Fear in its myraid forms is the most uniquitous of trading emotions, followed in a close second by its partner, greed. So common are these two emotions that they have become cliches to represent in simplicity the whole of the complex trading experience. Fear in a nutshell is something that we afriad, worry and also dun feel at ease with.
We fear of everything, from small losses to total financial ruination, even when we are winning we also fear that we will lose all the money back to the market. We fear failure. We even fear success. We fear of unknow, and in trading everything is unknown because the future is not knowable. We fear the news, and we fear there will be no news. In a nutshell, we are afriad or we are afraid we will become afraid.
read more..."Applying fears to hopes, and hopes to fears, Still losing when i saw myself to
win" by William Shakesphere
1 comment:
I have read and heard many times that there is no space for emotions while doing trading. To be a successful trader it is advised to have a proper control over emotions. You have nicely explained how fear affects in trading. Thanks.
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