COMMODITY AND CURRENCY FUTURE

                                                                                FEAR IN TRADING !

Fear is the biggest enemy of a trader.Without fearing is also dangerous in trading.So what should be done to avoid fear in trading ? First we have to know what are the fear factors in trading.

             1.Fear of loss.

             2.Fear of wrong deal.

             3.Fear of losing the earned money.

Fear is  the warning from our mind before any wrong happening.But our mind does not know what is going to happen in near future only it tells from the past happenings.If you can't control your fear you can't trade at all.But if you can't control your fear , your fear will control over you and you can't take right decisions.In my opinion calculate the maximum loss that you can bear in a single trade then divide it by three and set the stop loss of that amount in a single trade.If your first deal touches your stop loss then wait for minimum four hour if the price doesn't reverse in your way wait again next four hour and so on wait max 12 hr.If the price doesn't reverse in your way then just change your direction and trade in the new direction of the price , if you still lose {s/l} again now you can go in your past direction or vice versa.In this way you will control your fear and trade in cool mind and get the long trend movement in your favour.Don't think that this method is 100 % accurate but it is 80 % accurate.One important thing is your stoploss should be of small in amount but big in pips or points.I mean always target to get big pips of loss or profit of small deal size.