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Fear Of The Unknown in Trading

The most common fear is the fear of the unknown, where uncertainty and lack of knowledge of the forces at play can lead to a feeling of gambling away one’s money.

This fear can be overcome by expanding one’s knowledge about trading by taking a course or reading relevant books.

271

1.3K reads

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Fear Of Losses in Trading

  • Loss aversion is second nature to most of us, as people prefer to avoid losses as opposed to acquiring a profit.
  • Traders fearing loss hesitate to cut their trades and also to execute it when the time comes. This hesitation makes one miss profitable...

270

947 reads

Fear Of Giving Back Profits

Trading works with profit and loss both, and when we intervene in the natural law of probabilities, we end up losing by trying to minimize giving back the profit attained.

Having a clear trading plan makes us refrain from taking rash on-the-spot decisions based out of fear...

248

1.17K reads

Fear Of Trading

Fear Of Trading

Trading of stocks and bonds has many variables and the uncertainty can lead to fear and anxiety. Fear is the biggest hurdle to overcome in this otherwise lucrative way to earn money.

Knowing about fear and how to overcome it can be beneficial for the newbie.

298

2.54K reads

Fear Of Being Wrong in Trading

We are hardwired to be right and are awarded throughout our life pursuing what is right while being punished if we are wrong. From an early age, we learn to avoid the embarrassment of being wrong.

Trading success does not rely on one being right all the time or ev...

271

1K reads

Fear Of Missing Out in Trading

The trading graph provides us with enticing opportunities which can make us act impulsively or over-optimistically, leading to huge losses at the end.

If you miss a golden chance to mint instant money, the wise thing is to let it go. Ups and downs happen all the time in th...

258

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"I always say, 'People first, then money, then things.'" ~ Suze Orman

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Fear Of Trading

Fear Of Trading

Trading of stocks and bonds has many variables and the uncertainty can lead to fear and anxiety. Fear is the biggest hurdle to overcome in this otherwise lucrative way to earn money.

Knowing about fear and how to overcome it can be beneficial for the newbie.

The Fear Of The Unknown

The Fear Of The Unknown

One of humanity’s greatest psychological weaknesses is the fear of the unknown. The ongoing pandemic has perfectly illustrated what people do and how they react when faced with the abyss of uncertainty.

People tend to hold on tightly to their beliefs and assumptions to tak...

The antilibrary makes us aware of unknown unknowns

The vastness of the unknown can feel overwhelming, which is why people feel uncomfortable with accumulating books they haven't read. But embracing the unknown is what drives discovery.

The antilibrary is then a reminder of everything we don't know. Being...

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