How to take the risk in trading? - page 4.

Shenzou

sr. member

Activity: 1400

Merit: 283

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

As a trader sometimes you have to stick to some of the decisions that you make, some like putting your money into a coin and than its value goes down and many people say that you should sell, risks like getting a bit greedy when you see the price going up and you keep waiting for a bit more profit, I think that many people take trading for rocket science when it is not, you should ask people for advice at first to get the baisics and then just experience it on your own, develop your own ideas and make your own decisions and stick to them and that is how you take the risk and that is how you learn.

solarion

hero member

Activity: 966

Merit: 513

Quote from: josephdd1 on June 28, 2018, 10:16:58 AM

First of all, you must understand that trading in itself is risk taking. Then, in order to minimise your risks you should have a comprehensive understanding of the markets, if that is not in place already, you should start with small trade and then build up as both your knowledge and confidence expand. And be open minded too, you could have a fall but at least you was aware of that possibility, and just be prepared to learn from the fall to climb new highs

If you are skillful person you do not need to worry about that at mate. You should check the good trading site like Binance or Bitrex to start your trading career. First learn more information on Youtube videos. Actually many traders started their trading career with learning on Youtube and Articles available in online.

Then when you start with trading, go with the cheap amount to start bro. If you have more fund as well go with 300 USD to 500 USD to make money with it.

Slow death

legendary

Activity: 3136

Merit: 1122

Leading Crypto Sports Betting & Casino Platform

Quote from: Hirus on June 26, 2018, 07:04:15 AM

I am interested in trading and want to know more about it.

here https://www.investopedia.com/terms/t/technicalanalysis.asp

Quote from: Hirus on June 26, 2018, 07:04:15 AM

I read somewhere in this forum that being a trader is very risky.

Everywhere of this section has this

Quote from: Hirus on June 26, 2018, 07:04:15 AM

You as a trader, how did you face the risk in trading in order to lessen the possibility?

buy and hold for a long time is the best strategy because you will not stay every day with your eye glued to the computer screen to monitor the price, you will not have headaches every time the price falls. so this is the best option

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Its like gambling, once you started trading you'll be addicted. Specially when you hit your goal and earned good profits. Risk is always there. There is no such thing as no risk trading, there's always a risk involved even if you join those pump and dump groups. Actually it even increases the risk in losing more money if you join those. Pick those coins that are not being pumped.

pratik009

full member

Activity: 365

Merit: 108

Tarding is not very risky but yes it's little bit risky beacause in trading instead of loss your all investment, you loss only your some percentage of investment.In this cryptomarket you can't earn profits without take risk so if you want to get more profit then you have to take let's take example ,if you buy coin at hugher price and then it price will decreased so it will loss for you but in situations like this you have to hold it and sell it when price will rise again so you can earn good amount of profits.

muratdur

member

Activity: 182

Merit: 10

Actually I think that somebody has already mentioned that, but just in the case, there is a rule, the first rule of trading. Do not risk amount which would be more than you are ready to lose.

unconscious

newbie

Activity: 132

Merit: 0

By following proper risk management, one can reduce the risk. In trading management is very important. You have to develop your own trading system where everything should be specified. And it takes time. If you try for short cut, your success in trading will be more delayed.

josephdd1

hero member

Activity: 1358

Merit: 513

First of all, you must understand that trading in itself is risk taking. Then, in order to minimise your risks you should have a comprehensive understanding of the markets, if that is not in place already, you should start with small trade and then build up as both your knowledge and confidence expand. And be open minded too, you could have a fall but at least you was aware of that possibility, and just be prepared to learn from the fall to climb new highs

annango

member

Activity: 361

Merit: 17

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

The best way to reduce the risk in trading is you must learn all trading knowledge. Especially, you need to learn technical analysis which will help you catch the trend of market through you can give right decision in trading.
Beside you also need learn way of control your emotion. This s very important but many people is disregard. If you have knowledge but can't control your emotion then you also will soon get failure.

