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If we are still fear or have no confidence to trading. it meant, we are still not preparing ourselves with skill and trading strategy. first thing we need to do is practice in demo account till we are able to make consistent profit result. if we are able to did that, then we will not fear again trading in real account use real money.
That is what make you loss your time so much, i know there will be fear to loss your money but that is the risk that you must take even expert also have chance to loss their own money in forex, so that is why i think you should take that risk and accept it also diminished your own fear to loss money.I experience fear after loosing money in forex trading . When I did demo trading I was much confident that I can make good amount as profit . But in real trading when we are not successful , continuous loss make us coward and feared. I remain reluctant for a long time to enter in market . Then I had some courage and try to make trades in low risks to avoid fear.
fear is one problem appear during trading that need to control. fear caused by uncertainty condition and to overcome this, traders need to have proven good trading system. this trading system should pass particular period in demo account and so, trader know already the capability. by stick with this proven good trading system, fear could be controlled properly.
Definitely an obstacle due to it's trigger to our emotions or other factors that affect our trading. This will then definitely going to be a problem for traders because, fear is something negatively or influence our thinking or decisions and therefore should be handled by becoming more knowledgeable about the market.
Many people loose money due to fear because if they loose in start they develop a strong fear in their heart and mind , They can not trade confidently , They are coward to take risk . It is needed to avoid their unnecessary fear during trading . They have to take small risks , this practice will develop some confidence.
sure and that is why I tend to believe that Forex is for the brave hearted. Since it is a highly risky game, it is ideal for only those who are ready to take the bull by the horns provided there is adequate knowledge to support it.