DislikedWrong, they should worry about it. Thats pretty wreckless to give advise saying not to worry about it. Im not saying they shouldnt worry about the mental side, but you should ALWAYS worry about losing money. Thats proper money managment.Ignored
So rookies need first to understand the entire aspect of trading before trading. If you worry about loosing money then this is not the right area for you to be in. You need to be able to detach yourself from the funds that you are trading. It is no long money but a tool to use to gain more. Just as poker chips are a tool for poker players. Once a poker player puts a basis on those chips then the emotion that comes in with alot of the time encumber there efforts to extract more. If your in fear of loosing, then it is quite often because what you have risked is way outside your boundaries. After you have executed your trade then it is the market that decides whether you profit or loss, you can manage the losses far more than you can the profits but to become emotional attached and to worry about loosing will have you encumbered during trading.
RT