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What makes one a Professional Trader?

Aug 02, 2015 at 06:14
7,754 Views
247 Replies
Biedrs kopš   35 ieraksti
Apr 27, 2022 at 07:40
Discipline, patience, adaptability to the market behaviour, and good knowledge of the market make one a professional trader.
Apr 27, 2022 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
Biedrs kopš   29 ieraksti
Apr 27, 2022 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..
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Biedrs kopš   219 ieraksti
Apr 28, 2022 at 04:04
There is no alternative to learning to become a professional trader. Successful learning ends up making a trader successful. I never suggest any paid course for learning rather only learning sources are available for free. Traders should turn their environment friendly through igniting their skill. Traders lack these qualities and so they are highly failure.
Biedrs kopš   34 ieraksti
Apr 28, 2022 at 11:45
According to me, a person can be described as a professional if he knows when to enter and exit a trade and has a thorough understanding of the forex market.

Biedrs kopš   1415 ieraksti
Apr 29, 2022 at 09:00
A person can be described as a professional trader when they do it for their profession and make the majority of their income from trading.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   24 ieraksti
Apr 29, 2022 at 09:53
The experience makes one a professional trader. To become a professional trader you need to be consistent as well as a successful trader and all this comes from experience.
Biedrs kopš   61 ieraksti
Apr 29, 2022 at 12:17
According to me, consistent practice and learning is what makes you a successful as well as a professional forex trader.
Biedrs kopš   51 ieraksti
Apr 29, 2022 at 12:29

I would say the amount of time put in for learning, and acquiring the skills makes you a professional trader. Also, discipline with respectfully accepting the outcomes from trading in forex is an add on to your trading skill.
Biedrs kopš   1 ieraksti
Apr 30, 2022 at 05:33
I believe that a skilled trader's genuine trading account must show consistent and long-term growth. However, even specialists make mistakes, and the consequences may be severe. No one is immune from this. No trading technique can be guaranteed to be 100 percent lucrative for an extended period of time. As a result, professionalism entails changing your plan on time in order to avoid continuing to lose money.
Biedrs kopš   18 ieraksti
May 02, 2022 at 09:24
Traders’ understanding about the market, his trading skills and trading psychology makes him professional or unprofessional.
May 02, 2022 at 09:27
A professional trader is disciplined, patient and knowledgeable. He knows all the tricks to make the trading market profitable but wisely.
Biedrs kopš   14 ieraksti
May 05, 2022 at 17:52
Eagerness to lead the business til' the end.

At least, we have to understand that term ''professional trader'' is described by all the traders in a very different way, because all traders have their own idols in the sphere of trading. hey try to describe the characteristics which they borrow from othr traders or investors. I am personally convinced that professional trader is the person who managed to struggle all the problems on his path and became a real expert in the sphere of trading. His expertise is proved by his outstanding results and statistics. Moreover, he knows the sphere of his expertise in details.
delesh4889@
Biedrs kopš   2 ieraksti
May 07, 2022 at 04:14
a professional trader trades for a living , doesnot trade a 100 or 100USD account !
a professional trader gets himself a entire desk to trade and doesnot carry his laptop everywhere that he goes !
a professional trader has two years minimum of trading real account !
a professional trader is a midnset above all and a strategy second to that !
Biedrs kopš   617 ieraksti
May 07, 2022 at 06:47
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.
Biedrs kopš   470 ieraksti
Jun 16, 2022 at 00:03
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,
Biedrs kopš   20 ieraksti
Jun 16, 2022 at 11:31
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.
Biedrs kopš   17 ieraksti
Jun 17, 2022 at 09:24
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.
Biedrs kopš   24 ieraksti
Jun 17, 2022 at 10:13
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.
Biedrs kopš   51 ieraksti
Jun 18, 2022 at 05:06
A professional forex trader, in my opinion, requires years of experience and is stimulated by well-defined strategies that produce consistent returns.
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