Trading Losses Reaction - Defeated By The Fear of LOSING - Trading Psychology Vlog

In this Forex trading psychology vlog, I share my trading losses reaction and experience dealing with the fear of losing.

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This past week, I let the fear of losing take control of my trading decisions. As a result I missed some key winners, and finished the week red on my account with the 5ers.

In this video, I talk about my experience as well as some tips to help manage trading psychology and emotions such as FOMO.

I hope you enjoy!

- OTHER TRADING VIDEOS -

You will like this video if you are interested in:

-forex trading for beginners UK
- forex trader
- forex trading uk
- day trading for beginners UK
- day trader documentary
- swing trading forex price action
- swing trading price action strategy
- Forex price action strategies
- the 5 ers forex
- day trading strategies forex
- 5ers prop firm
- trading psychology
- trading psychology forex
- trading emotions and psychology
- trading emotional control
- trading losses reaction

If you enjoyed this video, please LIKE and SUBSCRIBE for more videos! ✔️

Thanks!

Emily

- Mindfully Trading -

// DISCLAIMER
This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
#forextrader #tradingpsychology #5ers

[ndungumugurer]

I defeated my fear of losing by stopping trading multiple pairs, and focusing on ONE instead. At some point I had settled on TWO, but I found even with those I would overthink because they were somehow correlated so every time I would be watching both and see one red and the other green I would be too worried about entering a trade on either one. When I finally settled on one pair my decision-making became a lot easier. Now I don't care what happens on other charts and as a result I'm not worried about losing like I used to. When you're trading two or more pairs you always have to choose which trade to enter, and whenever you chose one pair over the other and lose but watch the trade you didn't take go to your TP you only end up messing your psychology even more. I know we are all different, but I would recommend focusing on a single instrument for a while and see if it makes a difference. If it doesn't work you can always go back to trading all the pairs you like.

[TCT-Walt.B]

One way I have overcome fear of losses is to reduce my risk percentage after a loss. I generally risk 1% on my first trade. If I lose that trade I will reduce my next trade down to 0.5%. If I lose a second trade the third trade I will reduce down to 0.25%. I will repeat this action until I have a winning trade and then I will slowly increase my risk percentage incrementally until I reach 1% again. This can save your account dramatically as well as your emotional and psychological capital. I generally take 2 to 4 trades a day. Even if my first trade is a winner I will reduce my risk on the second trade so that if it happens to be a loser I can still be profitable for the day. Most of my trades target anywhere from a 2:1–5:1 reward to risk.

[BillBosthrom]

I learned that crying won't stop losing.
Only a long breath will keep you a great trader.
Once I win, and once I lose In the end, it is our decisions that determine the winning balance.
Best wishes for all traders 👍🙏🏼

[MarvinEckhardt]

had the same multiple times this week. i am very new to trading and i am up 8% this week on my 10k account.
most of this times i missed out i was 99% sure of what i was doing and i already was in the trade but i got out because of fear of let the small profits go away again. now i missed out about 20% gain on my account because of fear

[TradingProftbleTrdngSmplfid]

Great tips! This reminds me of the beginning of my trading journey. It was the boom of the Chinese stocks back in Summer/Autumn of 2007. I took EIGHT losses in a row in my LIVE $48K account. It would take me many years to recover emotionally and eventually find my way.

[innate]

Fast becoming one of my fave yt channels, , so honest, , , , someone else said this but i backtest, ,i also make sure im in london and US sessions. And i see that you have bad weeks and good weeks, knowing this i dont get flustered at bad streaks, , and yep the fomo is real, but once again, , " backtest" not too far back tho. I have only been trading for a year and im finally overcoming these fears. I now scale in to a trade, once all my lots are in place, i leave the tradr alone.. and lookaway

[mainaccount]

Awareness of my survival mind and what it's attempting to do, while forging an alliance with my logical thinking mind helps me to confront my fear of losing

[bryancaillier]

If someone has a strict rules-based objective strategy that is consistent and repeatable then why would a prop firm Not just take that strategy and automate it or pay someone in another country perhaps much much less money to execute it for them?

[naveedme]

Thanks for video please tell us what time frame you using to step in trade please share your analysis
Thanks

[kyoung]

I feel better already just by looking at you girl.

[jaydmhearne]

I remember the day you had 250 subscribers Emily...36k now...wow...some achievement : )

[HoppingReaper]

Loved it, thank you for the insight!! I would greatly appreciate more trading mindset videos form you :)

[timsmith]

Why don’t you trade less size and set small loss limit, even if you lose it wouldn’t affect you much size and loss size.

[morris]

Most annoying part about trading is after you hesitate to take two trades which turn out to be winners, the third trade you take is always a loser.

[BAMAKO]

I'm so glad you did this video. You don't know how many time I place a trade and get knocked out and then it moves in the my direction

[susandriscoll]

Great video Em! I do some backtesting and trust the process ...not saying its easy but it helps me. X

[LukaszAdams]

Not only you got bad week .From monday i reduce my risk per trade by 1/3.Good luck with next week.Btw i think you ask me about telegram name i answer.

[zakikhan]

Hi a new follower .pleas can anyone guide me why fxview not allowing me register account in UK ? If they stop where can I open a account witch will work in uk I mean best leverage wise and fees
.thank you

[antsfur]

Hi what time frames are you using? What ma's are you using may be i can help you? Who knows!

[gingergander]

Just think, in another few years you'll be making videos about winning!