The meaning of risk. What does risk mean to you?

deaddog · May 27, 2021

ActiveLead said:
Agreed, demo accounts are very beneficial for testing the trading environment before starting live trading.

The problem is that there is no risk with a demo account.

fxforlife · May 28, 2021

Risk means opportunity for me.

kroxobor · May 31, 2021

Risk can be also considered as variability of returns. The higher is variance the less is risk-adjusted returns which is one the basic gauges of trading performance. One way to reduce parameter is to use lower-leverage and cut loss at predefined level.

benten · May 31, 2021

For me, high risk means trading with high leverage.

ActiveLead · May 31, 2021

I believe that risk is a medium to tell a trader that they need to enhance their knowledge and trading skills.

deaddog · May 31, 2021

You cannot control your risk unless you can define it.

Vtechno · May 31, 2021

I see risk as time. Not exactly time but when I think deeply into it then that is the end result. I will always be able to recover from any loss, given time. If I blow up an account and lose 100% (which I have done and assume most traders have) then I think about the time it will take to recover from the loss.

deaddog · May 31, 2021

Vtechno said:
I see risk as time. Not exactly time but when I think deeply into it then that is the end result. I will always be able to recover from any loss, given time. If I blow up an account and lose 100% (which I have done and assume most traders have) then I think about the time it will take to recover from the loss.

I'd be more concerned about where I'd get the capital to start again. I sure as hell don't want to go back to work.

newwurldmn · May 31, 2021

deaddog said:
The problem is that there is no risk with a demo account.

no shit. That’s why the post you quoted stated it was good for understanding how a trading platform works.

Vtechno · May 31, 2021

deaddog said:
I'd be more concerned about where I'd get the capital to start again. I sure as hell don't want to go back to work.

Seed money is easy these days. Sell some old baseball cards or take out an unsecured loan at less than 5%. There has never been a better time to use leverage. It's not responsible but trying to get rich within a short time frame never is.

Edit: I'm talking about 5 figures(or lower 6) and growing from there