Trader

Who’s a trader? I want to elucidate the notion of the word “trader”, to produce as I understand it. As I’m a trader, it’s easier for me to explain you what does it mean. To my mind trader is a person, who trades on the money-market and on the equity market. His task is to get a profit out the trade. Everybody who trades has the same goal, but the difference of the money-market is that its commodity is money.

The trader deals in money – this is his job; he exchanges money: from one currency to another. His task is to identify which currency’ll go up in price and which one will go down. Almost everything depends upon his decision. When he makes mistakes, it costs him a lot, as he deals with a large sum of money.

Tyro deals with a lesser sum of money, but he longs for making pots of money – and he has every reason to it.

One doesn’t need to have profound knowledge, a diploma, and business skills. One should want it.

He’d have only desire and action for this. When a person really craves for something, he begins to act very efficiently. To become a trader, you should really want it, and to be ready to spent plenty of time for this work.

You’ll have to read, think and try a lot of things. You’ll have to sit for hours over the currency schedule, with a book at hand, reading it and checking the information. You must become a researcher, who’s analyzing the currency scheme diligently.

The more you do this, the better trader you’ll become. In the first place, he’s a researcher, who is seeking daily for new vistas of knowledge. Though he applies a definite strategy, every time, when he looks at the scheme, he’s looking for something new, something that will bring him in big revenue. His job is research.

He should know what he wants. If he wants to earn 1000$ per month, he must work out a strategy that’ll bring in this sum of money. He can take 5 points daily, and in 20 days he’ll get 100 points, that is equal to 1000$. Or he can make stakes once in few days and takes more points. It’s his own business and it’s all in his hands.

If he’s always on the move, he’ll work out a strategy which will enable him to do that. He’ll make stakes and hold them for a few days. Another stay-at-home finds it convenient to make a few stakes daily per 5-30 points, and he’ll get a lot of points in a month.
Trader is a researcher, whose task is to study the market.

To become a researcher you should start to study the market, to follow the scheme, to read books. Ultimately you should find a teacher, who’ll teach you, show all possible mistakes rapidly and lead you to the homestretch, where you’ll earn a lot of money.
He assesses a sum of earnings by himself. He can equate 1 point to 10 roubles, or to 1$, to 10$, to 100$ or even to 1000$. The more he studies the market, the more he can earn.