Bitcoin Forum
June 16, 2019, 09:56:16 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Defining Risk  (Read 330 times)
eminemcookie
Full Member
***
Offline Offline

Activity: 364
Merit: 119



View Profile
November 16, 2018, 10:48:35 AM
 #21

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?
There were platforms available you could use to compare the price of each coins from major exchanges. This allows you to even get profit and remove all the potential losses. Try to check out Bitsgap, its a new platform offered for free. Try it while its free of subscription, they will apply fee next year after seeing good development. After trading be reminded not to store or hold your funds in exchanges for longer time, it would be better if you'll transfer it to your main account. I recommend you to choose an open source wallet like Hodler wallet which is the only opensorce multiasset wallet available.

This is nothing to do with what the thread is about. Arbitrage is an entirely separate thing to trying to define and calculate risk. You should go and shill somewhere else.

GIGZI INDEPENDENT WEALTH MANAGEMENT
Crowdsale Starts on 23rd November 2018
Telegram   Medium   GitHub   Twitter   Reddit   LinkedIn   Facebook
1560678976
Hero Member
*
Offline Offline

Posts: 1560678976

View Profile Personal Message (Offline)

Ignore
1560678976
Reply with quote  #2

1560678976
Report to moderator
1560678976
Hero Member
*
Offline Offline

Posts: 1560678976

View Profile Personal Message (Offline)

Ignore
1560678976
Reply with quote  #2

1560678976
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560678976
Hero Member
*
Offline Offline

Posts: 1560678976

View Profile Personal Message (Offline)

Ignore
1560678976
Reply with quote  #2

1560678976
Report to moderator
1560678976
Hero Member
*
Offline Offline

Posts: 1560678976

View Profile Personal Message (Offline)

Ignore
1560678976
Reply with quote  #2

1560678976
Report to moderator
selardkinley
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
November 17, 2018, 08:03:09 AM
 #22

determining such risks is indeed very confusing and I also use spreadsheets and it's a bit very profitable, but here I don't want to share my spreadsheets.
Risk is the presence of an element of uncertainty that is contradicting with your expected outcome of investment. It is a function of many factors and could be greatly reduced as well.
owengtam09
Full Member
***
Offline Offline

Activity: 337
Merit: 100


"Free crypto every day here: discord.gg/pXB9nuZ"


View Profile
November 17, 2018, 09:01:34 AM
 #23

Risk is nothing it is just threat whether you are into crypto market or any other investment schemes. There is an advantage of taking risk if you take risk than there will be probability to earn money or loss money. Risk is just a probability of having good results.
If you are a risk takers then there would be no problem because you know already the possible result of that taking risk, but to those who don't like to take risk then it is not recommended to them to just invest or trade on something that they are not sure especially if they don't know exactly how to do it.

Reatim
Sr. Member
****
Offline Offline

Activity: 913
Merit: 251


View Profile
November 17, 2018, 09:31:47 AM
 #24

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?

I guess you can research if such tools or apps exist. If I remember it correctly, there was quite a few but personally I don't used them because I'm just a casual trader.

I guess a 5%-10% loss is a good thing to start, but then again, people have different risk appetite and risk mitigation so its really up to you.
dunfida
Legendary
*
Offline Offline

Activity: 1288
Merit: 1005



View Profile
November 17, 2018, 10:31:19 AM
 #25

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?

I guess you can research if such tools or apps exist. If I remember it correctly, there was quite a few but personally I don't used them because I'm just a casual trader.

I guess a 5%-10% loss is a good thing to start, but then again, people have different risk appetite and risk mitigation so its really up to you.
We wont really tend to make use of those tools or spreadsheets exist but I don't really see that someone do bother to create just to share on his ways
We do really have different risk appetite as you say so it would always differ.Following someones risk management isn't bad but it might not really work on you.

           ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.
.WINDICE.
.


      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀
.


     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀
.


                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
.


.


.
iOPlay NowOi
.


.



.
.
Follow Us
▀▀▀▀▀▀▀▀▀▀▀▀
Pursuer
Legendary
*
Offline Offline

Activity: 1526
Merit: 1146


Where is my ring of blades...


View Profile
November 17, 2018, 10:42:54 AM
 #26

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?

