Fund managers are professional investors who adhere to the principles of financial survival. Traders are new to the profession and more careless in the transaction.
DIFFERENTIAL NUMBER 1: MANAGEMENT OF THE REASON FOR NOT TO ORDER - TRADER ALWAYS IS REASONED FOR ORDERING.
New traders often have high demand on orders because they think that the more orders, the more money they make. The truth is that the more orders, the greater the cost burden and the margin of return will be minimized. Too many orders hurt trading psychology and make mistakes that are not worth it. A Fund Manager will always ask, "Is there anything else I should NOT order?" If there is no reason to stop, they will enter. And once they are in, they are completely confident in their decision.
DIFFERENTIAL 2: MANAGING FUNDING TO RISK MANAGEMENT - TRADER CONCERNING FOR PROFITS.
This is a very important difference. A trader is always thinking about profit, and because it is too focused on profit, he has accepted too high a risk and made big mistakes. Meanwhile, the Fund Manager emphasizes the preservation of capital as if it is the life of one's life. Fund manager would rather not enter the order and wish he had entered rather than entered the order and wish he had not entered.
DIFFERENTIAL 3: MANAGING THE FUND IS NOT CONFIDENTIAL IN SUCCESS - TRADER FOR THAT THERE IS A PERFECT SYSTEM THAT WILL BE SUCCESSFUL.
Fund managers focus on discipline and maintain consistency in trading strategies. Because of this they produce consistent and sustainable results throughout the years. Traders always think that if they find the "secret key", they will change their lives. So they constantly change the method and never master a certain method. Because of this their results are not consistent and the trader is always feeling dissatisfied with his results.
DIFFERENTIAL 4: FUND MANAGEMENT THAT IT MEANS THAT THE TRADER CAN ALWAYS WALK IN THE ORDER AND NEVER WANT TO RECEIVE.
The truth is, no matter how effective your strategy is or how accurately your indicator is, the probability of winning a mathematical order is always 50-50. Fund managers understand this so they always cautiously put a fair price cut for every order. Understanding that every order is likely to lose, the Fund Manager will never risk more than what he has planned for any reason. Traders are excited when they find a sign on the beautiful order, satisfying all their intertwining indicators and Trader thinks that this is an unbeatable opportunity. With that in mind, Trader is often more risky than risk. Sometimes they even bet their entire account on a command to gouge out losing orders. They do not understand that there is nothing in the market, even a command they say "can not lose" is still lost.
DIFFERENTIAL 5: MANAGING THE FUTURE INTO LONG-TERM SUCCESS - TRADER SUCKS ON SUCCESS IN SHORT TERM.
With a fund manager, a winning order or a losing order is nothing significant. It's just a brick to build their big project. They will carefully nurture their account and see it grow over time in years, not months or weeks. As for trader, they see each order as a war they are determined not to lose. They were excited with a winning order and became overly confident and then overwhelmed with disappointment with only one defeat. Fund manager's trading psychology is peace and solidity with absolute belief in long-term success. Inside an amateur trader is filled with insecurity, driven by greed, fear, pressure and despair.
Refer to and find your own way to achieve success in the financial market filled with blood and tears.
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