I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
Topic: Those that hate risks! - page 6. (Read 1505 times)
And this is where most newbies in crypto trading will make a mistake. Because a lot of them are looking at crypto as get-rich-quick scheme. If you have no idea how crypto trading works, don't engage in trading yet. Because the possibility of losing all your money is really high. Even experienced crypto traders still lose from time to time. Most altcoins have their unique features and advantages when it comes to crypto market and you have to know that. The actual development attached to a particular project is also important as it influences its performance in the market. You have to spot those pumpndump coins also because if you got in the middle of it, you will be left bag hodler of useless coins.
This idea that you can make a lot of money really quickly in the market of cryptocurrencies is what really destroys the career of most traders, while it is true there are many stories of people that invested in a coin and in a matter of days or weeks they were able to obtain very significant profits the truth is you cannot really create a strategy to emulate those kind of profits, those people regardless of their level of skill just got lucky, a good trader is someone that is capable to obtain profits in the market over the long term, while the profits that you can obtain with this method are smaller at the same time they are a lot more predictable and safer and that is what traders should be looking for.
A trader should follow all the requirements of trading career which means there will be no room for personal preferences in this. Hence for those traders who are not willing to take risk must stay away from trading and must look for some other methods to have income stream instead of keep trying with trading.
Just hating risks, it will not get eliminated in our trades. It will get eliminated only when we are good in technical analysis. At the same time, people who are good in technical analysis will never get afraid of it nor hating it but might have developed strategies to trade among all the risky things. I believe this is how trading is working and hence we must focus on things this way alone. If we bother about unnecessary things then we may miss out what is essential for success in trading. Hating risks must be one of those unnecessary things.
Just hating risks, it will not get eliminated in our trades. It will get eliminated only when we are good in technical analysis. At the same time, people who are good in technical analysis will never get afraid of it nor hating it but might have developed strategies to trade among all the risky things. I believe this is how trading is working and hence we must focus on things this way alone. If we bother about unnecessary things then we may miss out what is essential for success in trading. Hating risks must be one of those unnecessary things.
Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.
So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
Investing in the crypto market is always very clearly reminded because it is a risky and volatile market, so if you are afraid, it is best not to trade here. I always learn and seek new knowledge before trading because this will help me reduce risks and control my assets safely. Of course, everyone will lose money when investing in this market, but if you do not give up from those failures, you will soon earn back the lost money. So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
This is just a simple truth, if you haet risk, you cant make it quickly in crypto market. Just ensure your risks are calculated
And this is where most newbies in crypto trading will make a mistake. Because a lot of them are looking at crypto as get-rich-quick scheme. If you have no idea how crypto trading works, don't engage in trading yet. Because the possibility of losing all your money is really high. Even experienced crypto traders still lose from time to time. Most altcoins have their unique features and advantages when it comes to crypto market and you have to know that. The actual development attached to a particular project is also important as it influences its performance in the market. You have to spot those pumpndump coins also because if you got in the middle of it, you will be left bag hodler of useless coins.
This is just a simple truth, if you haet risk, you cant make it quickly in crypto market. Just ensure your risks are calculated
Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.
Just due to the lack of understanding about how basically trading is working, people are getting fear of losses which will eventually end up in hating risk factors. Regardless of we will be loving or hating, risk levels will remain as the same in out trading and we must find the ways to minimize it; all the jobs we are doing in trading related to that alone. yes, if we minimize risks then chances to make big profits will get maximized.if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
Everyone will not be ready to bear losses in the initial days but over the experience they will get practice to it. It means they will start accepting losses as part of their trading. So, it will not be good to find other ways to earn rather than focusing on gaining experience in trading itself. 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.
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.
Yes, it is correct. Trader have to habitual to see lose as they see profit. They have to know where there is lose there is profit because if anybody lose money in trading he will search how to made success in trading. Then he will research about that market and gradually he will discover his fault of that trading of lose money and after that he will not lost his money. So be cool when you made lose and search for come out from it. you will succeed.
thanks.
A trader who does not have a family is more likely to risk their capital just because they know that they will be responsible for a failed trade themselves. If you have a family, the consequences for unsuccessful trades will be borne not only by the trader, but also by his family members, who will be forced to reduce their expenses.
Which is why people shouldn't trade with the family money in the first place. The idea of taking money that will be needed later, hoping that they can make more money out of that from thin air is just bad. You must set aside your own money, specifically for trading, and enough of it so that you don't have to borrow from other people, liquidate your trades so you can pay them back, and so forth.
