Who is not interested in trading?

Today, hundreds of thousands of people flock to the stock markets, the Forex currency market and binary options in search of additional income. Some of them manage to realize their ideas and make money on it, some do not. Financial markets are mechanisms for redistributing money from the pockets of the uninformed majority to the pockets of the informed few. So it has always been and so it will be. This is the essence of the market itself.

However, even before joining the exchange, it can be assumed whether a person has a chance to make money in trading, or is it better to immediately go to a casino and spend money there with great pleasure.

There are 5 main qualities that will not allow a person to work effectively in financial markets:

1. Presence of dependencies (alcohol, drugs, etc.). These people often have a weak character and therefore are not able to work in the stock markets with a "cold" mind.

2. Excessive greed. Working on the stock exchange involves risks. A person must be ready to take risks and lose part of his capital. If a person is "knocked out" by the loss of five or ten percent of the deposit, then he, too, will not be able to survive on the stock exchange.

3. Excitement. This is a big enemy of the trader. It is a mistake to think that only gamblers play on the stock exchange. Of course they are. But they often fail. Calm professionals win, who do their monotonous work every day, more often in boredom.

4. Not disciplined people. These are the ones who don't know how to live according to the plan. Every minute is a discovery for them. They can't even plan their day without talking about something more. Such people are confirmed by momentary decisions. And the market will definitely not tolerate this.

5. People under financial pressure. When a trader urgently needs to “cut down” a couple of dollars on the stock exchange to pay off a loan, it does not end well. Such a trader has no opportunity not to trade, but to wait for a better moment. He is forced to take risks, he has a due date for payment. Under pressure, such traders are also doomed to failure. There are even those who trade on credit money. In addition to everything else, these traders have a fear of losing other people's money. To be successful in the market, a trader must be able not to trade if there are no conditions for this. The market is not an ATM, it does not dispense money at a convenient time.

All other contenders have a good chance of succeeding in binary options and the Forex market. The main thing to remember is that trading is the same profession that you need to learn. Markets don't like to pay amateurs. Therefore, if a trader is serious about his business, he always has a chance to win.