The Mind Battles Of Trading/Overcoming Fear

The one thing that most humans find the hardest to conquer when they start of as a beginner is the mind battles in trading. They constantly check their profit and loss status and if it is even temporarily in the red zone for 5 minutes they panic. This is something you have to learn to conquer over time. Removing your attachment to money and focusing on the consistency of the technique and skill actually working is key.

When you enter a trade, all brokers have their spreads. This is the difference between the buy and sell price. So for instance, if the spread on USDCAD is 2 and your stake size is £1 per point you P/L will automatically start off at -£2. This is how the brokers make their money (amongst many other methods). Seeing your P/L in the red zone in the beginning of any trade is normal and is how it will start off in most cases depending if price movement plays out quicker than usual.


Not every single trade you make will be a winning trade. What is important and what I do know is that you will end the month on top in terms of the balance your account begun with and the balance you will have at the end of a trading month, if you follow all the rules. Stay loyal to a strict 2% or below risk management rule so you will be in absolute control of how much of your capital you are risking per trade whilst aiming for double your risk per trade (when the set up occurs) which is 4%. This reinforces chances of trading success (and off course sticking to all of  the other rules at the same time)

Trading and life in general is all about perspective and the way you see things. Any time you do make a loss, the market is temporarily holding your money; it is not really a loss. That is the perspective I view losses from and I can definitely assure you that it works mentally.




    As the importance of an individual trade increases in the trader’s mind, the fear level tends to increase as well.

  • dog

    Wow! After all I got a web site from where
    I can genuinely take useful facts concerning my study and knowledge.

  • dog breed

    Awesome things here. I’m very satisfied to see your post.
    Thanks a lot and I’m taking a look ahead to touch you.
    Will you kindly drop me a e-mail?

  • borvestinkral

    Well I truly liked reading it. This tip offered by you is very constructive for accurate planning.


    I do not even know how I ended up here, however I thought this post was once great.
    I do not recognise who you are but definitely you are going to
    a well-known blogger for those who aren’t already.

  • dog breed

    I have been browsing online more than 3 hours today,
    yet I never found any interesting article like yours.

    It is pretty worth enough for me. Personally, if all webmasters and
    bloggers made good content as you did, the internet will be a lot more useful than ever

  • Hunter

    Howdy! I could have sworn I’ve been to this site before but after
    reading through some of the post I realized it’s new to me.
    Anyways, I’m definitely happy I found it and I’ll
    be bookmarking and checking back frequently!

  • zuowi

    I not to mention my buddies were actually looking through the excellent information and facts from your website and then at once I had a horrible suspicion I had not thanked you for those secrets. Most of the ladies ended up for this reason glad to read them and already have definitely been making the most of these things. Thank you for really being indeed accommodating and for utilizing varieties of useful subjects millions of individuals are really desirous to know about. My sincere apologies for not expressing appreciation to earlier.

  • source

    Hi there! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me.
    Anyhow, I’m definitely delighted I found it and I’ll be book-marking and checking back frequently!

  • borvest inkral

    Keep working ,fantastic job!

  • Write a Comment