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What makes one a Professional Trader?
May 07, 2022 at 06:47
Anggota Sejak Mar 28, 2021
617 pos
theHand posted:
@CaptainVita
If you want to meet dependable Thai's it would help if you stop hanging around places like Pattaya, the bars and girls that come with them. For **** sake, what do you expect if you hang around areas dedicated to sex tourism ?
Plenty of really good Thai folks out there. Just not where you like to hang out.
@HammoRen
Paying the bills is just a baseline. But someone who can't pay their bills from trading can hardly claim to be a professional trader.
Trading knowledge & Experience mostly! Successful learning ends up making a trader successful. The first step of being successful is to develop one’s mindset because Forex-friendly mindset helps a trader derive enough profit from the market. I never suggest any paid course for learning rather only learning sources are available for free.
Jun 16, 2022 at 00:03
Anggota Sejak Apr 03, 2021
470 pos
A professional trader usually already manage huge funds in forex trading accounts and able to increasing portfolio investment, some of them may be become manager funds in forex brokers or banks, and all decisions they made are always created with very strict rules,
Jun 16, 2022 at 11:31
Anggota Sejak Jun 02, 2022
20 pos
They treat trading like a serious profession and will be staying in the market for a long time. Discipline and patience sets them apart from amateur traders who quit after encountering losses. In simple words, a professional trader has an edge over the market which comes from knowledge and experience.
Jun 17, 2022 at 09:24
Anggota Sejak May 24, 2022
17 pos
A successful professional trader has a trading system in place. This system is built on careful observation of personal approach, money $ risk management, and price movement of the instrument he is trading. A professional trader knows when he will enter the trade and there is bound to be time when he won’t be in the trade. Unless the trade is triggered as per his system, he won’t trade. For them, trading is serious business and losses are just a part of it. They don’t take any loss personally and remain calm. They are consistent and patient.
Anggota Sejak Jun 02, 2022
24 pos
Jun 17, 2022 at 10:13
Anggota Sejak Jun 02, 2022
24 pos
Every professional trader follows the saying 'cut your losses short and let your winnings run.' Every competent forex trader is irritated by their losses. When the market swings against them, they either place a stop loss close to 100 pips or exit a losing trade early. When they detect the market moving in the direction they predicted, they let their winning trades run until it begins to fall again by more than 100 pips. Beginners do the opposite: they let their losses continue in the hopes that they will reverse, and they cut their winnings short in fear of missing out on them.
Anggota Sejak Jan 11, 2022
45 pos
Aug 10, 2022 at 05:41
Anggota Sejak Jan 11, 2022
45 pos
Though being a professional trader seems like a lot of fun and a rain of profits, it can become hectic and very challenging at times. A professional trader trades full-time and should always be flexible enough to adapt to the changing market conditions and make decisions based on that. If you are confident enough to do a lot of hard work, then being a professional forex trader will be an amazing career path for you.
Anggota Sejak Oct 19, 2021
18 pos
Aug 24, 2022 at 14:02
Anggota Sejak Aug 05, 2022
28 pos
A professional forex trader requires years of experience and is stimulated by well-defined strategies that produce consistent returns, and also, use forex platform to make sure to know your broker comprehensively
Anggota Sejak Aug 05, 2021
401 pos
Aug 24, 2022 at 15:57
Anggota Sejak Aug 05, 2021
401 pos
Fx_keeth posted:Agree with you. Also think experience that can only be gained over time is crucial to be considered truly professional.
In my opinion a professional Forex trader knows how to manage risk wisely, they always have a trade plan and follow it, they are aware of their strengths and weaknesses, their discipline teaches them to stay calm in every situation.
Anggota Sejak Jul 20, 2020
399 pos
Aug 24, 2022 at 16:42
Anggota Sejak Jul 20, 2020
399 pos
LarssonWilliams posted:
A professional trader is someone who has patience, technical analysis expertise, discipline, risk management skills and an optimistic outlook.
Of those discipline and risk management are the most vital and difficult to attain
Anggota Sejak Aug 17, 2022
80 pos
Aug 25, 2022 at 03:42
Anggota Sejak Aug 17, 2022
80 pos
Learning the basics of trading is one of the most effective ways to learn how to trade. A firm foundation for your whole career is provided by a thorough mastery of the fundamentals and technicalities. Professional trading capacities are built with Learning the Advanced Basics, By Using demo trading for training.
Anggota Sejak Jul 23, 2020
869 pos
Anggota Sejak Aug 08, 2022
19 pos
Aug 29, 2022 at 07:27
Anggota Sejak Aug 08, 2022
19 pos
Constant practice and learning from your mistakes makes you a better investor. Give it time and through experience, you will understand how to pull in consistent profit, eventually and select opportunities that work in our favour. It is not something that happens overnight. Professional traders keep an open mind and are ready to face challenges. They don’t give up if they come across a loss.
Anggota Sejak Aug 08, 2022
20 pos
Sep 01, 2022 at 12:31
Anggota Sejak Sep 20, 2019
28 pos
I'm sure I can name the main signs of a professional trader.
1. Forex is the main job. CFD trading brings a trader as much money as he needs for a good life.
However, he keeps increasing his professionalism.
2. A professional trader has a less than 10% drawdown. This is a must.
3. All professional traders know how to use all analysis and trading tools including different trading platforms, indicators, advisors, robots.
4. This person constantly watches financial news and must know what is happening in the world. In addition, this person knows how to use any events for their own profit.
1. Forex is the main job. CFD trading brings a trader as much money as he needs for a good life.
However, he keeps increasing his professionalism.
2. A professional trader has a less than 10% drawdown. This is a must.
3. All professional traders know how to use all analysis and trading tools including different trading platforms, indicators, advisors, robots.
4. This person constantly watches financial news and must know what is happening in the world. In addition, this person knows how to use any events for their own profit.
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