Hesitating and fear of execution

Beginner Questions Trading Psychology
43

It may have been said before, but for me, even after all the years trading, there is one sure fire way to fix fear in the short term. Reduce the amount of money you are trading to the point it is not an issue. I still do it after a few losses in a row. I will go back and trade about 20 to 25 percent of my normal amount. That works for me and I hope it does for you too!

J

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44

hi there everyone

thanks for all the answers and helps which may help many new traders to overcome their fear while trading , i created this post some time ago and i found a solution ( for my case ) , as i mentioned at first post my fault was to put all pressure on trading as first source of income with a small account size , i found a job and am also trading in my free time which helped me solve fear/hesitation problem , so my advise is to not to quit your job too early because of trading , there are rules in this game , and each account size has it’s own profit size limitation ( if you follow money management rules which you MUST do ) so that was the solution , hope it helps , thanks everyone for support <3

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45

I totally agree. Don’t quit your job just for trading. It takes the pressure off and helps you trade more calmly. Balance is crucial.

46

Definitely time management is an important factor. Glad you are taking it slow. Hope everything works out for you.

47

Maybe “set and forget” is for you? This kitty understands that you can get the jitters when you see that your trade idea is “Live” and that some of your hard-earned money is at stake! :scream_cat:

So here’s the plan.

  1. Study and plan in advance.
  2. Set pending orders conditional on the setup you’re looking at. Don’t forget your Stoploss and Take Profit! You can also toy around the idea of a Trailing Stoploss for trend-following ideas.
  3. Do NOT open your trading platform midday. Don’t try to pull stops or adjust on the fly. Your emotions are your enemy. Stick to your plan and don’t meddle in its execution! :smile_cat:
  4. Open your trading platform at the end of the day to evaluate and summarize operations. Adjust and improve where you can based on performance results. :smiley_cat:

I hope that helps!

May you break resistances and reach new highs!

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48

Hesitation and fear often arise from uncertainty, and that can be tough, especially when the market moves fast. I scale down and start with smaller positions to ease the pressure. Use simulation tools also sounds like a great way to practice without the risk. It help me build confidence in executing trades in real time.

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