I totally agree. the only thing that is more dangerous and risky than investing is casino games. but, as for me, to play in a casino is not to respect yourself. Therefore, I still prefer investments. Although in any case, investments are also not the best way to earn money.
Amelainn posted: I totally agree. the only thing that is more dangerous and risky than investing is casino games. but, as for me, to play in a casino is not to respect yourself. Therefore, I still prefer investments. Although in any case, investments are also not the best way to earn money.
If you have proper knowledge and skills, you can easily make a handsome amount of money.
All businesses have some kind of risk. The same goes for forex trading. You might make money, or you might lose it all, but there are ways to mitigate your losses and increase your chances of making an overall profit.
Exactly! The purpose of risk management is to minimise risks and increase profits. If traders can apply the right methods to minimise risks, then they can easily increase the chance of making profits. Some of the risk management methods include use of stop loss and take profits, allocating reward risk ratio to trades, and risking small percentage of capital which you can afford to lose
you need to take some form of risk in life to make a gain. if you are not putting any thing on the table then you cant expect to make gains, now the importance is to not put any thing down you are not willing to lose and that you take an educated assessment of the risk to reward and understand that it will not all ways play out in your favour there for double and nothing stakes dont work for you
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