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Topic: Trading is risky, be conscious - page 13. (Read 2900 times)

legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
February 11, 2023, 10:48:38 AM
In all trading there will always be risks, the most important thing here is that they can generate opportunities to prosper but with the possibility that you can win, when you operate at risk it is that you can take a very high lotage when you have a balance that does not be so good, because two things can happen, if you are lucky you can capitalize very quickly, otherwise everything could go down and burn the account, so in trading if a person wants to be successful they have to know how to do it, they have to know how to do and put a lotage to avoid going bankrupt, this is something that many trader sometimes do not pay attention to, but it is very important.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
February 10, 2023, 09:50:54 AM
What would be your advice for those wanting to trade as a newbie?
well, trading is not an instant way that makes you rich in 1 night. Trading is the art of buying and selling and profiting from it. even though basically trading is easy, believe me, what you think is not true. the people who got rich through this route probably had a bitter time in life trading. Prepare your faith and mind because the risk of trading is very large. However, when you master the techniques of trading, you can also benefit quickly. make sure to use money that won't change your life when you lose it. Always develop the strategy you have, and always learn. and one more thing, Don't be greedy.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
February 09, 2023, 09:56:31 PM
Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?


If you say for beginners the thing to do to invest is to keep trying with a smaller amount because if you think about a risk it seems that everything you do has its own risk later. all choices have a risk for you to learn with all of this. So everything is in your hands later.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
February 09, 2023, 07:19:24 PM
I think everything in life has a level of risk associated with a level of profits that could be earned from doing it. The difference between all earning money sectors lies in the amount of knowledge and experience that's needed to do it, the higher the knowledge and experience, the higher the profits. Regarding cryptocurrencies trading, I think it's still profitable, but it's getting harder and harder as the AI bots that is operated by exchanges making it difficult for the average person to make profits, as well as the manipulations are always there as the market lacks regulations.
hero member
Activity: 798
Merit: 546
February 09, 2023, 05:04:37 PM
Trading is risky this is why there are rules. See trading as a mathematics and a game , in the sense that when you understand a game you will enjoy it and keep wining, and in the order hands as a Maths, when you know the fumular, the rules of solving every mathematics and apply it you will definitely arrive at a profitable results. In trading 95% of traders loose money because they only focus on making money without understand the process that is involved.

 If you can sit back and ask yourself what is the mistakes that the 95% of traders do or why they loose money and start working on correcting those stuffs like risk/money management, greediness, inpatient, basically outsmarting the market, indicipline etc , one day you will as well become part of 5% profitable trader .
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
February 09, 2023, 04:58:03 PM
Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.

If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.
totally agree with what you said, no action will be taken no risk will occur, but everything is returned to the person to be able to keep the risks that occur as small as possible and not fatal, even of course it is very good if it is profitable.
but before taking a step, you should know the circumstances that will occur for each step that will be taken, as well as trading.
Observing and analyzing as best as possible is an action that must be taken before going further, so that there are precautions if something goes wrong in the step so that it is not more fatal.
You would be able to learn up those things along the way on which you would really be experiencing errors and mistakes along the way on where these things could help you out to become a better trader later on and thats if you are really that sensible on trying out to accept those errors and accept it. Trading is risky and its one of the most common thing and just like on other investment on which it would really be that
normal that you would really be losing money.Thing here is that you do need to sustain if you do really have plans on making profits or making some good career on trading.Not all would really be
able to handle it out though.
I agree with you, friend, every action we take, especially with trade, so if you experience an action that results in an unwanted mistake, of course you will push yourself so you don't make the same mistake again. Becoming a good trader can be ensured because one of them is learning from mistakes that have been made, because they always leave an impression and create a desire not to repeat.
It must also be admitted that all actions are certain to always be full of risks, especially with crypto trading which is difficult to predict if not for being diligent in analyzing and continuing to want to learn and update knowledge.
hero member
Activity: 2688
Merit: 625
February 09, 2023, 04:40:39 PM
It’s big well of money where you never find the solid bottom and never leave out of your desires if not controlled in time. That repeating feeling of “I can get more”, “I can overcome my loses”, “just the last trade”, and so on; all of those feeing and actions can be dangerous in the long run and everyone goes through this. Many traders keep stating they are strong mind but somehow everyone goes through above mentioned actions and thoughts. Everyone knows it but none of them openly state it. Better stay away if someone is not able to control such actions. Otherwise it’s horrible unrecoverable money.
Dont chase up losses
Dont be greedy
Dont be that impulsive

