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What makes one a Professional Trader?

Kazile
May 01 2020 at 09:12
119 postów
Professionalism can only be achieved through hard work.

Joshua (hereN)
May 02 2020 at 07:18
1 postów
@Kazile you are right. It takes a heck of hard work to succeed and to become a professional and not just in this business of trading but in every other sphere of life.

Professionals are known to do lots of crazy things that amateurs think is a waste of time or find uncomfortable.

They don't settle for less and they keep grinding until they perfect their craft.

As a trader, you can get to the level of professionalism by working hard to optimize your strategy and system and your trading psychology that ensnares most traders.

To get there, you can start by keeping a trading journal to track every aspect of your trading then weed out areas you struggle with. Here are pointers - https://thetraderinyou.com/forex-trading-journal/

protrader69120
May 15 2020 at 16:55
21 postów
Well, when you are making money doing something - you are professional. That's the actual definition of the word 'professional'.
So if you are making money trading Forex - you are professional. Being professional doesn't mean that you will not do any mistakes - you will. Being professional doesn't mean that you won't lose any money. It just means - it's your profession, your job. That's all.

almfx
May 15 2020 at 17:05
241 postów
If you take this job seriously,
If your vision is beyond the buttons .
You are a professional.

UweMoench
Dec 20 2021 at 01:47
737 postów
The power of the dream with the correct plan is the primary system to play in your main success to a well built system in FX trading arena

Adribaasmet
Dec 20 2021 at 12:44
987 postów
the professional trader is a trader who know how to make money , actually money management is the core of this market place.

garlicbread
Dec 20 2021 at 15:19
6 postów
A professional trader is one who generates all of their income from trading

davemack
Dec 22 2021 at 04:41
38 postów
Discipline, planning, and a proven set of rules are the only ways an average person can become a Professional Trader.

BookZerp
Dec 23 2021 at 19:55
8 postów
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.

Peirameter
Dec 24 2021 at 04:37
17 postów
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.

skihav
Dec 24 2021 at 16:13
506 postów
Quite difficult to say, to be honest. More important is to keep track of your performance.

LukeRachel
Dec 25 2021 at 02:38
453 postów
BookZerp posted:
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.

Discipline, planning, psychiatry, good strategy, money management, risk management, if done properly, it is possible to become a professional trader.

croisssan
Dec 25 2021 at 16:26
634 postów
For me, the most important thing in this industry is experience. For a trader, this is a really important indicator.

RobertFerrari
Dec 27 2021 at 09:31
305 postów
croisssan posted:
For me, the most important thing in this industry is experience. For a trader, this is a really important indicator.

Yes. Experience is the most important thing in this market.

UweMoench
Dec 28 2021 at 03:35
737 postów
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.

Cordardred (Cordardred)
Jan 12 at 09:03
23 postów
There are lots of criteria which make one a professional trader. Of course, the main is experience and the ability to earn money due to forex trading. In my opinion, it's the most important indicator of a professional trader. The rstio of wins/losses also matter a lot. Professional traders make less mistakes, hence they have less losses. No doubts, that they had losses when they started trading, however if we look at the statistics now and we see that the ratio is 3:1 for example, for the last half of a year, then we allege that this trader can be considered as a professional one.
I think it's something that all traders have to strive for. The main goal should be becoming a professional trader with such a ratio.

Iceglove
Jan 12 at 10:18
6 postów
Being consistently profitable is what makes a pro trader. If you are consistent then go pro but if you are not then you are just another loser

Stel386
Jan 12 at 10:46
12 postów
Professional forex traders are the ones who trade with discipline & consistency, have proper risk and money management skills and have proper control on their emotions.

croisssan
Jan 12 at 15:48
634 postów
I would not say that there are any specific indicators that can unambiguously speak of a trader's professionalism. As for me, this can be said in a complex way.

CraigMcG2020
Jan 13 at 07:51
192 postów
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

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