Fear of Failure, Fear of Success, Fear of Rejection

This is the second in a series of articles about Fear of Failure, Fear of Success and Fear of Rejection in trading. This series started November 13, 2006 with the article entitled “Fearful Trading”.

If you have done any trading whatsoever, you’re already familiar with these three fears and don’t need to be reminded about how they manifest in your trading.

Here’s some examples anyway of how these fears manifest in your trading. That's right, I'm exercising my anti-Fear of Rejection muscle [hahaha :) ]

Fear of Failure – “I’m going to hold onto this losing position until it goes back up to breakeven”.

Fear of Success – “Hooray, price has gone back to breakeven so I’m getting out.”

Fear of Rejection – “I’m staying in this losing position until prices go back up. I don’t want this trade to show up in my brokerage account as a loser because my broker will think I’m a loser”

Continued tomorrow ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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