Can I become a professional trader?

[Life_Saving]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.

After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -

• Technical analysis
• Fundamental analysis
• Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad news actually the market goes down a lot I am gaining knowledge from YouTube or different online platforms to become a professional Cryptocurrency trader


Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

[1714282024]

1714282024

[Oshosondy]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.

Do not take trading as a career. It will not be helpful. Have something else that is your primary source of income and begin trading with small amount of money that you can afford to lose. See trading as gambling, although it is not gambling but it is as risky as gambling.

After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -

• Technical analysis
• Fundamental analysis
• Candle Analysis

Yes it is very important to learn technical and fundamental analyses. But trading is more than that, you need to have strategies that can help you not to lose more than gain.

[hugeblack]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.

Everything you mentioned is true, but your definition is wrong and will cause loss, even if you are a professional. Crypto currency trading is not a career or a full-time job, and even if you are a professional, there is no guarantee that you will get a profit sufficient to pay your monthly living costs.

Trading is a way to increase your investment as If you have invested money and profits from the investment, you can use trading to enhance these profits. If you invest in Bitcoin with money that you do not need and you achieve $1,000 in profits from this investment, then you can use trading to enhance these profits or provide more liquidity for the investment, and then the profits from these profits are what you can spend. Or use it as an alternative to a full-time job (if it is more than your average monthly consumption)

[Hypnosis00]

We all have the chance to become a professional trader but you will be wondering why only a few reach that level.
Yes, by chance we all have equal, but people are impatient, people are always rushing to become successful traders in just a few days and so they fail.

If you want to become a professional trader, then must work on it and acquire all the knowledge needed. Don't expect it achieved so easily but expect more on hard work, and patience, and one must learn from their mistakes. It is simply to say "I have to do this and this" but you will find it hard in actual trade.

[Adbitco]

You can develop yourself on trading as a skill but not as a career to me I am not a professional trader because it requires lots of time to be able to understand how to become successful in trading, as beginner and someone who is venturing into trading newly you might get the wrong perspective about trading as I know that it's not a place where you can double your money so quickly and faster without you going through thorough training even though you finds it very lucrative you will have to spend a lot of time to be able to start making profit, the main target should be how to be more perfect while trading without incurring much lost.

[Bitstar_coin]

Of course you can become a professional trader if that's what you desire, in other for you to achieve this goal you should be prepared to undergo series of training, continuous learning to become a pro. Nothing is impossible in life, as long as you are determined to do what it takes to achieve it.
There are a lot of professionals in this field as well as forex trading. They all went through different training to get to the level they are. You have already highlights the tools that is required to become a pro trader, it is up to you to put in your 100%.

I think when you search on YouTube you can find free tutorial to follow, but if you need the comprehensive info then you will have to probably pay to gain access to the full courses.

[boyptc]

I have seen real people that are doing trading full time. What I just don't like with them is they think that others can also follow the path that they've taken.

While I'd say that it's possible for you OP to become a full time trader, whether you call yourself or them as professional traders. You already have the idea about what you must know.

But there can be some situations that all of those analysis won't do anything against the unpredictability of the market. If you think that you're an aspiring trader, see it for yourself as no one's going to stop you.

[Xxmodded]

Don't make trading as your professional career because can't guarantee with accurate predicting about coins have to buy. You can develop with your trading skill be better but not sure how some one understood well and have bigger ratio profitable with cryptocurrency trading. Although I found many professional trader in cryptocurrency but they have under 60% ratio profitable and many of them get side income by selling signal trading.

Better make trading as your side job but if can earn much profitable still not guarantee with how long your profitable consistency in trading.

[lombok]

The three things that OP mentioned are very helpful in supporting trading activities. And that is more than enough for the OP to start a career as a professional trader. Maybe what I am going to say has already been said or has been mentioned by several forum members here, there are several other supporting systems that can have a positive impact as a trader, namely regarding
●Psychological management, this is related to mentality and emotions when trading.
●Then regarding Money management, this is also very influential regarding the pattern, comfort and control of trading assets.
●Trading strategy, this includes the trading method we use, whether we are going all in on one asset, or we are spreading funds across several crypto assets as our portfolio, as well as how to purchase assets by going all in directly or with DCA.

