Post
Topic
Board Economics
Re: less risk or big profit?
by
Japinat
on 03/07/2023, 20:59:34 UTC

In every action you take, there's always a responsibility behind. You need to take that decision and carry the risk. If you are aiming for big profits, you need to learn all the possible ways in gaining the knowledge to have that edge from other traders, with that knowledge you can place your money even it's a huge portion of your savings knowing that the chance is far better in reaching your set targets.

This has become commonplace for businesses large and small. To be able to get something bigger, of course, there will be some pretty difficult obstacles, meaning they can't get out without their knowledge. I hope everyone understands that risk and reward will always go hand in hand, don't be afraid to do things that you find difficult. You can choose several instruments that can be adjusted to your level of risk acceptance.

That risk that you will going to try will somehow give you the opportunity to make something big, though we do have a different viewpoint about it and same with what you mentioned, there's instrument that you can use to adjust the level of risk. It's more on how you accept and handle your decision making.

Taking a big risk in something that you have better understanding might lead you to a good success, though not always, there's still instances that you might be wrong from anticipating the market, but it's all on your call and how you take care of the business.

Meaning, often times, when we do big risks we should make sure that we have studied it well and got some knowledge beforehand so that our anticipated results will happen and that big profits will be on our hand. Yes, I know that it doesn't mean that if we analyzed it carefully, situation will favor us just because of that factor but at least we know that we did our job and in the next step, we are more experienced and knowledgeable to minimize those mistakes.