When trading and you find yourself at a point of panic you have probably not done your home work in terms of understanding the system you are trading, or you simply chose to not follow the rules regarding how your trading and maybe even what you are trading.

Most students start trading way too early, some even and have problems with their trading software & platform. They find out they have lost money all because they didn’t know which button to press.

Bottom Line: they need more practice time.

How many of us have sat and watched a trade develop and are still watching as it comes and goes. Then later saying to ourselves; “I should have been in that trade”.

Sorry to say that there is no profits in watching from the sidelines. You need to take action, but please don’t be in such a hurry to go LIVE, Practice is what you need first, then when your confidence is there – you can trade live with the assurance that you will be profitable.

Here is what I say to Panic and Indecision, paper trade, paper trade until trading is no big deal.