Can somebody provide a more or less formal definition of "risk aversion"? I keep seeing medium-term price action trends come to an abrupt (and rather violent) end due to upcoming economic news releases, but isn't this BS? I mean - come on, forex trading inherently involves risks orders of magnitude greater than those found in equity trading, so if you want to avoid risk, why even bother with FX?
- Joined May 2005 | Status: Member | 1,494 Posts
In trading, there is no bullshit. You either make money or you don't.