What you need to know in the first year of trading

If you are going to trade the market, it is important to have comprehensive information, which will allow you to make an informed decision. It's complicated, but an interesting market segment, And, since it does not suit everyone, need to understand, what you're going for — and either change your mind, or strengthen your decision. so, What is important for a beginner trader to know??

1. You won't become a millionaire in a year, And even in three years. Not worth going in this direction, if you want to get rich quickly , it's unrealistic. Firstly, too many factors affect the situation, That trader can't control. Secondly, traders, who come to the market for easy money, tend to make mistakes and fall into traps, which means, lose more, how to earn. If you are serious about your career as a trader, then you have to understand, how does this market work, and it takes hard work, patience and discipline. Any, who tells you otherwise, trying to sell you something.

2. It's more about the process, than "about the result" See. above. If you want to make a career in this market, don't think about the result, but about the process. Your system must be designed for a long journey. This allows you to keep your balance even in case of setbacks., which will definitely, and in the period of success, when can you lose your head. It will require you to develop in a certain direction, And, thanks to these new features, you will be more likely to make a profit.

3. Нужно будет продолжать учиться — всегда Нельзя раз и навсегда стать здесь мастером. The financial world is constantly changing, and with it the rules of trading in the market. If you are not ready to constantly be interested in everything new and test your knowledge, it will be difficult for you to count on a steady income. A trader needs to be able to perceive new.

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4. There is no need to complicate your work.There are a number of tools available to the trader., facilitating trade. Find them and learn how to use them. Trading is not difficult, but, if you do it manually or with deprecated methods, you put spokes in your own wheels.

5. To make money, need money Most experts don't tell you about losses, meanwhile, in this market you have to lose, and well if not more often, than to win. AND, if you are not ready to lose, it will be difficult for you. It's not just about the financial impact of losing money, but also in emotions. Many traders, surviving a loss, get depressed or get an anxiety disorder. Person, who wants to make a stable profit, must be prepared for constant defeat.

6. Constant struggle and testing of knowledge Trading in the market implies, that you are always learning. You will learn something new, then check in practice, and then check again and again. It's like a science job, only every discovery affects profits. If you like to learn and like to test your hypotheses with experiments, you have the right mindset.

7. Always alone Most people need a team for motivation and discipline.. But a real trader is not like that.. It's a lone wolf, who spends many hours, improving your skills. It is very important to have these qualities, поскольку ваш единственный начальник — это рынок, and the only indications, which he gives you, these are profit and loss figures. No one will help you start a trading career, no one will view and comment on your plans and strategies. It's only your responsibility. So that, if you need a constant guiding hand or boss, maybe, the market is not for you.

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8. Don't be afraid of failure It's important to understand, что на этом рынке потеря денег — это не трагедия, and the norm of life, that's why, if you tend to regard any loss as a catastrophe, you won't stay there. Every trader goes through a period of losses. It is important to focus on the experience gained and continue to develop, otherwise, the fear of failure will prevent you from making profits..

9. Emotional stability If you are an anxious person, think three times, before getting into this. Торговля на рынке — это эмоционально затратное дело, and traders, that come to consistent returns, first of all, learn to manage their emotions. And even very calm people have to learn this.. Methods can be any: meditation, yoga, упражнения на визуализацию образов — лишь бы это помогало спокойно переносить и взлеты, and falls. 10. By itself To make consistent profits, need to be better than others. In order to sort out, what is your advantage, need to think outside the box, do not follow the crowd and consider the features of your personality as assets. For example, maybe, ваша «фишка» — это умение сосредотачиваться на цели и идти к ней, without being distracted. But anyway, to understand and use, you should not look back at others and run after the crowd.

Источник на https://ru.insider.pro/investment/2016-09-12/10-veshej-kotorye-dolzhen-uyasnit-nachinayushij-foreks-trejder/

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