Topic: Those that hate risks! - page 9. (Read 1505 times)
right. we should identify this job as gambling. It's all about probability and you only win when you control your emotions and manage your capital well. especially, we need to have reasonable trading plans to make more profits than losses. we always know a rule, it's go big or go home. take risk and get rich or you will never have anything in your whole life.
The risk will be there, behind on trading, but we can prevent the risk or minimize the risk by learning how to do that. We need to make a deal with the risk so we don't need to be afraid because as long as we can trade with carefully, I think the risk will not be bigger as we think. We can also learn how to trade so we can reduce the risk. You don't need to hate the risk, try to realize and try to be careful to analyze the market, and you're good to go.
Those who hate risk should not engage into risky activity, like trading in crypto or investing since it's a high risk activity.
Complaining cannot change the fact if a trader loses money, he should star learning if he wants to pursue his goal in crypto as being realistic and accepting our mistake would really help us to improve in the future, and lastly, I believe that successful people does not easily give up, they don't complain when they lose, instead they challenge themselves to improve.
Complaining cannot change the fact if a trader loses money, he should star learning if he wants to pursue his goal in crypto as being realistic and accepting our mistake would really help us to improve in the future, and lastly, I believe that successful people does not easily give up, they don't complain when they lose, instead they challenge themselves to improve.
Risk in business is not for everyone, back when in secondary school I do remember in economics. Where we are been taught risk management on our day to day life. When it comes to business risk it's also stated that one risk what he or she knows it will not bankrupt in future.
Trading is not meant for everyone. Anyone that wants to be a trader should understand and try evaluate the level of risk they are able to take and see whether it matches the level of risk they are required to take in trading cryptocurrency assets or stocks.
There is a platform I usually use for buying bonds, before you invest your money , they will require you to take some test to know the level of risk you’re able to take and after the test they will know the investments to recommend to you, either high risks, medium or low risk investments. So, this is something everyone needs to put into consideration before going further into this kind of business.
There is a platform I usually use for buying bonds, before you invest your money , they will require you to take some test to know the level of risk you’re able to take and after the test they will know the investments to recommend to you, either high risks, medium or low risk investments. So, this is something everyone needs to put into consideration before going further into this kind of business.
'Fear' is a trait we're embellished to enable our survival be it in the wild to fear bigger predators or in different types of industries like crypto trading. While some view fear as a limitation to one's ability to earn more money fear is ultimately the inner voice telling you that maybe it's not a good idea to trade all your money in case something goes wrong - which let's face it almost always can go wrong due to unexpected factors. SO fear isn't all that bad/good but an emotion we must listen to carefully before deciding to take action.
I totally agree with this. There is always a risk when you enter trading. Actually, there is already a risk once you enter cryptocurrency so expect that entering Trading of cryptocurrency would by risky for you. Although, I do believe that you will not succeed in trading if you do not take risk. Risk is everywhere, you just have to learn how to manage risk and turn those risky moment into profit. I have been trading since 2016 and I must say that the primary reason why I earn a lot of money is because I take risk.
I am one of them, I hate taking too much risks honestly because to me risk means there is a chance I may end up losing money as well. That is why I invest and not trade. Trading means there is a chance I could end up losing money, trading has risks. But to me, I am investing and that means there is no way I could lose money if I could hold long enough. So long that I am actually saving for my retirement and that is very important to me since I want to retire early.
I like working, and I like my job as well, but if I retire early and have an income that allows me to not work whenever I want to, that gives me a freedom to do more things. Not that I will stop working but for example I could go to vacations better, I could get sick and not lose all my income suddenly, I could basically do whatever I want.
I like working, and I like my job as well, but if I retire early and have an income that allows me to not work whenever I want to, that gives me a freedom to do more things. Not that I will stop working but for example I could go to vacations better, I could get sick and not lose all my income suddenly, I could basically do whatever I want.
Yes I agree. Before trading do some research and off course risk is must without risk can't learn anything. In trading firstly if you are a beginner should start with small money which you are able to lose. Keep doing the same with some more extra money and trade by risking so that you can experience and get to know the things well. Latter you will be able to trade without any fear.
OP tell the truth. When you want to trade, you should know that trading will have two option, which is to lose some money or make a profit. But I think in the crypto trading, you will really lose the value when you don't sell your coin at the high price, but you hold the coin because you want more profit. That moment will be the best moment for you because you can make a big profit from trading so you need to use that moment to sell your coin so you can buy back again at a low price.
If we can accept the loss, and we still learn more about trading, we can have a chance to make a profit. It is normal to get lost because the pro trader gets lost too so we don't have to worry because we will have the time to make a profit again.
