The market can stay irrational longer than you can stay solvent.This quote by economist John Maynard Keynes highlights the importance of managing risk in trading and investing, as market trends can often defy expectations and last for extended periods of time. It serves as a reminder to traders and investors to have a sound risk
New and/or struggling traders like to make trading a right or wrong endeavour. The moment they place their trade, they do it with an expectation to win, which naturally entails being disappointed if they lose.
Fear of uncertainty and of a possible painful future: it often stops us from accomplishing great things in our lives. But I think that fear is often crippling because most people don’t understand risk. They might think that they do, but, in actuality, they really don’t. They only understand it in a kind of loosey-goosey