Conditions for getting started on how to become a successful trader

#OPINIONLEADER#

The ability to make money with your own mind, without much work, that is very fast and without depending on anyone is a great dream of mankind. That is why, as soon as some exchange is organized, which is intended, in general, to streamline the trade in goods, it instantly acquires speculators interested only in buying cheaper and then selling more expensive prices. Tales of huge fortunes made by exchange trading excite the minds and supply more and more soldiers of the great world army of traders, these are the conquistadors of easy profit. Services related to market trading have become a huge global industry, where it is common to see bundles of uprooting advertisements that state playing the exchange is simple and becoming rich is easy. And everyone can easily try their hand at the financial markets, especially now, using the Internet. Trying your strength is really not difficult, but to earn is.

           Statistics show that 90% of traders lose money trading in financial markets. If this figure is not accurate, I think it is not far from the truth. Almost everyone gets their portion of emotional and financial losses on the market. I have not yet met traders who would start to consistently earn money without draining their first deposit, or even several deposits. They say that great trader exist. These are people who came from the families of successful traders or started trading under the guidance of successful traders, and those who also had the ability to transfer these skills. I have never met such people, probably because trading in Russia has not yet become a dynastic profession since it’s only a little over a dozen years old.

           Unscrupulous dealing centers by intrusive advertising lure crowds of people who want to earn money quickly into their courses. These courses are rarely more than a couple of weeks and are often free. Come, learn fast, quickly open a trading account, and your money will become ours is the type of structure they follow.

           I also began my market activity in this way and made no exception. That is why the purpose of this course is to fill in the gaps in the aforementioned wretched education of traders and the feasible help to beginners. So to speak, taking the first steps in the vast sea of ​​market trade. The course does not pretend to be comprehensive, it outlines only the basic principles and concepts necessary for successful trading. It is assumed that the details will be honed in the process of further communication to maintain positions.

Why 90% of traders lose money trading in financial markets.

I understand that everyone is eager to hear about trading methods and systems. Find out where to buy or sell, under what circumstances and other specific things from the trader’s arsenal. Be patient, all this will be a little later. But I want to start by analyzing the causes of trading failures and identifying ways to avoid them. Believe me, this is more important than any trading system. For some reason, people tend to step on the rake themselves, not listening to others. That is why I urge you to pay special attention to the first and second part of the course. I hope that at least some of the readers will not step on the rake of financial losses.

So, the first reason is the lack of experience and the intrusive advertising of unscrupulous dealers that create the impression of easy money, silent about all the other difficulties associated with working in the financial markets. I already wrote about this in the introduction and you can add only the following:

           A beginner finishes online trading courses and immediately starts trading. It seems to him that he knows enough and is able to earn money. After all, everything seems clear and understandable. But the price suddenly, breaking a triangle, turns around, returns and blows him off his feet. The Fed raises the interest rate, the dollar, as taught, begins to strengthen, and then suddenly reverses and falls. The trader does not close the position, hoping that this is a correction. The next day, the fall continues, and after a day it becomes a landslide. A person does not withstand the psychological pressure from huge losses and closes the position. There were tears from the deposit all being loss.

Each trader can tell many such stories.

The market is not as simple as it is often advertised. Professionals earn in the market. Insiders use the truths that teach beginners and create a lot of false breakthroughs of all kinds of trend lines, the bases of triangles, shoulder lines and other technical stuff, involving the crowd in unprofitable transactions. They use levels of order accumulation to create movement in the direction they need. To make money in the markets you need to become a professional yourself. Unfortunately, monthly courses are not enough for this.