How to be a trader

how to be a trader

Enter and exit positions in markets profitably. Investors buy income producing assets that do not require profitable sales of the assets to achieve a return on investment. Market makers do not require changes in prices to profit from making the spread, and they certainly do not look to take earnings on the basis of owning the assets. Traders sell at a price higher than that at which they buy and that is their source of income. They are not investors, they are not market makers, they buy rallies and sell declines providing risk relief to business and government entities looking to offset risk, this includes market makers and investors. Financial traders like traders of any good hold inventory for sale at a profit and provide the social benefit of risk management.

-Adrian

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Very nice. Sums up how to trade perfectly.

If you have some stuff and you find someone to trade-in…you’re a trader…

If you want to become a trader than you must have to learn well about the market. You must have to get full grip on the forex market before you starting the real trading on the forex market. You also have to start you trading on a demo account as well so you learn without losing your money.

First of all you have to get some knowledge about the forex market. After getting some knowledge about the forex market than make a demo account and start practicing on it to get some experience. These two things are very necessary for every trader who came here.

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I see, you already got few answers; if you want to learn more than start from BabyPips School. You’ll get almost all kind of enquiries there. Happy Learning.

Start your theoretical learning along with the practice of demo trading account that will help you to get acquaintances with the basic idea of trading. Again, try the lessons of Babypips. It will help you to acquire an understanding of the forex market.

The first reply is really good one, it shows the proper view of difference between being investor and being trader and others.

If you’re on the new road, check your skills first, and skills does come from knowledge or education you’ve enrolled or going to enroll. Being good trader always requires quantitative data skills as the base. Then you may decide which kind of trader you wanted to become.

Have a good and structured life. :slight_smile:

There is nothing much you need to become a trader. You need to have a fast mind and skills that can help you analyze the market. You need to have a higher degree of analytical skills for forex trading. Do you think that you have those skills to survive in the forex world?

becoming a trader isn’t difficult but stay one is. learn all you can. your chances of being a trader will increase if you have great analytical skills.