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What makes one a Professional Trader?

Zawiri
Aug 02 2015 at 06:14
6 inlägg
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.

fxdimarion
Aug 02 2015 at 14:27
46 inlägg
Consistent profit for at least one year, with low draw downs on a real account of course.

Forex is about the journey not the destination...
Zawiri
Aug 02 2015 at 15:30
6 inlägg
fxdimarion posted:
Consistent profit for at least one year, with low draw downs on a real account of course.


What if one is consistent on profit for over a year but with large drawdowns?

fxdimarion
Aug 02 2015 at 22:30
46 inlägg
I guess every one version of profitable varies. For some large draw downs are acceptable but for me if you make consistent profit for and extended period of time with minimum draw down... your in the game.

Forex is about the journey not the destination...
Alex
Look009
Aug 03 2015 at 06:45
224 inlägg
He is like a famous mountain climber who finishes in a wheelchair

CaptainVita
Aug 03 2015 at 06:53
20 inlägg
A professional trader is someone who does it for living and dont need to do any other jobs to earn money for living. If you earn each month enough from trading so that you can pay all of your bills than youre a professional as well. Thats the simple difference between professional and non professional.

Im a amateur but i think its true that pros are not interested in making their 'secret recipe' public. Its like coca cola dont make its recipe public because its their business to make money with that.

Thats why i dont believe anyone whos selling robots, training videos, signals or what ever and spiting big words about their products because if it would really work they would not try to make money with that because they simply dont need to make money with that. They would keep it for them self and instead making money with trading their 'secret recipe'.

theHand
Aug 03 2015 at 07:20
365 inlägg
Regular withdrawels. If someone is truely a pro they will have to use the trading account to pay bills. Simple as that.

FxMasterGuru (FxMasterGuru)
Aug 03 2015 at 07:22
1607 inlägg
It is the one everybody talks about, but probably does not exist... AN URBAN LEGEND!

Like the Yeti... Or the Lochness Monster...

Bilagor:


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
theHand
Aug 03 2015 at 07:47
365 inlägg
Not true Guru.

I know quite a few people who only trades for a living, including one enterprising fellow who has been earning a living trading Oanda's API for the last decade. And when I say know, I mean as in I had beers with them. In Singapore and Thailand.

AAs I said, they draw living money from the trading accounts. That's how you tell if someone is a pro or not.

FxMasterGuru (FxMasterGuru)
Aug 03 2015 at 07:52
1607 inlägg
I heard that Urban Legend...

Beer in Thailand...? I can invite you for a Hennessy or a Jack Daniels in Manhattan and tell you stories... Does it make me a Pro trader...?

Bilagor:


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
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