The meaning of risk.

Discussions about trading the Forex markets.
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FxMM
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The meaning of risk.

Post by FxMM » Fri Apr 09, 2004 4:20 pm

Many people speak about risk. But the true meaning of risk is merely a reflection of what a trader perceives to be an edge. What do you all believe about the nature of risk? Perhapes its volitility expressed by ATR, perceived probabilities or support/resistance points. reply to this post with your perception of risk. And explain why you feel your method is superior to others.

Hiramhon
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Post by Hiramhon » Fri Apr 09, 2004 7:34 pm

The Bulletin of the Atomic Scientists has been continuously estimating the risk of an all-out nuclear war, for more than 50 years. They express this risk as a Doomsday Clock; when the clock reaches midnight, the earth is incinerated. The present reading is 11:53 PM, seven minutes before midnight. You can read about it at http://www.thebulletin.org/media/current.html.

Now THAT'S risk.

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