What Does 'Risky' Means? 👶🏻

Alright so, in order to identify what is risky and what isn't we need first to make sure that we're understand what is the non-risky, Life is Risky, because at the moment we're born and start breathing, we're already start dying, because we have limited amount of breaths that starts to decrease from the first exhalation; I'm just try to bring you in place where you can see that being human and alive will cost us unlimited values and take from us a lot of things, things that in some point we may believe that they are untouchable, but in return, life is fair enough to give you something in return in every time it takes something from you, I lot of people may not having the same POV or you may read my words now and you still think that life has only one job, is to take everything you like/love/want/adore/need/looking-for/ or even worst (Living For).

But I can insure you that you're still not recognized that life doesn't work that way, if me, you, and anyone else see deep closer into his/her life we'll found that after any disappointment journey or event, life's give us something so unique and invaluable capacity, which is [Experience].

For sure that life owns package of experience's such as: Mental experiences involves the aspect of intellect and consciousness experienced as combinations of thought, perception, memory, emotion, and imagination, perceptual experience, Intellectual experience, Emotional experience, Religious experience, Social experience, Virtual experience, including all unconscious cognitive processes.

And this what makes the capacity of handling some circumstance's is not equal from one person to other, it's because we are not moving in the same path in life, which makes some of us moving forward faster than others, it's all because of experiences, That's why there's some job's or /hobbies/ that you cannot own it even if you spend all the money in the world, because all it take is not your money, but you Time, in other word (Your Experience).

Let's Identify The Problem 🤔

When we thinking to start day trading or investing in the stock market, the first thing we hear from almost everyone around us (trader or not), everyone will jump into you're head saying: STOP, DON'T DO IT, IT'S RISKY; who doesn't heard these words in his/her beginning of any trading/investing journey?, People deep in their emotions and imaginations fear from anything they do not have a control on it, I mean, if something I don't have control on it, that's means that someone else control it, and in our case as traders, people tend to fear putting they're money on other people hands from unknown places in this world, and basically when I think about it, yes it may has some scary aspects in it as an idea, but what few people know that this isn't the full theory, there's an important piece of the full image has is missed, and your mission is to find it.

Driving is Risky, Running is Risky, Sports (with all it's kinds) is Risky, as you may know, everything we are dealing with in this life isn't gonna be save if we don't have some amount of experience, let's take for example driving, Driving a car without knowing how to drive it's is such an bad experience and it will leave to the person who tried it for the 1st time bad impression, let's call this person: "XY".

XY saw how most of his/her friends driving cars, and in one day XY decided to take his/her mom's car to try!, The thing that leads him/her to do it even when it's wrong is to feel the way others feel, Enjoyment, Pleasure, Control, Management is what XY was missing and in order to cover all of this, XY choose to take a not-calculated risk which leaded him after to had an accident, just because there was no experience involved in the of his/her driving.

So, What's The Solution 🤷🏻‍♀️

Build the knowledge, have your own experience, is the only way to minimize the risk, Experience as a general concept comprises knowledge of or skill of some thing or some event gained through involvement in or exposure to that thing or event, And in order to have your own experience you need to start spending your time which is the most valuable untouchable thing that everyone own, if you ask any advanced Forex/stock trader about: how much time I need to become profitable trader and learning how to trade from A to Z; The answer will be like: it's depends on how much time you can spend in day learning? if you want to learn trading in:

• 24 hours everyday = means you need to spend 1 year of your age

• 12 hours everyday = means you need to spend 2 years of your age

• 6 hours everyday = means you need to spend 3 years of your age

• 3 hours everyday = means you need to spend 4 years of your age

• 1 hour everyday = means you need to spend 5 years of your age

as you can see, the learning progress shouldn't be under 1 year or above 5 years, and the reason why is because trading contains many aspects that need to be understood and practiced, and each side has a specific way of studying it, it can be said that a period of a year is sufficient to understand the basics of trading and dealing with it, the new learner will receive a lot of information in the first year, which makes that year is the year of preparation For the individual, due to the diversity of educational resources and the abundance of materials that the learner must master, the first year can be as a preparation year during which the rules are understood, and through those rules the learner will be able to define and build a specific idea of ​​trading and will be able to understand many financial terms, As the first year can put the learner on the road to build the first private trading strategy, it can be said that building any trading strategy may take between 6 months to a year, due to the need to train on it and develop it on a daily and continuous basis;

Summary 🤗

Building experience in any field that can make the risk ratio decrease over time. Yes, trading in the stock market is dangerous, trading in Forex is dangerous, getting into the real estate market is dangerous, working as a pilot dangerous, eating with a knife is dangerous, everything we do in our daily lives It is dangerous and can lead to negative results in the absence of sufficient experience to deal with everything that is happening around us, so what I'm trying to say is focused on having a unique experience in which you can find a successful trading strategy, try to grasp the market from A different angle, look at what is outside the box, the financial world is very big and dangerous, but what will make you succeed and reduce that risk is, experience.

🥂

🙋‍♂️ Author: @itsFiras ┊ 26/7/2020 - 03:33 PM

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