you need to overcome your fear of losing money - page 46.

Kevin77

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Quote from: (altair) on March 31, 2017, 12:46:03 PM

of course you should overcome the fear of losing money specially in trading,
You could never gain some profit if you are so scared to bet some.

There are traders who are sharing like being scared saved them from unexpected fluctuations. So, getting fear of loss may work to warn you also. But instead of depending on these inner thoughts, just depending on our skills on analysis will help us in much better way.

But overcoming our emotions and taking control of our emotions will always help any trader to shine with their performance in trading. Because most of the time the decisions which are taken under pressure will make the traders to face losses.

It would be better to stay away from markets if you get fear of loss. Because losses and struggles could be avoided this way.

(altair)

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of course you should overcome the fear of losing money specially in trading,
You could never gain some profit if you are so scared to bet some.

deisik

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English ⬄ Russian Translation Services

Quote from: grandy on March 26, 2017, 03:13:58 PM

Quote from: bitbob82 on March 25, 2017, 04:11:22 PM

Quote from: Gaaara on March 24, 2017, 11:22:39 AM

Quote from: micher143 on March 23, 2017, 09:50:50 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better.

yes that is right to say that if you have fear in investing money the you cannot make money from trading and investing. you need to overcome your fear first and only they you can show a good result from trading.

those people who are affraiding in trading to lose money then they cannot make money from trading. i think only those people who are fully confident in trading and investing money without any fear they can really show good result in trading

I'm afraid (pun) this is nowhere near the case

People which don't have fear usually don't end up well either in any endeavor and still more so in trading. Reckless and wild trading is a shortcut to wasting your capital, time and effort. It is not fear itself which is detrimental, it is fear that got out of control that can be fatal. Learn to live with it. As famous Cus D’Amato once said, fear is like fire, it can warm you in the winter and cook your food when you’re hungry, but let it go out of control and it can hurt you or even kill you. These are the basic principles which are applicable in any field of human activity

mastermold

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In trading you need to overcome any type of emotion. Trading is not at all for emotional people. We shouldn't fear of losing money or become happy after making some profits. We need to be calm and practical in trading.

Kemarit

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Quote from: KennyR on March 31, 2017, 07:08:28 AM

Quote from: jossiel on March 31, 2017, 06:26:53 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree with OP, losing is part of success and it's part of trading. If you haven't experience to lose in trading, it's impossible.

Most of the traders are experiencing lose, it may not be daily but for sometime we will experience it.

Even the very professional traders, they are not exempted with lose and if you overcome the fear of losing.

It will make you grow and your own your way to success.

Losing is part of trading as well gambling, how professional you might be the loss always accompanies with it. To overcome the loss only way is to be active with the market moves. Without expecting big trying to make profit out of the small price variation makes trare avoid losses.

Yes just considered losing part of the game. Just don't get frustrated and its really hard specially for beginners and you might to give up already. But you also have to spend time and ponder because even the greatest of investors experienced loses. Its how you battle the worst market that throw at you. You have to lost some money on the way to earning tons of it. Then it will be sweet feeling knowing the roadblocks that you go through at the end.

bitcoinisbest

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This is one of the entrepreneurial quality that have and set aside the entrepreneurs from the service people. As the risk of doing business is rewarded with the opturnities and money as well while in service the growth depends upon many factors within the organisation itself.

Also people in service cannot take risk that easily and like to be safe.

KennyR

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Quote from: jossiel on March 31, 2017, 06:26:53 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree with OP, losing is part of success and it's part of trading. If you haven't experience to lose in trading, it's impossible.

Most of the traders are experiencing lose, it may not be daily but for sometime we will experience it.

Even the very professional traders, they are not exempted with lose and if you overcome the fear of losing.

It will make you grow and your own your way to success.

Losing is part of trading as well gambling, how professional you might be the loss always accompanies with it. To overcome the loss only way is to be active with the market moves. Without expecting big trying to make profit out of the small price variation makes trare avoid losses.

jossiel

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree with OP, losing is part of success and it's part of trading. If you haven't experience to lose in trading, it's impossible.

