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What makes one a Professional Trader?

Aug 02, 2015 at 06:14
247 Replies
Biedrs kopš   32 ieraksti
Jan 28, 2022 at 04:00
To become a professional trader, you must stop chasing profits and learn all that you can about the market and trading strategies.
Biedrs kopš   72 ieraksti
Feb 04, 2022 at 05:44
Qualities like the following make a professional trader:
Patience - Waiting for the right moment to enter or exit a trade
Emotion control - Controlling anger, fear and other emotions while making decisions
Knowledge - Being up to date with the latest available information and news
Practice - Trying every piece of knowledge in demo trading
Feb 04, 2022 at 14:10
There are some forex signals that can be profitable for you, there are some that are at least 70% accurate, you should know the test and understand if the signals are worth your trust before you take them. So it's better to use the signals on a demo account first or to learn from a professional
Biedrs kopš   43 ieraksti
Feb 04, 2022 at 15:37
Protecting capital and keeping dd down is more important than the monthly percentage. I want to clarify an important thing for everyone: investors should be aware of the risks of the currency market and the high volatility that occurs daily. Our advice to everyone: invest only money that you can afford to lose
Have your trading charts ready!
Biedrs kopš   213 ieraksti
Feb 04, 2022 at 18:44
Discipline, patience and a strategy
Biedrs kopš   43 ieraksti
Feb 04, 2022 at 19:35
Patience – is one of the essential qualities that a successful trader must either have or learn over time. It is the lack of patience that forces us to rush into wasteful trades that often lead to unnecessary losses. The fact that there are always plenty of opportunities in the market worth waiting for is being realized by myself always :)
Have your trading charts ready!
Biedrs kopš   139 ieraksti
Feb 05, 2022 at 07:32
Zawiri posted:
A number of times i've seen comments on this site alluding that professional traders dont make their statements public; some talk on no solicitation for funds on such forums; some on the need for one to have more than 100 trades and so forth. But what would make one be considered to be Professional coz at some point many aspire to be! Share you thoughts here.
Consistency makes someone a professional trader. A trader must be consistent and able to handle the pressure of market. This market is never perfect. It is a game of probability. Thus, a trader is bound to make losing trades. He has to know how to deal with those losses as well.
Biedrs kopš   24 ieraksti
Feb 07, 2022 at 06:09
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, 2022 at 08:52
ElliotEll posted:
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.
Well said Elliot! This really needs to be learned.
Biedrs kopš   9 ieraksti
Feb 07, 2022 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
Biedrs kopš   470 ieraksti
Feb 08, 2022 at 00:08
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, 2022 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.
Biedrs kopš   327 ieraksti
Feb 10, 2022 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, 2022 at 07:50
Right strategy and careful back-testing of the trading plan makes a trader pro.
Biedrs kopš   21 ieraksti
Feb 28, 2022 at 00:08
A good track record and good education.
Fully automated trading robot systems
Biedrs kopš   27 ieraksti
Mar 03, 2022 at 12:54
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.
Biedrs kopš   67 ieraksti
Mar 29, 2022 at 06:55
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.
Biedrs kopš   63 ieraksti
Apr 20, 2022 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, 2022 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.
Biedrs kopš   6 ieraksti
Apr 21, 2022 at 18:25
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
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