This is the most difficult part of trading and that is what is keeping a lot of people out of trading including myself because losing money is not something cool at all. But the real part of trading that I will want is that I don't want to start with losing, if I can start with winning then I can manage any loss that will arise afterwards. The right crypto to go with is now the problem even the bitcoin itself now deserves more attention.
I think most users who try to venture into this market, do this because they need a way to make money on a daily basis. The problem is that, it is not possible to make a profit in this market every day. Sometimes it takes weeks to appear the opportunity of a good trade, because there will not always be opportunities where the level of risk is acceptable for the reward potential. I think the hard part is to identify such opportunities when they appear, and avoid taking unnecessary risks.
Topic: you need to overcome your fear of losing money - page 58. (Read 52932 times)
This is the most difficult part of trading and that is what is keeping a lot of people out of trading including myself because losing money is not something cool at all. But the real part of trading that I will want is that I don't want to start with losing, if I can start with winning then I can manage any loss that will arise afterwards. The right crypto to go with is now the problem even the bitcoin itself now deserves more attention.
I think most users who try to venture into this market, do this because they need a way to make money on a daily basis. The problem is that, it is not possible to make a profit in this market every day. Sometimes it takes weeks to appear the opportunity of a good trade, because there will not always be opportunities where the level of risk is acceptable for the reward potential. I think the hard part is to identify such opportunities when they appear, and avoid taking unnecessary risks. 
Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
Sometimes this fear is normal, when it comes to a feeling that tries to prevent the user from making wrong moves, but sometimes this fear can be the result of the behavior of someone who does not want to take risks. The fear can also be an indication that there is something wrong in the individual's planning, which is something really important, as you yourself said.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
If you got the coins for free like airdrop, you shouldn't be afraid to trade or even play the coins on DICE like on yobit. But if you worked for those coins like participating on signature campaign, it would really be hard for you to trade so you wanna make sure you trade well that you profit every time you convert to BTC. I have my fears still even when I profited after trading because for all we know the next day btc value can drop.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
If you got the coins for free like airdrop, you shouldn't be afraid to trade or even play the coins on DICE like on yobit. But if you worked for those coins like participating on signature campaign, it would really be hard for you to trade so you wanna make sure you trade well that you profit every time you convert to BTC. I have my fears still even when I profited after trading because for all we know the next day btc value can drop.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yeah it is, losing is part of a successful trading. No one here did not experience on losing, everyone here experience that and it is a normal thing. You are not in control on the dump and pump thing, if you lose on that make it a lesson and won't do it again. The best teacher for us trader is losing. If you didn't lose anything then you are not an experience trader i think.
I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market.To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
It is good sign to develop research skills every time because without learning we cannot able to make profits in trading. Trading always need market analysis which will always drive him to make profits, without any analysis of market you cannot move forward ultimately you will afraid of inesting into trading.
Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
Sometimes this fear is normal, when it comes to a feeling that tries to prevent the user from making wrong moves, but sometimes this fear can be the result of the behavior of someone who does not want to take risks. The fear can also be an indication that there is something wrong in the individual's planning, which is something really important, as you yourself said. 
Every job in this world have their own risk , even your life ( For example : for next second , you will never know that your siblings may got heart attack )
But we can minimize the risk by do some investment ( for example : invest on bitcoin about 10% from main salary every month )
Life goes on so we must move foward to the future , not the past !
But we can minimize the risk by do some investment ( for example : invest on bitcoin about 10% from main salary every month )
Life goes on so we must move foward to the future , not the past !
You have said it all. Forex trading has two approaches, because you can decide to trading it as a gambling or as a business. If you want to trade it as a business then you need to remove fears and bad emotions from it and the only way you can do that is by treat losing as part of trading.
This is exactly definitely a good advice that I read, in fact, once you really afraid or doubtful into it, I guess better not to continue to invest something so losing money will not push you to apply your bad emotion and fears. Because in trading fears and losing is really a twin of a traders.
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Sounds like something a scammer would say after a successful scam.
But he is right, in a way. If you are scared of lossing your money, means you didn't research enought what you are getting into. If you researched and you know what you are doing, then it all comes down to luck and you can't control luck, you should feel confident that you did your homework. So don't buy any random shit in hopes it will pump, buy something that's decent.
The problem is, there are no decent altcoins left that you could buy for really cheap with realistic chances of x10 your money.
Trading is always risky we can't avoid that.Everyone is doubtful whether he could get success or lose.But we have to take risk and go for investment.Otherwise we can't be succeed .We should overcome fear of losing money to be succeded. Those who are fear of losing money they hardly get profit from trading.
Fear of losing money in trading is normal and greed for taking high profits is normal too, what we need for overcome them are focus on our system trading/trading plan/rules of trading that be made by our self before entry to markets, we must follow the rules of trading that give us profit consistently and the system trading.
I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market.To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Yes, without any risks you also will not make any money, its as simple as that, you need to take some risks sometimes to get that money.
You're right if you really want to earn in trading you must overcome all of your fear. It's normal you have fear of losing all of your funds but just like what OP say you will need to face your fear just like in gambling bet what you can afford to lose. You will also need some strategies in tradingI do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market.To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
I do not despise the fear of losing, because in my personal case that is what drives me to prioritize a strong risk and money management as the main part of my trading style.
To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Caution is required in any type of investment. The individual who does not impose limitations, will have difficulties to choose the right moment to invest, and the right moment to sell. Such a failure may be somewhat critical in the market, especially in the cryptocurrency market. However, you also need to be aware that without taking risks you can not get great results in the market. To think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
with a good knowledge, experience and patience you have no fear in trading!
a good trader you do not come in one year, it takes years.
you should have no fear ... not in trading, not in Real Estate purchase, not in everyday life ....
Overcome your fear ...
You will feel better and make the right choices ..
Yes, without any risks you also will not make any money, its as simple as that, you need to take some risks sometimes to get that money.
You're right if you really want to earn in trading you must overcome all of your fear. It's normal you have fear of losing all of your funds but just like what OP say you will need to face your fear just like in gambling bet what you can afford to lose. You will also need some strategies in tradingTo think that caution is something negative that must be overcome is what usually leads the losers to end up their trading attempts without a penny in their pockets.
Yes when we are start accepting the reality of trading like "losses also a part of trading" then there will be no room for fear of losses while trading. Being over-cautious sometimes lead to many frustrations as you will not be ready to accept any minor loss too, that may lead to big losses sometimes.
Fear of loss could be overcome along with experience for any trader's case.
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