I doubt that standing there as a poor peasant with a spear, while getting charged by a horde of knights on massive battle horses in full armour is any less traumatic than the crack of a snipers bullet whizzing over ones head.
And medieval combat was quite a gruesome affair, cleaving people into peaces with axes and swords, in an age without proper medical care...
What has changed though, is the staying power of armies which nowadays can stay in contact for long times with somewhat low intensity fighting going on all the time. This of course changes the whole psychology aspect, its not the stress of one battle going on for a day or so, but the stress of a battle going on for weeks.