It is about how you can overcome your fear when it comes to Forex trading.
You will develop fear for trading when you see your account's money grow less and less instead of more and more.
I have been there and that is why i know how it feels....
Here is the article
Overcome your fear of pulling the trigger.
Being afraid to 'pull the trigger' is a common fear that new traders experience.
This comes from a lack of confidence in your trading system and your abilities. It can also be a statement of your expectations if you think you should win all your trades.
Here is a list of things to consider:
1. Back test your trading system until you are convinced that it can make you money if you follow the rules.
2. Trade a demo account until you can prove to yourself that you can make money by following the rules.
3. Open a tiny live accountand trade this small account until you have proven that you can follow the rules while trading live.
4. Trade a position that is tiny, start with one micro lot, so that losses won't hurt your account.
5. Be ready to lose nearly half of all the trades you take. Once you accept that losses are going to happen, they don't have the same emotional impact.
6. Implement some kind of trade management so that when you do lose it will be less than what you win.
7. Accept all the responsibility for all of your trades. Ownership of your decisions will make you a more responsible trader.
8. Understand that a loss does not reflect badly on you as a trader. Most pro traders lose 30 - 50 percent of their trades.
In the end, losing is part of the game. You don't have to like it, but you do have do deal with it. The trader's who make money are not the trader's who never lose, but instead, they are the traders who actively look to reduce the impact of the loss.
Practice, practice, practice.
Get comfortable with the fact that trading needs your attention and that losses are just part of the overall process. If you stick to it, you'll find your trading legs.
happy trading,
Yours sincerely,
Check Out my other posts here- My Justinnation
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