I guess you can research if such tools or apps exist. If I remember it correctly, there was quite a few but personally I don't used them because I'm just a casual trader.

I guess a 5%-10% loss is a good thing to start, but then again, people have different risk appetite and risk mitigation so its really up to you.

the thing about loss in trading is that the amount does not matter in my opinion. what matters most is why that loss happened. for example if the loss was an unexpected market movement like the recent dip then it is ok to experience such loss and the size of it doesn't matter much. but if it was because you made a mistake and fell for some fake hype in some altcoin and bought into its bubble and got dumped, then that kind of loss is unacceptable no matter how much it is .

creeps
Full Member
***
Offline Offline

Activity: 686
Merit: 130



View Profile
November 17, 2018, 10:55:52 AM
 #27

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?
Don’t be confused about the exchange rate try to focus on at least top coins and when it comes to the crypto exchange better to use also the top exchanges, the fees may be high but you are guaranteed that they are providing a good technology and a quality service.

Choosing the right exchange is important but don’t forget to study more about the market because no matter how good the exchange is, if you don’t know how to trade well I think its useless.

Deagle21
Full Member
***
Offline Offline

Activity: 334
Merit: 100



View Profile
November 17, 2018, 10:08:20 PM
 #28

I personally did not use such a table, but after reading this topic I decided that it would be a very convenient idea. if anyone can share something write in the PM. I will be grateful
eminemcookie
Full Member
***
Offline Offline

Activity: 364
Merit: 119



View Profile
November 18, 2018, 11:27:00 AM
 #29


the thing about loss in trading is that the amount does not matter in my opinion. what matters most is why that loss happened. for example if the loss was an unexpected market movement like the recent dip then it is ok to experience such loss and the size of it doesn't matter much. but if it was because you made a mistake and fell for some fake hype in some altcoin and bought into its bubble and got dumped, then that kind of loss is unacceptable no matter how much it is .

I both agree and disagree, while long term if you can avoid the unacceptable losses you spoke of, you'll have the most success. The size of loss does still matter, you may not be able to predict certain market movements but you can insure yourself against them with proper loss management. At the same time, if you do make a mistake and invest in a shit coin, it's again ideal to limit your losses where possible and it presents a learning situation that can help you to get better results in the future.

GIGZI INDEPENDENT WEALTH MANAGEMENT
Crowdsale Starts on 23rd November 2018
Telegram   Medium   GitHub   Twitter   Reddit   LinkedIn   Facebook
deepaksharma
Full Member
***
Offline Offline

Activity: 164
Merit: 101


View Profile
November 18, 2018, 11:30:36 AM
 #30

This is not necessary to keep the spreadsheet.Keep this simple thing in mind " don't put all your eggs in one basket". Anyway there will always be risk in trading no matter how professional you become.

YOLOdice.comFast 1% Edge Dice GameJackpotsRakebackPlay / Earn / Invest
Sign up, level-up, win, join the growing community!

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚂ YOLOdice.com ⚂ Fast 1% Edge Dice Game ░ Jackpots ░ Rakeback ░ Play / Earn / Invest
Sign up, level-up, win, join the growing community!
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Sr Member
MahalQu2612
Member
**
Offline Offline

Activity: 179
Merit: 10


View Profile
November 18, 2018, 01:29:09 PM
 #31

In my perception, every business in the entire world has risk involve. Meaning, if anyone want to engage themselves in business they must be ready for the consequences and I don't see any business were money is not involve of course money is always there, that's why there is risk. You are gambling your capital into business were there is a chance you can earn or loss your money.
Jahmal32
Copper Member
Newbie
*
Offline Offline

Activity: 322
Merit: 0


View Profile WWW
November 18, 2018, 02:05:47 PM
 #32

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?

