What is it like to trade for a living?

Updated on Financial 2024-08-08
19 answers
  1. Anonymous users2024-02-15

    A trader's life is full of mistakes and mistakes. There are always a lot of chest beats, and there are always too many unbearable memories to wake me up. The story of a trader will be very tortuous and complicated, with blood and tears, sadness and unbearable.

    There are successes, excitement, arrogance, downturns, inferiority, and discouragement.

    We should be thankful that these words, which remain in words, have penetrated so deeply into the depths of our hearts and become part of the spirit and soul. It is an immortal monument and a precious experience in life.

    If a trader is successful, it must be the result of deep introspection and precipitation in life. It determines how a person who makes a deal can face the unknown world and inner turmoil. These fundamentally determine the success or failure of a deal.

    A good trader will go through ups and downs, enjoy suffering, and move towards calm. Because, the life of trading is a life of introspection. The process of making mistakes is a process of constant self-reflection.

    Introspection leads to progress and ultimately leads to success. We have insight into so many deep things about human nature, greed, cowardice, madness, vulnerability, and introspection will fill us with peace and tranquility.

  2. Anonymous users2024-02-14

    In the days of personal computers, instant messaging, and sophisticated software, many Wall Street brokerage firms hired veteran traders to sit down and decipher the trading tapes issued by the city's mechanical merchants. These traders, known as tape readers, will notice the ** and volume patterns of individual trades in the hope that they will spot opportunities to make quick profits. For example, if the latest trade of a ** is significantly different from the previous trade** or volume, this could be interpreted as an insider's behavior before the news could affect the company.

    Tape readers will then take similar action, hoping that their instincts are correct.

    Since then, the code has been replaced by a massive electronic network capable of analyzing and reporting data from around the world. This technology has led to changes in the way the investment industry operates. One of the more unique positions in today's landscape is that of day traders.

  3. Anonymous users2024-02-13

    Nothing can stop you, the yearning for freedom, the top of the world, the extreme of the universe, there is another you waiting for you.

  4. Anonymous users2024-02-12

    Many people like to sit at home and type on the keyboard to easily earn funds to maintain their lives, without having to work hard 9 to 5, and do not have to sleep in the open to do business, which is both decent and easy. But how many people can do it? Very rare, why?

    Because in order to make a stable and consistent profit in trading, you need to have professional ability. What about those abilities?

    Execution, stop-loss ability, ability to think independently without external interference, suitable for their own set of tempered profit system. How to train execution? First of all, in daily life, we must be a person who must do what we say and do what we do, and secondly, professional training, such as setting the principle of entering the market, and strictly implementing the principle of exit, regardless of winning or losing.

    As time goes by, it will become a habit, and it will become an ability to enter and exit the market according to signals. That is to say: only false recognition of the signal does not recognize **.

    Simply put, trading is a signal!

    After only recognizing the signal and not recognizing the **, the stop-loss ability is the ability to save life in the ** futures market, which is the most important ability, no matter how much emphasis is placed on the poor year.

    What does a stable and profitable system in the market involve? The first is the ability to judge the trend, the second is the ability to judge the position and assess the risk, the third, the ability to find support and resistance, the fourth, the ability to manage and control the best funds, and the fifth, the ability to double the layout once the stop loss is reversed, which is the essence of never losing money.

    How do you accomplish the above tasks? Judging the trend relies on the principle of stock price fluctuations, that is, the wave theory, looking at the long and short, the first system, the direction of the trend, the indicator, and the Dow theory to comprehensively analyze. What about location?

    Rely on the method of calculation, indicator kd, global comparison after zooming out the chart. Find support and resistance levels by key turning points, chaotic keys, dense trading areas, indicator assistance, spirals and resonance of key positions above. Fund management is very important, according to different markets can be used in different ways of capital allocation, there are 532, 332, 232 and other ways, ** market risk is large, the first position should be small, profit to increase the principle.

    In fact, since the original direction is determined to be wrong, then the reverse is right, so it is necessary to multiply, and half of the point of the fluctuating stop loss after the correct direction can recover the loss.

    Whether you have the above aspects, if you have, then it is a high probability event to make a profit in this market, if you don't have it, then the profit depends on luck.

