Financial trader | Platinum Trading Academy

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FOREX TRADING

• WHAT DOES IT TAKE TO BE A FINANCIAL TRADER?

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FINANCIAL TRADER

• A trader is an individual who engages in the
  buying and selling of financial assets in
  any financial market, either for himself or on
  behalf of another person or institution.

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What skills do you need to be a trader in the
Financial Markets?

• strong numeracy skills
• excellent communication and interpersonal skills
• Team working ability
• physical and mental stamina
• independent thinking
• an interest in finance and the financial markets
• integrity
• alertness and decisiveness under pressure
• ability to accept responsibility

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What skills do you need to be a trader in the
Financial Markets?

• Analytical Skill
• One skill every trader needs is the ability to
  analyze data quickly. There is a lot of math
  involved in trading, but it is represented
  through charts with indicators and patterns
  from technical analysis. Consequently, traders
  need to develop their analytical skills so they
  can recognize trends and trends in the
  charts. 

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What skills do you need to be a trader in the
Financial Markets?

• Research
• Traders need to have a healthy thirst for
  information and a desire to find all the relevant
  data that impacts the securities they trade. Many
  traders create calendars of economic releases and
  set announcements that have measurable effects on
  the financial markets. By being on top of these
  information sources, traders are able to react to
  new information as the market is still digesting
  it.

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What skills do you need to be a trader in the
Financial Markets?

• Focus
• Focus is a skill and it increases the more
  traders exercise it. Because there is so much
  financial information out there, traders need to
  be able to hone in on the important, actionable
  data that will affect their trades. Some traders
  also focus in on the types of securities they
  trade so they can deepen their understanding of a
  specific sector, industry or currency to the
  point where it becomes a competitive
  advantage against less specialized traders.

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Thank you.