What is a trader and how promising is this activity?

In our time, it is not so easy to find a really good job. Not only do employers want to see a person with a lot of experience on a similar place and make rather tough demands, the working conditions themselves often leave much to be desired. For this reason, more and more people are now interested in what a trader is and how safe this kind of activity is.

Powerful advertising on the web and in real life speaks about great opportunities associated with speculation in the stock and currency markets, but if it was really so easy, one millionaires would walk the streets. To that to believe? Let's try together to understand this difficult issue.

Definition

First we will understand what a trader is, what is his activity. This word comes from the English verb to trade, which translates as "exchange", "trade" or "use for personal purposes." This term arose on the London Stock Exchange, where a trader was called a person who at his own risk and risk is engaged in exchange trading. In simple words, this is a special kind of speculator who makes a living due to fluctuations in the value of securities and currency quotations.

How to become a trader

Is it difficult to master this profession? There is no unambiguous answer to this question. On the one hand, in fact, in order to trade shares or currency, it does not necessarily have to have an economist's diploma or spend a few years poring over a mountain of educational literature. Moreover, you can generally buy or find on the Internet an advisory program that will conduct the trade itself around the clock, and the user will only need to monitor it from time to time and keep the computer permanently on. But real experts who know what a trader is, firsthand, will say that no software is able to replace the human mind, and events in the world change at times so unexpectedly that hoping for an adviser, you can very quickly lose all the capital contributed to the account.

If you approach this issue from a technical point of view, you need only three things to trade : a trading platform (most now use Metatrader 4 or 5 versions), making a minimum deposit (from $ 10 or more) to the account of the selected broker and Availability of quality access to the Internet. Quite simply, is not it? In order to start trading - yes, but in order to successfully and long work in this field - no.

What is a trader? He is a man with all his fears, weaknesses, emotions, emotions. When the account looms at least ten dollars, I really want to fix a positive result and rejoice in my vision. Well, when losses start to grow as a result of an unsuccessful deal, it's very, very difficult to part with the hard-earned money. Many, especially beginners, literally hope for a miracle, believing that the movement of the asset will soon change its direction in the right direction. But if this does not happen, the losses only increase. Soon they "eat up" the entire deposit. Therefore here first of all we need not knowledge, but self-control and cold calculation.

Should I trade?

We recommend you to try yourself in competitions first. This will help to understand how much this activity is close to you. Many of them are free of charge, and for some brokers, for example MMCIS, prizes can be withdrawn without any restrictions. If you have decent results, then maybe you will have a successful merchant trader out of you, and if not - well, at least you will know that more on this business should not get hung up. In fact, trading on the stock exchange is a rather complicated and painstaking work, and with all its advantages one should not forget that it often has large losses. However, everything depends on the style of trade, and this, as they say, is a completely different topic for conversation.