The risk of something to someone (an individual, a group of people, society or all humankind) is always there. The risk is perceived not solely by technical parameters and probabilistic numbers, but in our psychological, social and cultural context. Individual and social characteristics at a given future horizon form our risk perception and influence the way we react towards risks. Our risk perception is attenuated or amplified in some social and personal psychological patterns. Can we get the right risk perception under bad or worst conditions? *** Perception of risk is attenuated if the risk is chosen voluntarily, but amplified if it's imposed. Even though the risks might be similar, the voluntarily chosen risk is more acceptable than the imposed one. Accordingly, people tend to accept risks that are voluntarily chosen even if those risks are approximately 1000 times as risky as accepted involuntary risks. This involves freedom of choice and the perception of one's own autonomy and responsibility. Traders and investors choose the risks voluntarily so that they can run in the valley of death. *** If the risk is chosen and not imposed, it is a wanted risk. It is mainly because of some expected benefits related to that risk. The affected person is convinced that he or she would be able to stop the risk at any time. That is one of possible reason why so many traders love "stop the losses." However we are vulnerable to expose ourselves to the unaffordable risks, which once happen, we end at nowhere but the hell. *** The chosen risk is the best alternative available because it is the best of all possible bad or good choices. Being able to choose the best alternative also means being able to refuse other and even worse possibilities. Therefore, rejecting less attractive alternatives means a "relative improvement" of the situation. Chose risks are about analysis of contexts and conditions. In a extremely risky conditions, all of selections could have no benefits at all to an individual even good to the society. *** The context in which the chosen risk is situated is dominated by worse risks, and within that frame the selected choice is always better, relatively better, reducing the impression of the absolute risk of the selected choice. Few traders and investors can see all of the alternatives. They don't see the whole lot of risks and benefits. They tend ignore the worst cases. They usually don't know when it is for extremely goodness, badness, or normality. The individual right to choose is crucial to society since it means alternatives for the society. However each individual tend to do the similar things which means no alternatives. Warriors are consumed in the market but market last for generations. *** It is challenging to see alternatives for traders and investors, who take the risks voluntarily. Traders and investors should know their voluntariness need some control for what they should select based on the possible outputs. Why am I putting so much of time on English Listening? I want to update my mental framework to see alternatives, protections, and balance among different options, so that I could safely service the warriors. Why are you so upset? You have no alternatives and stay in the financial graves after losing the shirts. You voluntarily take the risks usually the unaffordable ones even you tell everyone you are genius to trade. You fail yourself and then market fail you.