Controlling Emotional Fear


#1

I am hitting all my targets in Game without fear. But when it comes to reality i fear lot to wait for hitting my targets & then i exit all my positions and later see the target hitting.

How can i control my Emotional Fear?


#2

In game? The moneycontrol game?
You should assign a stop loss at appropriate level.
Whenever you see some profit, book it! Don’t be greedy.


#3

Nope not moneycontrol.
Its dsij.in.

I use BO in both game and Reality


#4

So, your targets are hitting in every trade? I mean you open a position, you square it off and then it reaches target?
Always this case? There must be many trades where after hitting stop loss, the price does not recover.


#5

Dont use any exposure. Just trade only with the money you have…

Watch Mark Douglas videos - Trading in the zone… there are some free videos in youtube


#6

I have been trading for the past 6 months and still couldn’t get out of this emotional fear. Most of the case, I lost either because of being greedy or due to my personal attachments with the trade I make.

Couldn’t agree more as this is something which haunts every trader :frowning: