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I'm not worried about losing all of the money, I just have a fear of being wrong. I have realized my entire life I have put myself up against very high standards and when I don't meet those standards my subconscious mind automatically pin points me as a failure. So when I lose, I believe I'm a failure.
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I have thought for some while for many traders (if they are reasonably capitalised) that it is actually the fear of being wrong and ultimately failure that is the real mind killer.
For me this manifests itself as just not entering (occasionally) but more often closing good positions for no good reason. The subconscious says 'I can make you right here, lets just bank a few ticks'.
I think a lot stems from the ego. Would you rather be right or be 'rich'? I think the ego would rather be right.
Its a tough one to crack thats for sure.