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Author Topic: Those that hate risks!  (Read 1476 times)
deisik
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July 15, 2020, 08:02:44 PM
 #161

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

You can't remove fear

It is a basic emotion and only severely disturbed people don't have fear. The good news is that it is not the amount of fear you have that counts but what you do with it and how you can handle it. Further, I don't think it is a good idea not to hate losing money, either, as it essentially amounts to love of losing money. Probably, what you wanted to say can be rephrased as not to be penny wise and pound foolish. That I would certainly agree with

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July 15, 2020, 08:23:57 PM
 #162

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

You can't remove fear

It is a basic emotion and only severely disturbed people don't have fear. The good news is that it is not the amount of fear you have that counts but what you do with it and how you can handle it. Further, I don't think it is a good idea not to hate losing money, either, as it essentially amounts to love of losing money. Probably, what you wanted to say can be rephrased as not to be penny wise and pound foolish. That I would certainly agree with
Fear cant really be removed on someones emotion specially if we do know that we are risking something which is valuable to us which is mostly talks about money.

People do hate on losing money and in any sort of things or ways for it to happen would really be threat and thats the time where fear do sets in.

When you do gain sufficient experience on a particular thing, this kind of emotion is somewhat can be handled since you do know already on what you are doing. Yeah, you can lose some but you do know
that you can earn more that of that which will result into a profit.

Confidence would really build up if you do know on how things works and pretty much aware on how its been done.

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July 16, 2020, 04:44:45 AM
 #163

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.

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July 16, 2020, 02:14:53 PM
 #164

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.
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July 16, 2020, 02:45:54 PM
 #165

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.

But we face risks every day, you can choose less risky approach with small gains, some people don't wish to settle with small gains, they wish to make big profit, and they need to risk big time. What's different is the capital available for trading, and what's big and what's low capital, for some people $100 is a lot of money, and they would settle with 10% profit, some have a bigger appetite, and for them few hundred dollars is nothing.
We all risk to make profit, small or big time depends on money you have and how much profit you wish to make with that money.

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July 16, 2020, 03:56:19 PM
 #166

Definitely trading is not for the people who is not interested in taking high risky decision to make more money, trading is entirely a gambling like condition all the time we may never know what will come at the end of the day so be prepared for any amount of loss so you can be able to make timely decision and make profits as well.

Different trading methods have different risk levels so we can choose the less risky long term method if we don't want to face the risks everyday.

But we face risks every day, you can choose less risky approach with small gains, some people don't wish to settle with small gains, they wish to make big profit, and they need to risk big time. What's different is the capital available for trading, and what's big and what's low capital, for some people $100 is a lot of money, and they would settle with 10% profit, some have a bigger appetite, and for them few hundred dollars is nothing.
We all risk to make profit, small or big time depends on money you have and how much profit you wish to make with that money.

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
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July 16, 2020, 04:59:50 PM
 #167

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.
I agree with you. We can not run away from the risks. It is always there no matter how we try to analyze and make a correct prediction. Its kinda a number games with more edges for us to use and benefit ourselves. As a trader I understand how hard it can be to take profit from our trading.

Well, the bigger risk you take, the more profit you have

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July 16, 2020, 06:19:08 PM
 #168

taking that risk also needs to start developing ourselves at a higher level. Being an introvert is indeed very difficult to take decisions and does not dare to take any risk and choose the safest way. But because of circumstances and situations that support you inevitably have to take risks that you don't really want, but that will provide lessons. valuable.

Those who hate and always avoid risk will never feel about how it feels to struggle and get past that risk.
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July 16, 2020, 07:21:30 PM
 #169

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 feel it is wrong to say that certain individual amidst traders hate risk; trading itself is a risk; willingness not to undergo further risk is a choice; and cannot be based on being afraid. Every trader has their daily targets; and while some extend their target; some don't go beyond their limits; it shows great composure and matured minds with core experience in trading to do that. Always do your own research.
Don't be emotional while trading your cryptocurrency or your stocks. There is nothing come quickly from not taking risk in life including this industry, I always says, nothing is more rewarding than taking risk in doing whatsoever you wants. Am a risk taker and not afraid to take any when the time is ripe to do so, maybe are afraid of taking risk but end up with nothing. Although, trading itself is a risk and even life itself too.

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July 16, 2020, 08:04:43 PM
 #170

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.

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July 16, 2020, 09:21:59 PM
 #171

Well, the bigger risk you take, the more profit you have

That's not necessarily the case

The bigger the risk the more the profit mantra is only applicable to a very small number of exceptionally skillful and experienced traders who can correctly assess their risk-reward ratios and their dynamic. For the rest of the pack, it is mostly gambling anyway, and more risk can in fact be linked to lower profits. It is like people looking for diversification in altcoins whereas in reality they are only multiplying their risks (instead of mitigating them)

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July 17, 2020, 01:30:58 AM
 #172

The risk must be resisted and overcome because there is nothing you can get by not dealing with the risk, whatever you get at least there is a risk so that it is impossible for you to carry out an activity without risk but indeed, every activity and risk will always be different but in trading is only about loss but when you have realized it then at least you will definitely be able to handle it even though it is not perfect but at least growing experience is the most important.
Once you enter this market, it is best to take risks because this will be inevitable when you enter the crypto market. I think that before investing in any investment, you should consult with some others or take the time to analyze. I hate risks like others but I always have a strategy to avoid this because this is the only way to help me minimize the risk when investing.
I agree with you. We can not run away from the risks. It is always there no matter how we try to analyze and make a correct prediction. Its kinda a number games with more edges for us to use and benefit ourselves. As a trader I understand how hard it can be to take profit from our trading.

Well, the bigger risk you take, the more profit you have
There will be a lot of risk-loving people in this market because this is a way to make them richer in this market but there are certainly not many people who can do this. In my opinion, always ensure your assets when participating in the market and of course have a plan to make sure you can make a profit from that coin. Risk is generally essential in the market and I prefer investing in risky projects to become richer.

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Negotiation
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July 17, 2020, 04:02:31 AM
 #173

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.

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semobo
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July 17, 2020, 07:25:24 AM
 #174

Day trading is risky though no matter how small we are aiming as profit margin so day traders have to be ready to face the worst day of their life.And we should have to set our margin based on the percentage, if we fix the amount in dollars we may never reach the value.Longer the time we choose to trade then we have clear forecast about how the market is moving that is why long term trading is less risky.
Actually most of the day traders use stop loss to avoid big loss within the same day so I don't think day traders are too much at risk of loosing big rather long term investors are the one who are at risk.

You said that longer we choose to trade enables less risk but that is not how it is because you can't predict the price even in the extended run, I mean yes we can easily say that price next year will be better than this year but the same cannot be said like the week the price might be worse than this week and even can't be predicted for months. Day trading is really easy if you understand how to use stop loss and cash small profits time to time rather than waiting for more and more price hike.
I don't really think much people were using stop loss features, they just go into day trading as gambling for sure.And why day trading is risky means not every day you are going to make profits some day you may get profits and some other days you will end up in loss so the net profits may not be much but remember you are going to pay trading fee every time which keep eating your capital if your net profit is zero.
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July 18, 2020, 01:03:03 PM
 #175

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.
Trading is actually fun in the long run. But on our first steps, there are great fears and challenges that we need to face. Experiencing bad losses on early days or months of a newbie is okay. But we should learn from that lost and use that learning on our future trades. For me trading is a matter of practices and analysing markets very well.  We should make good returns for those trades we've lost!

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July 18, 2020, 02:20:43 PM
 #176

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.
There have already been situations when the cryptocurrency market provided users with very good returns without the slightest risk, because favorable circumstances developed. But basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks. Of course, it happens that the risk can be justified, but you should not get too carried away with it.
wozzek23
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July 18, 2020, 02:24:36 PM
 #177

We can only succeed if there is a risk. Risk helps us to rise I don't hate risk so I can learn something new and increase our skills When it comes to investing, everyone makes a profit. In that case it is not possible to make a profit if we do not invest without risk There will be both big and small risks Don't be discouraged if you try to overcome it.
If there is no risk involved in trading, then I guess each and everyone will be into trading and making no such field existing in this world. Because only due to we are having risk in trading, the results of trading are different; it means people who are able to handle risks are getting profits and others are getting failed. So, there will be no meaning of hating risks. It is a common enemy for all traders and we must work on the techniques to beat it up.

basically, you do not need to take risks in order to achieve success, because in the cryptocurrency market, good trading results can be achieved only through correct analysis and correctly planned tasks.
Yes, analysis and planned works are helping people to be the successful traders and people who ignore these important parts of trading are getting out of trading over the time by slowly losing all their capital. I mean risks in trading must be the all needed thing so that if we have reason to be successful in trading then we can be so, and all others who do not make themselves perfect to handle risks biting dust in the end.
Shasha80
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July 18, 2020, 04:30:10 PM
 #178

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.

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bearexin
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July 18, 2020, 08:04:22 PM
 #179

If you hate risk it's better not to trade at all, no matter trading crypto, stock or forex all have risks. We must do risk management
to be able to minimize losses, there is no easy trading. Therefore you have to learn a lot about trading, so you can read trading charts.
So making money from trading will be easier, experience is also very important to be successful when trading. So multiply the practice,
so that our experience can increases.
I guess all the traders who are not preferring to handle risks of trading, they will get into the state of not at all trading after some time because when you are hating to handle risk then you will slowly get out of the race because this system is working only for the people who are having skill to handle risk with respect to their rewards. I mean even they are not taking the decision of getting out of trading, they cannot sustain to continue their trading.

I agree that risk management must be a very important tool in trading but when you're failed to master the strategies and principles of basic risk management then you can never become a trader at all. I guess this kind of people cannot be a successful investors as well. Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well.
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July 19, 2020, 10:02:33 AM
 #180

Because, all investors are also traders but with different timeframe. So, when you're unable to handle risks then you cannot be a successful investor as well

That's simply not true

And the reverse is not true, either. You can be a trader, for example, a day trader, who doesn't know any of the ins and outs of the assets he trades, but who only looks at what TA tells him (whether it is a profitable strategy long term is another matter). On the other hand, you can invest in a business which you know throughout while you may still deeply despise the trading mindset, as in buy low and sell high. Indeed, there are certain overlaps, but I still would avoid such sweeping generalizations like all traders are investors and vice versa. Put shortly, there is a difference of a kind between these two groups of market players, as opposed to a difference in degree

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