What kind of person is suitable for trading?$FHE
Newcomers who want to enter the trading industry, don't rush! This field is not something everyone can easily navigate. Today, let's talk about which types of people are suitable and what conditions they need to meet.
Many people initially believe that personality determines everything, saying that impulsive and impatient individuals are not suitable, while calm and composed ones are the "chosen traders." However, those who have actually been through the ups and downs of trading know that personality alone is not enough in the face of the market. No matter what your original temperament is, once you enter the market, you will have to constantly adapt to its fluctuating emotions. In the novice stage, no one can rely solely on their personality; everyone must go through a long process of refinement to eventually become "calm as still water."
Compared to personality, I believe there are two hard conditions that have a greater impact on traders.
First is time. From a novice to someone who can achieve stable profits, it takes at least more than a year. During this year, you must constantly monitor the market, try continuously, and summarize your experiences. But many people do not have that much time. Some office workers are busy all day and still want to use their spare time to learn trading, aiming to become full-time traders, which is basically unrealistic. After all, this industry is highly competitive, and it is very difficult to become part of that 10% of winners relying on spare time. Relatively speaking, students, graduate students, those who work from home, freelancers, and housewives have more flexible time and thus have an advantage.
Second is financial situation. If you are under significant financial pressure, I sincerely do not recommend entering this field. Too much pressure can easily lead to a collapse in mindset, making it impossible to learn anything from the market. Those who are eager to make money and want to get rich overnight will find that trading is not a good choice; if not handled well, it may lead to deeper troubles. On the contrary, if you currently do not have such an urgent need for money, you will be able to explore the trading path more steadily.
Although conditions are important, people are alive, and if there are no conditions, we can create them. Cut back on expenses, find a more flexible work-from-home job, and create a learning environment for yourself. As long as you persist in your efforts, when the time comes for rewards, you will find that all the investment is worth it!