Those that hate risks! | Bitcointalksearch.org

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: deisik on July 19, 2020, 03:13:06 PM

Quote from: bitterguy28 on July 19, 2020, 01:32:29 PM

Quote from: SARA ISLAM on July 19, 2020, 12:20:55 PM

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

When plan is likely to fail then there would always be a plan B.If you dont have it then better quit and not to proceed at all.I agree on what you have said on here on which this is a common reason why traders
do really lost up their capital because they do force out things to happen according to their likes even the current condition they are taking is totally going opposite.Soon they do realize when its already too late.
All plans wont be executed or would happen according on what you anticipated and with this kind of market we are dealing with then its no surprise for these kind of circumstances.

lixer

hero member

Activity: 2688

Merit: 588

I do not understand why we are being harsh towards people who do not like risks? I mean there are riskless stuff in the trade world that you can do that would help you out and still allow you to be a trader. For example if you have some stop loss, some support points and resistance points ready with sell orders and buy orders, I am pretty sure that you could make a trade on bitcoin constantly. Of course, you could make a change but at the same time that doesn't mean that it will be suddenly too risky or less risky.

So, what I am trying to say here is that people who hate risk could still be involved with bitcoin trading, even if you do not want to do a day trade, just buy it and keep it and do not sell it until it is 20% profit and that is trading all the same even though it would be considered mostly investment.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: bitterguy28 on July 19, 2020, 01:32:29 PM

Quote from: SARA ISLAM on July 19, 2020, 12:20:55 PM

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: SARA ISLAM on July 19, 2020, 12:20:55 PM

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy.

Practicing every time you find good strategy will give you much better outcomes.

Quote from: SARA ISLAM on July 19, 2020, 12:20:55 PM

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading.

Quote from: SARA ISLAM on July 19, 2020, 12:20:55 PM

Money management is the key to success. If you follow money management with strategy, you can do profitable trading.

You can, as long as you know what you are doing it's giving you opportunities to succeed.

Tahsin Kabir Kollol

full member

Activity: 1610

Merit: 102

Risk is intimately involved with all investments, including trading. If one thinks that it is possible to trade without risk, It is not possible to guarantee a 100% profit in the case of trading. Only by gaining knowledge about trading and gaining practical skills can the amount of risk be reduced. So you have to trade after accepting the risk of losing money and your skills and experience can be used to overcome this fear.

SARA ISLAM

member

Activity: 558

Merit: 11

umachit.fund

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy. The rule of strategy cannot be broken.
Money management is the key to success. If you follow money management with strategy, you can do profitable trading.

Deeshawn

jr. member

Activity: 221

Merit: 1

Trading is meant only for people with boldness, though is all about risk aswell as no one can predict the market but what I know is when risking trades, you can also try all possible Bert to avoid much loss but maximize your profit. All depends on the skills acquire before venturing into trading.

Assface16678

full member

Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Quote from: novaprime on July 19, 2020, 07:04:47 AM

Quote from: Shasha80 on July 18, 2020, 11:30:10 AM

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.

This is one of the secrets in trading if you want to win all of your trades you must need to avoid and lessen the risk to your money, in that case, you do not losses all of your funds immediately instead you will have enough market profit despite you have a daily quota or weekly on it.

Let's say you have a fund which is over ten (10) dollars and you already win your funds and because of too much greedy you want more of it and now the dumping of the price are starting on and you cannot make a good market profit now and you have now two choices which are:

Waiting for the market to pump up again and hodl your trade that could possibly chance of rapid downfall.

Pull out your funds because you already have enough profit

Choose one.

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

Quote from: Shasha80 on July 18, 2020, 11:30:10 AM

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: bearexin on July 18, 2020, 03:04:22 PM

Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well

That's simply not true

And the reverse is not true, either. You can be a trader, for example, a day trader, who doesn't know any of the ins and outs of the assets he trades, but who only looks at what TA tells him (whether it is a profitable strategy long term is another matter). On the other hand, you can invest in a business which you know throughout while you may still deeply despise the trading mindset, as in buy low and sell high. Indeed, there are certain overlaps, but I still would avoid such sweeping generalizations like all traders are investors and vice versa. Put shortly, there is a difference of a kind between these two groups of market players, as opposed to a difference in degree

bearexin

full member

Activity: 1162

Merit: 168

Quote from: Shasha80 on July 18, 2020, 11:30:10 AM

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

I guess all the traders who are not preferring to handle risks of trading, they will get into the state of not at all trading after some time because when you are hating to handle risk then you will slowly get out of the race because this system is working only for the people who are having skill to handle risk with respect to their rewards. I mean even they are not taking the decision of getting out of trading, they cannot sustain to continue their trading.