If we can accept the loss, and we still learn more about trading, we can have a chance to make a profit. It is normal to get lost because the pro trader gets lost too so we don't have to worry because we will have the time to make a profit again.
We can also apply the law of attraction in trading. Which we should always be positive. What the more we are thinking the more gonna happen.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.
Being negative for every trade is extremely awful. You should not be negative at all especially you are risking money, trading is not just a simple game.
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.
That's the reality and I agree on that point.
Trading might be a money generator to others but that's also a money-losing method if a trader does it the wrong way. But losing is part of trading so that's usual. As long as traders can maintain their good winning compare to losing, everything is fine.
But how to maintain that winning? Remove doubt, fears, and take the risks. There is no easy money so challenge yourself to reach the top.
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.
One of the factors that do highly affects us is on our emotions its hard to control it when we do already dealing up with money and its just normal for us to have that fear on losing
but for us to make some gains then we do need to risk.If we really cant afford to lose up a cent then investment thing isnt really for you.Its your choice!
If you look trading as an opporunity to grow and to earn, then go for it. Take all the possible risk that it will take. But if you look at trading as a threat and is a coward to try it out then you are not in the right place. Taking the risk is one step for success. But there are some ways for you to procceed and set aside fear.
If you try to trade and fail, why give up easily?
- Stop loss
- Collect needed tools and continuous learning about trading shall incorporate
- Risk Management plan
- Stop profit limit or profit goal in every trade to minimize greed
If you try to trade and fail, why give up easily?
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.
True, those who succeeded in crypto trading have been those who have mustered and not fear about losing money. For them, it is a big psychological battle, they equip themselves with knowledge and experience and only think that they are going to win at the end. For the weak heart, it is very different, they have losing so the moment they got burn, they get out early, hence the term weak hands. So before someone goes into crypto trading, they should be really prepared to lose money in order to make more, simply as that.
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.
That is why we say that crypto trading is not suited for everyone, specially those who can't take the 'losing' part. If part of the gamble, if you don't understand how the system works and don't have a plan B or plan C, then better quit early to not lose more money.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 also have some experience in stock trading, so I know when to take the risk and I don't fear losing. Its part and parcel, no risk, no reward. Those opportunity are there to be taken by those who are losing to go.
Whether fear or no fear, I see passion as important to whatever calling you want to succeed in. Trading is a serious business, handwork or profession, so you can't have less passion for it. Your passion in what you do keep helping out even fallen times, you are ready to continue trying different methods on the way to success.
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.
Very well said mate. I have seen people who start to trade and always complaint about how they are losing their money in trading.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.
People should actually learn more about trading before they start to trade and know the fact that trading is a risky game.
It's never guaranteed to make your profits in trading and it's purely based on luck and some skills you have on how to build strategies to trade.
It involves risks and that's why a person should never invest more than he can risk to lose.
Only a calm person can become a successful trader since patience is they key to trading.
Well it takes time to develop to remove your fear of losing money in trading especially those beginners, it is not easy but ye I agree if you want to be successful in trading you must remove your fear, just be confident and also you must have strategy.
Risk is a part of trading they shouldn't forget that since we are talking about money. Gaining and losing is all part of trading, that's why there's a risk management to minimize the losses versus what you gain. It's like gambling—you need some strategies and skills in order to gain from the other people who do trading too. Bitcoin is quite well-known of its volatility that's why everyone has a chance to gain. People should know how to gain more than to lose more over gaining when trading, just buy low and sell high.
I don't fully agree with what's been said.
Everyone hates to lose the money, even the most successful traders, but what it's important is how you handle the loss and if you are prepared for it.
That is why risk assesment is very important and you should never invest more than you can afford to lose.
As long as you are aware that loss is inevitable part of trading and that you always need to.have recovery and back up strategy that works, you are all fine.
Agreed, risk is unavoidable not only in trading but on life as well, the trick is how to minimize your risk while at the same time you maximize the potential benefits you can get, this is what makes a good trader, most of the traders that fail on the markets are those that are unable to accurately determine the risk they are taking and then when something unexpected happens they take such a blow that their losses become unmanageable, on the other hand a good trader will see the risk he is incurring and will find a way to reduce the negative impact on his capital, as such a decent amount of caution is needed but not so much that it freezes you when something unexpected happens. Everyone hates to lose the money, even the most successful traders, but what it's important is how you handle the loss and if you are prepared for it.
That is why risk assesment is very important and you should never invest more than you can afford to lose.
As long as you are aware that loss is inevitable part of trading and that you always need to.have recovery and back up strategy that works, you are all fine.
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