Ok thanks. What's TE?Originally Posted by ;
Broker RisksOriginally Posted by ;
Platform technology risks
Internet link risks
Liquidity risk
Flash crashes
Black Swan occasions
Many more....
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If it does not it may be a painful learning curve to get some.Originally Posted by ;
Each trader should plot their own future in trading as best as they can.
Risk and Trade management in my view status up near the very top.
A trader that can use very good risk and trade management can make an otherwise crappy trading system profitable.
A trader who has a very good trading system in their disposal but lacks risk controller will not become consistently profitable over the long run.
We all know this but how many people apply it and employ it nicely?
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Broker RisksOriginally Posted by ;
- maybe not actually, simple buy bonds (or other structured products to go away from the broker when he obtained problems) and utilize margin out of this for trading rest, problem solved
Platform technology risks
- simple use more then 1 broker and more then 1 platform for each broker, issues solved
Internet link risks
- only use more then 1 link same time, for backup, always decide on a tp and sl and always have all emergency phone numbers for closing all just from case, problem solved
Liquidity risk
- simple calculate it, after you buy near all the market in the moment you buy for a good spread, dont greater the quantity, just add other egies, issues solved (this was for go in exchange and proceed out trade, dont exchange more volume that it is possible to go in and out without any issues and also take a look at all associated pairs with rankings in same direction)
Flash crashes
- simple use options to store against this and also cover the fee, if you want save against this, problem solved (just for intraday its more difficult, but if you trade mid and long term same period often with great system even this intraday becomes potential to spare in conjunction of )
Black Swan occasions
exactly the same such as flash crashs. .
Many more....
- its not really simple to loe any you cant fix, or it'll not be any retail problem exactly the same time institutionell problem. Most that which you listed are not any retail issues in any way, and near all could be prevented easy.
Ofcourse you will find risk in market, but no retail has larger then institutionell, minus the retailer dont know enough mathematics and basics.
hmm, actually? Never have I seen it impossible. But come from banks unwanted, so maybe we did it planed and heard from the floor what to install at basic, then discovered how to trade.Originally Posted by ;
That which you mention I discovered always the simple part of trading, easy basic knowledge and problem solved, including often more trading systems and maintain all in line and handling together was more work later, the fundamentals never was a problem, once you put the principles and maintain it.
With everything you have problems in last 20 years what wasn't solveable with this even simple rules I said in last article?
At what you mention are the simple parts, there are bad parts: like you obtain family issues, wars, death or sickness, you get older, nuclear power plant problems, plain crashes or other injuries,.... That you cant aim, however, your easy issues that anyone know this can occur and are possible to prevent with often simple parts, thats against the actual problems quite small, and after solved to really significant. What you know and you will find cheap solutions for this, this is easy. The unknown (or even extrem extrem rarely) issues or the issues that have only expensive alternatives, this are the really big issues.
Little case.Originally Posted by ;
The SNB event.
Did all banks and related brokerages escape unshed?
https://www.forbes.com/sites/timwors.../#286776392acd
Nope!
All risk can never be completely controlled. . .never.
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SNB is super example. It was a fixed amount, anybody know when mend levels are published you will find large movements, therefore dont trade currency or use option. point. This easy example is poor, many high degree brokers even cautioned their larger clients extrem, in this months and weeks before, that there are extrem order loed within this stage and risk is crazy high if something will occur. Therefore a high occasion has large effects.Originally Posted by ;
this case would then be easy controlled, but what is an example then what is not controlled? Ofcourse, when you exchange this risk then you get sometimes this risk to cover. But thats regular in every small business. Sometimes you have this with currencies in close of extrem high/low (in several years or decades).
But what risk you got as trader there? You trade a currency close to a fixed level whot got this level by snb, so risk of level going away some day is big. You dont commerce when there will be interest rates following moment. So same thing, the risk being at wrong loion is identical, and interest rates is much smaller event, because planed, and level climbing or canceling is often totally unplaned. I think two or three times the level was in eurchf improved earlier this happend and it got very rapid moves in up direction.
So your expample is, when you're in very risky position at a side what is very risky, you can have larger problems, just ordinary. Utilize a option if you would like this risk or prevent this market or live with the risk. Its nothing which was not possible to controll, because most only waited when this level will fall, not that it will fall.
But you could not trade simple other currency or utilize option, because risk was extrem big? Why you can call this as example? Ofcourse some will lose, always some must lose at a market where some must shed so an other can win. Many won same time when lots of missing.
Ofcourse all risks can never be controlled, I called you many that cant so easy, but this small instance was possible to avoid.
Many dont like to learn in the floor and believe trading is so difficult, individuals who learned from the ground (first basics complete to possess perfect installation and later trading) believe complete different, because they come in complete other scenarios with complete other risks. You can observe this with so many people you talk about or understand from older offices, most never have learned it from floor or stoped studying the floor basics and therefore cant see many risks or can observe risks but dont understand how exactly is a cheap way to safeguard against.
The problem was that many not expected the entire potential extent of the move or perhaps some conducted risk versions but made the decision to keep most of their fingers in the pie.Originally Posted by ;
That was SNB.
Now then have a peek at the GBP flash accident.
No way could anyone ever have called this 60 second go in the Asian session I recall.
Any trader in a GBP related pair at that time without stops will have some harsh realities.
This wreck was not possible to predict and even more impossible to control the impact.
Many more examples are out there.
They might be rare but their impact may quickly ruin an otherwise good trading record.
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I started my thread since u stated with egy in it and demo account details so that you can monitor account when u want
here's link to thread
https://www.forexforum.co.za/cryptoc...tiple-eas.html