Risk Taker

 This will be fairly short - though I don't think any of my posts are particularly long. The idea here is something from "In The Zone" by something Douglas.... The idea is about being a risk taker.  It struck a chord with me - I think quite firmly struck.  I consider myself a risk taker to some extent. And he talks about this. BUT he mentions that if you can't take a stop out then you are not a risk taker. You can not handle risk or the pain or fear of taking risk or loss. This thought struck me pretty hard because in the past I would not have a stop to start with or never imagined the trade truly as a risk because I was surely going to "win." Many time this works, but there are those times when...OOF! Big OOF! Having had a stop in and defined the risk - actually being a risk taker - everything would have been fine and the hit wouldn't have been so bad.  If you don't have a defined risk in the first place, you are not a risk taker, you are dumb.  There I said it. I have been both and being a proper probability weighing statistics playing risk taker performs superiorly! Stops are your friends. Knowing where to put your stops is a thing too, but for another day. Have a great day or night wherever you are. Cheers!