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TradersCALM - Getting Past Fear © "Dedicated to trading with good feelings." All services are free. |
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Fear stops us from experiencing - that is its job and it does it well. What practical things can we do to get past fear apart from deliberately selecting to undertrade our account? When meeting the proverbial sabre-tooth tiger, our ancestors were fearful of being killed - and this gave survival value. So just the thought of the sabre-tooth tiger still might make us fearful of being killed, and so stops us from actively looking for the sabre-tooth tiger! So fear in the context of trading is designed to stop us from ever even paper trading a new trading idea if it invokes fear. We often invoke bluster as a self-defense from having to face our fear. We often reject the possibility of learning through trying, as fear stops us experiencing. So we can never learn if the fear was justified or not. What appears very frightening may be frightening or safe - so the practical solution is to use fear of a new trading idea as a prompt, in a low risk way (such as paper trading), to do the very thing fear tells us not to do. Soon fear will start to fade away - new vistas of growth will open up. Now it is up to you. Help me understand and reduce my trading stress. |
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