  5. Anonymous users2024-02-11

    Some time ago, I saw a friend in the group recommending the book "Trading for a Living", and I read it roughly. To be exact, a detailed look at the idea section and a cursory look at the technical analysis part.

    The book has some ideas and is very good. For example, when trading, try to use limit trading instead of market trading, and when trading, pay attention to trading slippage, which doesn't seem to be much, but it's eating up your gains. For another example, before making a trade, you must first set a trading plan, such as what your target price is, that is, what is the take-profit price, what is the stop-loss price, and do not trade without a plan.

    Also, keep a record of every one of your trades, including all your successful and unsuccessful trades. In this way, it will be beneficial for you to review and find out the problems in your trading. The book also provides an upper limit on the amount of each transaction we can make, which seems to be 3 percent.

    At the same time, he provides insurance for every transaction, that is, according to your stop loss level, the money lost on this transaction cannot exceed 2% of your amount, otherwise, you should not make this transaction. Although I think the standard he set may be debatable, his way of thinking is very, very good, that every transaction we make, we have to make sure that it is safe and that the profit and loss are acceptable.

    However, the bookcover bureau also provides a lot of technical indicators to teach us to look at the first chart and see the trend of the stock price. I think that the chart, technical analysis, is an attempt to use what has happened in the past, to the future trend, which has a certain truth, but because the situation has changed, the trend may also be different, so technical analysis can not be completely correct, and with the method of technical analysis, you must keep an eye on the market, often operate, I think it is not suitable for me, so I saw the content of technical analysis, I quickly skipped it. This has also greatly accelerated my reading efficiency.

    Recently**the** has been pretty good. June has risen quite a bit, but July is even better than June's data. My ** has already encountered the limit several times.

    The benefits are also substantial. I think that through learning, my financial management concept and financial management methods have made great progress, although I am still an old leek, but I have initially had my own strategy, a day to lose more than 10,000, I will not be unable to sleep, and earn more than 10,000, will not be happy to sleep. In the financial management group, I can also answer many people's doubts.

    In the future, I will continue to strengthen my learning and go further on the road of financial management!

  6. Anonymous users2024-02-10

    To make a living from trading is to test your humanity every hour, every hour, every minute of every day. Trading is a very personal thing, the so-called character determines fate, everyone's trading style is different, although in general are following the "potential" in the walk, but specific to the buying point selling point profit range, everyone's psychological threshold is different, so trading is a difficult thing to gain experience through exchange and learning. A brother in front of me said.

    After many years of trading, I have long regarded the ups and downs of **, the number changes on the books as a habit, and I have long lost my obvious feeling of greed, fear, fanaticism, loneliness, etc. I will only regard trading as a profession, do my essential work honestly, and be down-to-earth step by step.

    The contemptible people really don't agree. Although the change in the numbers on the book is not much of a feeling, I am overcoming my greed, fear, fanaticism and loneliness every second of my position. For ultra-short traders, the market is changing rapidly, how can I be greedy when others are afraid, and I am afraid when others are greedy, I am afraid that I have always needed to overcome human nature to capture the sensitivity in trading.

    There may be friends who will feel that "playing is the heartbeat", just imagine, at least 4 hours a day, minutes in the heartbeat, if the profit feels that you have defeated human nature, if you lose it is a mistake in prediction, if you step on the empty, you can only sigh with joy, if you chase the rise and fall (taboo), then you can only slap yourself. At the end of the trading every day, I feel a sense of emptiness after recovering from a serious illness, because I don't think about anything anymore.

  7. Anonymous users2024-02-09

    People who trade for a living are very pathetic, and the experience of being used to trade all their lives is certainly not good. Everything is about transactions, everything is about money, and everything is about the value of transactions. I think it's very cheesy.

  8. Anonymous users2024-02-08

    This kind of life is a constant exchange, exchanging time for money and power, and health for money and power, but in the end nothing is left.

  9. Anonymous users2024-02-07

    Isn't that what you call a corner to make a living? Or rather, to buy and sell. This one is not very common.

    A large subject of society? People who say this kind of business are generally busy. The whole day of the arrival sells.

    It's very hard.

  10. Anonymous users2024-02-06

    It's just a kind of business, so I think there is a lot of accomplishment in normal times, and when you exchange something better, you may be very happy. If your swap fails, I think it's actually very frustrating, so every day is a challenge.

