What kind of people are suitable for contract trading? Today, let's talk about who is suitable and what conditions they need to meet.
Many people think at the outset that personality determines everything, believing that impulsive and impatient individuals are not suitable, while calm and composed individuals are the 'chosen traders'. But those who have truly battled in trading know that personality alone is not enough in the face of the market. No matter what your original personality is, once you enter the market, you will be repeatedly 'manipulated' by its emotions. In the beginner stage, no one can rely solely on their personality; everyone has to go through a long process of honing their skills before they can reach a state of 'calmness'.
Compared to personality, I believe there are two hard conditions that have a greater impact on traders.
First is time. It takes at least over a year to go from a novice to someone who can profit consistently. During this year, you have to constantly monitor the market, try out different strategies, and summarize your experiences. But how many people have that much time? Some office workers, after a long day, still want to use their spare time to learn trading and aspire to become full-time traders; this is basically unrealistic. After all, this field is highly competitive, and it is too difficult to become one of the 10% winners relying solely on spare time. Relatively speaking, students, graduate students, those working from home, freelancers, and homemakers have more flexible schedules, giving them an advantage.
Second is financial situation. If you are under significant financial pressure, I genuinely do not recommend entering this industry. Too much pressure can easily lead to a broken mindset, making it impossible to learn from the market calmly. Those who are eager to make money and want to get rich overnight should know that trading is not a good choice; if not handled properly, it can lead you deeper into trouble. Conversely, if you do not have an urgent need for money right now, you can explore the trading path more steadily.
#Blockchain Although conditions are important, people are alive, and if there are no conditions, we can create them. Cut down on expenses, find a job with more free time, and create a learning environment for yourself. As long as you persist in investing your time, when the time comes to reap the rewards, you will find that all efforts are worth it.