Fear is one of the biggest mountains to conquer
Saying you'll buy a dip when the price is 200 pips higher is fine but when the price suddenly moves to your preferred level do you start questioning if it's such a good idea to buy?
Take yesterday's drop in USDJPY. All of a sudden you wake up and the price is 200 pips lower. You want to know the reason, is something going on, why has it dropped so quickly, will it keep on going down? A 100 questions enter your head and suddenly that dip you wanted to buy might not look so juicy.
Many traders know how to cope with that. We look at the levels, assess the move, decide if the move fits in with our strategy. If it does then we act on it, if it doesn't then we leave it alone
For those that know how to deal with fear what I'm writing will be old news but there are many traders who don't know how to deal with fear
Fear is another part of the world of trading discipline. It's something we at ForexLive want to help you conquer.
You can get a head start with that help starting today. One of Greg's subjects in the second webinar is dealing with fear. We've had a fantastic response from those that attended the event on Tuesday and we thank all of you that came. It was packed out and so we've opened up further places for tonight. Even if you missed the first one, each subject Greg talks about could be a webinar on it's own, so you won't be coming in halfway through and feeling like you've missed something
If you want to grab a place then sign up for part 2 today. It costs you nothing but an hour of your time, and if that hour saves you on one trade it will be an hour that was worth spending
https://education.forexlive.com/webinar-signup