I agree that risk management must be a very important tool in trading but when you're failed to master the strategies and principles of basic risk management then you can never become a trader at all. I guess this kind of people cannot be a successful investors as well. Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well.

Shasha80

sr. member

Activity: 1876

Merit: 318

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

wozzek23

sr. member

Activity: 1568

Merit: 283

Quote from: Negotiation on July 16, 2020, 11:02:31 PM

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.

If there is no risk involved in trading, then I guess each and everyone will be into trading and making no such field existing in this world. Because only due to we are having risk in trading, the results of trading are different; it means people who are able to handle risks are getting profits and others are getting failed. So, there will be no meaning of hating risks. It is a common enemy for all traders and we must work on the techniques to beat it up.

Quote from: atjiat on July 18, 2020, 09:20:43 AM

basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks.

Yes, analysis and planned works are helping people to be the successful traders and people who ignore these important parts of trading are getting out of trading over the time by slowly losing all their capital. I mean risks in trading must be the all needed thing so that if we have reason to be successful in trading then we can be so, and all others who do not make themselves perfect to handle risks biting dust in the end.

atjiat

full member

Activity: 1204

Merit: 104

Quote from: Negotiation on July 16, 2020, 11:02:31 PM

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.

There have already been situations when the cryptocurrency market provided users with very good returns without the slightest risk, because favorable circumstances developed. But basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks. Of course, it happens that the risk can be justified, but you should not get too carried away with it.

Eureka_07

sr. member

Activity: 1764

Merit: 260

Binance #SWGT and CERTIK Audited

Quote from: mycryptoanalysis2019 on May 26, 2020, 09:05:15 AM

You should not think of going into trading if you hate to lose money. I have read some comments both here and on social media on how much has made and lose. Trading is all about losing and making money, if you are afraid of one then avoid it completely.
I have been trading stock and forex for more than 9 years now and of a truth it takes fearless mind to do so. You want to succeed in trade then you need to remove fear out of the way. Fear make you to lose money and opportunity.

Trading is actually fun in the long run. But on our first steps, there are great fears and challenges that we need to face. Experiencing bad losses on early days or months of a newbie is okay. But we should learn from that lost and use that learning on our future trades. For me trading is a matter of practices and analysing markets very well. We should make good returns for those trades we've lost!

semobo

full member

Activity: 1498

Merit: 146

Quote from: justdimin on July 16, 2020, 03:04:43 PM

Quote from: semobo on July 16, 2020, 10:56:19 AM

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.

Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.

I don't really think much people were using stop loss features, they just go into day trading as gambling for sure.And why day trading is risky means not every day you are going to make profits some day you may get profits and some other days you will end up in loss so the net profits may not be much but remember you are going to pay trading fee every time which keep eating your capital if your net profit is zero.

Negotiation

sr. member

Activity: 1204

Merit: 270

Hire Bitcointalk Camp. Manager @ r7promotions.com

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.

WSDN

sr. member

Activity: 493

Merit: 250

IDENA.IO - Proof-Of-Person Blockchain

Quote from: slapper on July 16, 2020, 11:59:50 AM

Quote from: sandos on July 15, 2020, 11:44:45 PM

Quote from: ?? on ??

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.

Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.

I agree with you. We can not run away from the risks. It is always there no matter how we try to analyze and make a correct prediction. Its kinda a number games with more edges for us to use and benefit ourselves. As a trader I understand how hard it can be to take profit from our trading.

Well, the bigger risk you take, the more profit you have

There will be a lot of risk-loving people in this market because this is a way to make them richer in this market but there are certainly not many people who can do this. In my opinion, always ensure your assets when participating in the market and of course have a plan to make sure you can make a profit from that coin. Risk is generally essential in the market and I prefer investing in risky projects to become richer.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: slapper on July 16, 2020, 11:59:50 AM

Well, the bigger risk you take, the more profit you have

That's not necessarily the case

The bigger the risk the more the profit mantra is only applicable to a very small number of exceptionally skillful and experienced traders who can correctly assess their risk-reward ratios and their dynamic. For the rest of the pack, it is mostly gambling anyway, and more risk can in fact be linked to lower profits. It is like people looking for diversification in altcoins whereas in reality they are only multiplying their risks (instead of mitigating them)

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: semobo on July 16, 2020, 10:56:19 AM

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.

Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.

Topic: Those that hate risks! (Read 1528 times)