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Anonymous

26 May 2023

Stocks

How to overcome the fear to invest in share if have the bad experience previously?

Discussion (26)

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Never attach your feelings to the shares.

Gotta ask yourself these few qns:

  1. Why do u wanna do investing?
  2. Do u really wanna do investing?
  3. What's your horizon?
  4. Have u learned your mistakes from the bad experience?
  5. What did u do wrong?

In order to overcome fear, any fear, a stronger conviction would help. Otherwise, if u are willing to share your concern, feel free to approach me.

The journey to start won't busy easy considering u alr have the fear. But with guidance and advice, u can still get started, provided u are willing to listen too.

All the best!

Hi, I think you could start off with low risks investments like ETFs. Here's an article that could be useful for you when you feel comfortable investing again.

The first step is to relook at what went wrong previously:

  • were you putting more money than you should in the stock market?
  • did you have a strategy for entry/exiting?
  • did you know what you were "investing" in and its historical volatility?

Try to find an answer to these questions, and take small steps to get back into the market. Being in the market does not guarantee making money, but historically time in the market should make it more likely.

You can always explore paper trading to experience investing and get more comfortable with it....

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