I'm starting to think that "risk" is just another Jewish term to scare away people from money and financial interest. Risk is really relative, just as price is.
Wage-cuckery is far more risky, but without all the benefits a high-risk investment can provide.
This about it: you lose your job, you or your mom get an illness and must use almost all your savings to pay... you are at risk of poverty, but your boss get more reward AND less risk, because less money is far better than no income at all.
How is wage-cuckery not considered a risky investment?
Wage cuckery is a time-consuming, dehumanizing, high-risk, low-reward outdated system. I expect to be free from it very soon.
I have to wake up tomorrow at 6:45 AM to prepare my breakfast and go to work after 6 people were laid off past week.
I the hell did I survive this?
What if you enjoy doing your wagecuck job more than just making money?
>someones paying me for something i do in my free time...
>>2221150
I should be at work by 9am tomorrow, but no one cares if i arrive at noon.... im going to wake up at 6am and get there by 7am because i enjoy what i do so much that i cant wait for us to release our next product. Also theres free coffee there :)
Joke's on you, I have a career with a degree, work from home, hours are flexible, room for growth, benefits, boss is awesome and side gigs that generate passive income. The meme's not the wagecuckery, is choosing to do a job you don't want to do.
>>2221203
Yes, but your boss does not want to do what you like, but what makes money.
Sometimes it is the same think you like, sometimes is not.
How in the hell could a man enjoy being awakened by the need to get up because they haven't done anything all day, roll out of bed, shit, piss, feed, and fight boredom by getting to a place where essentially you watch other people make lots of money or somebody else doing something meaningful with their lives and you're supposed to be grateful for the opportunity to do so?
Risk is when you take your account and leverage it 10x for your entry.
No actually, in realspeak, risk is what you expect to lose on a trade, and profit is what you [expect to] win. Expectancy is when you sum winrate*avgprofit + (1-winrate)*(-avglosses). When this value is positive, you have a winning (profitable) trade system. In Roulette at a casino, you are stuck with the table layout and payout ratios given, and if you calculate the casino's expectancy, they make (20/38)*($1)+(18/38)*(-$1)=0.054*$1 or 5.4 cents for every Dollar bet. The casino does not gamble. The casino has a system which puts it ahead of the player. You cannot beat the Roulette table in a finite universe, even with Martingale. You, as a trader, must be the casino and must make the market into the player in your game. You get to set your payout ratio and, with proper chart reading and timing, you set the game board/wheel odds for or against you.
Your risk is what you stand to lose in a given trade. Basically your risk % in a trade is ([|$entry-$stop|/$entry]*100)%. Your account risk % if you go full-bore is ([|$entry-$stop|/$account]*100)%. Risk management is when you select an acceptable account risk % and then size your trades to fit that account risk. What this means is if you place a $stop at a level where your trade would lose 5%, and you want an account risk of 2% on that trade, your leverage would be .4x or 2/5ths. You would by 2/5ths of what your account is capable of buying at $entry. If you wanted to make a (1/5)% price change fit your 2% account risk instead, you'd use 10x leverage. See? This is the most basic of risk management.
The other parts are: should you use a limit or market stop-loss? What happens if you set too small of a limit in a market with too-shallow a market depth and not enough liquidity? These are the other aspects of your risk management plan you must evaluate.
BTW I'm a NEET trader newfag who can research....
Risk has a negative connotation on balance in our society. Less so than in most other societies given our romantic notion of young entrepreneurs but enough that insurance is pervasive in all areas of life. The majority of people associate the idea of risk with downside risk, but in reality risk applies to both directions.
>>2221234
>wageslave thinks he is free
>actually just brainwashed by TV to think that the unsustainable modern lifestyle will go on forever
>never read Ted's new book
>>2221150
>Wage-cuckery is far more risky, but without all the benefits a high-risk investment can provide.
Most people will go through life never realizing this.
>>2221193
There's blood in the water, you should be seeking a new company.
Perhaps even a new profession.
>>2221543
Don't watch TV
I live humbly
Don't know who the fuck Ted is
In the context of stock investing, risk usually means draw down.
>>2221150
I wake up at 9 to go to work at 10 but there's really no strict schedule. It's a 5-10 minute walk. All I do is sit on a computer all day and write code. Before I had a job I did this anyway so now I'm just getting paid for it.
>>2221401
Good stuff until
>technical analysis
I don't think so Jim
>>2221150
>Babbys first bull market
Wait until we get to 3 year bear market. That will teach you what risk is.
no, risk is real
I wouldn't expect some tiny brain wagecuck working for minimum wage to comprehend any financial concept beyond assuming it's a secret jewish plot, but the return on an investment can be modeled by a range of outcomes
the greater the dispersion of outcomes, the riskier an investment is
a job is not a risky investment because you have fixed expenses (gas, lunch) for a fixed return (paycheck), with the only possible market risks being the growth of the paycheck vs. the growth of the expenses
>>2221150
> How is wage-cuckery not considered a risky investment?
People don't perceive it as risky because it involves a deferral of responsibility.
It's like how a 5 year old child would probably feel safe if their parent was drunk speeding down the highway at 150mph with them in the passenger seat because Daddy knows best.