Most of the traders are experiencing lose, it may not be daily but for sometime we will experience it.

Even the very professional traders, they are not exempted with lose and if you overcome the fear of losing.

It will make you grow and your own your way to success.

el kaka22

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Quote from: wuvdoll on March 30, 2017, 09:45:56 AM

With failure in emotion control, no one could make profits anywhere because out of emotion failure they will change their plans frequently and finally will collapse everything.

Yes, fear of loss will always lead traders changing their predetermined plans. I guess that will be very dangerous one because you should never go for adhoc plans because under pressure no one could make right decisions that is general truth. We must work on how to deal about an expected event so that we could be somewhat prepared to face them.

Trading is all about getting ourselves prepared well in advance. To overcome fear of loss we must need experiencing similar type of situations with demo accounts itself. Experience must be very helpful asset for trading, only with it we can find trading profitable for us.

wuvdoll

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Quote from: pinkpanther03 on March 30, 2017, 09:03:51 AM

Quote from: richardsNY on December 03, 2016, 07:24:12 PM

If you understand what the risks of trading are, then you'll also realize that profits aren't guaranteed. It will require skills and experience that may cost you years to build up. And even then you aren't guaranteed any profits. What you are saying has more to do with a yolo trading style. And this trading style isn't any different from ordinary gambling.

That's the reason most of the time why some of the other business minded person are always getting to failed because of their such emotional feeling which it they can't control were in the end if they neglect due to fear no wonder if they will face losing of money.

Emotions will come into play when we are not good with our activity. When we are very much confident about what we are doing, we can be cool minded and profit making will be guaranteed. Fear of loss in trading is most common for any trader but traders will get rid of this by experience and by having strong technical analysis.

With failure in emotion control, no one could make profits anywhere because out of emotion failure they will change their plans frequently and finally will collapse everything.

pinkpanther03

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Quote from: richardsNY on December 03, 2016, 07:24:12 PM

If you understand what the risks of trading are, then you'll also realize that profits aren't guaranteed. It will require skills and experience that may cost you years to build up. And even then you aren't guaranteed any profits. What you are saying has more to do with a yolo trading style. And this trading style isn't any different from ordinary gambling.

That's the reason most of the time why some of the other business minded person are always getting to failed because of their such emotional feeling which it they can't control were in the end if they neglect due to fear no wonder if they will face losing of money.

geopolisch

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Quote from: SONG GEET on March 28, 2017, 10:08:03 AM

Quote from: bitbob82 on March 25, 2017, 04:11:22 PM

yes that is right to say that if you have fear in investing money the you cannot make money from trading and investing. you need to overcome your fear first and only they you can show a good result from trading.

But sometime fear and panic can also save you from losing so much. Recently i have placed long position on ETH but soon after few hours, price of ETH started to dump hard because of pump in BTC. I got panic and close that position for around 0.10BTC loss, and figured out that i could have lost all my bankroll by today if had left that position open till now. Shocked

There is one simple trick/aspect you might be missing with your trading career : STOP-LOSS. It should be fixed as part of your technical call generations as no one could be smart enough to predict the future price movements like only positive movements to happen once we jump into market. If you will be missing this important factor of technical analysis, I am not sure that your fear of loss will always work in favour of you.

By having proper stoploss levels, we can have the chances to overcome the unnecessary emotion failures. When we are with peaceful mindset, we will be able to take accurate decisions for sure.

SONG GEET

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Quote from: bitbob82 on March 25, 2017, 04:11:22 PM

yes that is right to say that if you have fear in investing money the you cannot make money from trading and investing. you need to overcome your fear first and only they you can show a good result from trading.

