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Author Topic: How to become a professional Trader (PRO) ?  (Read 924 times)
bounty.cvn (OP)
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May 14, 2019, 12:40:03 PM
 #1

How to become a professional Trader?

First we need to understand what Trader is?
In the financial market, Trader is an individual who makes purchases / sales of financial products such as forex pairs, securities, indices, gold, silver, cryptocurrency, etc. under nominal of myself or representing other organizations / individuals. When it comes to Trader, it is about short-term speculation and seeking profit through price difference, in contrast to the term Investor (investor) who is trading in a longer time frame .

1. Have a right mindset
When starting to become a Trader, traders will face many new factors of this profession. Trading in the financial market so far has never been an easy job. Some statistics show that the number of Traders failed in the financial market ranged from 85 - 95%, which is a relatively small success rate. Some of the right minds about being a Trader are:
Trading in the financial market is not a quick way to get rich. There is no method to ensure 100% victory when investing in financial markets.
In order to successfully trade, Trader must have a strict, specific trading plan, and especially must strictly follow the trading plan. Be patient because the success of a Trader will come for a long time

2. There is an effective trading system: Any Trader who trades on the financial market must have an effective trading system, proven over time. This trading system must help Trader identify some important elements of a trading plan, including
How to determine market trends to determine market status at the present time (uptrend, downtrend or moving sideways)
How to specify the market entry point
How to specify the stop loss of the order
How to specify the key-point of the order.
There is a trading system that helps Trader limit the impact of emotions on the transaction, ensuring the objectivity of the investment

3. There is a strict capital management rule
Investment in the financial market requires investment capital. Strict investment protection and management is a prerequisite for Trader's success. In its capital management rules, Trader needs to clearly identify some points

Order volume for each trading order on the market
Acceptance risk level of each transaction (consultants should only be 1-3%)
Risk level accepted for each trading day, every trading week, each month of transactions, ..

Above is the article: how to become a professional Trader ”hoping to bring you the most useful knowledge. Trader is a simple job. To become a professional trader and earn money from financial markets, especially electronic money, you need time and perseverance to learn more than knowledge and practice, even to consume money. Good luck.

ricardobs
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May 15, 2019, 06:52:46 AM
 #2

One thing I believe is that there is someone out there that have achieved what you want to achieve though maybe not to the extent you want to achieve it, so all you need do in order to become a professional trader is to contact professional traders who are way ahead of you to teach you all about the trading market, you can make them your mentor at that particular point in time so that you will learn the secrets of becoming a professional trader.
islafilipina
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May 15, 2019, 07:04:27 AM
 #3

I think the best way to be a pro trader is gain a lot of experience even do its bad or good experience still the best teacher Wink
bounty.cvn (OP)
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May 15, 2019, 07:59:53 AM
 #4

One thing I believe is that there is someone out there that have achieved what you want to achieve though maybe not to the extent you want to achieve it, so all you need do in order to become a professional trader is to contact professional traders who are way ahead of you to teach you all about the trading market, you can make them your mentor at that particular point in time so that you will learn the secrets of becoming a professional trader.


Oh! Thank you very much. However, it is not easy for them to support me because most of them are busy. Perhaps self-accumulating experience by referring to the documents will be good for me. But I still hope it will be easier for many people to teach to learn.
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May 15, 2019, 10:46:06 PM
 #5

I think the best way to be a pro trader is gain a lot of experience even do its bad or good experience still the best teacher Wink
Experience will be the best teacher. But you should remember the rules that you should follow before this. Because, immediately starting trading will cause unnecessary losses without any knowledge.
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May 15, 2019, 10:55:39 PM
 #6

I think the best way to be a pro trader is gain a lot of experience even do its bad or good experience still the best teacher Wink
Experience will be the best teacher. But you should remember the rules that you should follow before this. Because, immediately starting trading will cause unnecessary losses without any knowledge.

Trading bots. A pro trader would take advantage of trading bots as he/she can't spend day and night checking every exchanges.
You need to have a fixed formula for when to buy and when to sell and at what amount. It would remove the chances of sentimental trades.


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May 15, 2019, 10:58:06 PM
 #7

Being a trader is not easy as someone imagine but if you continue to learn plus experience you will gain knowledge like what OP mentioned above, Im not a Pro trader but because I want to learn trading I do some research, watching videos on youtube then I apply it in real trading now I can earn profit but not all my trading are wins.

