What kind of work you do would prefer: the one on which a stable pay a small salary or the one whose salary is not high, but fragile? The answer to this question will allow you to define your preferences and risk tolerance. Most practitioners of short-term traders would not mind to abandon the security and stability in favor of higher wages. In comparison with conventional short-term trading jobs – a very risky proposition. Thus, if you do not learn to tolerate risk, you’ll feel too much excitement and anxiety during trading.
Scientists have conducted a series of studies to determine the predisposition of people to take risks. People with a high level of risk tolerance is generally older and more educated. Investors who have received their money in the inheritance, or trading other peoples’ money, as well as those who have a profitable low or average, tend to avoid risks.