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What makes one a Professional Trader?
Členem od Aug 05, 2022
28 příspěvků
Sep 01, 2022 at 13:48
Členem od Aug 05, 2022
28 příspěvků
Always use broker comparison tool to know your broker before choose'em
Členem od Apr 14, 2022
37 příspěvků
Sep 02, 2022 at 05:09
Členem od Apr 14, 2022
37 příspěvků
IMO, professional trader is one who knows how to keep their emotions under control and knows which strategy suits best for them to succeed in forex.
Členem od Sep 02, 2022
16 příspěvků
Sep 03, 2022 at 07:21
Členem od Sep 02, 2022
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Regular practice and revised trading strategies are what differentiate a trader from a professional.
Členem od Feb 15, 2022
219 příspěvků
Sep 04, 2022 at 09:25
Členem od Feb 15, 2022
219 příspěvků
This issue apprises us of selecting the right trading broker. We have to make sure whether the broker we are going to select provide high security of funding or not.
Členem od Aug 17, 2022
39 příspěvků
Sep 08, 2022 at 07:01
Členem od Aug 17, 2022
39 příspěvků
To be a professional trader you have to through many ups and downs, revise your strategies multiple times to find the best one which could give consistent returns in the long run. The most important aspect to be kept in mind is that you have to plan out the ways of managing risk well before it happens.
Členem od Aug 17, 2022
80 příspěvků
Sep 12, 2022 at 10:45
Členem od Aug 17, 2022
80 příspěvků
I feel the professional traders have these following unique traits:
1. They know the difference between fake breakouts and reality.
2. Loss cutting.
3. Inquisitiveness.
4. Simple and clear planning .
5. Realistic.
1. They know the difference between fake breakouts and reality.
2. Loss cutting.
3. Inquisitiveness.
4. Simple and clear planning .
5. Realistic.
Členem od Sep 14, 2022
40 příspěvků
Oct 10, 2022 at 12:21
Členem od Sep 14, 2022
40 příspěvků
Professional traders always manage their risk well. Trading alone means that you are doing everything for yourself.You need to make sure that you are trading a consistent, small amount of capital on each trade.
Členem od Jan 18, 2022
48 příspěvků
Nov 04, 2022 at 04:44
Členem od Jan 18, 2022
48 příspěvků
In my opinion, I think a trader becomes professional when he gains control over his emotions. Emotions play a vital role in forex. Trading with emotions such as fear of losing, causes anxiety. Emotions like anger of losing a previous trade causes the trader to over-trade and revenge trade, thereby risking losing more capital. When a trader is emotionless, he doesn’t let fear, greed, anger, and anxiety block logical thinking and analysis. Henceforth, traders become more efficient in making profits.
Členem od Feb 15, 2022
219 příspěvků
Nov 04, 2022 at 09:23
Členem od Feb 15, 2022
219 příspěvků
Every trader should select a broker seeing whether the broker fulfills his requirements or not. Several brokers have restrictions in different areas of trading but here you are free with that broker.
Členem od Mar 24, 2022
56 příspěvků
Dec 29, 2022 at 10:31
Členem od Mar 24, 2022
56 příspěvků
Fandango posted:Yes, a trading journal can set things in motion and can help traders stay on the right track.
Every trader has a different trading experience which means that you cannot be sure about what your trading career will turn out to be. You will have to keep working even if you are making a loss. So, use a trading journal to keep your trades in alignment with your trading goals.
Členem od Nov 15, 2022
24 příspěvků
Dec 30, 2022 at 08:53
Členem od Nov 15, 2022
24 příspěvků
A professional trader is one who is disciplined and have control on the emotions.
Členem od Feb 15, 2022
219 příspěvků
Jan 04, 2023 at 13:56
Členem od Feb 15, 2022
219 příspěvků
Forex trading without indicators is like being on the sea without a boat or a ship. Indicators help traders understand the market movement.
Členem od Jan 03, 2023
5 příspěvků
Jan 04, 2023 at 18:24
Členem od Jan 03, 2023
5 příspěvků
A professional trader is someone who has the knowledge and skills to consistently make profitable trades in the financial markets. They also have a strong understanding of trading strategies, risk management, and market analysis. Professional traders are able to identify and capitalize on opportunities in the markets, while minimizing their risks. They also have the discipline to stick to their trading plan and execute trades with precision. Professional traders are also well-versed in the use of trading software, such as charting platforms, technical indicators and trading bots. Ultimately, professional traders are those who are able to successfully navigate the markets, use their knowledge and skills to maximize their profits, and minimize their risks.
Členem od Nov 29, 2022
40 příspěvků
Jan 05, 2023 at 06:20
Členem od Nov 29, 2022
40 příspěvků
Being a professional trader is about more than just making money in the market. It's about having the knowledge, skills, and discipline to consistently make informed and strategic trades. Moreover, it’s also about being able to manage risk and emotions, and having a clear understanding of your trading goals and plan.
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