MOT 57 Podcast - Don't Let Fear Conquer You
Duration: 12:14 min
Show Notes
Fear is a very powerful emotion and in trading it can lead us to large errors if we allow it to do so.
If we truly understand that every trade we make will bring about one of two results - a profit or a loss - and not make it any bigger than that, then we will be way ahead of most traders.
Whether we win or lose, the main factor is whether we followed our trading strategy or not.
If we did, then we must not let fear overtake us and keep us from taking the next trade or possibly making major changes in our strategy. We must agree that everything is on track and move on to the next trade.
Fear can be our ally or our enemy. It is up to us to decide which one we want.
