Kavya TKnowledge Contributor
What are the different types of fear that exist while trading?
What are the different types of fear that exist while trading?
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That’s easy. Here are the 3 main fears in trading, although I’m sure there are many more:
Fear that comes from not knowing what to do in a given situation
Fear of missing out on a good trade and not making money — causes traders to enter positions too early or enter a position before fulling considering if the trade should be taken
Fear of being wrong on the trade and losing money — fear of entering the trade in the first place, or fear to take a small loss when you should and allowing it to turn into a big loss