Quote from: geegaw on April 07, 2017, 02:14:20 PM

Quote from: deisik on April 07, 2017, 02:03:48 PM

Quote from: Sled on April 06, 2017, 10:08:22 PM

Quote from: stergium on April 06, 2017, 09:28:27 PM

yes that is very right, without taking risk, i also do not think that we can made money. if we want to make money from trading then we must have to take take risk and invest money inn trading.

That is right, that is how a trader should think. If someone is not taking a risk then there would be no change in his life because risk means embracing the change and that is what you will do in trading if you are a real risk taker, you will just take the risk and invest your money in trading because if you do that, then you already unlocked the possibilities that you will get a greater source of income if you study and do it very well

Personally, I don't think that this is a right approach

As to me, deliberately taking risks is closer to radical sports than making wise decisions (which are a must-have in trading, so to speak). In real life, you should minimize risks, not expand them (unless you have no other option left, of course). You correctly referred to a difficult task of embracing change but this has nothing to do with risks. In fact, you may aim specifically at reducing risks (which is what we should ultimately go for as I just said), but that might still demand a radical change in your attitude and traits which can be hard to accomplish

I think if we want to succeed in trading, we have to take risks. Maybe that risk is great but if we feel there is still a chance, we should try. Reducing risk is what we all want but sometimes we need bravery and determination in many situations. Minimizing the risk can make us scared, if the more we think about reducing risk, we will feel that what we are doing may not be successful. In trading, one is we succeed and earn money, two is we have nothing and starting from the number 0

We all know that there is risk in trading, but if we can minimize if then it is good on our side. To reduce risk, one have to understand the maximum money that you can lose on the trade and you should ask yourself if you are willing to accept the lose. Remember, every time a trade is made, a risk is assumed. Therefore, one of the easiest ways to reduce risk is not to over trade.