Can a trader be full-time?

Maida Quantification
maida quantification

Before doing anything, you must be fully prepared, and the same is true for trading full-time. There must be a way forward and a way out. ​

The first step is to reserve funds.
The soldiers and horses have not moved, the food and grass go first, and the same is true for full-time trading.
First of all, it is necessary to prepare for at least 1 to 3 years of living expenses and illness expenses. This money is unshakable.
Then the excess funds can be used for transactions. You must not use your living expenses to make transactions, otherwise you will be miserable, and you will be under great pressure and you will not be able to make transactions.

 The second step is knowledge reserve.
1. Knowledge reserve of trading platform

It is very knowledgeable to choose a trading platform, otherwise you may get nothing. You must have the ability to distinguish between regular platforms and black platforms. In this regard, you must have a pair of sharp eyes.
Getting into a black platform by mistake may cause you to lose all your money, and years of hard work and hard work come to naught.
2. Trading technical reserves
First of all, your trading system must be an anti-fragile system.
Whether you can make a stable profit, and what is the logic behind your stable profit, where are the risks, and how much profit can you make?
3. Legal knowledge reserve
You need to know what can be done and what cannot be done.
A gentleman can do everything and not do something, so he can do everything.
If you break the law because you don't understand it, the loss of reputation and property is small, but facing prison is a big loss of freedom.
Haven't you heard that life is precious, love is more expensive, if it's for the sake of freedom, both can be thrown away.
​The third step, the final retreat.
This step is also the most important one.
It's both your lifesaver and your town portal scroll.
Just like an army fighting a war, you must not lose the main city, otherwise you will die miserably.

You must not learn to burn the boat, do nothing but trade, and drive yourself to a dead end. 

People who only do transactions for a long time, because they do not communicate with the outside world. He even develops autism that is afraid of social interaction, and even suffers from mild aphasia in severe cases.
Once you fail, when you are old, you may embark on the road of delivering food. Because you can do nothing but trade.
​The fallback here is that if you fail, what is your means of making a living? ​Then
you need to think about what other jobs you can do while you are trading.
First, being able to work from home.
Second, be able to communicate with the outside world.
Third, it can assist transactions. Write foreign exchange programs or do self-media or Internet-related work that
meets the above three conditions .

So what are the benefits of these first two?
Self-media helps you accumulate contacts or customer resources, prevents you from being out of touch with society, and at the same time increases your income.
The more influence you have, the easier it is for you to do other things.
The program helps you keep an eye on the market and even assists you in trading, saving a lot of time. Therefore, the escape route recommended by the author to you can be your retreat route or your approach route.

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Last updated: 09/05/2023 06:48

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