How to conquer the fear of failure?


All traders that - then fear. May experience feelings of fear and novice and experienced, wise with years of practice discussed market trading. Fear - a major source of damage in the market. To overcome this strong feeling hard as hard as becoming a successful trader.

Fearful trader can begin promptly on new business, or vice versa, stop and think about the new developments. There are a number of reasons that can cause the trader a sense of fear:

• fear of loss of blood earned capital or savings;

• rejection and fear of being criticized friends or relatives;

• fear of poverty;

• shaken prestige tarnished reputation and can cause panic;

• One of the greatest fears - the fear of getting bogged down in debt.

In each case, the trader may feel completely different cause of his actions. Simply solve the problem, if the objective reason of fear of all, only one, but when a person experiences anxiety simultaneously in several or rhinestones in all directions - this is a real problem.

If time does not change the situation for a long time can lose confidence in themselves, and to work on the stock exchange is catastrophic. Also insecure traders often pursue life failure, particularly failure during the auction.
Win a difficult battle with fear inside can only really strong personality, so people under force victory over himself and to achieve their goals.

Millions of people come to the market to take money from him, and the loss of that money is the biggest fear for them. Some traders are influenced by fear of losing money on the deal, and the money is transferred to other, more successful and confident traders.

Losses increased fear of a different nature, and positive moments reduce their number and strength. That's why a lot of literature, articles and methodological techniques of market analysis written and designed to minimize losses - it is the only way to keep a sense of fear to grow to dangerous proportions.

There are several ways to combat "money" with it;

1. Trade necessarily on paper - a systematic analysis of market developments can mentally prepare for any outcome of the transaction.

2. Investing in the market is best done in a minimum volume, the amount of lost funds did not cause you deep disappointment.

3. Education kills fear - an approach to trading from a scientific point of view, positive results.

4. Learn from successful traders, remotely, from the literature, and better - in real life.

Famous traders also fear, but they are able to control their fear, and they are not afraid of losing, and earned millions they donate to charity. If you wish to win in the market - it will happen, and with it comes the ability to not only receive but also to give large sums of money.