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Author Topic: Those that hate risks!  (Read 1476 times)
bearexin
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May 30, 2020, 04:23:06 PM
 #61

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.
Lol I don't think there is anybody that doesn't hate to lose their money, it's all about being determined and ready to take the risk. You just have to make up your mind and get ready for anything that comes your way, and that's the only way you can get better and start to succeed. Anyone who doesn't take risks in life might not succeed. This is a popular quote on investment risk: if you do not risk something then you will risk everything. So, everyone must focus on taking calculated risks.

You should step out from your comfort zone and work very hard and things will work out for you. Though before our start trading there are things you should put into consideration, like having enough finance, so that you don't run out of money and go very broke. That's why it's good to have another source of income before going into trading.
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May 30, 2020, 04:35:33 PM
 #62

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.
Lol I don't think there is anybody that doesn't hate to lose their money, it's all about being determined and ready to take the risk. You just have to make up your mind and get ready for anything that comes your way, and that's the only way you can get better and start to succeed. Anyone who doesn't take risks in life might not succeed. This is a popular quote on investment risk: if you do not risk something then you will risk everything. So, everyone must focus on taking calculated risks.

You should step out from your comfort zone and work very hard and things will work out for you. Though before our start trading there are things you should put into consideration, like having enough finance, so that you don't run out of money and go very broke. That's why it's good to have another source of income before going into trading.

True. Of course, anyone even the gamblers who are risking it every minute on the casino hates losing a bet because it means losing money. But why avoid making money?

Freelancing can make money with just risking the bare minimum of his time and skills, its making money in his own way. The freelancer still is risking a bit. Even if you invest in ROM still there is a risk. The platform could just shut down all of a sudden as it once occurs in crypto.


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May 30, 2020, 08:22:23 PM
 #63

-snip-
And vice versa. Excessive self-esteem can be fatal especially for trader portfolio. Excessive self-esteem will make traders careless. Instead of making a profit, only losses will be incurred.


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May 30, 2020, 09:19:44 PM
 #64

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 agree with you, but in as much as taking risk is a fundamental concept of trading, not every risk is worth taking and that's why every trade expert will advice you to take calculated risk when trying to go into cryptocurrency trading or any volatile market by using a spare cash or any amount you can afford to lose because the market can always go against you. Trying out risk management techniques such as stop-loss and T.A can go a long way in helping minimize risk
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May 30, 2020, 10:19:43 PM
 #65

Who doesn't hate uncertainty and thus risk altogether but these are what makes us better traders, investors and keeps us on our feet. You gotta take risks to make money otherwise stick to bank accounts and get 0.1% interest. Its almost a tool we can learn to utilise and once we get to understand it we can make better choices and get great returns.





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May 31, 2020, 01:47:18 AM
 #66

It is for those who have spent many years living in the market. As for new people, the psychology of fear is inevitable
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May 31, 2020, 04:00:53 AM
 #67

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 believe, those who fear of loss should not do trading and should go for long term investment.
Please correct me if I am wrong.

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May 31, 2020, 05:49:07 AM
 #68

Freelancing can make money with just risking the bare minimum of his time and skills, its making money in his own way. The freelancer still is risking a bit. Even if you invest in ROM still there is a risk. The platform could just shut down all of a sudden as it once occurs in crypto.
Yes, nothing works in our life without risks are being part of it. We need to accept risk in order to gain from it. It must be a basics of life. If trading is full of free from risks means it will not have any differences from air-drops. As we all know, airdrops usually will not worth the time we work for it. How we are dealing with risk is the thing which determines who will win and who will lose in trading. I mean a highly skillful trader may deal with risks in more effective way to minimize it which will work in favor of them to get more profits.

You gotta take risks to make money otherwise stick to bank accounts and get 0.1% interest. Its almost a tool we can learn to utilise and once we get to understand it we can make better choices and get great returns.
Agree. We must learn about risks. We must understand risks. We must find solutions to risks. Finally we must be ready to accept risks when it will be happening unexpected. If we are hesitating to face risk then it would be much better to stay within home and need to live with what we already have because after our home's entrance, everything is coming along with risks.

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May 31, 2020, 11:26:57 AM
 #69

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.

A trader who does not have a family is more likely to risk their capital just because they know that they will be responsible for a failed trade themselves. If you have a family, the consequences for unsuccessful trades will be borne not only by the trader, but also by his family members, who will be forced to reduce their expenses.

But in any case, you can not turn trading into a casino.

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May 31, 2020, 11:31:43 AM
 #70

I completely agree with you.
You really need to be a risk-taker if you want to succeed in trading.
On top of that, I think that everyone who has traded basically anything has had a loss from which they have learned of.
The rule that I go by is to only invest as much as I'm willing to lose.

