Six questions before learning to trade

Before a novice starts to learn to trade, he should ask himself a few questions:

1) Are you really Love this industry?

Interest is the prerequisite for all success. Only with interest can you have the obsession and enthusiasm for study, and can you have a long-term working status. Even if you encounter pressure and setbacks, you will never tire of it. Being a trader is a very self-challenging industry. Loving this industry means falling in love with the lifestyle of challenging yourself and improving yourself. Although "challenge yourself and improve yourself" is an exciting word, the implementation process is extremely difficult, and most dreamers will fail in front of her. Fighting with yourself is the most difficult thing. If a trader cannot bear loneliness and pressure, cannot control his emotions, improve his emotional intelligence, cannot study hard and study carefully, and cannot be frustrated by trading. If you give up all hobbies and distractions, it is impossible to become a real trader. Although traders are relatively free and can trade almost anywhere in the world, not everyone is suitable for freelance work. Those who are suitable for doing fixed things and repetitive tasks need to seriously consider their careers.

2) Do you understand this industry?

Traders often understand the glorious side of traders, but they know little about the tremendous pressure and high risks that traders bear. If a trader just wants to be an ordinary trader or fund manager, then there is no need to pay too much, as long as he follows the procedures and rules. For example, the common operating techniques of public fund managers are: screening portfolios, picking up bargains, holding positions and waiting, choosing opportunities to ship, and actions such as research, public relations, momentum building, and raising stock prices have almost nothing to do with him. However, if a trader wants to become a famous trader, he may be like an ascetic, constantly testing and improving on an established path, and while being with books, information, thinking, and loneliness, he must also bear the responsibility Losses caused by market fluctuations and accusations from investors. But for traders who aspire to be famous traders, this fate is their happy choice, which is the same as the choice of scientists and artists.

3) Do you know yourself?

It is difficult for people to understand themselves before the age of 30. Most of them don't even know why they are alive, let alone what they are suitable for. Such people have almost no chance of "success". However, if traders want to enter the trader industry, they must first understand themselves and make an assessment of their own strengths and weaknesses, including psychological aspects, personality aspects, habits, knowledge aspects, skills aspects, financial aspects, etc., in order to Strengthen existing advantages, overcome existing shortcomings, and improve the deficiencies. Not everyone can succeed if they want to. Only those who have certain potential and can work tirelessly towards their goals are likely to be favored by the God of Destiny. If a trader is lucky enough to enter the training ranks of traders, he should make more friends with successful people in the industry and read more of their biographies or books to strengthen the affinity between you and them.

4) What basic qualities should you have?

In general, traders should have the following five basic qualities:

① Have a healthy, cheerful, and positive attitude. Such people can easily survive crises, resolve difficulties, and have stable trading emotions.

②Relatively stable, with good discipline and self-discipline. People who do not develop this habit are prone to problems.

③ Have good understanding, be good at thinking, and be diligent in doing things. Such people often have better insight and can prevent the slightest change.

④ Responsible and honest. Such people are often able to identify problems and solve them independently, and are easily trusted by others.

⑤ Love the investment industry and trading work. Because only with love can we be dedicated and profound, and can we finally achieve something.

People who are easily impulsive or highly emotional are not suitable to be traders, and people who are full of fantasy, rich in emotions, and extroverted personality are happy and good people, but they are not suitable to be traders.

5) Do you have a good instructor?

For traders who have just entered the market, self-study and reading and research are things worthy of praise, because this can exercise the trader’s patience and determination, strengthen their understanding and thinking ability, and also It can improve their comprehensive analysis ability and judgment ability. If a trader often relies on his mouth to ask for answers, he is like a student copying his homework. When the market "exams" him, failure is an inevitable result. But even when it comes to reading and learning, traders would be wise to find a good teacher. There are thousands of investment books on the market, ranging from good to bad, and many ways of thinking conflict with each other, making it difficult for traders to obtain correct market understanding in the short term, and even more difficult to form correct trading concepts and trading systems. Good teachers not only have solid basic skills and rigorous styles, but also often have high practical skills. They can guide traders where to start, help traders reduce learning detours, and at the same time restore the original appearance of the market (the nature of the market and its potential) for traders. rule). Of course, such learning costs are definitely more expensive, but for market novices who often lose tens of thousands of yuan in trading funds, this training cost is worth it.

Using a small amount of capital to purchase experience gained by others at a cost of tens of millions of dollars is obviously a profitable transaction.

6) What should you pay attention to when starting?

For traders from large financial institutions, there is no opportunity to enter the market during the first three months of training. They can only learn various trading techniques and conduct simulated transactions in the classroom; after that, They are allowed to engage in very small amounts of transactions and must strictly abide by certain regulations until they prove their ability to continue trading; then they will be given greater authority and operate more trading varieties until they can operate independently. Make a transaction. But even so, it is difficult for ordinary traders to make stable profits in the first two years. Therefore, for those retail investors who have no trading experience but dare to enter the market in a hurry, traders should know their fate. During this necessary training period, there are three most important points that traders need to keep in mind:

First, the learning process is a curve, not a straight line, and you cannot rush for success. But it must be done step by step;

Second, the learning time must be three years. The focus of these three years is learning rather than making money, that is, the focus is to invest in yourself;

Third , you must pay attention to protecting your original capital, while exploring a stable profit model and cultivating good trading habits.

Generally speaking, those who want to take shortcuts, seek information everywhere, and want to get rich overnight, it is best to buy lottery tickets instead of stocks. Being a trader is a long-term career and a long-term investment, which will completely change the life attitude and lifestyle of practitioners. Source website "Panshi Financial Investment Academy"

---------------------------------- -------------------------------------------------- --------

Brothers: Disparity and inferiority:

1) First go to the "Wall Street Recruitment Network" to understand the recruitment requirements for traders and traders, and get to know a trader Basic qualities, learn to understand the nature of the trading market.

2) Do you love this profession? Do you have enough understanding of the nature of market transactions? If necessary, obtain the "Securities and Futures Practitioner Qualification Certificate" and work with futures brokers first (if the conditions are not enough, you must create conditions! It is not ruled out that you can survive in other industries first and work in other industries at the same time. (Study while studying), it is recommended to study "Financial Trading" and "Memoirs of a Stock Operator" by the investor 1973, simulate trading, learn the trading process, and gradually form your own set of trading patterns. The final state of trading is "repeated execution of simple patterns!" If you can The trading capital curve that has been handed over for more than half a year is a relatively smooth rising curve, which means a stable profit model. At this point it means that you are on the right track with your trading. At this point you have a good start.

3) The smooth rising capital curve reflects a trader’s capital management ability! Having the ability to find a job and start a business is not a big problem! It takes time to accumulate and experience! You need patience, normalcy, persistence, and perseverance! First let go of your eagerness to make money, let nature take its course, and things will come naturally!