Yes, the table in my opinion is unnecessary. Keep a table for transactions is normal, but also bother to risk and stop loss. You must have this table in your head. From each transaction a certain risk and percentage that you can lose. Also from your total Deposit. It's simple, nothing to be wise
Reid
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 541

English is a language.Not a measure of intellignce


View Profile
November 18, 2018, 02:27:00 PM
 #33

Yes and No.
I dont even have any tormula in my spreadsheet.
I do use it just to list all the coins that I have and links on how to find them and their websites.
That's it.
Some of them have different prices so better check that too.
It will be much confusing if you put formulas in it since they are all using different exchange.
Monitor and just manual checking.

fasdorcas
Hero Member
*****
Offline Offline

Activity: 798
Merit: 527



View Profile
November 21, 2018, 06:57:24 AM
 #34

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?
When it comes to taking risk on every trade, based on your signal, whether you are buying based on price action on some support level or so, you really want to be measuring your risk, which at this point is what you are going to be sacrificing based on your stop loss, and the potential reward you are going to get from that trade, and in no way should you ever let your risk be more than your reward in any trade you are entering at all. That in essence, is what is referred to as risk management when it comes to trading, so in that way, you are at least taking a calculated risk.
Secionz
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
November 21, 2018, 07:50:43 AM
 #35

I personally did not use such a table, but after reading this topic I decided that it would be a very convenient idea. if anyone can share something write in the PM. I will be grateful
I believe there is no need to have such a table or spread sheet to get things done in a good way but rather to be curious about the fact that if you do not diversify, you can lose big for not diversifying and for incurring loss in one single coin in which you have invested if the market for it falls.
Strongkored
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


View Profile
November 21, 2018, 08:00:27 AM
 #36

I do not use spreadsheets to record all my trading activities when to enter and when to cut losses, I only use a 5-10% ratio of my ability to lose so when I already bought and the price dropped then when touched 5-10% I will stop loss or cut loss, but I don't always use in all my trades.
Kotone
Hero Member
*****
Offline Offline

Activity: 994
Merit: 500


INTERNET OF VALUE OMNILEDGER


View Profile
November 21, 2018, 01:24:33 PM
 #37

I find it confusing defining risk in fiat when looking to place a trade due to the numerous exchange rates. Does anybody use a spreadsheet which does all the calculations for them upon entering price, stop loss and desired risk in fiat?

If yes, would you be willing to share the spreadsheet which you use?

I suggest you make a journal and try it for yourself. It really depends on the risk per person not on the exchange or anything. There's really number of ways to automate your computations in spreadsheet for you to workaround that will benefit you in the future trades.



███             ▄▄▄███████▄▄▄          ████                   ████          ▄▄▄███████▄▄▄        
███         ▄███████████████████▄       ████                 ████       ▄███████████████████▄    
███       ▄██████▀▀       ▀▀██████▄      ████               ████      ▄██████▀▀       ▀▀██████▄  
███      █████▀               ▀█████      ████             ████      █████▀               ▀█████ 
███    ▐████▀                   ▀████▌     ████           ████     ▐████▀                   ▀████▌
███    ████▌                     ▐████      ████         ████      ████▌                     ▐████
███    ████                       ████       ████       ████       ████                       ████
███    ████                       ████        ████     ████        ████                       ████
███    ████▌                     ▐████         ████   ████         ████▌                     ▐████
███    ▐████▄                   ▄████▌          ████ ████          ▐████▄                   ▄████▌
███      █████▄               ▄█████             ███████             █████▄               ▄█████ 
███       ▀██████▄▄       ▄▄██████▀               █████               ▀██████▄▄       ▄▄██████▀  
███         ▀███████████████████▀                  ███                  ▀███████████████████▀    
███             ▀▀▀███████▀▀▀                       █                       ▀▀▀███████▀▀▀        
INTERNET OF VALUE OMNILEDGER
|
   
  
 
 
|


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
M
 

             █▀▀▀▄▄▄██▄
             █     ▀██▀
            █
         ▄▄▄█▄▄▄
 ████▄▄███████████▄▄████
▐██████▀▀███████▀▀██████▌
 ▀████    █████    ████▀
  ████▄  ▄█████▄  ▄████
  ▀███████████████████▀
   ▀████▄▀█████▀▄████▀
     ▀▀███▄▄▄▄▄███▀▀
         ▀▀▀▀▀▀▀
 

    ▄█████
   ████▀▀▀
   ████
   ████
██████████
▀▀▀████▀▀
   ████
   ████
   ████
   ████
   ████
   ▀▀▀▀
|
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!