What kind of people are 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 discuss who is suitable and what conditions need to be met.

Many people initially think that personality determines everything, believing that impulsive and impatient individuals are not suitable, while calm and composed ones are the "chosen traders." But those who have truly experienced trading know that personality alone is not enough in the face of the market. Regardless of your original temperament, 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 must go through a long process of refinement, ultimately achieving a state of "calmness."

Compared to personality, I believe there are two hard conditions that have a greater impact on traders.

The first is time. It takes at least a year or more to progress from a novice to a stable profit-maker. During this year, you must constantly monitor the market, try new things, and summarize your experiences. But many people simply don't 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, which is basically unrealistic. After all, this field is highly competitive, and trying to become one of the 10% winners with just spare time is very difficult. Relatively speaking, students, graduate students, those working from home, freelancers, and housewives have more flexible time and thus have an advantage.

The second is financial situation. If you are under significant financial pressure, I sincerely do not recommend entering this field. Too much pressure can easily lead to a breakdown in mindset, making it impossible to learn anything from the market. Those who are eager to make money and want to get rich overnight will not find trading to be a good choice; it can actually lead you deeper into trouble. Conversely, if you do not have an urgent need for money at the moment, you can explore the trading path more steadily.

Although conditions are important, people are adaptable; if you lack conditions, you 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 and invest, you will find that all your efforts are worthwhile when it comes time to reap the rewards!