Have you faced scenario where you entered a position and be so afraid that it will hit your stop loss? or price goes against you?
This is fear of losing.
You either end up glued to the screen to monitor your position, or too afraid to even execute the trade.
How to easily overcome this?
To start with, everyone should have a plan before executing a trade, or commonly called risk management. There are different ways to manage risk.
But even with proper risk management, some people still fear to lose.
One simple way is to take your defined risk, and half it. Say if you normally risk 2% of your capital in 1 trade, now you do the trade with 1% risk.
