Facing the Fear in Trading
The fear of losing money is often greater than the joy of winning. This is exactly why you canβt hold winning trades long enough.
How to Overcome It?
- Trust the System: If youβve backtested your system, let it do its job.
- Process Over Outcome: Donβt stare at the PnL. Stare at the chart and the execution.
- Master the Journal: Writing down your emotions during an entry will help you recognize recurring mistakes.
A traderβs character is forged through losses, not through random wins.