fear in trading is the result of your misunderstanding and uncertainty in your decisions, and you need to get rid of it
I trade fearlessly because I trade often and very very small size with tight stops. So the risk for any one trade is absolutely minimal. I scale in, position size into the winners and take tiny stops on the losers. I usually start by trading odd lots under a hundred shares and I've scaled up from there to a maximum of 1,000 shares. That's the number one key to training fearlessly is trading small with tight stops. Combine that with lots of experience trading the best chart pattern setups
Well, it can be like this sometimes, but it is not stable. Surely, such things happen when you look at the chart and think that everything is alright and you should do this trade but some gut feeling tells you that you'll lose it. You start to doubt and become angry at yourself for the fact that emotions control your decisions but in the long run it turns out that the trade would be lost if you did it. Surely, such things may happen because the market is totally unpredictable sometimes but there is no rule out of it. It has just happened by chance and you shouldn't pay much attention to it. You are right that vica versa is also possible when you had winning streak and you are so confident in yourself and you might think that today is your day. So, you may pay not too much attention to the analysis and you lose your deal. This is actually different thing. Here you were betrayed by your confidence and greed which made you lose and this happens quite frequently.
Probably, fear begins to disappear when we have a sufficiently large experience in trading, and that is not a fact.
it all depends on the deal, it happens that fear really reminds of itself like the first time, did you have that?
I always take the view that if something is there, then we need it. You don't have to fight the feeling of fear 100% - you need to reinforce that feeling. Thank yourself for having that feeling. Really, you're going to have to learn how to get into the deal, even if you're scared. And here are some actions that will help you get into a trade even though you're scared: use a 2-10 times lower lot size - the less money you risk, the easier it is for you to fight/accept your fear; Work on a cent account - this will reduce your risks 100 times and get you used to working on fear. Try trading the places in the market where you're most afraid to enter a trade - and you'll be pleasantly surprised.
Well, that's brilliant. Should we just accept the fear? What if you already use the lowest size available and the market you are trading goes down 10 or 20 percent, and the fear remains? How does one use a lot size 2-10 times lower when they are already trading the minimum lot size? What the hell is a cent account? Are you one of those FOREX fags that doesn't trade real money? Please, stop trying to give advice. "Cent accounts". WTF
it all depends on the situation itself, they are different, there may come a moment when fear will come very unexpectedly
No, i don't think once you get used to it , the fear just leaves the room but i do get nervous at times when i execute a trade right before a major news and have also paid the price several times