The meaning of risk.
The meaning of risk.
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.
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.
Now THAT'S risk.