Why some people are scared?

[Anderson]

There is huge possibility of losing your money very quickly. That's why some people are scared of investing in forex trading. Even after that everyday millions of people are trading. And it is not necessary that everyone should do trading. There are many other business one can do. And many people are doing great with other business.

 

[Adowyn]

Because not everyone are willing to risk anything they may have to play with something a bit in reality. I do not want to understand this entirely and possibly anyway. I clearly do not want or understand this.

 

[helodear123]

Because not everyone are willing to risk anything they may have to play with something a bit in reality.

Risk management comes on the top priority when it comes to trade forex in my opinion.

 

[Suzzaine89]

Risk management comes on the top priority when it comes to trade forex in my opinion.

Totally! If risk is not managed properly, one can loose his funds in no time.

 

[Mart73]

If one is well-versed in risk and knowledge, fear will leave.

 

[Gito Dinev]

Because most of the traders especially newbies lose money a lot.

 

[Kevin Vogt]

Forex trading is a work for professional. It requires particular knowledge and aptitudes. Without discovering that you can not have predictable benefit in forex trading. A specialist trader knows when to open or close a position and how to oversee risk.

 

[Mark Dahl]

There are high percentages of failure in trading. Why they should not afraid.

 

[Alexander Hudson]

Because they have little knowledge about this market and they always have fear of losses.

 

[Eduardo Lucchese]

Some people are scared because they don't have enough confidence in their knowledge and skills.

 

[Kevin Vogt]

Some people are scared because they don't have enough confidence in their knowledge and skills.

Confidence is needed but over confidence is harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit.

 

[Alicia Lynch]

The mentality is very important in trading. If you are scared to invest, it is normal to lose in trading. I need to gain knowledge in trading with positive thinking.

 

[helodear123]

Positive mind can change the whole world and there is no doubts in it.

 

[Cooper Truebridge]

There is nothing to fear because if you trade, you will lose. But if proper education is achieved, the percentage of loss will be much less. So proper education is required.

 

[Karley Walker]

There is nothing to fear in trading. If you want to make a profit, there must be a risk, but you have to work according to the plan.

 

[Kevin Vogt]

There is nothing to fear in trading. If you want to make a profit, there must be a risk, but you have to work according to the plan.

The most dangerous emotion in trading is the fear of losing money to. Most traders hold this type of feelings while trading. But You have to be emotionless while trading. No emotional attachment is allowed in trading.

 

[Oscar Shumack]

Sometimes people become scared because they don't have enough knowledge and skills.

 

[Karley Walker]

The most dangerous emotion in trading is the fear of losing money to. Most traders hold this type of feelings while trading. But You have to be emotionless while trading. No emotional attachment is allowed in trading.

Yes, of course, fear and greed can ruin a trading career.

 

[Kevin Vogt]

Yes, of course, fear and greed can ruin a trading career.

Yes most traders are impatient and greedy. They want to make thier money double overnight. With some random wins they think they cracked the secret of forex market. As a result they lose money.

 

[Hommeheureux]

People are scared of trading activity mostly because of their inproper relation to money. They think that money is actually everything in their lives, while money is just a resource which is considered to be a renewable resource. I suppose that if all people who once decided to start trading activity would change their relation to money, they would never be afraid of trading activity. They also have to understand that losses and mistakes are okay. They bring you lots of experience actually and this experience gradually is transforming into money. I wish all traders would understand my words correctly.