A few thoughts on risk

This could mean simple things like:

• Taking a job that may not pay that much but has room for growth
• Working in an industry that could be dead in a few years (cough)
• Taking out a loan to do XYZ risky business thing

Whatever that looks like for you, I believe before you have kids and/or get married, it is the number one time in your life to be taking the maximum amount of risk

But to most people, this means "Hey, instead of putting $5k into this trade, I should put $25k because I want to increase my risk."

When in reality, that's not always the way that you should show your risk to the world. For example, most of the times in my own personal trading history, the times that I lost the most amount of money is when I did exactly that. Instead of putting my usual size, I increased it by 2-5x and thought, "Hey, if it works out, it'll work out. Why not make some more money? I'm young. I'm not married yet. Fuck it."

And then I ended up losing like $40,000 on like 2 trades (VVAIFU