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Author Topic: How to become a professional Trader (PRO) ?  (Read 924 times)
bisdak40
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May 16, 2019, 11:05:38 PM
 #21

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.
Easier said than done. To become a good professional trader is a complicated thing. I have observed the crypto market for the last 10 months and i can say that no amount of technical analysis can make rich, it is always the hype and the whales that dictate the market.

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May 17, 2019, 04:02:23 AM
 #22

Day trading is an art form. There is no magic formula. If there was, everyone would be rich.

Start at trading view dot com, load a chart, and look at all the tools. For every single tool you see such as Elliot Waves, Fibonacci Levels, Head and Shoulders, you should google or youtube all of them. Also, for every indicator you see on the chart, you need to youtube those as well. There are 1000's. You also need to learn to read bar charts. You should also learn what fundamental analysis is.

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May 17, 2019, 04:39:56 AM
 #23

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
Definitely in any career experience is the key for being the best of the best in your path.Experience teaches you things that you should and shouldnt.Trading is no difference you cant be a good trader by just praying you need alot of hardwork and experience

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May 17, 2019, 05:51:37 AM
 #24

I think to be a professional trader you don't need any seminars or lot of objective study. It is all about learning and experiencing about trading. It is like a scientist or inventor,they need to experienced failure because we learn from our mistake. It is all about an trial and error,just have a continues learning and patience.

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April 24, 2020, 05:58:17 AM
 #25

Of course. No courses will help. Only practice. This practice can last several years. Only then will you become a good trader. And take a course, or download a robot. It's all nonsense. They still believe in this, it upsets me.
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April 24, 2020, 08:01:37 AM
 #26

A good piece of advice, however for me, i think to be able to become a professional trader you need to undergo circumstances where you would face some problems in trading so that you can have a good experienced, also if you had fail in your first attemp, it can be your motivation not to fail again, perhaps you would learn from what you have done.

I agree that experience will teach many things and will make our techniques develop faster. Even though we experience loss but if we understand why we are losing, and evaluate our mistakes, we will be able to understand price movements in the market
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April 24, 2020, 11:05:43 AM
 #27

At initial you necessitate to patience, as i reason patience is the vital of booming trader than carry on to be trained plus point undergo you will addition knowledge. Im not a Pro trader but for the reason that I require to become skilled at trading I puzzle out around research, study videos on youtube afterward I attach to it in sincere trading immediately I bottle earn profit and that's why 80% trade i win 
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April 24, 2020, 12:06:08 PM
 #28

A well written guide. I think the having the right mindset is very vital to the success of a trader because without it, you will lose your focus, panic and end up losing money.

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April 24, 2020, 03:13:21 PM
 #29

A well written guide. I think the having the right mindset is very vital to the success of a trader because without it, you will lose your focus, panic and end up losing money.
You forget one important thing. The emotional of traders is something that will determine how successful the trader in the future. Mindset can be affected by the emotions of the trader. A trader must try to learn about how they can control their emotions and they can build a good mindset. So many people have been losing a lot caused by they can't control their emotional to the market.

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May 11, 2020, 08:51:03 PM
 #30

This is one thing I have been loving to learn TRADING. some person even demanded for funds to teach me. Thank you buddy fir such insightful guidelines. It's easier now than before and I do hope I improve more in my trading with this your directives.

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May 11, 2020, 09:06:54 PM
 #31

Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market.  Wink

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May 11, 2020, 09:10:31 PM
 #32

Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market.  Wink
The demo account is used temporarily in order to understand how to trade properly while the OP is asking to become a PRO, in my opinion to become a PRO is not easy because it must have a lot of experience that can be used to know what will happen if you take an action in trading, so the point is when you have a lot of experience it will automatically become a professional trader.

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May 11, 2020, 09:22:05 PM
 #33

Well, to become a professional trader you must first learn at least the basics of trading cryptocurrencies. Without such knowledge, you risk losing your capital fastly. In fact, that's the real difference between trading and gambling.
Also, you have to build your experience in trading with time, you will learn a lot from your trades.
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May 11, 2020, 10:02:40 PM
 #34

Like I keep saying, you only become the best by learning and continuous learning. You need to keep asking questions, go to some good resource directories like YouTube, learn from those who have been in your position in the past. Get a notepad of modules and keep learning. Watch lots of videos on different strategies and find out what works and what doesn't. Also, when you have had a hang of it, use the demo trading feature on exchanges like koinpro to perfect your knowledge. Do this repeatedly and you will get to the top.
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May 11, 2020, 10:18:12 PM
 #35

Becoming a pro in trading crypto currency is beyond having a right mindset or management skills.

Trading demands you to read, study, master the arts of chart reading, source out for information, relate it to the curves of the trade...

Then practice, fail, practice, fail again until you are able to understand a strategy suited to your personality
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May 12, 2020, 01:48:55 AM
 #36

Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market.  Wink
That means beside the technical analysis and OP must try to learn how to determine the trend based on the fundamental analysis and we can the news as your data to speculate what will be the sentiment that happening in the market.

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May 12, 2020, 02:04:52 AM
 #37

Anyone can be a pro trader through learning and experience. Understand the flow of the market with the right mindset and not only focus on how to earn quick because it has a process. Being greedy is the problem of traders thats why they are losing their money, to avoid this we need a plan and strategy.

Its better to take it slowly and gain experience because thats one of the step to be a pro trader.

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May 12, 2020, 02:30:19 AM
 #38

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.


if we want to be professional trader, we should learn everything. We need to be good in every skill because money can not control everything. we must understand what happen in the market. we must learn the flow of the market and make the right decision based on it. we should be patient and not greedy. Be smart trader in every situation is the right choice!

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May 12, 2020, 03:37:52 AM
 #39

This thread suits better in the Trading Discussion, OP. You should move it there, plus if there's reference you get that info, you should put a link into it.
Newbies would appreciate reading those tips at the board I mentioned rather than here.  Smiley
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May 12, 2020, 04:44:09 AM
 #40

I thought, to become a professional trader, you need to have good knowledge, have a business mind, you must understand market trends, and of course, you also need a lot of experience. And in fact, greed is a common problem for traders. To overcome this we need experience as well as careful planning before investing.

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