Trading anxiety can lead to poor decision-making, increased impulsivity, and emotional trading, resulting in significant financial losses. It may also cause stress and burnout, negatively impacting overall well-being and long-term trading performance. Managing anxiety is crucial for success.
But thousands of people will ask you to automate your trading. ie don't fix the problem but fix the symptom.
ie he will forever be earning just a penny trading a micro lot. And the moment he upsizes to a full-size lot, he will panic and he will downsize to a micro lot. And the whole cycle will repeat itself again and again. and he will never be rich.
Do not trade. A bit like saying "how to reduce smoker cough..." Or "how to reduce drinking hang overs" Jokes aside, size matters.
If you have trading anxiety, it means that you’re not totally prepared for something. Therefore, instead of managing the symptom (anxiety), manage the underlying cause. Learn to trade so you have faith in your skills. The only way you're going to learn PA is by spending hours looking at charts for similar example to your setups and ask yourself questions (while referring to your checklist) along the way. Since you trade FX, go and spend hours (each week) studying multiple pairs and TFs, and find how price reacts, find PA structures, understand why they work, understand the concepts, understand what to look for. Find similar examples with different nuances, asking yourself questions along the way. Practice strict risk control. If you master the two things mentioned above and still experience anxiety, then trading may not be for you.