A Career in Trading
Trading is often perceived as an “easy” activity, but in reality, it is quite the opposite. It is an art, a skill that requires practice, study, and patience. Successful trading is a delicate balance between psychological stability and social neutrality, creating an explosive combination. However, it also offers a pathway to generate passive and residual income autonomously. You don’t need mentors or money to learn and start; what you truly need is ambition, determination, and consistency. These qualities can seem almost impossible to cultivate in a world overflowing with information on how to achieve financial freedom.
Let me clarify: no guru, course, or class will provide you with the exact path you should take, nor will they offer any secret formula. Trading is not like a cooking recipe where, with the same ingredients, everyone can create a good dish, differentiated only by seasoning and flavor. In trading, that magic formula does not exist. Over the years I have spent learning and understanding this fascinating world, I have repeatedly emphasized: do not buy courses, templates, or market bots. Instead, download information on the basic fundamentals, learn to configure, and start from scratch with each instrument. This foundational knowledge is essential.
Starting in trading requires a comprehensive understanding of every aspect involved. Why would you want to learn to click a buy or sell button when you don’t even understand what EUR/USD or XAU/USD means? You need to grasp their acronyms, components, and the information that each symbol carries. Understanding why spreads exist, what they are, and how they affect your trades is crucial. Many traders leave their positions open for over 24 hours without realizing they are incurring swap fees. In fact, many so-called gurus don’t even know how to read a spread; they don’t understand that a pip represents 10 points and that spreads are measured in points. Grasping these concepts from the ground up will simplify your decision-making process and help you develop your own strategy.
This world is marvelous, with countless avenues to make money, and without a doubt, you have arrived at a place where you can build a career. There are many types of trading, each offering different ways to earn money, some simpler than others, all while staying within legal boundaries. I want to focus this article on opening your mind to the endless possibilities inherent in the trading world. I built my career from scratch, learning from every loss, every arrogant person I encountered who thought they were a guru, and every stumble along the way. Each word spoken to me became a stepping stone in my journey. I never settled for doubt; I always sought to learn more, and I continue to do so. I am an unstoppable seeker of knowledge. Learning is my lifeblood. I often remain silent to analyze my surroundings, the knowledge, and the contributions of every place I interact with, defining my own limits and standards. This is a lesson you must learn as well.
Starting is challenging, but the most difficult part is sustaining your progress. Begin with the basics: understand the market, listen to news, watch reports, and analyze the movements of the charts. After that, use indicators and identify which ones resonate with your visual perception. It is scientifically proven that the things we click on most quickly are often the ones that yield results. There are thousands of indicators available online; follow the news and adapt one indicator at a time to learn how to differentiate which one suits your psyche and makes you feel secure. Personally, when I discovered fractals, I never looked back. So, find your own.
Diversifying assets is generally viewed positively; it opens up a world of possibilities. However, if you focus on becoming an expert in a specific financial instrument—be it indices, CFDs, Forex, metals, or cryptocurrencies—you will set yourself apart from the rest. This is an infallible secret to success: leverage exclusivity. In every sector, there is always someone who stands out, and standing out is only possible when you do something exceptional. To excel, you must find something you are very good at, and if you discover that you are not quite there yet, strive to become the best. Achieving something different that generates positive results makes all the difference. When I started, I made many mistakes—errors that helped shape my understanding. The first constant that made me stand out was creating profitable software. The first one was called “Caracol,” and of course, I didn’t do it alone; I had my programmer Ariel as my right hand. Later, we ventured into high-frequency trading in 2018, which brought me my first successes, but that story will be told later.
It is essential in the trading world to analyze every step you take and continuously inform yourself. Do not take shortcuts without being sure of what you are being told. Many will offer management services, templates, and bots, but those strategies were not created by you. Why would someone sell their golden eggs? It’s as logical as thinking that Coca-Cola would sell its formula to allow other companies to compete with them.
In conclusion, trading is a journey filled with challenges and opportunities. Embrace the learning process, stay curious, and remember that the path to success is paved with knowledge and experience. Your journey in trading can be as rewarding as you make it, so take the first step today and commit to your growth.
By Stephany Rojas
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