Talk between forumers in: http://z3.invisionfree.com/Artebursatil
really can live on trading? Or is it just an illusion? In many articles that flood networks spew 90% chance of losers and only 10% takes advantage. In addition the winner will not exceed 10% to 20% annual return. What is the truth, so the lower the probability of winning is the trader? It is known that people use it as a hobby, as they have other income that does not require one to be constant, such as a portfolio investment for the medium and long term with big business, business owners and / or company developed its managers property, independent professionals, etc. that most of these revenues are amortized. I invite those who possess practical experience to resolve this issue, and I do not live in this that I love and would do so. (Read the reviews would assess car2005 - charliedas - Pablo - pibe10 - ricardo ... ) Thank you. Regards, Ariel The secrets to living the bag from home. Slowly, still far from usual in Anglo-Saxon countries, the phenomenon of day trading is catching on in Spain. Some market studies, such as that conducted by Self Trade, say that since there are 250,000 active customers over the Internet. Every morning, with the opening of the market, these workers of the Exchange is up to the values \u200b\u200band try to guess the tendency to scrape some euros with each operation. The technological revolution, which allows for investment in real time from home, most financial literacy of investors, the fall of committees and the two financial upside to the market accumulates partially explain this boom. Among day traders, a term called these investors, there are several classes. An example of this diversity is the different profile of the six people involved in the story. Some hold high training in intraday trading techniques, with an extensive shooting in the markets and the stock market have made their livelihood, their work. Others, without much preparation, seeking return on their savings beyond what was offered by the bank, but not his profession. Although with different motivations, they all have one goal: to beat the market and make money. 'We must distinguish two types of day traders. On one side are the old barandilleros term designating the investor from the railing of the park by making its own operations, a specialist on the English stock and peas is devoted primarily to small caps, "explains PMC, day trader Madrid aged 42 requesting anonymity. 'Then we are people with higher education in the financial markets, specializing in derivatives, quality products for intraday but are more complex actions, "he adds. PM C invests mainly in futures on the German Dax index and the bund (benchmark 10-year-Germany). Can you live While the stock market? 'It is possible, many do, but it is not easy. Requires education and experience. You have to spend a long period simulating operations on a paper before making the leap to the real market, 'says José Luis Carpathian professional speculator since 1985 in the futures market and one of the gurus day followed by English traders. Carpathians, which currently performs technical analysis intraday BolsamanÃa.com page, knows what he's talking. 'At first I was on the brink of ruin. I lost everything and I realized this was serious, requiring prior training, "he says. That speculation is not a bed of roses is tested even academics. In May 2004 he published the most comprehensive of them. Professors Barber (University of California), Lee (Taipei) and Odean (Berkeley), studied the behavior of 80,000 investors for five years in the Taiwan market, the stock market in the most day traders operating in proportion to the total because Intraday prohibited for institutional investors. ___________________________________________________________________________ The conclusion is devastating: 80.4% lost money doing intraday; 18.8% was limited to not lose, and only 0.8% of the traders made money. ___________________________________________________________________________ control emotions Exchange Companies are aware of the risks inherent in this activity and offer courses to their clients in order to form before going into the stormy waters of speculation. Apart from technical analysis, where they are taught how to read and interpret a graph channels, support and resistance of a value these courses enough to affect the mental aspect of trading. 'After 20 years in the markets I realized that the most important thing is to know yourself, able to master because it is the world's hardest job, "says Carpathians, which besides making continues to invest intraday analysis. 'The mind is essential because the human condition makes us optimistic by nature. One must know how to flush the profits and cut losses as soon as possible, "adds the expert. Morningstar, international rating agency investment fund, commissioned a study in which respondents were made to the following question: what do you think when you are performing an operation on the stock market? Only 19% of respondents admitted to doing what is right, that is, to think alike in losses as profits. 74% thought only how much was going to win and only 7% was fixed exclusively on the possibility of losing money. "This is a common mistake ' says Manuel Andrade, MEFF commercial director who teaches courses on control and discipline in the intraday. Andrade believes that we live in a time when people think they can get rich quickly. "However, success in the markets has nothing to do with having the best or the best broker software. Success means understanding oneself and not to the market. " In his opinion internal control is fundamental and should not be making decisions hot. "What I teach is not so much psychology of trading, but financial management, ie how to manage the losses, which is the only insurance. An investor can not determine in advance how much is going to win, but as is willing to lose, "says Andrade. Professional day traders, according to this expert, do not lose more than 2% of capital available for each operation. 'Another error is to persist longer in the market out. In intraday loses acting wildly. 80% of what we gain is obtained with 20% of operations. We must act selectively, "says Carpathians. 'A decision also used among the most inexperienced signal is desperately seeking to enter a value, without much concern for the output. However, knowing stop action is the most important. " Article extracted from: Greetings www.rankia.com
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| 'At first I was on the brink of ruin. I lost everything and I realized this was serious, requiring prior training, "he says. |
inevitable road to travel, but not like ... happens!, who has not been through it cast the first stone .... Greetings.
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| 'The mind is essential because the human condition makes us optimistic by nature |
agree. That optimism could be playing very much against. One should train just as always professed the founder of this forum, to put emotions aside and have a plan and follow to the letter. Mind many times we can play tricks. If I guided by what he says Alexander Elder, is a 95% and 5% illusion of reality (probability). I understand that 5% who win do so because they meet emotional control, money management, trading systems, ie are suitable for such tasks. (This is comparable to any sport where many people practice eager to get to the top and only a few do). Is there any reader who at least has made a living at this? Surely the people who start to trading practice it with expectations of economic gains, many give up, others follow because they enjoy it, but as I wrote in the first post I think that most are solved on the other hand, I hope that answers to tear down what I think. Regards, Ariel PS: I read the entire forum Trader Psychology With very good data 
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