What should I do if I don't dare to place an order when the market comes?

We all go through this process when trading. At the beginning, we are fearless and dare to rush into any market. Later, we are afraid of losses and start to be trembling. Even if we encounter a market that we are very confident of, we dare not place an order. There are almost two reasons.

One is that the trading technology is not good enough, the grasp of the market is not enough, and the confidence is insufficient. The solution is to practice more, review more, and then learn with small positions, only do this kind of market, understand the possible changes of this market, and formulate a trading plan for this market. With more practice and deeper understanding, you will naturally have confidence.

Another reason for fear is that the position of the order is too heavy, and you may encounter a situation where the stop loss amount is too large, which will make you afraid. Although you know that this market is likely to come out, the position is heavy. If a stop loss occurs, the amount will be very large, and it is uncomfortable to think about it. So you start to be afraid and dare not place an order.

In this case, reduce the position and open a position again. After opening a position, there will be no too much psychological pressure, and the execution can be guaranteed. If you find that once you have a heavy position, you start to hesitate and struggle, and it is difficult to execute your trading strategy, then it is better to reduce your position. Even a small profit is better than no profit. Everyone should know this.

Many people send private messages to Brother Ming, asking why they can't trade well. It's nothing more than the above situations. If you don't understand, you can talk to Brother Ming!