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Resolved Question
How to overcome pre-trading jitters?
Been studying on and off for about a year now though I don't feel like I understand "everything" yet. I'm opening a micro account with $1,000 (thanks for the advice babypips). I am nervous about finally entering the markets, how did you guys overcome these pre-trading jitters? Did you have 'em at all?
Thanks!
GonePippin
over 2 years ago
Best Answer - Chosen by Asker
Of course those pre-trading jitters are perfectly normal now that you're about to trade real money! And don't worry about not understanding everything yet. As long as you have a really good grasp of what works best for you (indicators, trade setups, etc) and you take time to study the movement of the markets then you should do fine. In my case, I read up on economic reports and market analysis before coming up with trade ideas so that I'm more or less confident with my trades.
Good luck!
over 2 years ago
Answers (2)
One way to overcome your pre-trading jitters is by planning your trade wisely. You should not only take into consideration the technical set-up of the currency pair that you want to trade but also the underlying fundamental and sentimental aspects at that time.
over 2 years ago
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Be Aware to the most important concept : money management
have a proper position sizing formula and adhere to it, so you can survive to trade another day,
over 2 years ago
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