Brother Ming, what kind of people are more suitable for trading?
I have met and talked with many friends who do trading, and only a handful of them have made profits. Brother Ming will list a few common points among them.
1. Emotional stability - able to stay calm in fluctuations and not be controlled by fear or greed.
2. Strong self-discipline - strictly implement trading plans and avoid impulsive trading.
3. Strong stress resistance - able to withstand the psychological pressure brought by market fluctuations.
4. High risk awareness - good at managing risks, reasonably controlling positions and stop losses.
5. Strong learning ability - willing to calm down and learn trading strategies, and will not give up halfway.
6. Patience and persistence - able to wait for the best opportunities and implement plans for a long time.