But sometime fear and panic can also save you from losing so much. Recently i have placed long position on ETH but soon after few hours, price of ETH started to dump hard because of pump in BTC. I got panic and close that position for around 0.10BTC loss, and figured out that i could have lost all my bankroll by today if had left that position open till now. Shocked

Natalim

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Quote from: whizter on March 26, 2017, 07:54:18 PM

Quote from: dearbesz1219 on March 26, 2017, 12:29:20 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success.

yes that is too much important, if you want to become rich from trading you need to overcome all your fear. if you have fear in your heart that you will lose your whole money then you cannot make money in trading and you also cannot become a good trader.

Fear and uncertainty will be the hindrance for your success, you need to overcome that by making yourself ready, by being ready means you are fully aware of what you are doing. Educating yourself first before the actual practice is a must, a trading plan should be device and once it's perfected you need to carefully try it in actual practice, it's more on adjustment after adjustments as trends does not normally repeat itself, it chances from time to time as the market moves, therefore be always updated to make a right decision when needed.

whizter

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Quote from: dearbesz1219 on March 26, 2017, 12:29:20 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success.

yes that is too much important, if you want to become rich from trading you need to overcome all your fear. if you have fear in your heart that you will lose your whole money then you cannot make money in trading and you also cannot become a good trader.

grandy

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Quote from: bitbob82 on March 25, 2017, 04:11:22 PM

Quote from: Gaaara on March 24, 2017, 11:22:39 AM

Quote from: micher143 on March 23, 2017, 09:50:50 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better.

yes that is right to say that if you have fear in investing money the you cannot make money from trading and investing. you need to overcome your fear first and only they you can show a good result from trading.

those people who are affraiding in trading to lose money then they cannot make money from trading. i think only those people who are fully confident in trading and investing money without any fear they can really show good result in trading.

raven7886

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Quote from: dearbesz1219 on March 26, 2017, 12:29:20 PM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success.

What you are saying will be only possible when the trader is preferring to learn from his mistakes and when he is ignoring to learn from his experiences then facing losses will become a continuous story which may land into tragic ending too.

Continuous updating of our knowledge is more important for successful trading, for this losses will be helping traders. But we need to spend time to analyze those losses for not repeating. Otherwise losses will not help in positive way.

dearbesz1219

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Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success.

deisik

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English ⬄ Russian Translation Services

Quote from: Gaaara on March 24, 2017, 11:22:39 AM

Quote from: micher143 on March 23, 2017, 09:50:50 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better

I don't think there is such relationship at all

If people fear losing their money that doesn't in the least mean that their chances of winning are necessarily lower than the chances of losing. They are just afraid to invest for whatever reasons, and the reasons for that may in fact have nothing to do with any real risks or chances. Just like with unbridled and rampant optimism where people blindly believe in something (e.g. that they will earn a lot of money), it is the same with unfounded and unjustified pessimism. Both have nothing to do with reality since they are mostly stemming from emotions of an individual, not rational reasoning which itself has more chances for realistic estimation of investment risks (but doesn't guarantee accurate estimation either)

bitbob82

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Quote from: Gaaara on March 24, 2017, 11:22:39 AM

Quote from: micher143 on March 23, 2017, 09:50:50 AM

Quote from: Idrisu on December 03, 2016, 03:33:11 PM

Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

Yep. It's a part of trading. It cannot be always earning. Ofcourse if there is earning at the same time it has loosing. You need to overcome your fear of loosing because if doesn't trading will be hard for you and you will not earn the higher value you want. If you do not bet your money, you just like throwing all the winning opportunities and ofcourse you make yourself a foolish in not accepting all of chance to win. So you must overcome your fear. Do not let your fear eats you.

Yeah but you know people who fears losing has the higher chance of winning, if people fear losing their money then they won't invest if the chance of winning is lower than the chance of losing, I guess people only lose to learn but you should never start to see loss as normal. I think the term "Never let greed eats you." Fits for the investors better.

yes that is right to say that if you have fear in investing money the you cannot make money from trading and investing. you need to overcome your fear first and only they you can show a good result from trading.

Topic: you need to overcome your fear of losing money - page 46. (Read 52919 times)