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May 15, 2019, 11:57:05 PM
 #8

Why is there any need to become a trader when it's also possible to make a good profit of money if you follow easy steps? You can buy different promising coins and avoid the trading risks of high fees if you switch your position or if you make a wrong decision in trading.
The only thing that you need to know is which coins to buy. There is also risk but much lower than risks from trading.

You'll save much money and the whole risk connected to huge trading activity.

⁓ chenille! ⁓
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May 16, 2019, 12:12:50 AM
 #9

We have different styles on how to execute our plan though your ideas is very useful especially if you want to become a professional trader in which almost everyone wants it. Knowing that you can gain a good amount of profit if you can trade professionally.

But for me here is the basic trading technique that will help you grow someday. Knows what platform to use,be patient,be updated to any news about crpto currency and the most important thing to do is research first before trading.

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May 16, 2019, 12:45:47 AM
 #10

As far as I know there is a trading course website, and you need to pay before proceeding what they are going to give to you. Its just to expensive to avail it, but I think it will good a good benefits once you have it. It is about in trading Forex and crypto, because honestly speaking trading was not easy to understand, real talk only. It is a matter of hard work, dedication,  and passion before We become a called professional traders.
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May 16, 2019, 01:00:46 AM
 #11

There are a lot different forms of trading. Study them all. Find what suits you. Look for every resources. Diversify your work. Even though you might feel easy and have more profit in a particular sector, diversification is a compulsion if you don't want to fail.
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May 16, 2019, 04:24:35 PM
 #12

having as much experience as possible will make us proficient in deciding the right course of action in trade. do not give up easily if we have suffered losses in trading, keep trying to get satisfying results. As much as possible we should be able to improve our trading strategies so we can get a little profit
Adriano2010
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May 16, 2019, 04:28:18 PM
 #13

Need a lot of experience and i think also old traders can make mistake and if something happen and not have luck can have a loss on any coin invested. But indeed is need a money management when trade.
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May 16, 2019, 04:42:44 PM
 #14

If anybody want to be a professional trader he needs some criteria and lot of experience.
1. Lot of experience
2. Lot of money for investment
3. Big Hearted
4. Capable to maintain bad time easily.
5. Lot of Patient
6. Honest and Good Ambition.

I think this things are highly needed for professional trader. 
     

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May 16, 2019, 04:46:17 PM
 #15

Need a lot of experience and i think also old traders can make mistake and if something happen and not have luck can have a loss on any coin invested. But indeed is need a money management when trade.
The most important thing is money management yeah where a trader must have sufficient economic skills, market analysis and wide scope will bring traders to profit even in difficult market conditions. Understanding is very complicated I also sometimes experience loss and adversity, so financial management is the most important.

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May 16, 2019, 04:47:52 PM
 #16

In crypto the most successful traders are the ones who invested as early as possible. This is why there are lots of ICOs in the past because we end up trading those tokens after listing it on the market. Buying back after dumping might not even the right option after it but going to the basic pair such as BTC/USDT. Even then I'm still not a pro that OP aims to be, most pro so far usually just use the bots to do it for them.

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May 16, 2019, 05:08:37 PM
 #17

In crypto the most successful traders are the ones who invested as early as possible. This is why there are lots of ICOs in the past because we end up trading those tokens after listing it on the market. Buying back after dumping might not even the right option after it but going to the basic pair such as BTC/USDT. Even then I'm still not a pro that OP aims to be, most pro so far usually just use the bots to do it for them.
using bots just allows you to feel calm and not sit at your computer the whole day. bots can earn less money that by yourself but more calmly






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krisnajsadrak
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May 16, 2019, 06:04:33 PM
 #18

yes, mindset is the most important things for trader, because trader is not gambler
because only few people have the right mindset in their trading activity
also always remember an old trader quotes " Don't be greedy"  Wink

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May 16, 2019, 09:25:51 PM
 #19

There is no easy way to trade. You need to work hard and constantly gain experience. You need to research the market and constantly practice.
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May 16, 2019, 09:43:44 PM
 #20

In my opinion, in order to become a professional trader, you first need to learn to understand and analyze the market, since this is the most important aspect of any trader’s activity, all other skills come with trading experience, of course, there will be no good profit deals right away and this is important in this area.
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