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Author Topic: Those that hate risks!  (Read 1476 times)
hulla
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May 28, 2020, 09:39:11 PM
 #41

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.

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May 28, 2020, 11:38:44 PM
 #42

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.

Lol being negative is part of fear. Negative is sure if a trader isn't sure of positive result. Negativity is opposite if positive. So if a trader isn't sure of the trade, no other option than to be negative. Proper training is the solution for a negative trader.

The topic alone is really out of my own views, now when he says those that hate risk, is risk something one has to hate. Let's say we don't hate risks we only hate loosing our funds just like this:
Quote
Negativity is opposite if positive

──────[ GlobeDex ]──────
───────────[  Modern Trading Platform With High Trade Engine | Affiliate Program | Proof of Authority ]───────────
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May 28, 2020, 11:56:44 PM
 #43

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks

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May 29, 2020, 01:57:28 AM
 #44

There will be risks regardless of what we do We should attempt to move forward minimizing risk. do not be discouraged when it involves doing business Always need to think positive Negative puts everything at a loss there's nothing like hating risk. you've got to undertake to avoid the danger by checking it well there's nothing to be scared of when it involves risk management. Planning ahead will reduce the danger and increase the demand.
In any investment, there are risks that we can not anticipate and before investing need to consider carefully because when entering this market, only you can decide your future. In my opinion, if investors have good knowledge, they will avoid the risk of investment, but if it is a new investor, they will lose money in this market. I think there should be two plans when investing and should analyze many times before making a decision.

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May 29, 2020, 06:12:14 AM
 #45

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.
Exactly! A good trader must be a risk taker person with positive mind and not afraid to lose if ever because trading is a play of gain and loss. If you don't want to lose then don't try to enter in crypto trading. Crypto market is volatile and you can't avoid of losing but you should learn how to minimize it.

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May 29, 2020, 06:58:56 AM
 #46

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.

Practicing risk management will really make you minimize your losses and will make you more confident in trading. Sometimes you should explore and understand first the risks of doing trading before you engage with it so that you know what are the results of doing that if you try it. You need to deal with the volatility of bitcoin when it comes to trading it.

Trading cryptocurrency is really the best and worth it if you have a successful transactions with that. Risk management is really effective for me whenever I trade, it made me more optimistic in trading and become more focus and wise in making strategy depending on the situation in the market.

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.

Gambling is much risky and you need luck for this platform to win, in gambling, strategies are not enough. While in trading, strategy, technical analysis, speculations and planning will guide you to have huge profits in a certain transaction. It is pure manipulation and not a luck based platform so it is less risky than gambling.
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May 29, 2020, 07:36:39 AM
 #47

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.
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.
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May 29, 2020, 10:32:20 AM
 #48

Trading is not meant for people who don’t like taking risks and it’s also not meant for people who don’t have enough money to take that risk. Even if you like taking risks, you still have to put some things into consideration so that you don’t end up making a mistake you will regret for a long time. That’s why risk management is very important.

You shouldn’t be afraid to take risks, but at the same time you should know how to manage your risk since your main purpose it to make profit and not loss. If you don’t put all these things in mind you will end up losing money all the time and your risk would be for nothing except loss. Managing risk is easier unlike most traders are afraid on it. Just with experience and practical knowledge anyone can minimize the risks which will definitely help them to maximize the profits.

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May 29, 2020, 10:47:15 AM
 #49

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks
How it could be a calculated risk?
It is called risk because we don't know what will happen next and we don't have assurance for gaining trades or a losing one. If we only know that the market will pump but tomorrow or on the other day/s, ain't no wonder why people won't jump into the boat. But somehow we don't know anything and that people will not try either as they are afraid of the possible results.

Trading is not a perfect place for those who are not capable of doing this and have negativity in minds. They always worried and live with doubts.

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May 29, 2020, 01:00:27 PM
 #50

It is  good to take a risk but it must be a calculated risk and not just jumping into the boat. Life itself in its entirety is full of risks
Good thing about trading is there a stop loss button. Always make sure to use this, but if any traders cant monitor their own trading page for the time being then set a limit trade where your target should stop at certain price. I usually used this often also it adds discipline on ones trading style, I am using Binance and the features of their exchange is really helpful, what i hate is somete it lag so much that your executed trade werent completed and when you see you exited on a lower rate and this is due to the slow response.

Remember no risk no gain, some will eventually lose cause I dont believe on 100% success, some will experience losing too.



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May 29, 2020, 02:57:31 PM
 #51

Make sure that if your losing money you should learn from that, every cent you waste should be worth enough to take back what you have lost. Keep in mind that, losing is a part of trading. Write down if you missed something which the reason why you lost. There's always a risk to everything in trading, try to avoid any mistakes that will lead you to another failure trade. Always monitor the market and stay updated.

