Why risk management is so important for Every Trader.

[Karish2return]

By actualizing a risk administration plan and considering the different potential dangers or occasions some time recently they happen, an organization can spare cash and ensure its future. Other vital benefits of hazard administration incorporate: Makes a secure and secure work environment for all staff and clients.

[1714471115]

1714471115

[1714471115]

1714471115

[1714471115]

1714471115

[1714471115]

1714471115

[1714471115]

1714471115

[dunfida]

Risk management is something should be on default when you do make out investment.This is a thing where do really avoid you on messing up and blown up your entire account.

You should consider on having this and not just putting up money and just wait for it to grow or make out profits which is really impossible.As a trader there are lots of things

to be done or needed for you to succeed on this field and not just simply like planting unless if you are a hodler then that surely counts.

[Caldear]

It is inevitable to lose money when trading, but it is necessary to reduce this loss as much as possible. Therefore, risk management is very important.
Risk management is mainly to understand and master the balance between profit and risk. Traders should see the potential gains during the transaction, and more important to anticipate possible losses and reduce risk losses as much as possible. The anticipation and success of a trader's risk management is also related to his trading psychology, when they are not afraid of risk, they will win more profits.

[Liamttw]

The main risk of trading cryptocurrency is its volatility. If you want to profit by investing in cryptocurrency, you must first do a good job in risk management. Cryptocurrency is a high-risk investment, and market prices are very unstable. Changes in market sentiment may cause sudden changes in prices. So learn to manage risks and stop losses in time, which can effectively reduce losses.

[ROSERTY]

Any investment and trading are risky, especially in the crypto market. Investing in cryptocurrency is a risky investment for many people. The cryptocurrency market is volatile and risky.
High returns are bound to have high risks, so before trading, you must understand the nature of the currency, analyze market conditions and price trends, learn and do a good job in risk management, and reduce the loss.

[GreenHash]

The emotional part is very important. Know how to endure in moments of loss to be able to sell when you recover.

 

[horrifiedx1]

most of us and myself included, by trading will get a lot of money quickly, that was the first time in my mind, but it turns out that after trading it is not as easy as we imagine, we are like running a business by calculating the level of risk every time we make a trade. transaction. therefore I realize that my money is very valuable to me, so there must be risk management to anticipate analysis errors

[kotajikikox]

Cryotp Trading is not a Hassle free business, this is very risky business for new people, and nobody can make good amount from crypto currency without any Risk. On the First time i invest a little amount on a Coin now i already make 10x from my investment.               

Are you sure? first time investing and now profiting x10?  Common man are you serious ? 

But well lets assume that you are the question is why still not selling the coins? or why not buying again if you had already sold the coins?

Every trader has to learn about stop loss and their limit to gamble around. When someone complains about the volatility of the market, they don't tell you the complete story. Without risk management, the trader will probably lose everything that they have invested and may not stand in the market for long.

Complaints about volatility ? lol if you are complaining about that then better to get out of this market because crypto investing is a lot of risk as the volatility makes this market moves.

[cheezcarls]

This reminds me of one of my friends who had problems with risk management. He made a bad trade like going all-in. Despite that I have given him advice of not going all-in and should diversify instead, he decided to push through. In the end because of his bad trading decision, he almost lost all of his money and was depressed. I highly agree with you that risk management is very important, especially in the financial side.

[Questat]

This reminds me of one of my friends who had problems with risk management. He made a bad trade like going all-in. Despite that I have given him advice of not going all-in and should diversify instead, he decided to push through. In the end because of his bad trading decision, he almost lost all of his money and was depressed. I highly agree with you that risk management is very important, especially in the financial side.

if we are too careless and don't have a market advantage which knowledge and skill, the chances are huge that we gonna lose. It is something we need to invest in first in Financial Risk Management and so we can appreciate how it was important for us for our next journey.

A lot of people make a good fortune in trading because they work hard to learn as it was the warrant to succeed. If we don't care and place some importance on Risk management, we are simply putting ourselves at risk and possibility losing our money.

[jinneas]

Good risk management in the transaction can effectively reduce losses. Risk management is the key to success.
Before trading, you must observe market liquidity and analyze market conditions, and have your own criteria for judgment. Most transactions in the crypto market are high-risk and high-returns. Only by doing a good job of risk management can reduce losses and maximize profits.

[Ridi]

Risk management is so important for every trader because it helps reduce losses. It help protect traders' accounts from losing all of its money. Risk management helps to identifying  risks, problems or disasters before they happen so that we can solve out these problems.Risk management is key to trading. Every trader lose sometimes but good traders respect and manage their risks that's why risk management is important to every trader. 🙏🙏

[Panxora_COO]

Part of the problem is that what feels right is frequently the wrong thing to do. That's why having models or a strategy to follow gives you a path. Then you have to be disciplined in your approach.

