Chapter 4 – How your fears manifest in trading (1) Fear of Uncertainty – “Traders experience the fear of uncertainty in the form of hesitation. They are looking for the confirmation of the certainty that something is going to happen. In trading there is no certainty – in trading there is probability”. This comes up when I wait for additional confirmation, like confirmation on the confirmation. Looking for assurance on the outcome. The result is a late entry on the trade and small profit. It has been a big improvement but still working on that. I keep a constant awareness, so I don’t get pulled into this fear. (2) Fear of Loss (Pulling the Trigger) – “A trader’s entire dramatic relationship with fear and future possibility are wrapped up in his fear to pull the trigger on a trade”… “Fear restricts the possibility that the trader can see. If he were in a calmer more disciplined emotional state, a very different range of possibilities would have been possible”. I think Fear of Loss goes hand in hand with Fear of Uncertainty. Both issues deal with the issue of not taking the trade even when all indicators are there. On those occasions, it limits what I can see.

(2) Fear of Loss (Pulling the Trigger) This comes out when I jump out too quickly - prior to my stop AND before the move happens because I did not want to lose. I think this fear also goes hand in hand with the fear of being wrong / not right. (6) Fear of Self Sabotage (blowing yourself up) Comes out when I hit a green streak and feel like I've really got this. (7) Fear of Missing Out (Greed) I experience this when I get into a move anticipating the setup. I would argue that greed does not accurately describe this fear - it's more scarcity.

2 Fear of Loss (Pulling the Trigger) trading is about “future possibility” “emotionally stable enough to be trading at a particular moment in time”. I think China has issues + downward chart momentum+ $TSLA not doing well.(didn’t want to lose $16) 4 “Fear of Not Being Right (making a mistake)” as a perfectionist I aim to play the long game. There is always something that you can do better that’s why setting goals are important because if you hit the goal then you made it. 5 “Fear of Inadequacy (External Validation)” With my trading not contributing to my financially well-being I’ve lost a bit of the feeling tied to losing while trading. But I don’t I feel that I’m so care free with my trading that I’m gambling. 6 “Fear of Self Sabotage (blowing yourself up)” The mindlessness of self-sabotage is something that is fading. I’m getting better on sitting on my hands instead of making random mouse clicks.