Skip to content
estrelasdepinhel.com

estrelasdepinhel.com

Taking a Gamble When Trading

Christian Jageurs, June 18, 2024

Taking a gamble when trading can be fun every now and then. You just need to remember not to make it an every day thing.

Taking a gamble when trading is always fun, it satisfies your urges to strike it rich with one trade. Just remember to not over gamble. Keeping your gambling managed is something everyone needs to do.
So what do I mean by gambling? Well you know those times when a stock has gone from $50 to $.20 and you think they will recover slot gacor. You remember when you found a strong stock that you believe will shoot up far when its earnings are announced and that far out of the money call is only $.15.

That is gambling. It is when you are throwing your money away in search of huge unspeakable gains. Now there is nothing wrong with gambling in the stock market as long as it doesn’t become a habit, and you manage your risk.
Let us take the managing your risk issue first. When you trade you should already be using proper risk management. By that I mean you should never be risking any more then 2-5% of your account on any one trade.
If you are going for the gamble you probably want to cut that level down even lower. For instance if you normally risk 2% of your account on one trade you might not want to risk any more than .5% of your account for a gamble. Remember you assume you will lose all money you gamble with.
Another way you can determine how much you should gamble with is by simply asking yourself, how much am I comfortable throwing away. If .5% of your account is $300 but you are only willing to lose $100 on a gamble, do not trade more than $100. Toss the $100 away, assume it is gone but hope it comes back to you as $10,000.

Also you should never get carried away with gambling in trading. That is not a good trading strategy. You should only take a big risk once or twice a year, or whenever you find those big rewards that are too hard to throw away. But any gambling you make as a trader should be small and far apart.
If you are gambling every other trade or even one out of ten trades you are gambling too much. I’ll say it again gambling is not a good trading strategy, but it can be fun every now and then.

Opinion

Post navigation

Previous post
Next post

Leave a Reply Cancel reply

You must be logged in to post a comment.

Categories

Archives

Recent Posts

  • Jacket Men’s Parka

  • Top 10 Best Brand Name Fishing Reel Comparison

  • 100% Wool Sweaters Men

  • Inexpensive Shorts for Men’s

  • Top 10 Best Fishing Reels Sound Comparison

  • Top 10 Best T Mobile Prepaid Coverage Comparison

  • Top 10 Best Undefined Is Not An Object Comparison

  • Men’s Brown Bomber Jacket

  • Sherpa Lined Denim Jackets for Mens

  • Top 10 Best Fishing Reel Protective Bag Comparison

  • Top 10 Best Electric Fishing Reel Salt Water Comparison

  • German Military Jackets Men

  • Top 10 Best John Lewis Copper Trivets Comparison

  • Top 10 Best Cold Water Fishing Reel Comparison

  • Top 10 Best Homemade Tile Trivets Comparison

  • Wishing Others “Merry Christmas”!

  • Jackets for Men 2019

  • Pañales Para Perros Lavables

  • Denim Jackets Mens Spring

  • Jackets for Men’s Columbia

  • Mens Short Walmart

  • Top 10 Best 100 Lb Monofilament Fishing Line Comparison

  • Infant Water Shoes Target

  • Top 10 Best Abu Garcia Fishing Reels Comparison

  • Men Ghost Whisperer Hooded Down Jacket

  • Red Leather Jackets Mens Sale

  • Face Mug

  • Top 10 Best Fishing Reels Grips Red Comparison

  • Top 10 Best Backpack Fishing Reel Comparison

  • What features make McDonough Foreclosure homes an ideal real estate buy and how to find the best deal

©2025 estrelasdepinhel.com | WordPress Theme by SuperbThemes