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Trade
Fear in trade
Almost every trader feels fear in trading throughout the learning process. It is possible that some excitement accompanied by a speculator and on, but that fear is still going. If the person only recently started working on a real account, he will have worries related to the possible loss of funds and not only. Of course, in such a difficult psychological condition is quite difficult to be objective in making decisions on the market. People often make mistakes, commit rash actions that, as a rule, lead to financial losses work.
Causes of fear the trader is different, but the most basic is separately:
• fear of losing money
• experiences for beginning new activities
• excitement due to the lack of confidence caused by lack of experience
• a man is worried, what was wrong in the system
Of course, there are other reasons for concern, but the most common can be considered is listed. To get rid of the fear of loss of funds, you must reduce your trading capital by withdrawing part of the money. In this case, people will continue to trade on the smaller deposits, that not so much will have to bother him. For example, for the purpose of familiarization with the trade you can open a cent Deposit.
The second problem stems from the fact that starting a new business, which the man considers for himself as a progressive, inevitably, there will be unrest. The trader is preparing to work, reading materials, practiced on a demo account, then it's time to test your strength as a currency speculator on a real Deposit.
Excitement because of the lack of confidence in themselves, their power in the market, this is the normal condition of the novice. Not difficult to guess that this trouble can be overcome by gaining experience. The more successful people will work, the quicker he will gain confidence in their actions. In addition, the positive effect on confidence, as the trader, will have a volume of obtained human knowledge.
The last problem from the above list, is the deception of their own expectations. The person reads the material, talks on the forums, practiced on demo and cent accounts and, therefore, expects positive results in trading. The trader in this case is afraid to be disappointed in the trade, worried that the effort will ultimately completely useless.
At the beginning of trading way a large number of fears in humans. Gradually, as increasing shopping experience, increasing knowledge and so on, the speculator becomes more self-confident, knows how and what to do in the market, not too worried about your account. The better we are ready to trade, the more we have reason to believe that everything will work well, the quieter the trader will behave in the right moments. Thus, the number of errors committed in trading will be significantly reduced.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 282
| Rating: 0.0/0 |
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