You can still trade if you have a family it's just that you must use the money that *you* earn.
Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.
So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.
If you would like to make a trade and afraid to lose your money trading is not for you. Trading is full of risk having a mistake on your decisions can make towards to loss your money immediately I prefer if you don't want to lose your money make an investment on time to take study about the use of the trading, trading graphs or the market graphs or trading indicators because it may help you a lot how to make more money. One of the things you could do to make more income is the margin trading and this is I highly make riskier to your trades it may cause of liquidity.
If you want to earn and don't want to lose money it is better to make an investment when the market price of the coin drops by that you can only get a small percentage of income. Profit is still a profit even it is a lose small or large amount.
If you want to earn and don't want to lose money it is better to make an investment when the market price of the coin drops by that you can only get a small percentage of income. Profit is still a profit even it is a lose small or large amount.
Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point.
In this world everybody who has successfull without risk is impossible means risk is the start point of success. There's no shortcut way on making money and thinking of on easy money or getting rich do just only happen in our dreams but in reality we would really need to work hard to achieve it. Who ever trader don't take risk in trades is definitely not going to be a successful trader. Risk is way of money where money go with speed it can be against you but it can be with you as well.
Yes, I used to hate risk and that's stupid. When bitcoin fell to $ 3k7, I hesitated and did not want to buy it. I waited until its price was lower than $ 3k7 to buy but in the end it didn't return and flew straight to $ 10k! This is one of my biggest mistakes and made me think again about myself. For those who do not want to lose money, we should stay at home and do jobs with a stable salary, but when investing, take risks. Those are the basics that can make you richer in the future.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point. 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.
We also need to tell them how to do it.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.
Only possible way is to start with capital which is completely affordable to lose for the user, they need to consider this as learning fee.Once they are experienced here they can make profits more times than losses so in overall they will be in profits.
I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
If you do not accept the risk, it is best to leave this market early because before engaging in any trade, investors are warned of the risk, and if you lose money, it is your fault to participate. I have never blamed others for losing money, but without the knowledge, it would have been very difficult to survive because the market was so volatile. Also, if you don't know the analysis, this can cause you to lose all your assets because every investor needs to learn clearly about crypto.
Strongly agree that people who are afraid of risk and afraid of loss will not succeed in trading. And there are no professional traders
always profit, even professional traders often lose. Because trading must be brave to face risks, and can also overcome loss. Therefore
trading is referred to as a high-risk activity, because we can generate large profits and can also suffered a big loss too.
always profit, even professional traders often lose. Because trading must be brave to face risks, and can also overcome loss. Therefore
trading is referred to as a high-risk activity, because we can generate large profits and can also suffered a big loss too.
Crypto trading is indeed not for people that cant takes the risk due to the market volatility which exactly the same thing that makes some people compare crypto trading with gambling. Aside from that, every business that flourishes will accept debt at a point but risk and lost in crypto trading can still be amended/avoid if the traders have reasonable knowledge about crypto trading and experience in decision making.
In other not scared the newbies, crypto trading is not always about lost.
In other not scared the newbies, crypto trading is not always about lost.
Risks can really make us more wise and flexible, it improves our good decision making and critical thinking skills. Every mistakes are lesson for us to grow more in using cryptocurrency in trading, there are a lot more that we need to explore to experience adjustments depending on the market situation.
Most especially if you're prioritizing and a full-time crypto trader, the risks is always high and you are the one who are responsible to make it much lower, you need to minimize the risks. Once you do that, you are accountable about the results and you need to accept the fact that no matter what results on your trading, you will accept it.
It is not that easy to engage in trading because of the cryptocurrency's volatility in the market, especially bitcoin. You need to understand and learn more about the essentials of trading in your assets. Once you experience losses, know that there are a lot of opportunity for you to recover, sometimes you need seize every moment and situation in trading.
I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
I completely agree with you.
You really need to be a risk-taker if you want to succeed in trading.
On top of that, I think that everyone who has traded basically anything has had a loss from which they have learned of.
The rule that I go by is to only invest as much as I'm willing to lose.
You really need to be a risk-taker if you want to succeed in trading.
On top of that, I think that everyone who has traded basically anything has had a loss from which they have learned of.
The rule that I go by is to only invest as much as I'm willing to lose.
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