Am I Suitable To Be A Stock Player?

Hello Gain Stock friends... Meet again in my new post.....

Sometimes I read and find inspiring stories of entrepreneurs, property experts who have had great success in their fields. Apparently, many of them are "retired" stock players, I mean "retirees" are (sorry if that sounds bad, but this is the fact) stock players who failed to make a profit / went bankrupt from the stock trading and investment business.

Because they went bankrupt in the stock business, their capital was eroded, the stock market was not what they thought, they finally chose to stop playing stocks and pursue a real business/investment. And, the results are very satisfying.

Most of them were traumatized by the stock market, it turned out that they were hit by the stock market during a crash, especially during the 1997 Monetary Crisis. This crisis automatically hit the entire capital and portfolio of stock players trading at that time, so that they eventually went out of business. But there are also stock players who have been trading since the Krismon and have survived until now, and their portfolios have even grown many times over.

Well, looking at the conditions in the stock market, actually many people are hesitant to enter the world of stocks. In fact, stock players began to doubt and wonder, am I really fit to play stocks? If you ask me: How do I know if I'm good at playing stocks?

The answer, only you know. However, at least you have to know the FACTS IN THE STOCK MARKET first, before you decide to jump into the world of stocks or not. Or, decide whether you will continue your career in the stock world or not (for stock players). The facts that I describe will reveal what the real market conditions are (not just writing from the good side).

1. You can make big profits from stocks, and vice versa, you can lose big from stocks

In the stock market anything can happen. You can make big profits, and vice versa. When you are profitable, you should not be greedy / greedy. In the capital market, the law applies: A year's heat is removed from a day's rain.

It is possible, the profits you get for months, can be erased with a loss of one day. If you don't have the right trading mindset and psychology, it will be very difficult to maintain consistent profits. For complete material on investor psychology, read Stock Gain posts related to point number 1: Right Trading.

2. No beginner can immediately profit consistently from stocks

It's possible that beginners can get big profits from stocks.. But.. it's just beginner lucky, not because you're smart, great and good. And it is very possible, you can lose big in the following months. Besides, if you are a beginner and hope to get rich immediately, how much knowledge do you have? Also read: Why Beginner Stock Players Often Lose? (not published yet.. coming soon).

The stock market is very dynamic. There will be a lot of events that can increase or shake stock prices in a short time, so that the psychology and minds of stock players are very drained due to the dynamics of the stock market which are often unpredictable.

A stock player who can withstand and understand stock market conditions are those who are experienced, not those who have not / experience is still minimal.

3. There is a time for the stock market to be bearish

If you are also a stock player (read: stock trader or investor) even an experienced one, you must have experienced for yourself that making a profit from stocks is not as easy as it is touted from the stock seminar titles you read. There will be a time when the stock market is bullish (that's where traders usually get a chance to make a profit and the euphoria begins). There is a time when the stock market experiences a bearish trend and that's where traders start to lose a lot, the shares are stuck, they start to be pessimistic.

4. Stocks are a psychological game

What you should know, playing stocks is not only about technical and fundamental analysis. As long as I play stocks, psychologically, my energy and mind are really drained. When to cut loss? Will stocks go up again? Stocks go up and the market goes down, should I sell now? The right psychological play is very influential on trading success.

5. You will often get it wrong

"There are no smart people in the capital market" That's a quote from the stock world that I often hear. In the stock market you will often be wrong. The capital market is not a mathematical formula. And all brokers, analysts, stock experts can say JCI predictions and stock price predictions, in the end, use prediction science or guesswork.

You can guess carefully, you can predict as accurately as possible, but all stock price movements are 100% determined by the market itself. Do you remember November 11, 2016 when the stock market closed down sharply by -4.01% because of the Donald Trump effect? At that time, before the market opened, there were many predictions that said the JCI could still rally, the JCI would still strengthen to a limited extent. However

So, don't be surprised if the stock you buy doesn't go up. Sometimes, you just need to wait for your stock to rebound.

6. The market is very sensitive to news

Any news that can affect the stock market, either directly or indirectly, usually will always be responded to by the market quickly. Although, the news did not have a direct impact on the JCI, for example Brexit. However, the JCI immediately corrected sharply in one day. Yes, that's a fact. For stock players, this is one of the reasons why you will often be wrong (point 5). In the capital market, there are a lot of news that can surprise JCI.

Now please decide and look at yourself, whether your heart is comfortable, are you sure and ready to take all the risks to become a stock player or not. If you ask me, am I fit to play stocks? I answered YES, because I have considered all the elements of gain and risk.

Gotou Sakurajima A female trader from Japan who now lives in Jakarta, Sakura loves Forex and Stock Trading since moving to Jakarta and Sakura loves to write articles about Trading.