It's probably a good thing that I learned early in my trading career, not to shun, but to embrace fear. The old saying of "fear the unknown" in the marketplace is actually a disconnect between the the amateur (with only basic knowledge) and the seasoned veteran. What appears to be an unkown event to the rookie is seen as an opportunity for the senior. Courage is not the absence of fear, it's taking action in the face of it.
We're here to make money, and it takes a lot of self in this business. Almost all investors who became successful were able to take on the necessary risk in their life to enjoy the rewards. Don't forget that those same successful investors have also made every mistake in the book in their early days. Our job is to avoid making the big mistakes, and not get discouraged when facing minor set-backs. It takes approximately 10,000 hours of studying these markets to become confident and a competent investor. And along with a bit of luck, and patience, you become "World Class."
Bottom Line- Find your "theme" and stick to it, don't deviate from it. These markets will soon break the backs of many financial advisers, economists, and money managers of every description. The media is now beginning to turn slightly bearish, which is, a subtle early warning sign in itself. Now that all of the conditions have been met, the only question that remains is, can you risk a bet on your own conviction?
The S&P 500- Daily Chart
The Russell 2000- Daily Chart
The U.S. Dollar- Daily Chart