The 3 biggest mistakes people make on RISK

Discussion in 'Risk Management' started by dozu888, Jun 30, 2019.

  1. Elly9

    Elly9

    True that. Repeating the mistakes and not learning from them is not a sign of a good trader.
     
    #61     Jul 3, 2020
    Dwayne likes this.
  2. banzok

    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.
     
    #62     Jul 13, 2020
    rider20 likes this.
  3. rider20

    rider20

    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.
     
    #63     Jan 6, 2021
  4. Stione

    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.
     
    #64     Jan 7, 2021
    Laura48 and murray t turtle like this.
  5. %%
    Good....................................................................................................And good tech trend/JAN
     
    #65     Jan 7, 2021
    Stione likes this.
  6. Laura48

    Laura48

    Agreed! I also consider both while trading.
     
    #66     Jan 25, 2021
    murray t turtle likes this.
  7. %%
    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................................................................................................................
     
    #67     Jan 25, 2021
  8. SunTrader

    SunTrader

    Wow this is some topic!!!!
     
    #68     Jan 25, 2021
  9. deaddog

    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!!
     
    #69     Jan 25, 2021
    comagnum and murray t turtle like this.
  10. [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]
    %%
    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.
     
    #70     Jan 25, 2021