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May 31, 2020, 12:37:25 PM
 #71

I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
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May 31, 2020, 01:55:28 PM
 #72

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.

Risks can really make us more wise and flexible, it improves our good decision making and critical thinking skills. Every mistakes are lesson for us to grow more in using cryptocurrency in trading, there are a lot more that we need to explore to experience adjustments depending on the market situation.

Most especially if you're prioritizing and a full-time crypto trader, the risks is always high and you are the one who are responsible to make it much lower, you need to minimize the risks. Once you do that, you are accountable about the results and you need to accept the fact that no matter what results on your trading, you will accept it.

It is not that easy to engage in trading because of the cryptocurrency's volatility in the market, especially bitcoin. You need to understand and learn more about the essentials of trading in your assets. Once you experience losses, know that there are a lot of opportunity for you to recover, sometimes you need seize every moment and situation in trading.

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May 31, 2020, 02:11:50 PM
 #73

Strongly agree that people who are afraid of risk and afraid of loss will not succeed in trading. And there are no professional traders
always profit, even professional traders often lose. Because trading must be brave to face risks, and can also overcome loss. Therefore
trading is referred to as a high-risk activity, because we can generate large profits and can also suffered a big loss too.

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May 31, 2020, 03:32:59 PM
 #74

I absolutely agree with everything you have written, someone who does not like taking risks or someone who does not have a risk threshold for a little bit should definitely not trade in crypto markets or other money markets. When we look at the investment areas in general, we will see that many people do not have a high risk threshold and invest without any knowledge. That being the case, naturally, people like this think that investing is a bad thing and a money-losing action. If you want to make money by investing, the first thing you need to do is to raise your risk threshold, and the second thing is to learn to lose money.
If you do not accept the risk, it is best to leave this market early because before engaging in any trade, investors are warned of the risk, and if you lose money, it is your fault to participate.

I have never blamed others for losing money, but without the knowledge, it would have been very difficult to survive because the market was so volatile. Also, if you don't know the analysis, this can cause you to lose all your assets because every investor needs to learn clearly about crypto.
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May 31, 2020, 04:00:44 PM
 #75

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.
We also need to tell them how to do it.

Only possible way is to start with capital which is completely affordable to lose for the user, they need to consider this as learning fee.Once they are experienced here they can make profits more times than losses so in overall they will be in profits.
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May 31, 2020, 09:14:57 PM
 #76

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.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point.

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June 01, 2020, 04:31:10 AM
 #77

In this world everybody who has successfull without risk is impossible means risk is the start point  of success. 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. Who ever trader don't take risk in trades is definitely not going to be a successful trader. Risk is way of money where money go with speed it can be against you but it can be with you as well.

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June 01, 2020, 05:59:21 AM
 #78

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.
This is a clear example of why risk taking is a necessary condition for becoming successful as a trader, once the price has crashed that much many people keep waiting on the sidelines thinking the price will go down even more, and once in a while they are right but when an asset like bitcoin has lost such value so fast that is an opportunity good traders will never let pass as they will recognize immediately that bitcoin is undervalued and they have the chance to make a lot of money in a short amount of time if they are willing to take the necessary risks, and unfortunately many people simple do not have what it is necessary to buy bitcoin at that point since they are afraid of the consequences of making a mistake at that point.
True!! The more profit you can earn, the more risks you have to face! There's nothing but risks in the investing economy such as this cryptocurrency market. Take the risks if you want to get that profit. When you fail, don't hate the risk, you should hate that you didn't invest enough time to learn risk management. Risk management is critical before making any type of investment.

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June 01, 2020, 07:59:23 AM
 #79

If you would like to make a trade and afraid to lose your money trading is not for you. Trading is full of risk having a mistake on your decisions can make towards to loss your money immediately I prefer if you don't want to lose your money make an investment on time to take study about the use of the trading, trading graphs or the market graphs or trading indicators because it may help you a lot how to make more money. One of the things you could do to make more income is the margin trading and this is I highly make riskier to your trades it may cause of liquidity.

If you want to earn and don't want to lose money it is better to make an investment when the market price of the coin drops by that you can only get a small percentage of income. Profit is still a profit even it is a lose small or large amount.

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June 01, 2020, 08:05:42 AM
 #80

Trading like other investements are associated with risk, you cant guarantee a profit because it depends how you plan and execute it. Its a must to have a money, time and risk management and most specially a knowledge to understand the flow of trading.

So if you're a kind of person who cant bear losses or dont want to experience such thing then dont try to trade, better find other ways to earn.

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