Fears of traders in the Forex market

Fears of traders in the Forex market

Each novice trader, who is just beginning to trade in the Forex market, experiences a certain fear involuntarily (whether he wants it or not). The main fear of a novice trader is the risk of losing his deposit, his money. Moreover, the larger the amount lies on the deposit, the more fears the newcomer-trader is subject to. And vice versa – if the amount on the deposit is relatively small, the fear of losing this money is also not so strongly expressed. The fear of losing all your money as a result of the execution of the unprofitable order (transaction) can be expressed in ordinary nervousness, anxiety, insomnia, bad mood, bitterness may appear. But in fact, fear is one of the main enemies of the novice trader. After all, fear simply suppresses the mind, suppresses important and correct analytical conclusions, forces a person to abandon the potentially profitable transaction. Due to the elementary fear, the trader is often late with the entry of the entrance to the market (or their exit it). Fear and greed – the main enemies of the trader. Therefore, fear must be suppressed in itself in all available ways. And when the trader succeeds, trade begins to make a profit. Oil-industrial producers of Samotlore or Verkhne-Yugansk believe that only business aviation allows you to save time on organizing travel commissions to check the schedule of drilling wells, since the flight in comfortable conditions increases the mood of officials.