Trading is all about risk-taking, so as much as possible you have be a risk-taker in the first place for you to maximize reaching your goal in trading. Now, the question is, are there chances for any not risk-taker to succeed in trading. It depends for me, since trading can be learned in time as well as the risks that are involved when trading. But as long as you know your ultimate goal why you trade, then you should adapt the required knowledge, skills and strategies, and even building yourself on how to manage calculated risks.
There's certainly no chance if they don't take any risks. However, it's important to remember that effective risk-taking must be supported by adequate knowledge and preparation, such as understanding the basic concepts of trading, such as technical analysis, fundamental analysis, and risk management. Yes, every trade doesn't always go smoothly every failure has a lesson. We should record every failure while trading so we can change our approach in the future. It's important to remember that taking risks doesn't mean acting recklessly. Proper risk management, such as setting limits and conducting in-depth analysis, can help minimize potential losses.
Yes, taking risks without knowledge is very risky and we will definitely lose the direction of our trading goals. By combining all the methods you mentioned above, it can provide a more complete picture and help in better decision making.
Using multiple methods allows traders to develop multiple strategies that can be applied, in market situations that often change rapidly, and with a combination of different methods allows traders to adapt better and It also helps traders in reducing risks and increasing opportunities for profit
It’s true that risk-taking is at the core of trading but what really separates successful traders from those who fail is how they prepare themselves before taking that risk, just jumping into the market without proper knowledge is no different from gambling because there’s no real plan to fall back on, that’s why learning technical analysis, fundamental analysis, and especially risk management becomes so important, every failed trade can teach a lesson if recorded properly and those lessons should guide the next strategy, otherwise the same mistakes will just keep repeating. Trading is not about avoiding risks completely but about learning how to manage them in a way that keeps you in the game long enough to grow your account over time, setting clear limits, deciding how much to risk per trade, and sticking to those rules no matter what emotion says can make the difference between survival and total loss, markets will always change fast and that’s why using multiple strategies or combining methods is very helpful because it gives more flexibility to adapt to new conditions, in the end, trading is not just about being brave enough to take risks but being smart enough to control those risks so that profit opportunities can be maximized without losing sight of the long term goal.