The People Always tend to underestimate the Importance of Risk Management. No one Can explain the Risk management in 10 Minutes and It's a deep subject that requires continuous study and knowledge on different aspects. My Questions are, 1. Could you avoid risks when the activity is soo important for the Industry to Operate 2. Will you take insurance, when the Cost of Product is soo cheap and Affordable? 3. Will, you ignore insurance when you don't know "What is risk management" Of course, you won't. If you want deep knowledge in Risk Management, You need the complete data on Business, Operational Overhead, Potential losses, Insurance requirements, Legislative details, Risk Control options, Risk sharing options, Knowledge on Co-Insurance schemes etc. If you want to learn entire risk management, Study through a right education system and listen to experienced professionals. Don't blame people. Move on Man @ Chris Davenport ---- Don't listen to people complaining that you are damn bad. You are worth it. Cheers.
When I was asking people how far to the next village walking through the Himalayas on the way to Everest, you have to ask them "how many cigarettes to the next village?". Because they measure time in cigarettes. If they say "two cigarettes", then it's about three hours
Most strategies point out three or four trades on a chart, which implies that everything else on the chart is incomprehensible, meaningless, or risky. But the IQD momentum strategy from Lukasz Wilhelm teaches there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones. I used to take just 2-3 trades a day but now I take over 10 because I use a system that shows me where to look. I mean the IQD Momentum system from Lukasz .
Thanks for the analysis! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅
MEAT
Mitigate- change the situation
Eliminate- don't do it
Accept- let's go and do it!
Transfer - let someone else take risk first
How to deal with risks: Mitigate risks; Eliminate risks; Accept risks; Transfer risks.
It's risk response
Great to see you here Chris!hope to see you again in Morocco ,after the pandemic 🐪🐪🐪
The People Always tend to underestimate the Importance of Risk Management. No one Can explain the Risk management in 10 Minutes and It's a deep subject that requires continuous study and knowledge on different aspects.
My Questions are,
1. Could you avoid risks when the activity is soo important for the Industry to Operate
2. Will you take insurance, when the Cost of Product is soo cheap and Affordable?
3. Will, you ignore insurance when you don't know "What is risk management"
Of course, you won't.
If you want deep knowledge in Risk Management, You need the complete data on Business, Operational Overhead, Potential losses, Insurance requirements, Legislative details, Risk Control options, Risk sharing options, Knowledge on Co-Insurance schemes etc.
If you want to learn entire risk management, Study through a right education system and listen to experienced professionals. Don't blame people.
Move on Man @ Chris Davenport ---- Don't listen to people complaining that you are damn bad. You are worth it.
Cheers.
Great closing quotes :)
Risks are important to take into consideration. Thanks for the talk ! :)
Thank you
So well said we take risks ? Great great talk. Inspiring. Thank you, bless you. All your dreams come true.
ABSOLUTELY INSPIRATIONAL!!!
When I was asking people how far to the next village walking through the Himalayas on the way to Everest, you have to ask them "how many cigarettes to the next village?". Because they measure time in cigarettes. If they say "two cigarettes", then it's about three hours
You dont get reward without risk. Risk can be positive.
Transferring the risk....my line of business.
Most strategies point out three or
four trades on a chart, which implies that everything else on the chart is incomprehensible, meaningless, or risky. But the IQD momentum strategy from Lukasz Wilhelm teaches there is something to be learned from every tick that takes place during the day and that there are far more great trades on every chart than just the few obvious ones. I used to take just 2-3 trades a day but now I take over 10 because I use a system that shows me where to look. I mean the IQD Momentum system from Lukasz .
Thanks for the analysis! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅
I thought exactly the same, but then each time you take on an insurance policy you are transferring risks
Loved it!!
thank you so much for providing us this beautiful tutorial. it is sounds good and can easily understand the topic in a short duration.
طرح جميل جداً، شكراً لكم
All in all, risk management: don't do risky things
Treat, tolerate, transfer, or terminate. OR Mitigate, Transfer, Accept, or Avoid.
Summary: I climbed Mount Everest, I am a vegetarian
Ha!
Hahaha
hahahahaha
hahahahahahaha
Nice❤
safety
He just couldn’t help saying that he was a vagitarian........
That sound he makes after a sentence drives me insane
illogical to accept risk yeah we can eliminate risk in the business by paying the insurance
what?
What a Boston gaper.