This is the key for you to withstand this unpredictable and random market.Dont make yourself in a rush because it would really be
just that creating that kind of desperation and which causes lots of mistakes.Trading is risky thats why you should
take it seriously and do your assignment on the time that you would be dealing with.
full member
Activity: 1092
Merit: 227
February 09, 2023, 12:35:27 PM
It’s big well of money where you never find the solid bottom and never leave out of your desires if not controlled in time. That repeating feeling of “I can get more”, “I can overcome my loses”, “just the last trade”, and so on; all of those feeing and actions can be dangerous in the long run and everyone goes through this. Many traders keep stating they are strong mind but somehow everyone goes through above mentioned actions and thoughts. Everyone knows it but none of them openly state it. Better stay away if someone is not able to control such actions. Otherwise it’s horrible unrecoverable money.
hero member
Activity: 812
Merit: 725
February 09, 2023, 04:33:51 AM
Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.
There is no doubt that risk must be taken in any business, not just cryptocurrency trading.
However, basic and adequate knowledge is required in order to minimize risk; but even so, some people will jump into trading or any business without having any knowledge of that particular business; these are the people who fail quickly and end up blaming those who introduced them to the business, particularly crypto trading.


Quote
If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.
The higher the risk the higher your profit, but sometimes you need to learn how to minimize the risk because if you cannot minimize the risk, you will lose it all.
sr. member
Activity: 560
Merit: 286
February 09, 2023, 03:49:51 AM

What would be your advice for those wanting to trade as a newbie?

Adequate amount of knowledge is definitely required for trading.  As there is a desire to know the unknown, there are many learning levels in trading.  Because anywhere you enter there will be risk in this case trading is definitely risky because where there will be profit and loss risk is normal.  Trading is best to start trading with a small amount of assets and gain experience as you trade.

I started trading with small amount of assets when I was new.  First time was successful but second time I faced loss.  But from there, my experience gradually improved, but now I can call myself a normal trader.
legendary
Activity: 3080
Merit: 1131
February 08, 2023, 06:33:24 PM
Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.

If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.
totally agree with what you said, no action will be taken no risk will occur, but everything is returned to the person to be able to keep the risks that occur as small as possible and not fatal, even of course it is very good if it is profitable.
but before taking a step, you should know the circumstances that will occur for each step that will be taken, as well as trading.
Observing and analyzing as best as possible is an action that must be taken before going further, so that there are precautions if something goes wrong in the step so that it is not more fatal.
You would be able to learn up those things along the way on which you would really be experiencing errors and mistakes along the way on where these things could help you out to become a better trader later on and thats if you are really that sensible on trying out to accept those errors and accept it. Trading is risky and its one of the most common thing and just like on other investment on which it would really be that
normal that you would really be losing money.Thing here is that you do need to sustain if you do really have plans on making profits or making some good career on trading.Not all would really be
able to handle it out though.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
February 08, 2023, 05:27:23 PM
Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.

If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.
totally agree with what you said, no action will be taken no risk will occur, but everything is returned to the person to be able to keep the risks that occur as small as possible and not fatal, even of course it is very good if it is profitable.
but before taking a step, you should know the circumstances that will occur for each step that will be taken, as well as trading.
Observing and analyzing as best as possible is an action that must be taken before going further, so that there are precautions if something goes wrong in the step so that it is not more fatal.
member
Activity: 308
Merit: 26
February 07, 2023, 04:34:44 PM
Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.

