What kind of person is suitable for trading? For those who 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 must be met.
Many people initially think that personality determines everything, believing that impulsive and impatient individuals are not suitable, while calm and steady ones are the 'chosen traders.' However, those who have truly experienced the ups and downs of trading know that personality alone is not enough in the face of the market. No matter what your original temperament is, once you enter the market, you will have to repeatedly 'grasp' its emotions. In the novice stage, no one can rely solely on their personality; everyone must undergo a long process of refinement to eventually achieve a 'calm mind.'
Compared to personality, I believe there are two hard conditions that have a greater impact on traders.
The first is time. From a novice to someone who can make stable profits, it takes at least more than a year. During this year, you must constantly monitor the market, keep trying, and summarize your experiences. But how many people have that much time? Some office workers, after a busy day, want to learn trading in their spare time and aspire to become full-time traders, which is basically unrealistic. After all, this field is highly competitive, and it is too difficult to become one of the 10% winners relying on spare time. Relatively speaking, students, graduate students, those working from home, freelancers, and homemakers have more flexible time and thus have an advantage.
The second is financial situation. If you are under significant financial pressure, I genuinely do not recommend entering this field. Too much pressure can easily lead to a breakdown of mindset, making it impossible to learn anything from the market comfortably. Those who are eager to make money and want to get rich overnight will find that trading is not a good choice, and it could lead to deeper entrenchment. 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 alive; if you lack conditions, we can create them. Cut back on expenses, find a more flexible work-from-home job, and create a learning environment for yourself. As long as you persist in your efforts, when the time for rewards comes, you will realize that all the effort was worth it!
