How to take the risk in trading?

[Hirus]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

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[BillyBobZorton]

You can never reduce the risk to 0% obviously but you can reduce it by learning TA (technical analysis) and FA (fundamental analysis). Technical analysis is the study of charts and patterns in said charts, fundamental analysis is being smart about what's going on (if some news will affect the price or not).

These are all the tools we have, unless you have insider information of course. I don't think it's viable as a job, most people lose money. Just wait for big dips, buy them and hold it.

[Hirus]

You can never reduce the risk to 0% obviously but you can reduce it by learning TA (technical analysis) and FA (fundamental analysis). Technical analysis is the study of charts and patterns in said charts, fundamental analysis is being smart about what's going on (if some news will affect the price or not).

These are all the tools we have, unless you have insider information of course. I don't think it's viable as a job, most people lose money. Just wait for big dips, buy them and hold it.

Any sites you can share teaching the basic technical analysis and giving an advice for fundamental analysis?
Thank you.

[Trueteller]

If you are interested in trading, the fastest way is to take courses from the trader. But if we take this market. Then here is just the logic needed on the basis of news and analysis of projects that you trade. Buying at the bottom is also not always the best option. But the new coins, of course you can estimate where it is - to see how they raised funds, what bonuses received-and about to estimate their interest. Personally, I am doing so

[mk4]

I'm not a daytrader per se, but you can't totally eliminate the risks. There will always be risks as no one knows with 100% guarantee how the markets will move. The way traders make money is to take advantage of the odds (e.g. if you think there's a 65% chance that x coin will increase to a certain price, then take that risk. taking in to consideration that you could also lose the trade, hence you only allocate a small percentage of your bankroll to the trade depending on how confident you are).

[arida_ds]

Being a trader is really very risky. To reduce the risk when trading to a minimum value, you need to use "stop loss" and "take profit". This is the most important thing in minimizing risks.

[Ararbermas]

First of all you must trade what amount you can afford to lose,  and also must educate yourself first before doing anything,  to gain more idea and strategy how to reduce risk ,'cause that is the most important , and especially doing "technical analysis" or (TA) of the graph when there's a scenario happen in the market, which a big help to determine the direction of coins using the pattern.

[Hamstead]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Isn't too risky if you are having the fan of doing it and courage to face challenges. Losing and winning are just part of a trading since you are new in crypto trading, you should experience it and that made your success in the future. Ups and downs usually happen in the market, best strategies must be applied to catch up some changes and to free from losing.

[Ramtapsbtc]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Have a clear stop loss, sometimes its better to take small percent profit per position espescially during bear market,you will need to make more positions for significant gains but the guarantess of the success will be much higher,the truth is that the best traders in the world aim for small and consistent profits they know this is the only way to success.

[Koro-Sensei]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

As a new learning trader I take risks by the time I put my money on a particular coin that I know or at least know it will probably grow. Now by lessening the risks you need knowledge on trading not just normal knowledge you need a versatile one themat can manage to operate different task that doesn't confuse yourself easily and could think calmly.

[Dukjila]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

You need to start with the amount that you can afford to lose, in no event, nor from debts - it can badly end. If the amount of investment allows - it can be divided into several parts, that would insure themselves against an unsuccessful choice of crypto.

Invest in the popular cryptocurrency and monitor their value.
Sell, make a profit, invest again and continue all through the cycle.
Good luck in your endeavors! 

[crypki21]

In fact, trading in general is always risky, even though you were an expert because no one can predict everything in the market 100% sure.

In my view, the best you can do is to read and learn as much as possible, and to create a wide portfolio to avoid putting all the capital into one project. It is always better to stand on more feet in my view.

[harizen]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Risky because you may lose all your funds in just a single move. But no worries as soon you understand the risks, you can properly managed it on the way and turned that single move into decent profit.

You must understand that not all the times your desired thing will not happened that's why there's no room for panicked here. It's ok to dump as it was part of the usual trading moves but you must really understand what you are doing and not just do a random dump. Same practice goes when buying a coin.

Just relax and play the trades comfortably. You won't think of a good way if you are on panicked. Well then goodluck.

[Hugo_01]

Invest only as much as you can lose. Only tip you need regardin risk.

[dbshck]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

By making a plan before going into a trade. You should already decide what are you expect the market to do, determine your target and set your take protift (TP), identify what could invalidate your call and set your stop loss (SL) there. I think having such plan is what differentiate trading from gambling, you don't simply hope the market will move the way you want it to, but you have reasoning behind it and you know when you're wrong.

I'd recommend you to read this risk management course from Babypips. It's easy and simple but should be enough for risk management introduction.
https://www.babypips.com/learn/forex/undergraduate-senior#risk-management

[Sony.UK]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

It is little risky investment but we should invest in current dip it will make profit soon. So many traders are use this scenario and few traders are always stay away in this time because they don't take risk in trading platform. But my self trading is a best way to earn quick profit so we should take risk in sometimes.

[sujonali1819]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

yea trading is very risky. And if you do not have more knowledge then it will be more difficult and you can not get profit. And I think  In this market situation we should avoid trading with altcoin. just buy some btc and hold.

[bitgolden]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Have you ever done forex trading before? 😏Bitcoin trading is just like you will do in forex, just a little difference and there are same level of risks involved. If you are not careful enough, you will just end up with losing your money. You should always set a stop loss whenever you’re trading, if you wouldn’t be there to watch.

When you don’t set a stop loss, the loss continues till you’ve lost everything you have invested. As for Hodling, you will have to be at alert and cut your loss if you are not ready to have patience and wait for price increase.

[BanishedDemon]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

Stop-loss (S/L) and Take-profit (T/P) points constitute  key ways in which traders can plan ahead when trading. successful investors recognise what fee they're willing to pay and at what charge they're inclined to sell, and they measure the ensuing returns towards the opportunity of the inventory hitting their goals. If the adjusted return is excessive enough, then they execute the trade.

[Rrtt]

Hello fellas.
I am interested in trading and want to know more about it.I read somewhere in this forum that being a trader is very risky.
You as a trader, how did you face the risk in trading in order to lessen the possibility?

You have to search your own trading strategies, always pay attention to fundamental analysis it plays more important rule than technical one ,always use stop losses, dont allow your emotions to overtake you,successful trading is always based on risk management and careful analytics.