No matter how skilled you may be in your technical analysis, or your study of fundamental analysis, or your having devised some brilliant trading strategies but you may still face roadblocks on becoming a successful and a profitable trader. Why? Overcoming fear of losing money. We have never met a trader who really likes losing money at the same time We have never come across any trader who has NEVER lost any money. We know of one leading guru on charts and technical analysis in UK, who regularly lectures at seminars, once admitted that despite being brilliant in his study of technical analysis, he has failed miserably in his trading, having blown his account many times now he just concentrates on teaching trading to others!
Fear of losing is not a problem, but it is how you handle the loss. A trader, who is relaxed, can look forward to another trade. Your success or failure in trading depends on your attitudes towards your gain as well as losses and how you handle them. For more detail please visit http://www.freewebs.com/4workathome/Trading_Psychology_Overcoming_Fear.html Good Luck