Maybe this is not very important, but there will be many upgrades that occur after we have been running as traders for some time. I am sure that every day there will be some changes in traders because of some new additional knowledge to support their activities.

[huu78]

I am not forbidding you from studying candles or technical analysis, but in crypto bad/good news will have a big impact on the market, so it will have an immediate effect in the short term. so you will get used to it later.

[crwth]

I believe you need to do a lot of stuff in order to become a fully-fledged trader. The things that you need to have in order to be successful that I can think of are the following.

• Education - like what you said, you need to learn many things
• Knowledge - about the risk of trading, like really understanding it and managing the possible risks involved.
• Practice - you need to have actual trading experience and possibly develop a strategy
• Capital - you need money lol

Those are just the things I could think of now. You need to really just go with it and push yourself to see if you can be successful.

I am not forbidding you from studying candles or technical analysis, but in crypto bad/good news will have a big impact on the market, so it will have an immediate effect in the short term. so you will get used to it later.

Who are you to forbid OP? Lol. Can you clarify 

[famososMuertos]

I don't have the slightest idea to what country you are from, but you are certainly not from the United States, where to operate professionally you need a license, in theory, since you can still operate, and that tells you that to get experience in the world of commerce You have everything within reach, since currently in most countries it is an "empirical" preparation.

You have a plan,  what you wrote in the OP, but the interesting thing about crypto trading is that if you start today you can start to gain experience with little investment, that in itself has been one of the great virtues in the world-crypto, there are no ties when investing.

You will be professional when you accept that what you earn is your main salary, I know people who are very successful in crypto trading and earn more than their main job but for legal reasons they put it as a secondary income, since there is a reduction of taxes and depending on the country they may even be exempt.

So, keep an eye on the legal side of your country as well, since a professional in the crypto world who trades must focus on several areas of knowledge.

[Assface16678]

Don't make trading as your professional career because can't guarantee with accurate predicting about coins have to buy. You can develop with your trading skill be better but not sure how some one understood well and have bigger ratio profitable with cryptocurrency trading. Although I found many professional trader in cryptocurrency but they have under 60% ratio profitable and many of them get side income by selling signal trading.

Better make trading as your side job but if can earn much profitable still not guarantee with how long your profitable consistency in trading.

Exactly! You do have a point; it's still best to have a stable job that could generate a stable income because trading has a risk of losing money, so it's important for a trader to have money to avoid financial problems. But still, if it's OP's desire to go full-time in trading, he better be ready for the hardships to face on this path. But from the looks of it, OP is still new to trading, and it can be bad if he goes full-time into trading without solid knowledge, skill, and experience in trading. So we suggest that before you come up with a decision to go full-time in trading, have some other ways to earn aside from crypto currency. This road will not be easy, so it's better to have a stable income first.

It's better to have many and different ways to earn money; it's much more satisfying as you could get the things you want, so don't just stay in one way to earn; try to explore.

[Kelward]

Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

You've heard it from most of the pros in cryptocurrency that you shouldn't aim for crypto trading as a professional carrea, I personally think that you can still achieve your aim but at a high cost of incurring loses in the profession. I guess that is why they're trying to advise you safely so that you shouldn't over depend on it as a permanent source of income because of the element of gamble in it, because despite your understanding of fundamental and technical analysis, you can still experience loses. So that is why they think that it's better to have another source of income aside from trading, because of loses that can occur. However the choice is yours to choose trading as a carrea or not, but you must understand that profit don't happen everytime. My advice is trade patiently with the amount that you can afford to loose, also diversify in holding reputable crypto coin like Bitcoin as an investment.

