5 Ways You Can Reduce Your Trading Anxiety
5 Ways You Can Reduce Your Trading Anxiety
5 Ways You Can Reduce Your Trading Anxiety
By Dr. Pipslow
December 20, 2019 8:09 PM WAT in PSYCHOLOGY
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Have you ever been unnecessarily over-conscious about your trading that it affected your
forex performance negatively? Then you, my friend, have just experienced a classic case of
stage fright or performance anxiety.
Performance anxiety usually occurs when you scrutinize every single detail of your trading
decisions too much, to the point that each action becomes subject to criticism.
This behavior (which is also experienced by athletes, artists, and students) usually has a
crippling effect on overall performance as the pressure to achieve a certain goal can cloud
one’s judgment.
As forex traders, we are constantly subject to the pressure of making profits that we
sometimes lose sight of the importance of sticking to the trading plan or practicing
proper risk management.
Here are some tips that can help you overcome performance anxiety in trading: