Learn to manage situations.
The inability to tell what the future holds of you even though we are hopeful of what we haven't seen or become.
Life thrust in and out of us like a bitch one minute we have got to speak, the next minute you are being shut up by something you never thought will come into existence.
Lol, Life is like a market where everyone brings his goods to sell.
The day the market decides to favour you, you will think no one has got more swags than you, you will think you are the smartest of them all at that point you become full of yourself, you see yourself as the king or queen of the market while someone sits right at your side thinking of how unfair the market has treated him or her.
While you do that just keep it in mind that there is always a reversal to that. Just like forex trading it's an up and down thing, there are days when you will buy and it will sell and a day when you sell and it does the reverse.
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The only thing that is required of you to be able to manage both situations is to learn to manage the up and the down.
Never disregard people who are down when you are up and don't envy people who are up when you are down.
It's very simple when you are up learn to treat people like people that they are not like some rags in your house, learn to help people also rise when you are at the top as you alone at the top can't do it alone and trust me when you involve and engage people in your rising you are certain of staying longer than expected at the top because loyalty from people you have brought up will help sustain your position.
Failure to do that, means building up an army that will fight that position and the anger and vexation that will bring about this will not only pull you down but it will make sure it destroys and makes you miserable and that's the point when one begin to say “if I had known” this statement always comes with regret.
The down side of life always has a way of portraying how humble a man is in all his ways but still yet being able to manage that part of life also tells how beautiful that part of life will be, not minding if the basic things of life are available or not. Put envy aside as it will only bring the evil part of you which will make help go far from you.
That's the part of life that has to do with the human factor.
The other part is the material factor. This is the factor that makes people either respect or disrespect you.
We put our hard earned money into something we thought would have elevated us into something huge bringing you to a level of life where things will become rosy.
This part has to deal with Risk.
Take the risk but most importantly manage the risk, don't be too greedy and you won't regret whatever action you took.
Trading with a lot size of 10.00 as we all know is a risk that if life decides to be fair it makes you but then if life decides to act the other way then be sure that you will be screwed and zero square will be your starting point.
In all, just manage whatever stage you find yourself in and you will be at a safe side whenever life decides to toss you up and down.
We need to accept and manage all stage in life, life and chances happens to anybody.
I agree with you we need to know how to manage with risks and only ourselves can decide how much risks we can take it!
It's highly essential that we learn to manage situations regardless of what it's , when it's good and when it's not upto pal, so it's like you said noble to be compassionate to others.
Managing of situation is one thing that is vital in everyone life