The best indicator of a trader is his results and work experience. This is what shows the professionalism of the trader.
In order to become a professional trader, the very first thing that needs to be done is learn to trade it as a craft. Take it really serious.
Feb 07 at 08:52
ElliotEll posted:Well said Elliot! This really needs to be learned.
In order to become a professional trader, the very first thing that needs to be done is learn to trade it as a craft. Take it really serious.
Feb 07 at 14:29
Perhaps anyone who is taking this serious could be considered a professional trader. If you dedicate yourself to learning the craft them this makes you a professional
As long as you can make consistent profit in forex trading, you are already professional, but professional I think they not only work in one investment type, they will diversify the portfolio to balancing strategy investment, there is a portion for forex investment, there is a portion for investment in bonds, mutual funds or treasury, crypto, etc.
Feb 09 at 02:01
The forex market is not something one can just jump into without good knowledge about how it works. While sometimes one can gamble on it and become rich, one can also gamble and go bankrupt. Getting rich through forex trading requires a total understanding of the market.
Feb 10 at 06:53
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
Feb 10 at 07:50
Right strategy and careful back-testing of the trading plan makes a trader pro.
A good track record and good education.
Fully automated trading robot systems
A professional trader is a person who works in finance and engaged in investing as a business or in a full-time role rather than occasionally or as a hobby. Swing trader: A professional trader who works positions over multiple days, hoping to turn a profit from long-term market fluctuations. So, if you want to become a professional trader you have to understand that this type of job require plenty of responsibilities and willings to continue trading. Lots of trader give up after the couple of losses. That's the main mistake of them. They have to be durable and endure all the market prepared for them.
I think the most important thing is to gain experience and knowledge. For work, these aspects are the most important.
There are two types of traders in forex world, one is professional trader and another is part time trader. To be a professional trader, you have to invest your full time in trading. On the other hand, part time traders don’t invest their full time in trading and they have other earning sources beside Forex trading.
Apr 20 at 06:43
Learning and building inner trading-friendly qualities make a person professional. Until trading qualities grow in a trader, he or she cannot be a professional trader. So, it takes time to grow but it grows overtime if there are attempts for this.
Apr 21 at 06:25
A professional trader is one who is flexible in difficult situations, has a trading strategy and sticks to it, manages risk wisely, and understands their own strengths and shortcomings. They never become comfortable with what they do and are continuously seeking ways to improve.
Apr 21 at 07:04
Trading experience and human quality makes a trader professional. The trading style of a professional trader is different from that of another ordinary trader. That’s because he can develop his own trading strategy over time where many others are failure.
The trader becomes professional when
- learn a lot of information about forex
- test differenst strategies while find the best one
- always monitor each important news
- learn a lot of information about forex
- test differenst strategies while find the best one
- always monitor each important news
Apr 27 at 07:40
Discipline, patience, adaptability to the market behaviour, and good knowledge of the market make one a professional trader.
Apr 27 at 07:52
I have noticed that many brokers offer professional account to those traders who are able to make a consistency in profit and having large amount of funds stored in trading account. They get more benefits as compared to what a retail client get.
Apr 27 at 16:45
fxashely89 posted:
Discipline, patience, adaptability to the market behaviour, and good knowledge of the market make one a professional trader.
These are the key. I like them in that order too as i think it is going from most important as you go down your list
Apr 27 at 19:52
fxashely89 posted:
Discipline, patience, adaptability to the market behaviour, and good knowledge of the market make one a professional trader.
Well said, and I would add dedication..
Going in the right direction is more important than taking big steps.
