I think, to trade in forex does not have to have fear, because it is bad in the trade, with an exaggerated fear we are hard to place and difficult position to take advantage of our trade.
I think, to trade in forex does not have to have fear, because it is bad in the trade, with an exaggerated fear we are hard to place and difficult position to take advantage of our trade.
I'm afraid only when I mistakenly open an order with higher lot size. But rest of the time I'm quite ok as because I never risk 5% of my total equity at a time. Anyways I use to risk my up to 50% in my previous days and got margin call regularly. But now I'm much rectified and patient.
I think it's no need to be fear if there is good money management and good risk management to limit loss
in every transaction. If I can become discipline traders, I won't lose more than I could afford to take so
good money management is important part in forex.
If you do trading with best money management planning you can earn money and become safe from more risk. but if you trade with low investment and take big spread size or lot size you are always in fear to loose your money.
right master, whenever i want to open position afraid of loss always in my mind, because when not in a profit, i could not close my eyes and always see the monitor, when it becomes profit again
I fear a lot of follow up transactions in the forex market due to the movement of candles and increase the profit and loss increase at other times they are a very difficult period ordered by the contracts during active I do I select a particular goal and leave the MetaTrader nor am following
that to me every opem position that I did indeed take risks but with a good and proper analysis can reduce the level of fear than it is to use SL and TP to minimize losses that may occur and can maximize the benefits that we want
I think MM is very important for lock in your account from suffer MC. we have to make good money management prior to start deal.
The fear will disappear if you use money management properly. Apart from that you also can eliminate the fear is if you use SL. It can prevent the larger losses and also can prevent our accounts from the ruins.