How To Overcome Fear

[BinarySumo]

Here’s what you can do

1) Focus on developing a consistent and well-thought-out trading plan, and sticking to it even when emotions such as fear arise.

2) Set clear risk management strategies, such as stop-loss orders, to help manage potential losses and protect against potential losses

 

[Gaspard Edwards]

1. Understand your fear: What triggers your anxiety in trading? Is it a specific trade, situation or market condition? Once you know what scares you, focus on learning how to deal with that fear rather than avoiding it altogether.
2. Be organised: When you're feeling overwhelmed by Fear, it's easy to make poor decisions based on panic instead of logic and reason. Having an organised trading plan will help keep yourself grounded during volatile moments and allow for more accurate decision-making under pressure.