Zurich Axioms - A book a friend gave me

[TheBramble]

I think I've sorted out the worry issue. We should be worried when we trade, not because we don't know what we're doing, but because we do know what we're doing as we are taking on risk. If one is not worried then one hasn't taken on enough risk (ie we won't get a return as no risk no return).

Now I can stop worrying about this.

Accidentally or deliberately, I believe you have re-stated exactly what Max Gunther was saying Tuffty. And I still disagree with it, however it's stated.

 

[DaveJB]

To go a wee bit further into risk and worry,
there's no reason to equate one with the other - properly managed risk should not worry you, a realistic assessment of risk and reward should be part and parcel of your trading strategy. Human beings constantly misuse terms, then anchor their thoughts to the misunderstood concept - risk in lion taming whilst coated in bisto is not the same as risk in trading, risk in trading is a calculation.
Dave