Mastering the 3 Fears that Haunt Every Trader
Overcoming complexity, FOMO, and fear of failure as a day trader
In the world of day trading, fear wears many masks.
Every day trader is on the same quest: to make money on the options market with as little risk exposure as possible.
For a trader to manage fear, they ultimately have to solve the problem of risk that threatens their savings and the soundness of mind that enables them to execute a profitable strategy.
With the right tools and guidance, anyone can master the fears that are every trader's common enemy. But first, they need to be named.
So what exactly are day traders so afraid of?
Fear of Complexity
Trading is a famously complex ecosystem. Just one look at an expert trader’s desktop tech stack tells you everything you need to know about how complicated trading can be.
Options trading seems to invite voluntary over-complication. Some will see it as a mark of prestige to be able to stack dozens of tickers, trackers, and other windows on their trading array. It feels like a challenge to be mastered, but is it really necessary?
This strategy will exhaust most traders before they ever arrive at a comprehension of this mystifying matrix of data.
Dialing back the complexity of trading has been our mission at Jarvis from day one. The more traders we can introduce to single-screen trading that gets results, the more retail traders we’ll see armed with the confidence to win.
FOMO
If hindsight is indeed 20/20, a day trader’s hindsight could peer across the galaxy with the clarity of the Hubble Telescope.
Trading weaves a visual tapestry each day, chronicling with crystalline clarity every runner that left the station without us and every profit cashed out too soon. Exposure to this daily dressing down can amplify a trader’s self-doubt and skew their strategy to become emotionally affected.
Fear Of Missing Out lures traders into premature entries that risk capital loss. It even makes us regret winning a trade because we could have won even harder if we’d held on through one more fake-out.
We can't know the future, but greed tempts every trader to say, "I should have secured more profit" on even their biggest wins. Once a trader's daily plan is abandoned, that's where mistakes and losses begin to multiply.
Even with Jarvis' highly accurate entry signals, it can be shockingly difficult to resist the temptation to recklessly dive in on an entry the moment you see movement. But trusting Jarvis gets results.
Our Discord moderators preach patience. We understand FOMO because none of us are exempt from its allure. But we’ve learned wisdom through years of trading and are eager to help more traders exchange FOMO for gratitude and learning so they can approach every day with excitement.
Fear of Failure
Perhaps the ultimate fear of traders is that they would fail before they’ve “made it.”
Day trading can be an incredibly successful career, but for those worried it might not work out for them, it represents the risk of losing months of their lives gambling away their savings.
Longevity in trading is about avoiding losses, and with Jarvis, that’s our specialty.
Not every software or trading program can truly claim to provide risk mitigation, but Jarvis’ trade signals routinely predict profitable runs, and traders are far less likely to get caught out in a reversal when following these proven entry signals.
Jarvis' stop-loss cloud provides a guide to setting reasonable and disciplined stops that prevent excessive capital loss on each trade. We are always finding new ways to add features like this to make Jarvis the most complete companion to simplify profitable trading.
Fearless Trading
At Jarvis, we believe the future of trading is an optimistic space for traders who grow in their skills, carry less anxiety, and truly enjoy the ride.
We want every trader to share our enthusiasm that every day is a great day to trade.
It’s never been simpler to find your way to fearless trading.
More Stories
Are You Overestimating Yourself as a Trader?
How to get your bearings and make your day trading breakthrough.
Believe it or not, knowledge can be dangerous, and confidence may be your biggest obstacle in succeeding as a trader.
In 1999, two psychologists published a paper introducing The Dunning Kruger Effect. This study illustrates the psychology behind skills development and warns of the tendency to become too confident too soon.
This framework of overconfidence, failure, and rebirth applies perfectly to the journey of so many traders. When understood, it can teach you how to grind through a rocky start in your own trading journey to arrive at the euphoric land of profitability and perhaps even the elusive label of expert trader.
The Five Stages of Trading
The day trader's journey of growth consists of five distinct stages. The journey starts with wide-eyed wonder but quickly turns to test your mettle. It may be inside your head, but that doesn't make it any less real.
If you're an active trader, one of these stages is where you are now.
- Incompetent/Confident: You think trading is easy. You don't know any better. Someone in your ear has you believing you can master trading without putting in the time, unlike your predecessors. Even if you manage a winner here and there, you trade recklessly.
- Incompetent/Aware: Trading requires skill. This revelation is a painful pill to swallow, and you recognize that the person in the mirror is responsible for your losses. Frustration begins to poison your expectations, making gaining traction in your dwindling account even harder. You consider folding and walking away for good.