PX-Z

hero member

Activity: 1554

Merit: 880

Top Crypto Casino

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

It's absolutely true that crypto trading is really risky, specially for those newly crypto traders who doesn't have any experience about trading even outside the crypto world. It take a lot of risk because of the high volatility of its market value that could be so difficult to anyone to predict of its price if when it goes rise or fall. But if you have patience, you have a great opportunity to succeed in this field.

plpatel

member

Activity: 260

Merit: 15

Indeed trading is very risky business, so if you intent to do trading, than it depends on your risk appetite you are willing to take. And also if you are willing to dedicate your time in learning technical analysis, this will lend great support to your trading, but still risk remains in trading.
As a trader, I try to keep my risk in trading minimal, but still it depends on the current market trends and situations present at the point of trading.

Xardasim

sr. member

Activity: 1624

Merit: 250

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

The first thing that has to be learned once before is trading at Crypto is much more risky than any other sector. The money you invest here is the money you can risk. Then you should learn how to analyze in chart. But, sometimes the technical analysis may not work in Crypto. The most basic thing is to analyze the news correctly and without wasting time.

Rrtt

member

Activity: 378

Merit: 10

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

You have to search your own trading strategies, always pay attention to fundamental analysis it plays more important rule than technical one ,always use stop losses, dont allow your emotions to overtake you,successful trading is always based on risk management and careful analytics.

BanishedDemon

jr. member

Activity: 49

Merit: 8

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Stop-loss (S/L) and Take-profit (T/P) points constitute key ways in which traders can plan ahead when trading. successful investors recognise what fee they're willing to pay and at what charge they're inclined to sell, and they measure the ensuing returns towards the opportunity of the inventory hitting their goals. If the adjusted return is excessive enough, then they execute the trade.

bitgolden

legendary

Activity: 2926

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Have you ever done forex trading before? 😏Bitcoin trading is just like you will do in forex, just a little difference and there are same level of risks involved. If you are not careful enough, you will just end up with losing your money. You should always set a stop loss whenever you’re trading, if you wouldn’t be there to watch.

When you don’t set a stop loss, the loss continues till you’ve lost everything you have invested. As for Hodling, you will have to be at alert and cut your loss if you are not ready to have patience and wait for price increase.

sujonali1819

legendary

Activity: 2436

Merit: 1189

Need Campaign Manager?PM on telegram @sujonali1819

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

yea trading is very risky. And if you do not have more knowledge then it will be more difficult and you can not get profit. And I think In this market situation we should avoid trading with altcoin. just buy some btc and hold.

Sony.UK

full member

Activity: 532

Merit: 103

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

It is little risky investment but we should invest in current dip it will make profit soon. So many traders are use this scenario and few traders are always stay away in this time because they don't take risk in trading platform. But my self trading is a best way to earn quick profit so we should take risk in sometimes.

dbshck

staff

Activity: 2454

Merit: 1617

Crypto Swap Exchange

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

By making a plan before going into a trade. You should already decide what are you expect the market to do, determine your target and set your take protift (TP), identify what could invalidate your call and set your stop loss (SL) there. I think having such plan is what differentiate trading from gambling, you don't simply hope the market will move the way you want it to, but you have reasoning behind it and you know when you're wrong.

I'd recommend you to read this risk management course from Babypips. It's easy and simple but should be enough for risk management introduction.
https://www.babypips.com/learn/forex/undergraduate-senior#risk-management

Hugo_01

newbie

Activity: 6

Merit: 0

Invest only as much as you can lose. Only tip you need regardin risk.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Hirus on June 26, 2018, 07:04:15 AM

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Risky because you may lose all your funds in just a single move. But no worries as soon you understand the risks, you can properly managed it on the way and turned that single move into decent profit.

You must understand that not all the times your desired thing will not happened that's why there's no room for panicked here. It's ok to dump as it was part of the usual trading moves but you must really understand what you are doing and not just do a random dump. Same practice goes when buying a coin.

Just relax and play the trades comfortably. You won't think of a good way if you are on panicked. Well then goodluck.

Topic: How to take the risk in trading? - page 4. (Read 613 times)