Many people ask more than once, how i became a trader. It's a very short story. Everything was simple, one fine day i woke up and realized, what am I trader.
I studied at the institute for 3 Know, I was engaged only in studies and at that time I passed the session only for fives. I've always been on you with math, which helped me to better understand both economics and many other things. One day in winter 2005 I accidentally got into only, that the newly opened company A&G world capital on st. Mikhailov in St. Petersburg. I didn’t mean to work, and on business I went into their office and saw, what's the trader's office. As a result, after a while I went there. education and in March of that year for the first time sent a warrant.
The first share, in which I planted with my eyes closed 100 market buy shares, was a stack of a Brazilian metallurgical company with the ticker RIO, now it's VALE. I've lost 11 Doll., but the shock was so, as if I was told, that I am Harry Potter.
Further about 6 the struggle with the market for a place in the sun lasted for months, he taught me and I did not forget to use the lessons learned. As a result, by autumn I already felt confident on the stock exchange., at least every day, coming to the office, I knew, что мне надо делать.
Since then, I have seen hundreds of people in this environment., who also wanted to be traders, they were attracted by this aura of independence and complicity in distant world events. The only thing, which still seems to me the most important lesson – stock exchange law – here he is right and makes money, who really works and gives himself to this profession as he would give to any other. And advertising, which we see on TV, what can be traded from the plane, from the beach, etc. it corrupts people and more traders corrupt big trades.
Corrupt in that sense, that they start to be lazy, consider yourself a guru and corner yourself, that in fact they are forced to lose money and often ruin a trader's career with their self-confidence and unwillingness to work like a beginner. 3-4 hourly preparation for trading, monitoring the market all day from and to, even if you do not trade, keeping statistics and filling in many excel files and writing to a notebook – these are the things, what any trader guru should wish not a guru does not matter.
I have never been a talented or super bold and greedy trader, but in the end I achieved many results, respected in my environment. It is faith in work and perseverance, that you shouldn't break the simplest rules of the system, common for intraday traders, still keep me in the saddle. And those people, who believed in luck more, or the goldenness of their trading and did not pay serious attention to the little things, have been doing something else for a long time.
Trading requires the same responsibility and a serious approach, like any other job. Trading cannot be done half-heartedly, it cannot be combined with other work, it cannot be missed. You can't be a lawyer in the second half and you shouldn't even try.
In my career as a trader, the turning point happened at 6 month, when I say – you know a lot for that, to be in positive territory at least a little on most days. I took the installation for myself, that I can do big trades for several days a month, when all factors come together. Every day – it's not real. Don't waste your time trying to succeed in trading all stocks., all possible trading styles.
I decided to stick with moving average and only stocks, which move i.e.. either today, or yesterday there was a strong movement on 5-10%. And as a result, my profits began to grow every month., grow and grow. Over time, I abandoned the direct use of movings., because he himself could already build them with his eyes even on the schedule of the bus =)). You say, that doesn't happen, but i'm lucky enough all the time – maybe this is provided by my hard work and perspicacity, maybe something from above. But there were even such cases, like in december 2007.
There was already a number 15 that we were waiting for the meeting. FED and everyone was waiting for the next rate cut and only wondered how much it would be lowered.. The month was terrible for me, all 10 days I was losing money and was already five thousand in the red. I have prepared several baskets of stocks for the financial sector news, about 30-40 companies. When the data was announced, that the rate was lowered only by 25 базисных пункта, when we were almost 100% expectations, what is the minimum 0.5% I sold at the same second by 600 Shares. In a minute I closed my shorts + 12K. I have become in the black in a month and a significant.
After about a year of trading, I already said to myself, that I'm not going anywhere from this business. И так получилось, that I actually started my working life with trading, then nothing serious and more 2-3 months in my life I have not studied. The finest in this career, that you can't even imagine what heights can wait ahead, no ceiling.
We create ceilings for ourselves. So the whole second year of trading, I struggled with overcoming the barrier in 1000 Doll. per day, which I built myself. Certainly, I eventually broke through and within the next year there were more than 10K days per day.
What I understood is this, don't get hung up on numbers:
- The first is profit or loss, do not treat them like this, as if I have enough or I can still lose.
- Second, it should never be considered as an amateur, what if the stock fell by 3 Doll, then this is the edge, practice shows, that she can fall still on 10, you just need to trade on the signals of your system and not occupy your head with thoughts about, what may or may not.
- Third, it is necessary to consistently increase position and risks., and then it will be easier for you to achieve new levels.
- so, in the end I almost 6 years in trading. passed everything, saw a lot, know even more. But I'm not a guru yet, who lives in his own castle =))). So, that the ceiling is not yet visible.
- I can give advice, which is better than observing the market and researching its own reaction to the news, to levels, etc.. нет ничего. Not a single book, a textbook or a person will not teach you how to trade. Lessons must be taken from the MARKET and paid, just not too generously. The main thing is to follow the details and believe in the career of a trader.