- Incompetent/Enlightened: This is the Eureka moment. You can't predict the market, but you can manage risk. You accept losses instead of battling them, and you let winners run.
- Competent/Aware: You've become skilled at thoughtful trading. Losses no longer affect your mood. Your account breaks even, and profit starts to dawn on your account.
- Competent/Confident: You trade skillfully, almost without thinking. A calm attitude guides you through each trading day, and your account grows steadily. Months in the red are a thing of the past.
Grow Your Mind. Grow Your Account.
Every trader goes through some version of this journey. It's why the best traders have an air of sophisticated calm, like an inner strength that they wear. They've been reborn from pain. They earned their place at the table.
With Jarvis at your side, you have an immense advantage as a trader. You instantly have the knowledge to trade like an expert–the signals are right there! However, an influx of knowledge can lead to overconfidence, compromising your judgment. That's a dangerous place to be as a trader.
Every day on our Discord, we prepare users for this unseen journey that takes place between your ears. We teach the disciplines, patience, and mental exercises learned through decades of training because we want you to win.
The best traders aren't just made—they're forged. The question is, are you ready to rise to the challenge? Join us on Discord every trading day and start mastering the mindset and strategy of elite traders. Your edge begins now.
How to get your bearings and make your day trading breakthrough.
Believe it or not, knowledge can be dangerous, and confidence may be your biggest obstacle in succeeding as a trader.
In 1999, two psychologists published a paper introducing The Dunning Kruger Effect. This study illustrates the psychology behind skills development and warns of the tendency to become too confident too soon.
This framework of overconfidence, failure, and rebirth applies perfectly to the journey of so many traders. When understood, it can teach you how to grind through a rocky start in your own trading journey to arrive at the euphoric land of profitability and perhaps even the elusive label of expert trader.
The Five Stages of Trading
The day trader's journey of growth consists of five distinct stages. The journey starts with wide-eyed wonder but quickly turns to test your mettle. It may be inside your head, but that doesn't make it any less real.
If you're an active trader, one of these stages is where you are now.
- Incompetent/Confident: You think trading is easy. You don't know any better. Someone in your ear has you believing you can master trading without putting in the time, unlike your predecessors. Even if you manage a winner here and there, you trade recklessly.
- Incompetent/Aware: Trading requires skill. This revelation is a painful pill to swallow, and you recognize that the person in the mirror is responsible for your losses. Frustration begins to poison your expectations, making gaining traction in your dwindling account even harder. You consider folding and walking away for good.
- Incompetent/Enlightened: This is the Eureka moment. You can't predict the market, but you can manage risk. You accept losses instead of battling them, and you let winners run.
- Competent/Aware: You've become skilled at thoughtful trading. Losses no longer affect your mood. Your account breaks even, and profit starts to dawn on your account.
- Competent/Confident: You trade skillfully, almost without thinking. A calm attitude guides you through each trading day, and your account grows steadily. Months in the red are a thing of the past.
Grow Your Mind. Grow Your Account.
Every trader goes through some version of this journey. It's why the best traders have an air of sophisticated calm, like an inner strength that they wear. They've been reborn from pain. They earned their place at the table.
With Jarvis at your side, you have an immense advantage as a trader. You instantly have the knowledge to trade like an expert–the signals are right there! However, an influx of knowledge can lead to overconfidence, compromising your judgment. That's a dangerous place to be as a trader.
Every day on our Discord, we prepare users for this unseen journey that takes place between your ears. We teach the disciplines, patience, and mental exercises learned through decades of training because we want you to win.
The best traders aren't just made—they're forged. The question is, are you ready to rise to the challenge? Join us on Discord every trading day and start mastering the mindset and strategy of elite traders. Your edge begins now.
Why Is Day Trading Growing?
Day trading is booming, and Jarvis makes starting easier than ever.
2020 will forever be a landmark year in global economics.
The year the world was locked inside. The year a pandemic launched a million ships of digital settlers towards an online horizon to discover more new lands than we could have ever imagined.
As a predominantly digital space, day trading has shared in this growth phenomenon. In 2021, options transactions saw over a 50% surge with 33B contracts traded. By the end of 2023, that volume had more than tripled, reaching 137B options traded in a record year.
Today’s traders are eager and driven. When we look at what is bringing new traders to the market, it’s hard not to feel bullish about the future of this industry.
Why is Day Trading Winning Their Attention?
