Post
Topic
Board Trading Discussion
Re: Trading is unpredictable job.
by
geegaw
on 07/04/2017, 14:14:20 UTC
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