Post
Topic
Board Trading Discussion
Re: Why risk management is so important for Every Trader.
by
ningrum
on 22/06/2021, 11:03:09 UTC
You should learn about the same and you must invest in the market with small amount to develop the skill.
Learning with a small amount should be the starters activity so that they will have the idea how hard it is to make money in trading. And as they learn with that little amount, they will also understand why risk management is very important.

And when they have learned about risk management, they will now change their minds that earning and trading throguh crypto requires patience and time.
we must understand how difficult it is to make a profit, so that we can appreciate the risks that must be borne in every transaction. that way we can regulate psychology when we use large capital and can appreciate our capital. many traders fail because they are complacent only to be oriented to big profits in a short time
I think at times like these when the market is not looking strong that many people start appreciating how hard it is to make profit. Risks are everywhere while chances to make gains are not so common. Because the market can be so competitive and volatile managing risk is crucial to retain any profit or else you'll fall over the line of despair.
Yes, if you look at the current conditions, the risk of losing profits is certainly quite large,
so we need to be careful and at least be able to manage the existing risks,
despite the fact that not everyone can do that because it's not as easy as we think