  11. Anonymous users2024-02-05

    Your trading micro-business should be very hard every day, because it is possible that you are doing everything like completing a task, so you will always be particularly vigilant.

  12. Anonymous users2024-02-04

    Trading for a living, such a person is stuck in the mind every day some transaction numbers and various businesses, through this is a kind of financial thinking, this kind of person is very shrewd, but such a person is also calculating, and dealing with such a person will also take a lot of brain cells.

  13. Anonymous users2024-02-03

    This one is a portrayal of your daily life, because our society is where there are transactions between people, and they happen all the time, and this is daily life. It's just that you need to choose between trade-offs and make a balance.

  14. Anonymous users2024-02-02

    Trading for a living is full of anxiety, confusion, and burnout. Most of these people just lose interest in life, go with the flow, and don't pursue their ideals.

  15. Anonymous users2024-02-01

    Nowadays, many people make a living from trading, such as us exchanging our physical strength for wages and trading money to buy vegetables and eat, which can only be regarded as a better survival in non-stop trading.

  16. Anonymous users2024-01-31

    The feeling of the women standing on the street, who trade for a living, has become numb. I don't feel anything.,I just know that there is money to be made in trading.,With money, you can enjoy life.,Even if it's an old man you don't like to play.,You have to agree to trade.,A numb life.,A life of the walking dead.,A meaningless life.。。

  17. Anonymous users2024-01-30

    That's right, that's how businessmen live. Hello. Our lives are all about closing deals.

    You sell your labor and get paid, and that's an equivalent deal. You use the wages you earn to buy the necessities of your life, and that's trading. In fact, everyone throughout their lives is to obtain their own needs in one transaction after another.

  18. Anonymous users2024-01-29

    From ** to trader The author was just an ordinary little ** at first, with the persistent pursuit of investment, unremitting efforts, coupled with a little understanding and strict self-discipline, and finally became a successful trader.

    Different from classical technical analysis theories such as wave theory and Gann theory, the author is a professional psychiatrist before contacting investment tools such as **, **, and options. With a keen sense of intuition, the author perceives the true meaning of trading, and from a psychological point of view, he has made a new analysis of trading behavior, the phenomenon of master worship, various technical indicators, technical patterns and technical analysis theories, so the perspective of this book is unique and interesting.

  19. Anonymous users2024-01-28

    1. Is it difficult? If you think it's difficult, it's difficult; If you think it's not difficult, it's not difficult. It's like being injured and asking him if it hurts, and everyone's pain is different.

    Life is unstable, from the entry stage to make a transaction, nine deaths. A lot of recent graduates ask me if I can do it myself. If you don't have to worry about making a living, you can; Otherwise, first find a stable job and go to a brokerage or ** company to work.

    It is also more difficult if you don't have enough time. It requires a certain volume of transactions, and it needs to go through several full cycles of large levels, which is time-consuming; In addition, it takes a lot of time to analyze and do homework.

    3. The difficulties that need to be overcome are different for everyone, and the same is psychological. The reason why the psychology of annihilation can't be passed, there is only one point, that is, I don't understand what a transaction is. Human weakness is not an absolute factor that hinders a trader's success, but only limits the height that each trader can achieve.

    Here again, I recommend Van Kthap's "The Road to Financial Freedom" and read it several times.

    4. I also switched from U.S. stocks to domestic commodities in 10 years**. The 5:1 short long order is a profit appearance, not the reason, because the bulk peaked in 11 years ......Now most commodities are bottoming, and when there is a large subordination in the future, don't forget to reverse the ratio of short to long.

    Just kidding, nothing else. It means to recognize the structure and rhythm of **, no matter what method is used, everything changes from its origin. For any type of trader or team, the success without exception is to recognize one of the essences of trading - risk is the source of profits and losses, control the losses brought by risks, and grasp the profits brought by risks.

    Individuals can succeed and can do a lot. Strategy and risk control can be done alone, as long as you can control human nature. As mentioned earlier, human nature is the height that determines what can be achieved.

    Human nature cannot be controlled, even if the team, even if the strategy and risk control are independent, the effect may not be good, this has nothing to do with the method used.

    5. When can you be sure that you can make a living from trading? When the above problems are solved, when there are no more such problems in the mind. When you're able to trade for a living, you've already reached financial freedom.

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