Very often we are haunted by the fear of losing money. The best way to overcome this fear is to learn to suppress the urge to always be in a trade. Do not dwell on your past failures and losses.
Even if you have already lost your funds several times, you should not consider yourself a failure, just analyze your mistakes and try not to repeat them. Greed in itself is a bad quality, it can interfere not only in trade, but also in life. The most striking example is to miss a deposit in pursuit of a small income.
This is a mistake that newbies make all the time, they think they need to be trading in and out of the market all the time to make profits which is why they want to become day traders, and yet someone that makes just a few trades each year could be way more profitable than day traders and the best part is that he will pay very little in terms of fees and transaction costs and if you hold your position for long enough you could even avoid paying taxes legally. Even if you have already lost your funds several times, you should not consider yourself a failure, just analyze your mistakes and try not to repeat them. Greed in itself is a bad quality, it can interfere not only in trade, but also in life. The most striking example is to miss a deposit in pursuit of a small income.
