Fear Not retweetledi
I was asked how to overcome anxiety and fear of losing trades...
For thing we must do is to remind ourselves that we alone are the one in control of entering trades. Risk is nonexistent, until we are in a position. We must have a sound model in which we employ with our trades... not impulsive hunches or copying someone else.
We must control greed and this is by limiting the number of trades we are permitting ourselves in any given metric, e.g. - per week, day or session.
We must know our self, what causes us to go off the rails, or gives us too much of an ego driven mania. This can only be discovered in a systematic desensitization process of deleveraged executions with a single model, away from the witness and influence of anyone else.
Learning to be content with enough. As humans, we tend to covet what others have or can do. Accept the fact that you are learning to read the market well, over time.
It does not happen for everyone quickly and it is absolutely normal for you to feel as if it is taking longer than you want.
Submit to it and the time you personally require. This is self-control, not denial of success.
There are no shortcuts, no matter how anyone else markets it or promises.
"Slow is smooth, smooth is fast."
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