Happy new year to all. It has really been a long time I came on board Hive. I have been busy on my teaching job. Managing class, looking after the kids and at same time been online had been quite demanding but I am now fully back to Hive.
Photo is Mine
In response to the contest inquiry about what could be my biggest fears or BIG RISK and things I don’t consider as risk - LEAST RISK. What I think could be a big risk is the fear of losing a trade or someone.
I am a risk taker though, I've learnt to cultivate and integrate the habit of taking risk and been positively minded about it especially during trading.
You will learn about my encounter in one of the risk I took lately.
I came across a trading site by name Pocket option recently. There is a signal group on telegram I joined to receive signals from some experienced Traders.
They claim they give the best of signals to which trade pair will do well in the next 5 minutes.
My biggest fear was the risk of losing an investment in one of the trades. Initially it was appealing after trading with a demo account.
With each day results been 90% correct. For someday's 80% but it’s never below 50% let’s say for worse case scenarios there have never been a 50% accuracy prediction.
Most predictions where roughly estimated as 80% – 100% for recent results I realized when trading with a demo account.
Initially I deposited 6$. Into my real trading account. I made a profit of $2. Everything amounted to $8. I was excited on the trade results not until the $8 was cleared and reduced to $0.5.
Although it didn’t turned out funny and I consider it been the biggest risk. The fear of losing finances because literally, Everyone now will tell you they are barely struggling for themselves in the current economy situation and almost no one has spare any longer if you run into a zero.
It is very essential to be careful of financial management and can be considered a big risk when it is lost except you have some still available. Do not risk putting all eggs in one basket.
The risk of losing someone is also a big risk to me. When I lost my Dad it was really a hard time.
Although I was in school then in the University of Uyo, AkwaIbom State Nigeria.
I couldn’t cope for that semester. I had to collect suspension of studies in school to take care of my self inorder to recover from the feelings of demise. I will say to his gentle and loving soul to rest in peace. Her daughter Rejoice wishes him perfect peace. It is also a big risk to me.
My Least risk
I consider the fear of encountering challenges in my day to day activities as a least risk. I have the mindset that all challenges have a solutions to them which will definitely require money to solve and move on. I will be able to cater for them because I am a working.
Risk are part of life. However I finally learnt some lessons that; if it comes with increment, which will result two sided results, One should do proper research to be certain of wining.
I usually have this positive attitude towards making things work but a candid advise is;
For people who are sensitive to emotions, it is necessary to weigh the risk before taking it or risk what you can afford. Do not risk everything.
Thank you for your reading time, I will see you some other time. Goodbye!