Trader - who is this? Exchange of traders

The profession of the trader has recently been gaining wide popularity. For this reason, it can be considered a specialty of the XXI century. The presence of a computer, constant access to the Internet and a small capital - all that a trader should have. Who this is and what risks the profession brings - let's try to understand this article.

Who is a trader?

This is a speculator who works in the securities market. Its main task is to get the maximum profit from their resale. Thus, the trader is interested in buying them cheaply and selling as much as possible.

Securities trading is considered a very profitable business. With proper management, in some cases you can earn 100% of the value of transactions.

Pros of the profession

1. Any interested person can become a trader, regardless of education and social status. To acquire the necessary knowledge and important skills, it is enough to pass a training course in a special program - a trading terminal. It is through it that all traders' transactions are carried out. To pass this stage is very important in order to gain skills in bidding and in the management of financial instruments.
2. Free schedule. You can work in the terminal at any time. There are no time limits.
3. You can work in any convenient place where there is Internet. The workplace is not tied to the office, so the trader can move around freely and plan his day.
4. Unlimited profit. The amount of the trader's income depends on his experience, knowledge and ability to navigate in different situations in the financial market.
5. Himself the head. The traders' exchange is open to everyone, and its participants independently conclude deals and do not obey anyone. Traders do not have a boss or any supervisor who would influence their salary and limit their actions. But in order to succeed only on their own, one must be able to make decisions promptly and calculate all the moves. It is people with this kind of thinking that easily move forward and earn big money.

Costs of the profession

At first glance it seems that every trader in the financial market makes a lot of money, buys expensive cars and luxury homes. Yes, indeed, some speculators were able to achieve good financial results, but these are the best traders who know the value of the fall and defeat and have gone through a difficult path until they reached certain skills.

A big mistake many newcomers - the desire to earn a lot and immediately. This is almost impossible, since the traders' exchange is a rather complicated system that requires a lot of experience and practice. And the first earnings often come at a great price: nervous breakdowns, depression, sleepless nights, feelings of despair, censure of relatives and relatives.

Some financiers consider trading as art to conduct trades. Intuition, a developed sense of risk, the ability to stop in time are the main features that a real trader should possess. Who it really is, you can learn only from personal experience. In any case, you need to remember that trading is just a way of making money. Therefore, one should not treat trade in securities as something special, sacrificing health and close people.

Types of traders

There are several types of financial speculators:

1. A single trader - he learns to buy and sell securities on personal experience without any outside training and trainings. He acquires important knowledge and skills on his own mistakes.
2. Trader-cadet - before starting his activities, he attends special courses and reads financial textbooks. Such a speculator tries to communicate actively with experienced traders in order to derive a key formula for monetary success.
3. A trader who works in a financial company (prop-trading) - he settles in a trader firm, a bank, an investment fund, where he is actively engaged in trading in securities. Depending on the terms of the transaction, such a trader will earn his capital or a percentage of the proceeds.

Single trader

This path is ideal for those who do not like to limit their freedom. Traditionally, individual, purposeful and stubborn people become single traders.

The main features of this way:

• Full self-education - somewhere I read something, saw, heard;
• A complex practice that does not always lead to profit - often such loners work in a circle and make the same mistakes, without realizing what they have miscalculated.

As a rule, the speculator starts earning the first money after a long training. He moves to the level of stable profit and grows to the level of a professional trader. If he continues to work in the same spirit, he will have great opportunities: increasing his own capital, attracting new investors or opening his own trader company.

Unfortunately, this type of trading has negative aspects. First, you can reread different books, try all possible financial strategies, but never learn how to trade profitably. Secondly, the beginner will need to spend some time, until it turns out to be a real trader. Who can not stand this test, often prematurely throws up business.

Trader-cadet

Mostly well-known brokerage and trader companies offer to take their training courses to attract new customers and earn extra money. Usually surface training is free and serves as a fascinating ploy for beginners. More in-depth courses are already paid and are not cheap. As a rule, they are carried out by successful traders who created their own style of trading and developed a strategy of successful speculation.

Some beginners use publicly available information from the Internet or promotional brochures. But they are not yet able to discern which information is valuable, and which is a useless set of symbols. For this reason, it is safer to attend good courses, the main advantages of which are:

1. Systematic - at the trainings they teach only verified information, which is presented in a laconic and orderly form.
2. Practice. The training takes place in real trading mode, during which each student can feel himself as a speculator and try to make money.
3. Teachers share common mistakes that must be avoided. The unsuccessful experience of other traders allows you to protect yourself from possible failures and save money significantly, facilitating a rapid approach to profitable trades.
4. New contacts and acquaintances. Often in the courses you can find like-minded people with whom you can consult and get the necessary support. Even after the completion of trainings, it is always possible to consult teachers for advice.

Possible negative moments from training are the choice of bad courses, which will not teach anything; The desire to master different seminars, as a result of which different information is mixed in the head; The student is not able to apply the received knowledge in practice.

Prop-trading

There are large trader companies that train new traders and give them their capital so that they conduct transactions in the financial market. All employees of such an organization are the main sources of its profits. Other company revenues: training courses, exchange commissions and a monthly fee for the use of a trading terminal.

The main advantages of this type of trading are quality training, effective risk management within the company, active support and counseling during the whole time of work. If the trader is working well, he will soon get good dividends. But in the case of unprofitable transactions, the company will not cherish such an employee and, most likely, will fire him.

Start-up capital

The amount of seed capital depends on the desired profit and risk appetite. To enter the market of traders it is desirable with small money. As the acquisition of positive experience can increase the amount invested capital. It is important for every newcomer to remember that it is impossible to lose all the invested money. In case of an unsuccessful deal, it will incur insignificant losses. The fact is that the value of shares never falls to zero, but only can change a little. It is on such fluctuations that every trader tries to profit. Who has mastered this, and he will be able to achieve great results.