Who are the traders?

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in any sphere of human activity is a successful person.Their success and achievements inspire beginners, they are guided by professionals.Who are the traders?This successful people involved in trade on the exchange.They have a free schedule, high salary, creative and interesting work.Their profession is relevant in other countries.If everything is so good, then why we do not work at the stock exchange?So, what is the work of a trader, we will examine further.

businessman or a player?

Traders conventionally divided into two main categories:

  1. professional working in banks, financial institutions and insurance companies.These employees have specialized education and a license for the relevant activities, working exclusively in the interests of his company.
  2. Independent working for their money and in their interests.Access to trading systems they get through brokers and dealers.This work does not require licensing and special education.

Who are traders and what is their purpose?Whatever the exchange platform, the main goal of smart speculators - to make money on the difference between the purchase and sale of assets.Traders can buy an asset cheaper and sell more expensive, or first sell borrowed from a broker to borrow an asset, and then buy it at a lower price and give back while taking a profit themselves.The two main and basic commodity strategy - "bulls" and "bears."There is an opinion that the exchange trade - a game.This has a bit of truth.Many beginners in their work is to rely on luck.However, if you ask a successful trader, he will say that trading for him - this is a business where you have to make an effort and to use the mind to achieve the objectives.

Workplace

trader can work in the hall of the Exchange, representing the interests of large funds, banks or the interests of a large number of customers, or the monitor when trade is conducted through specialized trading terminals via the Internet.

basics and the necessary personal qualities

Who are traders and what do they do?As mentioned above, speculators earn on the difference in buying and selling price.It's not as easy as it might seem.Professional traders every day doing a combination of sequential actions:

  • analyzes the market and make a decision about entering;
  • opens a position to buy or sell;
  • closely watching the movement of the market;
  • checks the real movement and the predicted rate;
  • decides to close the gap;
  • analyzes the results.

It is obvious that all of these operations require some knowledge of the novice.Knowing who the traders need to do to become successful?To become a better and start to earn a decent exchange, training is needed, the time and the experience of transactions.In addition, all the speculators have a number of personal qualities: the ability to respond quickly, make decisions, the ability to not give in to emotions, commitment and perseverance.Good luck!