Here is an email question from a member of Daily Forex Charts .com

My struggle is self discipline. This I think is coz i don’t know where to start my trading day and what to look for. I also think fear plays a big part. (fear of losing money again and again.)
 

Neal’s response;

Fear is bad for trading. Fear will cause you to make regrettable decisions, and it can get in the way of your ability to learn as well. I encourage you to look for the source of that fear. Are you risking too much per trade?

Until you have confidence in your trading, you should be taking very small risks. That is one way to reduce the fear.

-Neal Hughes “FibMaster”

Filed under: 5. Fear And Greed

Like this post? Subscribe to my RSS feed and get loads more!