Uncertainty
First of all, uncertainty. Transitioning from demo to real account should be simple. But just then comes
and the fear and you are starting to realize its power. That's what makes you
feel insecure and uncertain in yourself
and consequently you miss the great opportunities that the market provides.
Fear
Fear is a condition that can be both beneficial and harmful. On one hand, the
deterrent effect of fear is able to guard against reckless actions in trade. On
the other hand, uncertain and timid actions will never lead to success. What is the medicine against fear in forex? It is the
same as with all other negative emotions – rational parameters of the order and
discipline.
Addiction
It appears that genetic predisposition to addictions of
individuals is essential, along with the social prerequisites. In forex any
gain provokes the player to return immediately to the market, proud of himself
and his abilities, confident in the commercial genius, ready for new exploits
and new more robust gains. Any loss in turn evokes the feeling of revenge;
his recent return to the market will prove that the mistake will not be
repeated and that these accidents are temporary and he is a profitable trader.
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