The 3 biggest mistakes people make on RISK

[Elly9]

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.

True that. Repeating the mistakes and not learning from them is not a sign of a good trader.

 

[banzok]

The main mistakes, as for me, are the lack of analysis of their mistakes. Traders simply do not want to do this, and then make mistakes that should not be done.

 

[rider20]

The main mistakes, as for me, are the lack of analysis of their mistakes. Traders simply do not want to do this, and then make mistakes that should not be done.

Well said. A good analysis is a must for trades. However, traders are usually reluctant to do analysis be it fundamental or technical, when it reality a good analysis can save you a great deal.

 

[Stione]

Correct! The right kind of analysis is a must. And I think, both fundamentals and technical have a major role to play, can't skip any completely.

 

[murray t turtle]

Correct! The right kind of analysis is a must. And I think, both fundamentals and technical have a major role to play, can't skip any completely.

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Good....................................................................................................And good tech trend/JAN

 

[Laura48]

Correct! The right kind of analysis is a must. And I think, both fundamentals and technical have a major role to play, can't skip any completely.

Agreed! I also consider both while trading.

 

[murray t turtle]

How big is the risk to the person is related to how much the person is risking with respect to his total networth.

As for sky diving, I will never do it personally. It's a matter of perspective. I see mostly risks but negligible monetary returns in sky diving. It's unnecessary risk to me. It's a have-risk-no-gain dumb activity to me. LOL.

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Exactly/exactly. I dont even shoot many gamebirds when they skydive\LOL; even though i could easily afford that kind of risk reward.
I NEVER would do skydiving\terrible risk reward both fundamentals + technicals. But he took a risk in his consulting business ,which most employees consider too risky.So far so good.
IF i had learned to sky dive as a kid, in a skydiving business/thats much different.Many people consider guns risky/not @ all with proper safety commandments, younger is better also................................................................................................................

 

[SunTrader]

Wow this is some topic!!!!

 

[deaddog]

Sky diving is easy. All you have to do is jump out of an airplane. Hell you don't even need a parachute unless you want to do it twice.

Kinda like trading!!

 

[murray t turtle]

[QUOTE="deaddog, post: 5306003, member: 70378".....easy,. jump out of an airplane; you don't even need a parachute unless you want to do it twice.

Kinda like trading!![/QUOTE]
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Its easier than that, if you are a game bird.Or better yet a skydiving song bird/ i dont shoot those anymore]LOL.The powers that be put that in writing
I have shot gamebirds flying down a hill or @ many positions on a clock, except 12 noon= is too easy to miss, for me on gamebirds.
Inverse ETfs are different.