What makes one a Professional Trader?
Uczestnik z Aug 27, 2017
994 postów
Dec 20, 2021 at 12:44
the professional trader is a trader who know how to make money , actually money management is the core of this market place.
Uczestnik z Nov 03, 2021
9 postów
Dec 20, 2021 at 15:19
A professional trader is one who generates all of their income from trading
Dec 23, 2021 at 19:55
To begin with, professional means the situation when a person earns their living with the help of some activity. It is something like what makes a professional footballer different from the amateurs: it is the fact that a professional football player's main income comes from playing football. So, it has nothing to do with skills or expertise. There are many bad professional sportsmen, actually. A professional trader is a person who earns their living through trading. I feel that it is pretty obvious to everyone that if they are able to provide themselves with the help pf trading, it means that they have enough expertise and skills to share. That is why the books which were written by professional traders are so popular and people trust them.
Uczestnik z Dec 14, 2021
28 postów
Dec 24, 2021 at 04:37
For me, a professional trader is not the one who earns huge profits but the one who has a deep knowledge about even the most basic things. Therefore, I believe that continuous practice is needed to become professional. One must be ready to enrich his knowledge constantly through learning. For that most traders utilise resources such as social media platforms, books or advanced trading courses.
Uczestnik z Mar 16, 2021
477 postów
Dec 25, 2021 at 02:38
BookZerp posted:Discipline, planning, psychiatry, good strategy, money management, risk management, if done properly, it is possible to become a professional trader.
To begin with, professional means the situation when a person earns their living with the help of some activity. It is something like what makes a professional footballer different from the amateurs: it is the fact that a professional football player's main income comes from playing football. So, it has nothing to do with skills or expertise. There are many bad professional sportsmen, actually. A professional trader is a person who earns their living through trading. I feel that it is pretty obvious to everyone that if they are able to provide themselves with the help pf trading, it means that they have enough expertise and skills to share. That is why the books which were written by professional traders are so popular and people trust them.
Uczestnik z Jul 19, 2020
751 postów
Dec 28, 2021 at 03:35
Experience is the main thing that separates professionals from beginners. Professionals have been in the field for longer and during that time have had to find ways to identify their bad habits, better ways of doing things and even modifying their trading strategies in such a way that they are consistently profitable.
Uczestnik z Jul 20, 2020
399 postów
Jan 13, 2022 at 07:51
Professional traders are consistently profitable. Thats it, they are able to make a living from trading. There is a key difference though they are not consistently winning all the time they are profitable in the long run with losses accounted for imo
Uczestnik z Jul 19, 2020
751 postów
Jan 16, 2022 at 06:31
Cenaya posted:If you're not a professional, you will not be successful. Professional does not mean you should take trading as a professional. It is about having the necessary knowledge and a mindset that is suitable for trading in forex.
A trader can be called a professional if his/her income depends on their trading results. Likewise a sportsmen can be called a professional if he relies on the sports results.
Seb King (sebking1986)
Uczestnik z Apr 09, 2019
538 postów
Jan 17, 2022 at 12:06
One that makes money from trading over the long term.
If you can't spot the liquidity then you are the liquidity.
Midday Forex (cgasucks)
Uczestnik z Jan 26, 2013
73 postów
Jan 17, 2022 at 14:54
To me, a professional trader is one where his/her primary (and sometimes only) income is derived from the profits of his/her trading.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Uczestnik z Jan 03, 2022
9 postów
Jan 17, 2022 at 17:53
cgasucks posted:
To me, a professional trader is one where his/her primary (and sometimes only) income is derived from the profits of his/her trading.
And that income must come directly from their trading not 'forex education' etc?
Midday Forex (cgasucks)
Uczestnik z Jan 26, 2013
73 postów
Jan 18, 2022 at 01:40
OriginalPointer posted:cgasucks posted:
To me, a professional trader is one where his/her primary (and sometimes only) income is derived from the profits of his/her trading.
And that income must come directly from their trading not 'forex education' etc?
If you teach others how to trade and make all of your income from teaching, then you're not a forex trader, you're a forex educator.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Jan 20, 2022 at 05:03
For me, a professional trader is not someone who makes oodles of money day in and day out. Traders who are professional in their approach, consistent in their efforts, follow their plans, strategically take every move, stay disciplined, don’t chase money and try to learn lessons from their failures are professional traders.