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May 29, 2020, 04:06:38 PM
 #52

To achieve success in trading is not only about eliminating fear, because even if you are brave or not afraid of losing money, on the other hand you do not have a basic understanding of trading itself, the results will be lost. In trading, the main thing that you should have is understanding even though it is a low understanding or basic understanding of trading, but at least that understanding will be an asset for your own strategy in trading and not about eliminating fear, because every individual who has chosen trading at least they already have a good mentality to not be afraid of losing money.

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May 29, 2020, 04:17:38 PM
 #53

For me, that is always a saying to motivate myself to be more careful in trading. Because trading is gambling, a game needs to be alert to assess the situation. Although I knew it was a big risk, the feeling of losing money made me very angry, so I always learned more and managed better capital. We can see it as a motivation to promote ourselves.
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May 29, 2020, 05:04:28 PM
 #54

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.

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May 29, 2020, 07:32:42 PM
 #55

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.
Well then why do you need to risk what is needed by you or your family? You don't trade to risk what isn't worth to lose especially when it is dedicated for something/someone like family.
Trading is not a gambling where you need to put a lot of money just to gain, trading is much more deeper than that. We have a saying right? Don't risk what you cannot afford to lose.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.
Trading does not depend on your status, trading is for everyone who wants to trade but you need the boundaries and limits while doing it. Just like what I said, you don't need to gamble the food on your table just to expect a profit, trading does not work that way. See how the professional works? They are setting the lowest and highest goals just by simply enough capital to make gains.

And also we have a thing so called - risk management, every trader should know about the entirety of this.

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May 30, 2020, 06:37:00 AM
 #56

I have figured out that people who are not professional traders and have families tend to hate risk more frequently. The reason behind it is the simple fact that they have a family to take care of and because of it they can't put money at risk, when you do take risks you are not doing it just for yourself but for your whole family as well and that is not really something you can afford to do when you have a family.

But when you are single and living alone and have extra cash sitting around, risking it is easier because you are the only person you are responsible for and if you end up losing it the only person you let down is yourself. Of course, when talking about professional traders that does this as a job, things change and even when you are a family man, you still take that risks since it is your job.
Our subconscious mind is program on what we see, feel and understand when we are still young. If we have a family who hates risks and avoiding taking it, for sure that we are going to be a person like them who are avoiding eisky investments. There should be a reprogram that we should do in our subconscious mind in order for us to not be afraid or hate risky investments.

Playing it safe is more riskier than making investment in stocks or in cryptocurrency investments. Those middle class and poor persons are always struggling because of not lack of money but because of the fear and they hate taking risky investments. Success is in our hands so it is the reason why we should take and manage risks.
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May 30, 2020, 07:09:33 AM
 #57

Most of what I see in social media especially Facebook are more on profit. Win, win, win.
They won't let you see what or how much they are losing.

Sure, they will talk about risk but never about a big one.
Crypto currency trading is way too risky and yet they can afford to not tell the truth.
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May 30, 2020, 07:59:31 AM
 #58

Most of what I see in social media especially Facebook are more on profit. Win, win, win.
They won't let you see what or how much they are losing.

Sure, they will talk about risk but never about a big one.
Crypto currency trading is way too risky and yet they can afford to not tell the truth.
On facebook or social networks they show us the chance to win and big win, no one will share the truth with us. Newbies trust and hope too much, so when experiencing reality, they are too disappointed and and share it on the forum.
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May 30, 2020, 11:03:35 AM
 #59

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.

Most newbies would really expect that they're going to profit most of the time and hate losing. Yeah I understand how it feels when it comes to losing time and money if bear market dominates or an unexpected pullback. Real traders could understand that no matter what exchange platform are they trading nowadays. Even with arbitrage trading, there's no guarantee that the prices are staying put.

How would we know if we succeed or fail if we can't take risks? Coz' if we don't (like in all life aspects), our lives would remain the same. I took risks many times over the past several years. I had to admit that I failed in those risk-taking opportunities and losing a lot of money. However, it's also an opportunity to learn and be smarter in our decisions.

If you look at some of the successful businessmen and investors, the reason why they're living a life that they deserve is because of their "guts" in taking risks rather than being afraid or hating it. Of course, you can't just take risk without learning how to manage it. It's part of life, and we have to deal with it.

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May 30, 2020, 02:14:21 PM
 #60

There are a lot of traders are scare about losing their money and I think it is not appropriate because once you want to join into the world of trading you must not mind the money because in trading there is a huge chance that you will lose your money and still one of the best ways to do is remove getting fear many trading wants to make the trade on their own and some of them does not have enough idea it takes time before you understand the full concept on trading but if you have a will you can get what you want.

In trading, you must need to learn to free your money because once you made a mistake it can cause a zero balance. A successful trader build by its experience and knowledge also those experiences included that they lose up a lot of money. I'm a trader too and one of the best thing you should do or to adopt like I'm doing once I got lose on my trade I takedown on it and analyze what's wrong on my trade what are the factors why I loss what are the things I need to make improvement. I hope you can use this too.

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