Fear: A trader's friend or enemy?
Trading the financial market could be scary, especially if things do not go your way. Fear remains a major emotion that traders experience at one point or another. This powerful yet primitive feeling remains the downfall of many traders regardless of their experience.
However, there are many methods and strategies that could be implemented to tame this raw emotion, potentially improving your trading experience. Join Lukman Otunuga, Senior Research Analyst and Christopher Lodge, Head of Market research at Exinity as they discuss how to overcome fear, sharing their personal experiences.
Heights, injections, ghosts, lightning – everyone has a fear or phobia. In fact, when it comes to heights, traders can fear those that are on a chart rather than on a rooftop. It is an unpleasant feeling, yet this is a primitive emotion that has been hardwired into us to protect us from danger. Ironically, this same defence mechanism remains the downfall of many traders during sticky situations.
Tune in as Lukman Otunuga, Senior Research Analyst at FXTM, and Christopher Lodge, Head of Market Knowledge at Exinity discuss their experiences with fear and strategies utilised to combat and tame this natural emotion.
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