If you ask this question to the representatives of these categories, the answers on many positions will be the same, but for some (most important) will differ dramatically.
Newcomer said the following:
1.Opytnye well versed in how to operate the exchange, financial regulators, market makers and other backbone structure.
2.Opytnye well oriented in the variety of existing brokers can make the best choice for themselves.
3.Opytnye thoroughly versed in the trading platform, specifics of traded instruments, all calculations (margin of opening and maintenance, the cost of the items, the level of stop-outs, etc.).
4.Opytnye well oriented in all the intricacies of graphs correctly used methods of fundamental and technical analysis.
5.Opytnye follow their reliable trading systems and why:
- Do not engage in improvisation;
- Open a terminal exclusively for the necessary time slots by TC;
- Open position and out of the market, in accordance with their trading plan;
- Confidently and purposefully increase your deposit;
- Regularly derive a certain part of the earned funds on the market, enabling them to live an easy, fun, and beautiful.
And what will an experienced trader?
I understand, colleagues, that the recovery in the hall, noise, applause, laughter and whistling.
It is understood that the first four points of particular objection does not arise. Although we should not overestimate the depth of such knowledge of profitable work. Most traders a general idea enough. And such "important" questions: What is the maximum lot opens at a given deposit or when comes Koljan Morzhov? - Normal trader, laying the risk per trade to 1-5%, generally should not be interested.
But on the fifth point ... Unfortunately, for the vast majority of speculators almost all of the above looks quite the opposite. And cash flow between points "Market" - "Trader" year after year is not flowing in the wrong direction ...
experienced trader
"But why ?!" - astonished newcomer - "After all, an experienced chauffeur rides far better cadet, an experienced physician treats the best first-year student, an experienced mason builds a better stroyotryadovtsa! After all the experience can achieve the best results! "
That's right. With only one amendment: in all existing traditional professions there is a linear relationship between the amount of acquired knowledge and reached the level of professionalism. The longer and more responsible people cutting into the profession - the higher will be the returns. I'm not talking about nets or genius, I take the average citizen.
In trading also comes to the fore quite specific component: the emotional perception of the working process. The vast majority of people experience while trading in a strong psychological pressure. Fantastic pressure! Colossal !! SUPERMEGARAZRUSHITELNOE !!!
If such a state were tested above the driver, bricklayers and doctors, then we would be surrounded by a field crumpled cars affected by these accidents to people immediately discharged from the hospital to the cemetery, and our city have resembled a cross between the Coliseum and the current Afghan kishlak after the bombing. And that we have not remembered about other profession!
So what psychological component does not provide competent, experienced trader implement his hard-won, tested, polished trading system. Doubt, fear, greed, hope, anxiety, soul-searching, excitement, passion - these and other experiences that accompany the trade, eventually lead to a nervous overexcitement, followed by emotional emptiness. At some point the person becomes inadequate: it violates the entry and exit rules, exceeds the reasonable risks, to modify the course starts the vehicle. A market is only this and waiting. Just one failure to deposit in there was a huge gap. And if the trader does not take emergency measures, it soon from his account will remain torn rags.
experienced trader
"So, just so sad, it turns out that there is no sense to engage in trading, to gain experience?" - Says discouraged newbie.
And you know, maybe so. Because the profession is not suitable for everyone. However, the entire chip is that it can be found only after long practice. Five, ten years and it is better - that's quite enough time to look into the matter.
But not so scary and hopeless. Is this a good side. We must realize that the definition of "experienced trader" is not synonymous with "the trader earns." This is just a transitional stage. Without it, it is impossible to become a successful professional.
Yes, an experienced trader endured much suffering. Yes, he suffered financial loss, ridicule of skeptics, frustration, pain, frustration, despair and depression.
But he bought more. He knew exactly how he behaves in the market. It feels signal during maturation and accompanying position. How to react when the small profits and small losses. How does for large profits and large losses. He has revealed its weaknesses and strengths. He, more than anyone else, know your bottlenecks. He understands what he needs to change to get on the right track. He identified with their instruments, their timeframes, its indicators, its principal trading algorithms.
He recognized the face of his domestic enemies and can look for ways to neutralize them. About what it means and how effective they are - will be a different story, it has its own specific theme.
