Exactly
Trading is not an easy task. So, fear is quite a natural feeling but you can overcome this by being consistent in your learning. Once you acquire knowledge, you’ll overcome your fear too.
Yes, there is some risk associated with all the investments. So, it is better to know about all the investment avenues first and then choose.
Also, talking about indices, they are less risky because they are diversified.
Exactly!
This market is really huge and no one has enough time to compete with other people. The competition here is only with yourself. Every day, just try to become better than yesterday.
Fear of trading is quite obvious if you’ll jump into live trading without proper knowledge and strategy.
Start with gaining knowledge and then go for demo trading. Once you are confident enough, go for live trading but never ever forget to create a strategy and always stick to it.
I also follow the same strategy. If I feel like chances of loss are high, I just stop there because I always look forward to saving my money rather than making more money.