Post
Topic
Board Trading Discussion
Re: Don't trade what you can't risk loosing
by
TheGreatPython
on 21/06/2020, 18:54:56 UTC
Actually, this is a simple thing. you just don't need to put all your money into trading. however, it has a big risk. if you want to be serious about this, that's very good, but don't ever take a greater risk than what you can bear. my suggestion is to use your assets below 50%.
I don’t take trading seriously, I trade whenever I feel like to trade. Mostly what I do is to hold my assets till the right moment. Have heard of people who committed suicide for losing in trade , like the recent story of the 20 years old boy. It’s all about being aware, and just as you have said, it doesn’t multiply your money like magic. Once you’re here and you decide it’s trading that you’re all about, then you have to work for it.

That is very obvious in my view. It’s just crazy to risk anything that you can’t afford to lose. As it will only make you struggle, so it’s must to focus on putting what you can be convinced of being able to afford in worst scenario.
Sometimes the struggle is not something that you would like to be into, it’s quite difficult to escape from it when you fall in there. So it’s best to avoid, and if you’re not perfect, just stay out of trading and simply hold your assets.