What are some techniques to get over the fear of making trades.

I haven't made a trade in months. I just watch looking for the "right" entry. I used to be an excellent trader in the late '90s (and took a 20 yr break). Now I hopped back in the summer and it's been torture to pull the trigger.

Help appreciated.

 

Trade smaller size. If that doesn't work, I have some other tactics.

 

yeah, the best advice would be to trade not that much and see if you lose or win and just try to forget about all your fears, receive pleasure from your fav job

 

I agree with formikatrading-start small, really small. Make decisions like the trades are larger.

 

Have an exit plan.

 

weight exercise --> grow muscles

mind exercise --->
grow brain muscles,
neutralize negative emotions,
improve mind control.

 

You have no control over the stock you buy if it will go much, much higher, no matter how good the setup. What you have control over is your risk. Risk management is job number 1. If you risk only 2% per trade and take 5 trades at any given time, maximum loss would be 10% of your capital, on a worst case scenario of losing all 5 trades, which would be easier to recoup. Control your losses and the profits take care of themselves assuming you have a viable, positive expectation trading system.

 

The problem is that if a trader doesn't do
anything to his mind / way of thinking / frame of mind,
he will forever be trading small quantity.

 

Keep waiting for the "right entry". Then make sure you have an exit plan.

If you traded successfully in the past then you already know what you need to know.

What are you afraid of?

 

• FEAR & GREED
• The two primary forces that drive the market.