Today’s blog page is dedicated to traders. Who are these people and what does this word mean? What is the downside of strict suits and beautiful incomprehensible graphics on the screen?
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In essence, a trader is a trader, or a more correct definition of it is a speculator. But do not neglect such an unflattering definition of this financial specialist. In fact, the work of a trader has nothing to do with what people who were little respected in society did during the Soviet Union.
Volatility. briefly about the main thing.First, you need to understand that the financial market is a rather unstable substance, and the price of a particular asset is constantly changing, depending on the supply and demand for it. Note that even potatoes on the market slightly change their price, depending on the day of the week.
And even more so from seasonal factors, weather and economic conditions! What can we say about the price of gold or shares of world companies? By the way, the price change in the market is called volatility. So, the more often the price of an asset changes, the higher its volatility.
Now back to the traders. The ultimate goal of their activity is to get the difference between the price of an asset at different time intervals. Simply, predict the future value of the price in relation to the current value and perform all the necessary actions to make money on the price difference. This is speculation-of course!
And there is even such a definition – speculative trading. But did the trader cheat someone? No-the trader uses the market movement to his own advantage. The market will constantly move up or down, this is inevitable, and you can make good money on this.
At first glance, the situation seems similar to a game of roulette, but in fact it is not so. If in roulette, the ball randomly falls on “black” or “red”, on “zero” or some number, then the financial market lives by its own laws, and a good trader knows these laws.
Knows and uses it to make a profit. In principle, this has always been the case, and the concept of “bulls ” and” bears ” appeared a long time ago, not today. The former always use the price increase and try to win on this, the latter prefer to profit from the price drop-well, about the same way as the bear from above presses on its opponent.
A trader is a nervous job.The difference between the traders of the IX century and modern financial specialists is that before trading took place on special exchanges, and the main tools were chalk, blackboard, pencil, paper and telephone (telegraph), and today all this has been replaced by a computer and the Internet.
Just like then, today’s trader manages large amounts of money and can both gain and lose huge amounts of money in an instant. It is for this reason that the work of such a financial specialist is associated with constant nervous tension and psychological breakdowns. For those who doubt this, we can recommend that you try yourself as a trader and start managing at least a meager amount.
Find out who can become a trader Today, thanks to the availability of high-speed Internet access and the rapid development of computer technology, everyone can put themselves in the place of a trader and start managing virtual or even small real money. Various brokerage companies and dealing centers provide access to financial markets with any initial capital starting from ten dollars.
So, the best way to find out who traders are is to become one yourself!
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