The portrait of the average trader.
Who speculates at the stock exchange? What does the person who earns money at the stock exchange look like? I have asked this question to my friends. Here is the generalized portrait of the average trader.
Speculation at a stock exchange seems simple business. But this simplicity is deceptive. Having succeeded firstly, the beginner already considers itself as the invincible expert, operates without control - and melted out.
To stock jobbing come different ways, sometimes they are logical, but more often - on the contrary. The stock exchange is a chance at one stroke to receive a great lot of money. And money for many is freedom though very few people know that with it to do further. Having mastered exchange business, you become independent: live, where you want, work, where it is pleasant and without chiefs. The market is a delightful intellectual employment - chess, poker and a crossword puzzle all at once.
Stock jobbing attracts courageous and frightens off those who prefers a titmouse in a hand. The inhabitant lives steadily: breakfast, work, a lunch break; in the evening - the house, a supper with a bottle of beer, the TV - and to sleep. It is possible to earn additionally and he entrusts money to the banker on the savings. And at the stockbroker any hour is working, and it subjects the capitals to risk. The stockbroker descends with well-trodden track of the present and goes in uncertainty of the future. Desire to realize itself completely, your abilities, is congenital and also it is inherent in much. It also pushes people to measure swords at a stock exchange. Besides, speculating, it is possible to receive both sports pleasure, and considerable profit.
Good stockbrokers are usually hardworking and sharp-witted. They respond to all new. It is strangely enough that their purpose is not money. Their purpose is able for speculating. Then also money will be - as by itself understood. Succeeding stockbrokers tirelessly perfect the skill. To reach personal perfection for them it is more important than any money.
Stockbrokers from among those who are out of tune with itself, quite often search in stock jobbing for an outlet for the inconsistent desires. But if you do not know, to what you aspire, it can turn out as in an introduction: shoot oneself in the foot.
The layman overestimating the force, trying to win, by all means, should go on the big risk. Means, at the slightest turns of a stock exchange against it will take off from speculation.
The succeeding stockbroker is the realist. It realizes, that has, and that not. It clearly sees, that occurs, and knows how to act otherwise. It soberly estimates an exchange situation and, constraining emotions, builds practicable plans. Illusions are not for the stockbroker-professional. The layman, having done some unsuccessful operations and having lost is a little money, panics. Its representations about a stock exchange become, the further, the more mutilate. At losers it is a lot of imaginations about the purchase, sale and a choice of transactions. They behave as children who are afraid to pass on a cemetery or to glance at night under a bed, because the eyes of fear see danger everywhere. The stock exchange with its uncertainty excites freak of the imagination. From the losers, suffering a myth about exchange knowledge, it is possible to hear: “I have lost, because did not know secrets of speculation”. Many losers think, as if to succeeding stockbrokers any special secrets are known. These people do not know that to play at a stock exchange not and it is odd. It is much more complex to delete, for example, an appendix, to build the bridge or to assort action of proceeding. Good stockbrokers usually people sharp, but all is far not - intellectuals. Many did not study in colleges, and the some people even have thrown school.
Stock jobbing often involves the succeeded businessmen and people of liberal professions. Here a portrait of the average client of broker firm: it is forty-year married the man with higher education. Many have also the firm.
So why do these people who have succeeded in the business lose at a stock exchange? The matter is that there the keystone to success is covered not in special knowledge, not in any secrets and, certainly, not in formation. For success in work at a stock exchange the clear practical mind, the certain share of boldness, constant self-checking and aspiration to self-improvement are simply necessary.
I don’t answer to the description absolutely, but I would like to try to speculate at the stock market, and (I hope) I will succeed.
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