Are You Afraid of Trading?

[Aanuoluwatofunmi]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

[doc]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.

[enwi]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.

Every trader in the world would agree that there is no way in trading that can be considered as easy and that everyone does go through a time when confidence is low because of unsatisfactory performance. Change is a constant process, and it is one of the elements that characterizes the day to day life of an individual. The most important thing is what kind of actions we take as a result of these situations and do not hesitate. Failure is not the name of the game, rather errors help in determining the bigger picture for the actual understanding of things. Of course there are occasions which the plan put in place perform well, there is times which the calculations go pear shaped but all of that is an insurance policy that prepares us for diverse market trends. It is important to state that at least what has been erected from the start isn’t insignificant, hence even though we continue striving, we may obtain even better outcomes down the line.

[alltalk]

in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.

Indeed. If someone isn't confident or courage, he shouldn't trade! We only trade because we dare to take the risks in trading, we don't only care with the potential profits. Sure, it should be safe if we always do analysis and we have sufficient knowledge in trading. It is only very risky if we trade with no knowledge and with no strategy. In this way, we trade like gambling, so the chance to succeed is very small.

[MUGNIA]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way

[jeraldskie11]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way

We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.

[Vx1]

Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way

Everyone who is new to cryptocurrency trading must have had such moments, but in the end we will also determine our attitude. If the habit continues, it means that we are not suitable for trading, and we should learn again to be able to determine our attitude faster. Keep learning trading, because this cryptocurrency trading has good potential.

[Chilwell]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

If an individual summon fake confidence and jump into the world of trading, the person should be ready to face a greater lose, trading requires more knowledge and understanding before someone will even think of starting trading. Knowledge of trading is not what someone can aquire in a very short term. It's important to understand the basics concept of trading and how it works because it will serve as a guideline for you when you latter become a trader.

[milewilda]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

If an individual summon fake confidence and jump into the world of trading, the person should be ready to face a greater lose, trading requires more knowledge and understanding before someone will even think of starting trading. Knowledge of trading is not what someone can aquire in a very short term. It's important to understand the basics concept of trading and how it works because it will serve as a guideline for you when you latter become a trader.

I dont see for it to be that a fake confidence but rather it was really just that a real confidence either. They would really be having that assumption that they can be able to make easy profits on the moment that they do trading on which this will really be just that not possible that they wont really be able to notice it out immediately on how hard to deal up with this market on which we know that it wont really be that something that so simple. Being having that kind of approach will definitely lead into loses because you will really be that thinking that you can do it and since other people was able to do so then you would really be thinking up the same. It is really just that there are people who are really just that too delusional whenever they have that become that too optimistic into the things that they are trying to deal on with.

[Mr. Magkaisa]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

        -     In trading, we still need to have confidence because without it, we will not be able to implement or apply correctly the things we learn in trading here in the crypto space. Although, there are others who want to learn trading but are afraid of losing in trading and if they have this mindset, they are not suitable for the trading industry.

Because of course, as traders, we also need to be risk takers as traders and that is what is really needed in reality, Because as you say, the trading we will do is we represent ourselves as traders, that's all.

[Nheer]

It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade

        -     In trading, we still need to have confidence because without it, we will not be able to implement or apply correctly the things we learn in trading here in the crypto space. Although, there are others who want to learn trading but are afraid of losing in trading and if they have this mindset, they are not suitable for the trading industry.

Because of course, as traders, we also need to be risk takers as traders and that is what is really needed in reality, Because as you say, the trading we will do is we represent ourselves as traders, that's all.

Having confidence in your own strategy and have the mindset to take your own trade and risk your own money is really the mindset of a trader and that will give you much confidence over the market and fear won’t be your problem cause you have overcome it by placing a entry with your own money. Trader needs to overcome this habit of fear  and be confidence with your own strategy. As a trader we need to know that the game is all about win or loss and that is really what is going to happen. After entering a trade and setting TP and SL you just have to wait for the conclusion either it hit your tp or sl that just the mindset a trader need to stick to.

[Legion]

Having confidence in your own strategy and have the mindset to take your own trade and risk your own money is really the mindset of a trader and that will give you much confidence over the market and fear won’t be your problem cause you have overcome it by placing a entry with your own money. Trader needs to overcome this habit of fear  and be confidence with your own strategy. As a trader we need to know that the game is all about win or loss and that is really what is going to happen. After entering a trade and setting TP and SL you just have to wait for the conclusion either it hit your tp or sl that just the mindset a trader need to stick to.

Yes, Our confidence as traders will further get build when we do not have to depend more on the third-party advice or analysis but the decisions made by ourselves. This helps to establish confidence in the strategy that has been developed and also about TP and SL setting to act without being in the backdrop of fear. The results may differ but we are certain that all the decisions that have been arrived at have been based on the understanding of the parties involved hence leading to different results. Thus, as a result we continue to develop the skills and control emotions and fear which are a great contribution to developing a stronger attitude towards any decision that anyone wants to make in future.

[gunhell16]

I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.

Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.

Do you feel the same...or do you think this is NOT the right way to look at trading?

You know honestly speaking dude, I admire you, even though you've been here for a long time in the forum or crypto industry, you admit and accept to yourself that you feel that way about trading. I guess I saw in your personality the character of humility that that should really be our attitude.

Though I also seem to notice in you that you're trying not to worry, sometimes we can't help but worry about the crypto assets we have.
Although we all aim to become successful in the near future.

[Stuart]

I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.

I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.

[Nheer]

I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.

I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.

Without full focus on the market it will definitely be disastrous, but when one is dedicated and committed to learn the trading and focus and learn everything about it the trading will be a good and perfect place to earn massively. It really deserves time, commitment and a lot more if not without all this then you will be said to be a farmer going to farm without a hoe you will end up in big losses and huge losses which you will be left in trauma and thinking.
Having better understanding and knowledge of trading will gives you higher ups of making huge money from the market and following economic activity and latest news of the foreign exchange will gives you more information of a better analysis and strategy.