The Fear of losing your money Trading FOREX is a healthy feeling and it can be eliminated through Learning Process. Learning to use the Tools of Technical Analysis as part of your Risk Management Arsenal is what will help you replace fear with confidence and soul-consuming stress with fun. It sounds simple and it is. But as simple it is to do it, is also to NOT do it. So practically, it all boils down to Learning how to Trade FOREX. And that's the point where most of the new Traders get trapped, for two reasons : they seek knowledge from the wrong sources or they try to learn the wrong way .
For the sake of SIMPLICITY let me stress once again that Trading is about Rules and Criteria. It is about taking pre-calculated risks and it is about establishing a DAILY ROUTINE of Incremental Progress through BABY-STEPS.
Starting with $100 you are only 14 Doublings away from your 1st Million learning how to become a KILLER TRADER in the process.
Your first Doublings may last forever, but remember that perseverance is key and if you keep going, the rewards will be tremendous.
I had been the victim of the FOREX Industry where everyone wants you to believe that "you can't beat the Markets", "nobody can make predictions", "it takes special skills and a genius mind to succeed in FOREX". Till I realized that you don't have to beat the Markets, you only have to be the BOSS of your Trades. You don't have to chase hundreds of pips, only LOCK your Daily Pips. You don't have to be Michael Schumacher to drive your car to the destination of your choice.
Successful trading is a REPEATABLE and SCALABLE PROCESS.