Cenaya
Členom od Aug 10, 2020
7 príspevkov
Jan 13 at 20:30
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.
UweMoench
Členom od Jul 19, 2020
751 príspevkov
Jan 16 at 06:31
Cenaya posted:
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.
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.
skihav
Členom od Sep 05, 2021
801 príspevkov
Jan 16 at 09:12
Knowledge and work experience. I think these are the most important components of a professional.
Furbelows
Členom od Jan 10, 2022
21 príspevkov
Jan 17 at 06:09
Professional traders have a passion for trading. They enjoy the financial rewards of trading, and they thrive on success. A professional trader has a plan, knows their risk parameters, and sticks to a plan.
Seb King
(sebking1986)
Členom od Apr 09, 2019
362 príspevkov
Jan 17 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.
ForwardX
Členom od Dec 20, 2021
25 príspevkov
Jan 17 at 12:31
According to me, consistent hardwork and dedication can always lead to you to the road of success.
croisssan
Členom od Jul 22, 2021
939 príspevkov
Jan 17 at 13:24
To be honest, it is rather difficult to imagine a characteristic that will instantly turn a trader into a pro. This takes a lot of time.
Midday Forex
(cgasucks)
Členom od Jan 26, 2013
73 príspevkov
Jan 17 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
OriginalPointer
Členom od Jan 03, 2022
9 príspevkov
Jan 17 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)
Členom od Jan 26, 2013
73 príspevkov
Jan 18 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
Telenergy
Členom od Jan 07, 2022
16 príspevkov
Jan 18 at 07:45
A professional trader needs to have the right mindset, follow a system that is profitable in the long run, have discipline, and be able to handle risk.
pipham
Členom od Nov 03, 2021
53 príspevkov
Jan 20 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.
Actinism
Členom od Dec 13, 2021
28 príspevkov
Jan 28 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.
whitneytyler
Členom od Jun 07, 2021
68 príspevkov
Feb 04 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
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
Williamfreed
Členom od Aug 10, 2021
171 príspevkov
Feb 04 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
Riyadh Bhuyian
(zzzTraders)
Členom od Mar 01, 2018
43 príspevkov
Feb 04 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!
skihav
Členom od Sep 05, 2021
801 príspevkov
Feb 04 at 17:47
In fact - experience and knowledge. I consider these aspects to be the most important in a trader's job.
Treeny
Členom od Feb 08, 2019
211 príspevkov
Feb 04 at 18:44
Discipline, patience and a strategy
Riyadh Bhuyian
(zzzTraders)
Členom od Mar 01, 2018
43 príspevkov
Feb 04 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!