The trading industry understands moneymaking like no other. The big brokerages and new players who have established themselves over the last decade have made the market a more digitally inviting destination for retail traders.
Remember the days of needing a human broker involved?
Neither do we!
Once brokerages could put their apps in anyone’s pocket, zero-commission trades became commonplace. Fewer excuses meant more people bringing their money to the market.
At Jarvis, we noticed one of the last legitimate excuses holding out the next wave of day traders was the complexity of trading.
So we fixed it.
Creating Jarvis, it feels like we spent more time removing features than creating them, because the future of day trading is about simplicity. Jarvis accomplished this by crafting trade signals so simple a child could interpret them, and their accuracy is undeniable.
Anyone can reproduce Jarvis trades precisely, and it’s incredibly easy to learn.
The Search for Deliverance
More accessible trading is not the only reason new traders are joining the party. There is a noticeable shift of would-be traders being pushed toward the market by outside forces.
The evolution of technology is eliminating jobs and rendering many long-term careers unpredictable, making income backup plans feel more and more essential.
Inflation outpaces many conservative investors who feel their savings account turning upside down with every grocery run.
Day trading has become a refuge for many looking to restore fortunes or correct misfortunes.
At Jarvis we give regular retail traders the tools to “work the land” every day when the opening bell rings. We turn their futile battle with the market into a prosperous path to build a future as proud, accomplished traders.
The Future of Day Trading is Yours
New traders come to the market from different backgrounds, and Jarvis welcomes every trader with arms wide open. You have your own story. And finding success with day trading matters.
Jarvis wants to help you.
We’re so confident about what Jarvis delivers, you can test it FREE for 30 days. No obligations, no strings attached. We want to make it as easy as possible for you to see that simpler trading wins and that simpler trading is for everyone.
Whether you’re an experienced trader ready to eliminate the noise and start trading simpler on day one, or you’re a novice needing someone to show you the ropes.
It’s all here for you.
We’re here for you.
Let’s go win some trades!
Day trading is booming, and Jarvis makes starting easier than ever.
2020 will forever be a landmark year in global economics.
The year the world was locked inside. The year a pandemic launched a million ships of digital settlers towards an online horizon to discover more new lands than we could have ever imagined.
As a predominantly digital space, day trading has shared in this growth phenomenon. In 2021, options transactions saw over a 50% surge with 33B contracts traded. By the end of 2023, that volume had more than tripled, reaching 137B options traded in a record year.
Today’s traders are eager and driven. When we look at what is bringing new traders to the market, it’s hard not to feel bullish about the future of this industry.
Why is Day Trading Winning Their Attention?
The trading industry understands moneymaking like no other. The big brokerages and new players who have established themselves over the last decade have made the market a more digitally inviting destination for retail traders.
Remember the days of needing a human broker involved?
Neither do we!
Once brokerages could put their apps in anyone’s pocket, zero-commission trades became commonplace. Fewer excuses meant more people bringing their money to the market.
At Jarvis, we noticed one of the last legitimate excuses holding out the next wave of day traders was the complexity of trading.
So we fixed it.
Creating Jarvis, it feels like we spent more time removing features than creating them, because the future of day trading is about simplicity. Jarvis accomplished this by crafting trade signals so simple a child could interpret them, and their accuracy is undeniable.
Anyone can reproduce Jarvis trades precisely, and it’s incredibly easy to learn.
The Search for Deliverance
More accessible trading is not the only reason new traders are joining the party. There is a noticeable shift of would-be traders being pushed toward the market by outside forces.
The evolution of technology is eliminating jobs and rendering many long-term careers unpredictable, making income backup plans feel more and more essential.
Inflation outpaces many conservative investors who feel their savings account turning upside down with every grocery run.
Day trading has become a refuge for many looking to restore fortunes or correct misfortunes.
At Jarvis we give regular retail traders the tools to “work the land” every day when the opening bell rings. We turn their futile battle with the market into a prosperous path to build a future as proud, accomplished traders.
The Future of Day Trading is Yours
New traders come to the market from different backgrounds, and Jarvis welcomes every trader with arms wide open. You have your own story. And finding success with day trading matters.
Jarvis wants to help you.
We’re so confident about what Jarvis delivers, you can test it FREE for 30 days. No obligations, no strings attached. We want to make it as easy as possible for you to see that simpler trading wins and that simpler trading is for everyone.
Whether you’re an experienced trader ready to eliminate the noise and start trading simpler on day one, or you’re a novice needing someone to show you the ropes.
It’s all here for you.
We’re here for you.
Let’s go win some trades!