Learning Investment - Before
becoming a trader, whether you are an employee? I'm sure, a lot of stock
traders, forex, or gold which had been an employee. In fact there are already
many years into a new employee becomes trader. There is also a new after
retirement became a trader. For so many years, namely those that mindset as the
employee settles in the subconscious. The mindset that ultimately unconsciously
carried away when trading and can ruin your trading.
Being
a trader and employees are different things. In fact I said the difference is
like the earth and sky. Without realizing it, they are departing from the world
of employees bringing their ways of thinking when trading. This is dangerous,
because the mindset of employees would not be suitable for trading.
Here
are some of the mindset of employees who could ruin trading:
1. Must work every day
Employees
must sign in to work every day, from Monday to Friday suitable office hours.
The more diligent employee, meaning that the company is increasingly valued.
Trader that originated from employees often feel more diligent means greater
trading opportunities to earn money. This is wrong. In trading, the amount of
money generated is not directly proportional to the amount of trading done.
Instead more and more trading (overtrading) trading generally more losses. What
is important is not the quantity of trading, but the quality of trading.
2. Always get paid on a regular
basis
Being
employee was delish is get a paycheck every month, as long as not sacked. There
is no certainty to get the money periodically. Many traders who came from
employees so anxious to get the money at any time. He "requires"
themselves in order to profit each time. Usually traders who insist so actually
the opposite obtained. In fact, often loss. Being a trader, you should be aware
that we may not be able to profit at any time. Being a trader, there's time did
not get the money, even a loss. Especially on the local stock trader who could
only profit in one direction. If the stock markets are bearish, you want to get
a profit trading insistent usually even often lose.
3. Being in the comfort zone
Being
employee it means to be in a comfort zone at any time, as long as the company
you work for is still healthy. While a trader is different, we are always in
uncertainty any time. The market is always fluctuating and unpredictable.
People who have long become employees when a trader usually shock, severe
stress to disrupt trading.
4. If one got the first warning
letters
Ease
into the employee is when one, you get a warning letter first. The Company will
not play fired. But if any trader, directly cut capital. Not a warning letter,
but a letter of notification from the broker if the capital is already depleted
alias margin call. So make a mistake as a trader it is expensive. We ourselves
have to punish ourselves with cut loss. If waiting for the market to punish,
experience a margin call.
5. No responsibility when making
decisions
When
being an employee, you do not have to be directly responsible for all the
decisions made by a company. If the turnover of the company down, we can say
that less promotional marketing section, or part of the research new products
less desirable. While a trader means that we are responsible for all the
decisions we make. So we must be careful always on our trading decisions. Each
trading decisions are our future as a trader.
6. Satisfied with the skills
possessed
Become
employees already clear of his job description. Including the necessary skills.
You are not required to have new skills beyond the job description. But in the
trading world is different. As a trader you have to master a variety of
different skills. Technical Analysis For instance, cash management, risk management,
trading psychology. Not to mention the knowledge of the market. The market is
always changing, and dynamic. In trading 2 + 2 does not always equal to 4. If
you do not want to add a science, it's unlikely you succeed as a trader.
7. Hard work always paid off
Companies
usually reward the hard working employees. Increasingly work hard, the easier
it got a promotion and salary increase rapidly. While a trader is not
necessarily. We are already half-dead analysis, days observing the chart until
pedes eye, the result can be different from those expected, still a loss. Being
a trader that's no guarantee that the hard work definitely getting great
results as well. Many traders who felt he was doing the analysis with hard, he
must make a profit commensurate with that done. That means he ngarep big
trading profits, so that when the analysis is wrong he insisted remain with his
analysis. As a result of disasters. Even more swollen loss.
Again,
it's become a different trader hundred eighty degrees compared to being an
employee. Which had previously been employees, may have the right mindset about
trading and does not carry the mindset of employees in trading.