[michellee]

Everyone can become a professional trader but unfortunately, not many are willing to learn more about trading. You have written those three things that can make you a professional trader. But you have to remember that when learning to trade, there is no stopping learning because crypto trading will always continue.

This requires seriousness in learning to trade. And that's why not many people can learn it. I don't know if there is professional trader training because, as far as I know, people are more interested in looking for trading signals than learning to trade.

But you should still seek information from as many sources as possible and don't pay for training as much as possible because that doesn't guarantee that you can become a professional trader. It's better if you use the money to practice what you have learned. By continuing to learn about trading, you can become a professional trader. And don't give up if you haven't succeeded.

[Dzwaafu11]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.

After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -

Taking crypto trading as a career will be a very big mistake. Do not take trading as a career; you will lose more than you will gain. You need to get other things that you do out there that generate money, then use some of the money you get outside there to trade a small amount you can afford to lose. Did you know that trading has a high risk of losing your money? So imagine taking it as a career, which means you have to depend on it for everything you want. You must trade and get money before buying such things, which will be impossible given the fact that you won’t be gaining money every day.

Again, trading is not something you will learn in a week or month; trading takes much time before you can be professional in the field, and even with that, you will still lose money. That is how it works. The fact that any level of understanding you get for trading will still cause you to lose is natural, so I think you should find another thing to be doing while you are trading and make sure you take your time to learn everything before you begin to trade. Don't just jump into it; you won’t get anything.

• Technical analysis
• Fundamental analysis
• Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad ne
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

Who tells you that if you master those things you mention, you will be a professional trader and start making money out of it? Your thinking is wrong. See, man, you need your own strategies that you will be pursuing while you trade. Every trader has their own that they use whenever they trade. It looks funny that you are looking for a way to follow the news in crypto. Not all news is good, and most of those news stories are fake. They won’t help. Here is a place where you will use the knowledge you have gathered to make money. Don’t listen to anyone; some people will give fake information that will result in losses. So calm down and learn what you need so that you can successfully do what you are about to do.

[Zigabel]

• Technical analysis
• Fundamental analysis
• Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad news actually the market goes down a lot I am gaining knowledge from YouTube or different online platforms to become a professional Cryptocurrency trader


Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

All listed above a very much important for you to know if you must be a good trader, in a bid to getting good knowledge for trading you need the above very much and if you have a good knowledge of them all then you are ready to trade trade a great extent but then you more than just technical analysis, fundamental analysis and. Candle stick analysis to trade profitably, you need emotional intelligence aswell as it's the greatest of need in trading, if you are disciplined enough not to allow your emotions have a greater part of you while trading then you can trade much better and profitably.

You shouldn't depend on news all the time to trade and the concept of good and bad news is relative and as trader you taking advantage of the news makes it bad or good for you.

[shawonngp]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.

After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -

• Technical analysis
• Fundamental analysis
• Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad news actually the market goes down a lot I am gaining knowledge from YouTube or different online platforms to become a professional Cryptocurrency trader


Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

Of course you can become a professional trader but take time, you have to learn a lot of things which already you mentioned here. But I don't understand why you want to take it as a carrier, it is not like that job and getting money regularly. Rather here you are more likely to loose than to make a good income.

[Best-mary]

I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.

After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -

• Technical analysis
• Fundamental analysis
• Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad news actually the market goes down a lot I am gaining knowledge from YouTube or different online platforms to become a professional Cryptocurrency trader


Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?

I wonder why people are saying you shouldn't use this trading as a career. Honestly, I do believe that there's not anything useful in this world. If your mind is in it do it. Besides, those elite traders on Bitget have a lot of benefits. If you can study hard and still follow the part you believe in, I tell you. You did are people who would call you to trade for them

[Natsuu]

Well besides  the analysis stuff, keep an eye on market news because it can shake things up. Learn how to manage risks and don't let emotions take the wheel. Connect with experienced traders and trading communities for real-world tip like this forum. It's a wild ride, so keep learning