Resources for getting over fear of trading?

Quote from zdreg:

Quote from ammo:

4 chapter biography
1st: i was walking down the road and there was a large hole in the sidewalk,i fell in,it wasn't my fault,it took me a long time to get out
2nd: i was walking down the road and there was a large hole in the side walk and i fell in,it was my fault,it took me a long time to get out.
3rd: i was walking down the road and saw a large hole in the side walk,i walked around it
4th i no longer walk down that road

saw this on joel osteen sunday [/QUOTE

does it say something about a person's character/traits? please explain.
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 everyones traits,the human condition bent on being right ,continuing to make the same mistakes over and over ,the only thing new is the rationalization to explain,gloss over the mistakes,a comedian once said,sex is way over rated,when's the last time you got thru a day without a good rationalization....geting over the fear of trading could be a rationalization for when will i finally understand the market...fear of trading is mostly made up of uncertainty,or , not certain enough at this stage of the learning curve,if you have a large acct it will become small,a small acct,under margin,either way, the yearning to be profitable should not override the common sense in your head saying i am not real sure of this set up, if you have one set up and are disciplened to sit there like a boring security job,and wait for it to appear,the rest of the time spent on learning more set ups,you can't lose,but if you trade non setups,you have a 95% chance of failing....when people fail they likely are trading a non or weak set up,repeatedly, trading is not really trading,it's placing a bet or gambling,no successful horse player plays all 10 or 12 races,or card player every hand,not betting ,folding or sitting on hands is as big a part of trading as the trade, they both fall under money mangement ,if trading is not trading then it could be called money management..so this thread could be titled "when will i master money management"
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Quote from ammo:

everyones traits,the human condition bent on being right ,continuing to make the same mistakes over and over ,the only thing new is the rationalization to explain,gloss over the mistakes,a comedian once said,sex is way over rated,when's the last time you got thru a day without a good rationalization....geting over the fear of trading could be a rationalization for when will i finally understand the market...fear of trading is mostly made up of uncertainty,or , not certain enough at this stage of the learning curve,if you have a large acct it will become small,a small acct,under margin,either way, the yearning to be profitable should not override the common sense in your head saying i am not real sure of this set up, if you have one set up and are disciplened to sit there like a boring security job,and wait for it to appear,the rest of the time spent on learning more set ups,you can't lose,but if you trade non setups,you have a 95% chance of failing....when people fail they likely are trading a non or weak set up,repeatedly, trading is not really trading,it's placing a bet or gambling,no successful horse player plays all 10 or 12 races,or card player every hand,not betting ,folding or sitting on hands is as big a part of trading as the trade, they both fall under money mangement ,if trading is not trading then it could be called money management..so this thread could be titled "when will i master money management"
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+1

which of the four conclusions on the road conditions is the e.g. of best money management or was there some other purpose for listing them?
 
Quote from zdreg:

+1

which of the four conclusions on the road conditions is the e.g. of best money management or was there some other purpose for listing them?
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ZD

thinkaboutit - better still - think through it

RN
 
Quote from zdreg:

+1

which of the four conclusions on the road conditions is the e.g. of best money management or was there some other purpose for listing them?
More...
the last where i no longer take that road(i.e.the non layups) if all you have today is one setup,then that is all you should trade,while learning on paper the other setups,when you can successfully spot and profit from a 2nd setup, then trade it,but the patience to not trade the non setups,,money management is a much bigger part of trading than is mentioned,a quick $500 winner makes trrading seem easy,and if you only trade those it is,but the biggest part of building the acct is to not give it back with those non setups,trading is gambling and a good gambler knows when to sit tight,the vacationers in vegas go there and willingly blow there allotted gambling monies,which would you rather be , the local picking them off or the guy on vakay,the guy who walks around the hole and eventually avoids the road altogether,the local collecting started out paying
 
To overcome fear you should trade in low lots . You will get little profits in trading if you loose your loss will not effect badly to your capital. It will develop confidence to face market . You will then know how to manage trades with risk you are taking on any position.
 
we all start out losing,then we learn not to trade then we learn to trade only setups,then we discipline to never trade anything but,then fear of losing only comes with bad setups and then we keep relearning not to take them,then we learn that fear is stronger in bad setups and not as strong in good setups,then we curtail the fear by siting and waiting,its a process,like fear of falling when we first learn to walk,we do pushups,to strengthen upper body then rock to strengthen lower body,then try to stand and fall,then more pushups,more rocking,more standing,legs feel better ,a few steps then fall,eventyually wa;k while holding couch or chair ,coffe table ,eventually walk when the legs ,arms ,n balance are all a good setup,process repeats itself in every new endeavor
 
fear comes from bad experience.

if you lost in a setup or a trading idea, next time, when you see the setup or occurs to you the idea: you will hesitate, that means fear come into your mind. "maybe this setup is trap", "maybe this idea is rotten".... nothing good
will generate.

the only way and best way to conquer it is do it. I once dump more money to my account to make me feel I am a deeppocket, that works a while, but after a while, this feeling is gone and replaced the old feeling again. it is against the purpose of trading: withdraw money from the market.

I have bad experience about overnight position, so Ieasily end up my good profitable swing trades as day trade!

I was buying NG at 3.53~3.55, but the sudden drop to my buy level makes me feel I should dump at 3.6, but my target is 3.655.
too bad. we human beings. we learn, we associate, we generalize... sometimes we learn make us dumb or stupid more, not smarter.

people said fool never learns. but in trading,I wish I am a fool.
 
Spot on. Nice analysis

Quote from jack hershey:

He is telling you he has a fear of bar volatility which both of you cannot recognize.

\his trading smaller ws an attempt to deal with the size of the red.

He figured out smaller size was not the factor.

all trding involves bar volatility. Most people name it "noise".

If he wanted to work his way back into trading with fear and not letting fear affect him he could do a stat set on bar volatility. versus another market variable. then he would see the gaussian aspect of volatility of bars.

To do this chart easily the other variable to cross with bar volatility would be a set of volume ranges.

To look deeper into the matter he could cross bar overlap with volume ramges.

With these two tables he could gain a relational setting of market variables compared to his unfounded fears.

He has a set of entry contexts and their set ups which do not vary over time as he states. his demeaner has varied because of life style hazards that variable is common for people who do things those near to them do not understand.
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