The 3 biggest mistakes people make on RISK

John_09 · Mar 28, 2020

rider20 said:
I agree. Over trading is a bad idea.
In fact many people invest so much money in trading that they expose themselves to so much of risk and ending up blowing their accounts altogether.

This happens because of greed. People trade impractically just because of the greed to earn more and more, which gradually brings only losses.

bulls95 · Apr 2, 2020

Bree98 said:
I agree with you. What do you do to make sure that risk is completely managed on your part?

The most important thing is to determine the risk to reward ratio for me.

Teryc20 · Apr 8, 2020

John_09 said:
This happens because of greed. People trade impractically just because of the greed to earn more and more, which gradually brings only losses.

That's right; a big mistake though!

rider20 · Apr 22, 2020

John_09 said:
This happens because of greed. People trade impractically just because of the greed to earn more and more, which gradually brings only losses.

I agree. Greed can lead you to never ending losses. We must abstain from being greedy.

Fordrelsa · Apr 23, 2020

Mistakes are really quite common, and surprisingly we make them very often.

tradenet · Apr 28, 2020

Fordrelsa said:
Mistakes are really quite common, and surprisingly we make them very often.

True. We should rather learn from them and make sure they never happen again. At one stage one can't afford to make silly mistakes.

Elly9 · Apr 29, 2020

tradenet said:
True. We should rather learn from them and make sure they never happen again. At one stage one can't afford to make silly mistakes.

You are right, we must learn from our mistakes.Else there is no point trading.

Dwayne · Jun 2, 2020

Fordrelsa said:
Mistakes are really quite common, and surprisingly we make them very often.

Correct. But one can learn some lessons in life only when he falls. However we must try to avoid those mistakes from happening again and again.

Erik Hughe · Jun 12, 2020

John_09 said:
This happens because of greed. People trade impractically just because of the greed to earn more and more, which gradually brings only losses.

And greed eventually leads to revenge trading which is definitely not a good sign.

Devin larrson · Jun 23, 2020

Elly9 said:
You are right, we must learn from our mistakes.Else there is no point trading.

That's what i believe in doing.