If you like trading, then definitely you need to spend some time forex learning before you ever think to download an app, and then start buying a stock like crazy. This is the most neglected part of being a trader, as they hop in cowboy style to some trading apps,  and start buying some fancy stocks without even knowing the consequence of doing that kind of thing in the process of trading. The market of stocks is volatile, meaning it can go bullish, or it can be also spiraling downward. 

There are many people asking a question such as, when you need to buy some stocks, or what kind of stocks you need to purchase before buying it. To answer this question, you need to understand the nature of the stock market itself. As said above, the stock market is very volatile, as the slightest and smallest disruption could potentially raise or reduce the price of a certain stock. So you want the less volatile, steadily growing, and strong stocks at your wallet. 

How To Become a Trader in The Stock Market

Thanks to the advancement of technology, nowadays you can start selling and purchasing the stocks as easy as swiping a phone at your hands, and therefore you can start by downloading certain apps that makes you able to do just that. There are literally hundreds of that kind of apps that you can download and use as you will. But this easiness also comes with a very high risk, as the beginner who actually enters the world of stock trading is less equipped with sufficient knowledge to do the business. 

And therefore, there is a lot of failing trader that lost from a couple of dollars to a grand just because they are making a huge mistake in their investment. The most basic and sufficient example of how amateur and the clueless trader is in the case of bitcoin. At first, bitcoin only yield less than a dollar, then skyrocketed to almost a grand. At that time, literally millions of clueless people gamble their money away, in a vain hope that the price could keep rising, which is obviously not the case. 

What Makes a Successful Trader 

If you wish to become a very successful trader, then you need to understand the stock market, as well as spending some time forex learning, since the forex is not something you can underestimate. The stock market is very hard to understand, and therefore you need to maximize your effort if you do want to make money in this kind of business. The simplest way for you to generate enough money to justify the effort is to make the correct decision about where you are about to put your money. 

And to do that, we need to track the legendary stock trader even lived, which is warren buffet. He is simply the wisest and most successful stock trader, as he has already generated billions of dollar from liability to an asset, and so he was revered by the trader community across the globe. His advice is actually very simple, as you need to be patient, and wait for the best price to come across, and start purchasing the desired stock as soon as you can. 

The Preparation to Become a Trader

Becoming a trader is not a simple thing to do, and thus you need to prepare a lot of things. First, you need to own a proper device and software at your disposal, and then you can start by downloading the desired apps for start trading, and spend some time to do forex learning.