You stated that there are many hazards involved with the business environment, implying that there are many things to avoid in general. However, because we are in the crypto area and want to make money here, we are in the category of trading on exchange site platforms.
We will not be successful as traders in the crypto industry if we do not know how to read a chart and use trading tools, and if we do not suffer constant loss or failure in what we expect from assets that can provide us with revenue. Before we can be successful in the crypto trading company, we must first fail or make mistakes.
Topic: The most risky adventure you must avoid - page 6. (Read 805 times)
In the bitcoin market volatility range, basically the trading risk is down to 0 even though you read the possibility is very small. And all external factors can contribute to the risk, for example the security of the exchange itself. That's why the calculated risk is that all the money you put in is a total risk. In short, “trade what you can afford to lose”.
The most important thing you didn't explain is "what does 'calculated risk' mean?" otherwise it is just an abstract idea you are raising here that is not going to help anybody. Here when you say "risk is venturing into the uncertainty" I have to disagree because you don't venture in uncertainty, you venture in certainty that has some small doses of uncertainty which is the risk.
For example in a trade you first analyze the market fundamentals and technicals then you make a move based on the existing market conditions. There will always be a small chance things change after you executed that trade, that is the risk part.
Quite interesting with the discussion of "calculated risks". For example in a trade you first analyze the market fundamentals and technicals then you make a move based on the existing market conditions. There will always be a small chance things change after you executed that trade, that is the risk part.
Some people who do not fully know about trading can only trade, analyze, and do not understand what is meant by calculated risk.
Even though it is an important part of trading that looks profitable,
but in the end, there are some risks that arise and this will be a risk that is really not wanted.
Small possibilities such as market trends that suddenly change, FUD that appears suddenly, and some other risks that cannot be predicted.
This is included in the risk management method, so it is better to use risk management tools such as Stop Loss Order, Take Profit Order or Trailing Stop Order.
Learning these tools will help one to manage risk in trading.
Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.
The most important thing you didn't explain is "what does 'calculated risk' mean?" otherwise it is just an abstract idea you are raising here that is not going to help anybody. Here when you say "risk is venturing into the uncertainty" I have to disagree because you don't venture in uncertainty, you venture in certainty that has some small doses of uncertainty which is the risk.For example in a trade you first analyze the market fundamentals and technicals then you make a move based on the existing market conditions. There will always be a small chance things change after you executed that trade, that is the risk part.
However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY not to take risk.
I get your point here. Even if we don't totally lose money because we don't take a risk, but the profit potential if we don't take risk will be lost.Others are negative minded, who are very afraid of losing money which is what will prevent them from taking risks. But if we have enough knowledge on the things that we do, we can minimize the risk.
Honestly, if you're not taking risks you will stay what you are but if you take a risk you will go far in life. This is true to life.
Boom, the headline cut your attention right? That's perfect . There are lots of risks in business, investment and trading which is not new to anyone. They have become a common life phenomenal.
However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.
Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.
To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.
This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk
However, the worst risk in the world which I am here to advice everyone at this moment is that it is MOST RISKY not to take risk.
All great men of our time, have taken one risk and the other, break the barricade of fears and venture into the uncertainty as you uncover your potential.
Well to be sincere with you, everyone who had taken risk and had come with a success story have one common line of story to tell us all that they have taken a calculated risk. Every investor, trader and the rest should learn to take a well calculated risk.
To know more and gain more experience requires taking some risk that will help you learn. As a trader, just reading without practicing what you have learnt which involve some level of risk does you no good than having an ordinary head knowledge.
Don't forget that risk is venturing into the uncertainty, so endeavor to keep it a calculated risk before diving into the final decision.
This is not just about trading, this is about anything connecting to human life. Let this words be taken beyond the four walls of trading to every aspect of human life and see the result thereafter. Most important message here is to take a calculated risk
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