What helped you to become a trader?

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Christopher Campbell
Answered 3 years, 3 months ago
<p id="isPasted">I never found trading particularly difficult. But that is because I judge my performance based on how well I did with the cards I was dealt with. I don't rate my performance versus a benchmark, another trader, I evaluate myself based on how much return I was able to get out of a clean cut opportunity.</p><p>Like anticipate on earnings</p><p>Like anticipate on macro events</p><p>Exploit IPOs in the first seconds they publish</p><p>The discrepancy in listing between stocks which are listed in EU and US… as one stock closes in Europe before the same firm opens in the US. …</p>
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Richard Cross
Answered 3 years, 3 months ago
<p>It's easy to become enchanted by the idea of turning quick profits in the stock market, but day trading makes nearly no one rich in fact, many people are more likely to lose money. Conversely, investors who buy and hold low-cost index funds that track a broad market index like the S&amp;P 500 could see higher returns over a long period. Historically, the S&amp;P 500 has an annualized total return of about 10%.</p>
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Albert Buchholtz
Answered 3 years, 3 months ago
<p>My success in trading has been the ability to understand my downside loss (due to having worked in risk mgmt for the majority of my life) and upside wise, cherry pick my trades. As a result, most big leveraged trades I did had vv little downside risk (and were hedged 15 ways from Sunday in case I would be wrong).</p>
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William Cummings
Answered 3 years, 3 months ago
<p><br>The reason that you don't hear about many traders is that traders tend to be a tight lipped bunch that don't talk when they are making money. The reason that you don't hear about people becoming traders is that anytime there is a job that actually makes money in finance people won't give you a cookbook for getting it, since figuring out how to network with the right people is part of the "game."</p>
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