Originally Posted by
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The complete hardcore reality about trading is that you must control risk to be prosperous. Only by limiting risk is it possible to make gains. But that did not seem logical to me and I resisted the thought even though I'd already lost a considerable amount before I was edued that this principal. Logic indied that more risk you take, the more gains you get so, all that's needed is that a winning egy higher risk and I could get rich fast. Not until continued fast losses were experienced, did I eventually relinquish the get rich quick mentality and re believe the question of risk. Slowly but surely I learnt that risk management wasn't just the most crucial instrument, but the important ingredient for success however ironically, with compounding, can nevertheless produce an amazing rate of return. What exactly are you going to do take this information today - or keep trying the hopeless until you eventually learn it the hard way like I did? I voted yes but you also can be an outlier and save alot of pain if you hear