The idea of eliminating fear when trading Forex is a nice thought. But the truth is, it isn’t possible to rid yourself of it entirely.
No matter how much experience you gain, some fear will always exist. It’s just human nature.
But a healthy fear of something can be a good thing. It shows that you care and have some level of respect for whatever it is you’re doing.
An unhealthy fear, on the other hand, can be destructive.
It tends to occupy your thoughts and in many cases controls the decisions you make.
As a trader whose job it is to make logical rather than emotional decisions, that’s a problem.
So how can you reduce the unhealthy kind of fear and turn what’s left into an asset?
There are a few simple ways to accomplish this which I’m about to share with you. I’ll also tell you how I like to handle losing streaks, which is when fear likes to run rampant.
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