if you are backed up with TA and FA and your preferred strategy
in your trade.
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.
Well, for me, I think it's mostly about the mindset. If you are serious with becoming a trader, you should embrace it's cons much like you embrace its pros. One should know as an investor that everything has its fair share of risks, especially in this market that actually has a lot of risks and doubts involved. Therefore, it should be part of your strategy or tactic to deal with losses and make sure that when those moments come that you don't give up easily and see why you had those losses.
Firstly you have to use money that afford to loss, and then you have to learn technical analysis to determine support and resistance area to decide best are price to buy and sell. After that learn also about risk management to minimize the risk, like use stop loss whenever bought crypto, and you should be have monthly target profit.
Even with using money you can afford to lose, you have to be sure you have a good knowledge and from the knowledge you have been able to get a good strategy to keep you going at least. There would still be some hiccups and mistakes in the middle of it all, which is why it is necessary to trade so little and also learn capital management.People, who rush in a lot, always end up not gaining any confidence at all from their experience. The advantage of gaining the experience is so you can eventually get confident with your strategy. As per some professional trader's view, one should get into trading even he is afraid of losing capitals because for some people only practical things alone may give them enough confident and waiting for starting after get rid off the fear will never find an end.
Afraid of what bad happening or to lose your capital is a normal emotion and part of our life but to panic selling of what happened like the situation now in the market are not a good idea. Of course if you entered in crypto investment you need to control your emotion you need to know also the volatility of crypto.
First, you need to keep in your mind that trading is risky and invest only in trading what you afford to lose because it is really hard to earn profits, second , you need to study , because trading need knowledge, third, you need to control your emotion and keep reading and research about trading.
I think this may be best applied when the market enters the uptrend. If the downward trend continues, these may become useless as investors' sentiment will be greatly affected. Personally, I only invest safely and will sell when I get a good profit Jump to: