Those that hate risks!

[novaprime]

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.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.

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[Assface16678]

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.

There is no way to avoid this market risk and risk should be considered a part of your life because you have to get used to it. Instead of trying to avoid it, you should learn how to minimize the risk because if you have the right strategy, you can control all your investments well. Also, you can read some other ways and can apply it if it feels right for your investment.

This is one of the secrets in trading if you want to win all of your trades you must need to avoid and lessen the risk to your money, in that case, you do not losses all of your funds immediately instead you will have enough market profit despite you have a daily quota or weekly on it.

Let's say you have a fund which is over ten (10) dollars and you already win your funds and because of too much greedy you want more of it and now the dumping of the price are starting on and you cannot make a good market profit now and you have now two choices which are:

Waiting for the market to pump up again and hodl your trade that could possibly chance of rapid downfall.

Pull out your funds because you already have enough profit

Choose one.

[Deeshawn]

Trading is meant only for people with boldness, though is all about risk aswell as no one can predict the market but what I know is when risking trades, you can also try all possible Bert to avoid much loss but maximize your profit. All depends on the skills acquire before venturing into trading.

[SARA ISLAM]

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy. The rule of strategy cannot be broken.
Money management is the key to success. If you follow money management with strategy, you can do profitable trading.

[Tahsin Kabir Kollol]

Risk is intimately involved with all investments, including trading. If one thinks that it is possible to trade without risk, It is not possible to guarantee a 100% profit in the case of trading. Only by gaining knowledge about trading and gaining practical skills can the amount of risk be reduced. So you have to trade after accepting the risk of losing money and your skills and experience can be used to overcome this fear.

[bitterguy28]

In order to trade, one must first acquire education, create a strategy, and backtest, then trade according to the strategy.

Practicing every time you find good strategy will give you much better outcomes.

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading.

Money management is the key to success. If you follow money management with strategy, you can do profitable trading.

You can, as long as you know what you are doing it's giving you opportunities to succeed.

[deisik]

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

[lixer]

I do not understand why we are being harsh towards people who do not like risks? I mean there are riskless stuff in the trade world that you can do that would help you out and still allow you to be a trader. For example if you have some stop loss, some support points and resistance points ready with sell orders and buy orders, I am pretty sure that you could make a trade on bitcoin constantly. Of course, you could make a change but at the same time that doesn't mean that it will be suddenly too risky or less risky.

So, what I am trying to say here is that people who hate risk could still be involved with bitcoin trading, even if you do not want to do a day trade, just buy it and keep it and do not sell it until it is 20% profit and that is trading all the same even though it would be considered mostly investment.

[milewilda]

The rule of strategy cannot be broken.

You must stick and strictly follow what you already plan while trading

Do you know the difference between a pro and an amateur?

And the difference between professionals and amateurs in any game [emphasis mine] is that the professional knows when to stop (these are not my words, so no plagiarism intended). So it is definitely not like "you must stick and strictly follow what you already planned". If something goes against your plans, you should always be ready and willing to fold. If you are trying to push through, no matter what, you may end up losing much more than if you abandoned your plan immediately, without second thoughts or regrets (read, no sunk cost fallacies are allowed in trading)

When plan is likely to fail then there would always be a plan B.If you dont have it then better quit and not to proceed at all.I agree on what you have said on here on which this is a common reason why traders
do really lost up their capital because they do force out things to happen according to their likes even the current condition they are taking is totally going opposite.Soon they do realize when its already too late.
All plans wont be executed or would happen according on what you anticipated and with this kind of market we are dealing with then its no surprise for these kind of circumstances.