Quote from: Xcode7 on September 12, 2024, 03:58:35 PM

Quote from: Dewi Aries on September 12, 2024, 03:38:12 PM

Basically, risk management is not something that will completely prevent you from the risk of loss, or in other words, no matter how good the risk management you have designed, the risk of loss will always be something that may happen at any time without any indication, but of course one of the reasons why having the discipline to always apply risk management is because the possibility of loss that you will face will be less frequent than if you trade without having any prevention plan.

Profit is nothing more than probability and it also depends on how much knowledge you have to execute the market correctly at the right time, we must remember that our goal here is to seek profit, meaning this is the reason why focusing on various risk management plans that lead to prevention must also always be maintained and do not just focus on various ways to get the benefits.

Risk management is to minimize risk, it does not mean that when we are able to learn risk management, the risk will disappear, in trading the risk is very large so it is important for us to learn to minimize risk.
It is true as you said that everything comes back to yourself to learn everything before deciding to trade and wherever we seek profit will be comparable to the risk we face, it cannot be denied.

And regarding the many traders who experience losses, I think it is common, everyone must experience something like that, but it can be used as a lesson to be a turning point for us to learn better to be able to turn things around, namely getting profit like our initial goal in trading.

Yes, that's right, and in trading there are two things that can trigger risks, the first is caused by a trader's uncontrolled emotions (which is usually what often leads a trader to greater losses) and the second is caused by market fluctuations (a reasonable risk that cannot be completely avoided), so when you want to become a trader, you must first know about what can cause risks, whether it's a reasonable risk or a risk that occurs due to something unnecessary such as emotions, and this second point is what a trader really must be able to maximize, or in the sense that in any way they must try to control themselves.

As you said, that's absolutely right, where losses are something that is common in the world of trading and are experienced by all traders, or simply put, there is not a single trader who has never experienced a loss, and this is why a trader is always advised to have a strong intention and determination to learn, because only by learning will they get development by gaining various new knowledge that will make them a little more protected from the possibility of significant losses, especially avoiding losses caused by emotions.