How Can I Get Rid Of Fear Of Loss In Trading

[Rana590]

Don't try to get huge profit at a time. It is better to close the position after getting 5-10% profit from a single trade. It is not good strategy to invest all the asset in a single crypto currency. It is better to divide the capital and invest on different crypto. More market research and enough knowledge about trading can help to success in this sector.

[oyitoto]

Know what you are doing 100%. I mean you need to have an accurate knowledge of blockchain and cryptocurrency as well as how to trade the forces of the market. Another very important factor is emotion, since you know what you're doing 100%, it is always advised to remove emotions completely in your trading venture. Do not fall in love with any shit!

[jimoltem]

You need to be simpler and not worry about the money, in any case, you can earn it again later, or wait until the shares go to 0 for you.

[nakmantu99]

You need to be simpler and not worry about the money, in any case, you can earn it again later, or wait until the shares go to 0 for you.

Worry is the human.
That's normal we  feel worry, fear etc
But I think If we have knowledge and experience of trading, we will keep calm and always optimistic.
Trading is good way to gain profit

[Rana590]

You need to be simpler and not worry about the money, in any case, you can earn it again later, or wait until the shares go to 0 for you.

Worry is the human.
That's normal we  feel worry, fear etc
But I think If we have knowledge and experience of trading, we will keep calm and always optimistic.
Trading is good way to gain profit

Actually it needs real time experience also. Without proper implementation of our knowledge, it is useless for me. Obviously trading is a good way to gain profit but it is also the reason that many people are losing huge money for trading.

[I-Bit]

The only way is how we will behave in this crypto market. Firstly, when you are entering the crypto market, what is your purpose? What is your intention and are you ready for the risk?
You must be ready for the risks, control yourself not to panic in this situation, and utilize every market condition to take profits. Being calmer and wiser are helpful enough

[hobo66]

At starting point you will face certain problems but as the time goes there will be arises clear ways for you because you will get experience. One more thing is that you must concentrate and focus on exactly what is your purpose and work better to achieve your purpose.  It will help you to overcome your fear of loss. Also invest little money in the beginning

[iamwarhawk]

I can suggest by personal experience that only and only technical analysis can make you a fearless trader, in crypto, there is always the risk of even the pro traders cannot predict the market 100% accurately, but by educating ourselves we can minimize that fear of not trading.

[Scorpio-RebelliousTV]

It is normal for traders feeling the fear of loss in trading, because you are risking your hard earned money in order to earn profits, and there are also a chance you might risk losing your hard earned money.

I think for traders who used only their spare cash in trading, their stress level might be lesser as they are still able to sustain some losses with those spare cash on hands.

[collinsjie]

Guys it feels terrible to tell but I fear too much while trading and have a lot of anxiety if this isn't normal then guide me to overcome these feelings.

The easiest way to get rid of the fear of loss in trade is to know what you are doing and be confident in what you are doing. Don't trade what you are not ready to lose.

[Primrose]

Face your fears instead of overlooking them. You won’t find a way out of your troubles until you see what they are and what they can do to your trading account. So, take the risks and don’t worry about failures.

[Anrate]

There are a number of ways that you can work to overcome your fear of loss. One approach is to start by trading small amounts of money in order to get a feel for the market and how it works. As you become more comfortable with the market, you can gradually increase the amount of money you trade. Another approach is to develop a solid trading plan and stick to it. This means knowing what your goals are and what you are willing to risk in order to achieve them. By having a plan and sticking to it, you can help to keep your emotions in check and make more rational decisions.

[Noverteno]

You need to be simpler and not worry about the money, in any case, you can earn it again later, or wait until the shares go to 0 for you.

It is impossible to completely get rid of the fear of losing your money when trading cryptocurrency, but it is possible to reduce your fear. Fear is our common emotion, which has both positive and negative sides. You just need to learn to control your fear. And this can be done if we feel confident in this market. And confidence gives us knowledge of this market and trading experience.

[scepsis]

Accepting the risks involved in crypto trading is the best way of removing fear. Fear only elevates the anxiety and hinders while making trading decisions.

[Arthur07]

Thinking of fear again and again only bring anxiety and anger. Even if you loose think of the positive side of it.