If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.
full member
Activity: 840
Merit: 137
February 06, 2023, 11:16:45 AM
It is important for yourself to understand that the risk in trading is justified. If this is not justified, is it worth continuing to work in this industry?
justified only if there's no manipulation going and you could still make profits, sometimes it's just individual vs whales, same in stock market.
if you think trading is still quite good and you could still make profits that's totally fine, after all everyone have their own way of making money.
but sometimes some people aren't really trading they are betting.
Trading came with risks that were beyond comprehension. Setting TP and SL before executing an order in the market is highly recommended. Depending on the size of the account and the leverage, it takes very little time for one to notice earnings or losses in his or her account. Always exercising prudence before trading has greatly reduced the number of times I've had to liquidate my futures accounts, which is one of the worst things I've ever experienced in this industry. There are instances when we may be able to predict the major defeat, but we must still confront it in order to grow stronger in the arena and learn the finest strategies there.
hero member
Activity: 2268
Merit: 507
February 04, 2023, 07:20:01 PM
It is important for yourself to understand that the risk in trading is justified. If this is not justified, is it worth continuing to work in this industry?
justified only if there's no manipulation going and you could still make profits, sometimes it's just individual vs whales, same in stock market.
if you think trading is still quite good and you could still make profits that's totally fine, after all everyone have their own way of making money.
but sometimes some people aren't really trading they are betting.
hero member
Activity: 2996
Merit: 609
February 04, 2023, 06:47:32 PM
It is important for yourself to understand that the risk in trading is justified. If this is not justified, is it worth continuing to work in this industry?
You are the ones who would really be finding out whether it would be worth for you or not but we should put up into our minds that trading isnt something that you could deal off with easily or in a short

time which it would really be requiring sufficient time and effort to be spent out for you to make yourself find out if you are doing well or not.Trading is risky but its not impossible for making yourself
to be profitable but you would be experiencing lots of trial and error which we do know that it is really just normal.

Be versatile and make yourself that aware on your actions.Just dont make yourself in a rush.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
February 04, 2023, 01:16:41 PM
...What would be your advice for those wanting to trade as a newbie?

On a bullish trend, even a beginner who does not have sufficient knowledge about trading can make a profit from trading. In this case, it will be like a casino. But he will also quickly lose his money if luck turns away from him, and this will definitely happen to him, since trading requires knowledge, not just luck.
Right and that's why it's important to have knowledge and skills,
trading is very complex so when we jump in without any preparation of course it will only waste time and will lose,
in trading do not expect to make profits easily and quickly.
I have always said something, and it is only advice, if we see trading as a normal business, we will do well, that is, in a business the ROI is calculated at least 3 years, and that includes hard work almost every day, in this trading thing, things are different because the ROI is variable, we can talk about a more flexible ROI, if the person has adequate patience and does not despair, it could be in months, but it must be seen as a business where everything should never be done quickly, if a person rushes and trades in futures, he can lose everything in seconds, and if he is not with the corresponding lotage too.
member
Activity: 322
Merit: 10
January 28, 2023, 03:47:56 PM
My advice for new traders would be to start with a solid foundation of knowledge. before you begin trading, it is important to educate yourself about the markets and the assets you plan to trade. Understand the basic concepts of technical and fundamental analysis, as well as risk management.

another important advice is to practice with a Demo account before using real money. a demo account allows you to trade in a simulated market environment, which will help you to gain experience and confidence in your trading strategies without risking any real money.
legendary
Activity: 1974
Merit: 1150
January 28, 2023, 01:52:09 PM
I think everyone involved in trading will know what risks they will be exposed to, especially when it comes to trading crypto. It's true they will understand it differently from one trader to another, but in essence they know what the risks are.

Minimizing risk is the responsibility of every trader, and his success in doing so depends only on how well or how able to minimize it and it all depends on their knowledge and experience. It's hard to say they don't know the risks, and at least they definitely know that losing or losing money is the main risk. I really believe they know, but sometimes greed makes them unable to do well.
member
Activity: 308
Merit: 26
January 28, 2023, 11:34:08 AM
Generally, risk transcends trading and encompasses everything in life. Embarking on a journey (whether road, water, rail or air) it's a huge risk on its own; but let's just stick to trading here. Yes, trading is a lucrative business but as well as a very risky one. The major nag in trading is that many would-be traders like to concentrate on the euphoria of making quick cash without putting in the works to acquiring the needed skills for it. Quite alright, even professional traders suffer losses from time to time but what matters here is the ability to record more profit than loss. Anyone who's scared of seeing red in their trade history isn't prepared to be a trader.
Yea, Everything in life is risky not only trade, even sleeping is risky because you might sleep and not wake up, so risk when it comes to trading is not an exception, Risky decisions in life mostly come out to be our best decisions ,so what we should look at is the kind of risk we take, different trade with different Risk, don't trade with the mindset of getting rich immediately you might end up loosing all your currency and am speaking out of experience, risk Should be taking accordingly.
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