Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders cover image

389: Secrets From An Ex-Pit Trading Legend - Andrew Lockwood

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

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Trading With Fear? I'm Shorting the Euro Cad and I've Got a Stop Loss.

Some traders are having fear whenever they place a trade. They feel like you said got a hit or stop loss. Therefore, they cut their trade short. You can't trade with that emotion. There's money. So it's an emotional commodity. But understanding the sort of market circumstances is important. And fear is one of them. The biggest problems that a lot of traders face is getting it wrong. That's what it is. I think that time takes to accept losing trades and accepting winning trades. We will say you should trade without emotion, but that's impossible. Right.

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