What are some typical errors traders make when their fear of losing takes over their decision-making process?
1 Like
It’s not really an “error,” but more like an effect of this fear. 
I guess, the most obvious one is not taking the trade at all, and regretting it once you see it could’ve been a profitable one. 
You then try to make up for it in your future trades and go for it, and end up with losses. 
1 Like
Yes, closing the trades too early and missing out on potential profits.
1 Like
Closing a trade too early.
Jumping in a revenge trade to make back one you just lost.
Not trading at all because you can’t make a decision.
Impatience, leading to overtrading.
1 Like
That I would say depends on the situation and how sure you are of your take on the market, it can just make you change your SLs and TPs, or even cause you to convince yourself to not enter at all, but an important part of the job is to accept possible losses and trust your setup. At least that is what I have been hearing online and I think there is some merit to it.
1 Like
When fear of losing takes over a trader’s decision-making, they often make several key errors. Overtrading becomes common as one tends to recover losses quickly, increasing exposure and risk. Fear can lead to cutting profitable positions short, missing out on potential gains. Staying disciplined and following a well-defined trading plan can help avoiding these mistakes.
I’d kitty say closing too early and missing out on the move or setting stops too tight that it “chokes” your trade. 
1 Like
I agree with everyone else that replied here, so rather than repeat what they’ve already wrote, I’ll give another perspective.
First of all, fear of losing is, believe it or not, a sign of progress. The rose-tinted glasses are off, the trader is now well aware that the market takes no prisoners. So all in all, a healthy fear.
But the trader’s fear comes not from lack of confidence in his/her system (like most believe), but more a lack of confidence in his / her ability to manage losing positions, simply because he / she never practiced it so never got good at it.
1 Like
reading this, I think I’m in the same page. Thanks i need to work this out
totally agree, always miss the point " stick to your trading plan" 
Patience in trading is a must for every trader i think. We need to be patient and follow our trading plans. Thanks btw
thanks for the advice.
Different perspective that really sound, thanks and you’re right, a lack of self confidence can lead to fear of loosing.
Following the trading plan is easier said than done. It’s something I’m working on too.
1 Like