Trading house.
Trading house.
Usually, we present trader to work on
exchange platform or a huge office among dozens or even hundreds of colleagues,
flurry of activity on the buying and selling of various tools of the trade.
But electronic trading is completely different, and should be prepared to
Some of the difficulties of this type of income.
In the first place you will encounter all the problems of home-based work, and to them
will be added others that just is not superfluous to learn.
And so you decide to become
a trader, do not think that it will be easy:
• Self-organization - perhaps
one of the main enemies of working from home, and we are not talking about opening
transactions, in fact trading is a fun game, but all the attendant
moments seem routine.
Try to force yourself to study the technical
analysis, or spend a couple of hours to study the movement of history
currency pair. In addition to opening deals you have to do a lot of uninteresting
of things.
Therefore, from the very beginning of your day should be
clearly painted at the time when you are trading and time for education and other
related activities.
• Loneliness - for
Many people work a kind of fun, because you can always talk in the office
with colleagues, drink coffee. Electronic trading is not a
opportunities, work to be alone. For some, this can be quite a serious challenge.
Problem is the fact that the less you
communicate with others, the more difficult it becomes to do so. So every day
must "go to people" let it be an evening walk or
a trip to the store.
• distractions - sometimes you have to work in conditions when there
are close people (parents, children, spouses), they are in most cases
flatly refuse to accept your work as a job, because you have no boss.
Therefore, it is best to say that you are working on
a fictitious company, home manager, and the rest of the terminal it is
your job, the results of which should be to report to his superiors.
This approach will save you quite a few nerves - check
on their own experience.
• Free time - often
its surplus impairs you opened a few trades, stop orders were placed, and can only wait for the result of watching the market.
But this observation often leads to premature closure of the transaction.
Therefore, it would not hurt the open positions,
it is best to find something for everyone. I myself prefer intraday
trade on M30 - H1 and Scalping cent on spare time
accounts.
It not only takes a hand, but often brings
a small profit, the main thing correctly use scalping without risking large amounts of money and time to transfer profits
to another account.
• overload - Forex market is open 24 hours a day, but this does not
It means that you should also trade around the clock. It should immediately be determined
at some of the sessions you will work, learn to disconnect and separate working
from time to time of rest.
Work at home, and so is difficult, and when
trading sessions here there is also the need for an independent
decision-making, but at the same time - this is a huge plus for people with initiative,
because they do not need to ask permission to implement their own plans.
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