[fullhdpixel]

if we are too careless and don't have a market advantage which knowledge and skill, the chances are huge that we gonna lose. It is something we need to invest in first in Financial Risk Management and so we can appreciate how it was important for us for our next journey.

A lot of people make a good fortune in trading because they work hard to learn as it was the warrant to succeed. If we don't care and place some importance on Risk management, we are simply putting ourselves at risk and possibility losing our money.

That liquidity is the thing that saves people, if we want risk management to be done perfectly then we need to be liquid a bit at all times so that we can make some profit but not everyone have unlimited funds so it becomes a problem for some people.

I agree with you that without risk management all we have is losses that can't be taken back and just keep on losing money, and that is why it is a bad thing however at the same time I believe that we should be able to do risk management even when we do not have too much money and it is not simple at all, it is really a difficult thing to do when you have a very little amount of money. So I do not know what people with less than a thousand dollars do for risk management, I know I didn't do any risk management at all and it was a horrible period for me, all my losses were near permanent losses but after that I got a bit easier profits.

[Panxora_COO]

Right now my firm Panxora is offering bitcointalk members the opportunity to use our professional risk management service without charge. We are a registered Cayman Islands Asset Management company and these models have traded over $800,000,000 worth of crypto-assets since 2017.
Visit this thread to get further information.
FURTHER INFORMATION ABOUT PANXORA RISK MANAGEMENT AS A SERVICE

[Dr.Osh]

This reminds me of one of my friends who had problems with risk management. He made a bad trade like going all-in. Despite that I have given him advice of not going all-in and should diversify instead, he decided to push through. In the end because of his bad trading decision, he almost lost all of his money and was depressed. I highly agree with you that risk management is very important, especially in the financial side.

well, if your friend chooses all-in, then the risk percentage also increases. this makes me think that this is related to the explanation in the cryptocurrency world that the percentage of profits on an up and down is very different.
however, the most important strategy in trading is to make a sign for a cut loss. it can make a trader minimize the risk. Besides, another mistake your friend makes is that he goes all-in. well, in terms of profit, it is very profitable. however, in terms of risk, it is very dangerous, especially if he does not have a good management strategy in the world of trading.
well, it can be an important lesson for us in the future.

[lepbagong]

Part of the problem is that what feels right is frequently the wrong thing to do. That's why having models or a strategy to follow gives you a path. Then you have to be disciplined in your approach.

You are right, because all of this is caused by overconfidence, which often results in what they do must be right. it shouldn't be like that, it's not very good too feel that what they are doing must be right. must be aware that everyone will experience the name of mistakes that are not realized, which may be out of control.

Therefore, experience in every action, is always the main milestone to step into something that might be done, by continuing to hone yourself and analyze well. because everything needs to be done perfectly to get the best thing later.

[Rehan Zakir]

Risk management is very important in every field of life. Without manage risk our loss chances are very high. And in trading risk management is an essential part of trading. In trading we named it stop loss. It means you manage your risk that after that rate i will exit the market. In this technique your total account balance will not vanish.

[doremonchina]

risk management is so importent becouse its cover loss of traders and cut losses for all traders account if a traders makes good profits and making smart money and risk occur then they loss all money and they are in loss but in this time stop loss is a great way to stop her loss
use this tip if you getting some profits then put stop los and also stop orders to keep safe your profits and also make some good plan for your future trading
unfurtunetly some traders entry in trading without any idea of trading at any platform which give huge loss her money

[finaleshot2016]

Part of the problem is that what feels right is frequently the wrong thing to do. That's why having models or a strategy to follow gives you a path. Then you have to be disciplined in your approach.

You are right, because all of this is caused by overconfidence, which often results in what they do must be right. it shouldn't be like that, it's not very good too feel that what they are doing must be right. must be aware that everyone will experience the name of mistakes that are not realized, which may be out of control.

Therefore, experience in every action, is always the main milestone to step into something that might be done, by continuing to hone yourself and analyze well. because everything needs to be done perfectly to get the best thing later.

Agreed, some individuals are simply overconfident and do not consider the possibility of a negative conclusion; people always feel that it will always pump, but the contrary occurs, and in the worst event, it remains at the dip. Consider that if you've done risk management, you'll be able to stop your losses and diversify your holdings, resulting in more profits. It is preferable to have experience before investing large sums of money; experience is the greatest method to stay on track with your investment.