Which category do Traders belong ?

Which "skills" category do Traders belong ?

  • Highly Skilled

    Votes: 10 50.0%
  • Skilled

    Votes: 3 15.0%
  • Semi-Skilled

    Votes: 5 25.0%
  • Unskilled

    Votes: 2 10.0%

  • Total voters
    20
  • Poll closed .

vijkris

Learner and Follower
#1
Hi, Just wanted to know the opinion of members here regarding their perception of "skill" required for Trading.

As per Minimum wages act, the definitions of skills are defined as below:

Classification of skills Category.-

(A) Highly skilled.- Highly skilled work employee is one who does the work which involves skill or competence of extra-ordinary degree and possesses supervisory ability.

(B) Skilled.- Skilled employee is one who is capable of working independently and efficiently and turning out accurate working. He must be capable of reading and working on simple drawing circuits and process, if necessary.

(C ) Semi-skilled.- Semi-skilled employee is one who has sufficient knowledge of the particular trade or above to do respective work and simple job with the help of simple tools and machines.

(D) Un-skilled.- Un-skilled employee is one who possesses no special training and whose work involves the performance of the simple duties which require the exercise of little or no independent judgement or previous experience although a familiarity with the occupational environment is necessary.
 
#2
Hi, Just wanted to know the opinion of members here regarding their perception of "skill" required for Trading.

As per Minimum wages act, the definitions of skills are defined as below:

Classification of skills Category.-

(A) Highly skilled.- Highly skilled work employee is one who does the work which involves skill or competence of extra-ordinary degree and possesses supervisory ability.

(B) Skilled.- Skilled employee is one who is capable of working independently and efficiently and turning out accurate working. He must be capable of reading and working on simple drawing circuits and process, if necessary.

(C ) Semi-skilled.- Semi-skilled employee is one who has sufficient knowledge of the particular trade or above to do respective work and simple job with the help of simple tools and machines.

(D) Un-skilled.- Un-skilled employee is one who possesses no special training and whose work involves the performance of the simple duties which require the exercise of little or no independent judgement or previous experience although a familiarity with the occupational environment is necessary.
From the above definitions, i will say its semi - skilled. but by whatever experience i have i shall say its highly skilled.
Man, its unique thing if one is in that 5% category of successful traders
 

travi

Well-Known Member
#3
We should know the percentage of unskilled and semi-skilled ppl who trade first :D
But I'd think that the semi-skilled would mostly be LTI(Long T Inv) and a small %.
Majority of the traders would be skilled, that's where they get time to trade and regular job.
The highly skilled would be fulltime trader or those totally out of market making more money than what market would return for them :D:D
 

vijkris

Learner and Follower
#5
And therefore the skilled (Mind you in their own profession) come to market and become the 80% who donate to 20% :lol::lol:
So in other words, skilled (Mind you in their own profession) fellow who comes newly to the market is equivalent to unskilled fellow(Un-skilled employee is one who possesses no special training), thus he looses his money... ?;)
 

travi

Well-Known Member
#6
So in other words, skilled (Mind you in their own profession) fellow who comes newly to the market is equivalent to unskilled fellow(Un-skilled employee is one who possesses no special training), thus he looses his money... ?;)
Yes Bhai, that's the only way I see it :D
Raghav said:
I have read somewhere that the most number of losers in the market come from engineering background, then comes lawyers, MBA's and successful business people from other streams. All these people before entering market, in their previous stunts can manipulate the work environment around them, even though they are wrong. In Market, we can’t manipulate price. We just have to follow the price. Please read this deeply to understand.
The most successful of the traders are either uneducated/less educated or are from military background because they follow strict discipline and do the things exactly as per the rules. These people have less or no opportunity to manipulate the work environment around them as rules are rules in military and uneducated/less educated have very less complicated garbage (indicators, TV Channels, Tips, rumours) inside their mind as we do and they also follow the rules by default as they don't have choice.
 

natjay

Well-Known Member
#7
Traders belong to the Skilled category (anything less and they're just operators or gamblers)... But that skill emerges only when they pay their tuition fee to the markets in the form of years of sweat, determination, agony, distractions and u-turns.

Very rarely do you find (or need to be) a Highly Skilled trader. In fact, trading by and large can be simple. But we realize that only after we have attempted and eliminated all manner of increasing complicated stuff. It's human nature.
 

Kabira 21

Active Member
#8
I voted in Semi-skilled.Jo naa to unskilled hai aur naahi Pro hai..
kamata hai,loss karta hai,fir kamata hai and it goes on.
Sustain nahi ho pata :D

thats my definition of Semi-skiled.
 

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