Saturday, July 4

What is Your Motivation to Be a Trader?

There are different styles of trading for different people. One of the keys to have success in trading is to find out what it signifies for you on a personal level and what you want to obtain of the future and economic benefits.
  • To have a satisfactory and well rounded career, it is necessary to have an incentive that goes beyond just financial reasons. By being driven solely on money, you will never make the necessary effort to become successful. In addition, your specific interests in the markets should reflect what is important to you.
For all traders, there is something about the market that draws them to it
  • It’s not something on the market. Quotes that are intermittent and quick are the characteristics of the markets, but by themselves they do not appeal to traders. Rather, there is something about the general feeling of negotiation that engages them. In other words, “get something” emotional experience of being in the market. For example, for someone who is very academic, trading can be a fun and very stimulating intellectual challenge. A poker player can see trading as another form of playing the probabilities and chances of winning. For every trader there should be something about this trading activity that captivates them.
You have to get to know yourself in order to obtain success in trading
An aspiring trader has to understand what her/his hook is and construct her/his style o



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