What kind of person is suitable for trading?

If you want to enter the trading industry, don't rush! This field is not something everyone can handle. Today, let's talk about who is suitable and what conditions they must meet.

Many people immediately think that personality determines everything, believing that impulsive and impatient individuals are not suitable, while calm and composed ones are the 'chosen traders.' However, anyone who has truly experienced the ups and downs of trading knows that personality is not enough in the face of the market. No matter what your original personality is, once you enter the market, you will have to repeatedly 'navigate' its emotions. As a beginner, no one can rely solely on their personality; everyone has to go through a long process of honing their skills, ultimately becoming '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 usually takes at least over a year. During this year, you need to constantly monitor the market, try new things, and summarize your experiences. But many people don't have that much time! Some office workers work all day and still want to use their spare time to learn trading, hoping to become full-time traders, which is basically unrealistic. After all, this field is highly competitive; it’s very difficult to become one of the 10% winners relying on spare time. Relatively speaking, students, graduate students, remote workers, freelancers, and housewives have more flexible schedules and thus have an advantage.

Second is financial situation. If you have significant financial pressure, I sincerely do not recommend entering this field. Too much pressure can cause your mindset to collapse, making it impossible to learn anything from the market. Those who are eager to make money and wish to get rich overnight will find that trading is not a good choice; it can easily lead to deeper troubles. On the contrary, if you currently do not have an urgent need for money, you can explore the trading path more steadily.

Although conditions are important, people are alive, and if there are no conditions, we can create them. Cut down on expenses, find a more flexible home job, and create a learning environment for yourself. As long as you persist in your efforts, when the time comes to reap the rewards, you will realize that all the effort was worth it!