Can I become a professional trader?

[rojan]

usually trading for most people is just for a sideline because usually in the real world have a prestigious offline job also for a social status. because trading also does not take much time. if professionals usually open training open services, open signals and open copy trades. it is to increase income. if only trading must have another job besides trading.
and the 3 points you mentioned above are really important for trading.

Although it is very easy to make money from trading, you need to have a good understanding of trading. If you have a job or business, trading can be good for you.  You can only make money from trading. You can't make profit all the time. Some time you will lose and some time you can make profit. When you lose, you need to analyze well then start trading.

[1714555367]

1714555367

[humanvelocity]

Being a professional trader is not too easy. It requires alot of study and making sure to get the foundation right. Dare i say you even need some luck on your side to find those early signals of a breakthrough?. If someone decides to dedicate their day to day life at reading charts than the world is yours.

[Questat]

As long as we can, it is likely possible. But I would say that becoming a professional trader is not too easy. Many people had tried this kind of job but guess what, many of them had quit. We can ask why but it is because not all are meant for this job and of course, this won't work for impatient, emotional, and greedy people.

So if you think you can control yourselves and embrace the pressure it gives, it is not impossible to reach.
And most of all, we don't have to stop learning and become confident enough as we already acquired knowledge and skills instead, continue to learn more things from our experience.

[Miles2006]

What's your target from now till the year ends or you don't have any, I can't mention the perfect strategy you should use cause I'm not perfect to teach others and it take time to be perfect. The word professional trader you mentioned don't just come easy and it takes time so I will advice you to be Patience with your learning and it  has to do with dedication and sacrifice to be perfect, when I mean sacrifice I'm talking about your money and emotions, you should learn to control your emotions when trading so you don't have to back off all the time, I will advice you sign up for online classes to know more  about the trading term.

[Nrcewker]

I am not a professional trader, but I am a profitable and smart trader. If you don’t know trading, you have the option to copy trade professionals and make good money. If you want to become professional, then learning is the best thing. Learn trading and use demo account to get acquainted with the market and the coins. Once you feel confident and make good amount of money through demo balance, invest real money and see how it goes. You can only become better through experience.

[AYOBA]

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.

As a newbie, I don't think making cryptocurrency trading your full-time profession will help you, but you can make it work most of the time, so it's a temporary solution rather than a permanent one. Additionally, it will be more beneficial and beneficial if you take your time and conduct extensive research before beginning to understand as much as possible about trading, including how the market is watched over, and also among other things.

• Technical analysis
• Fundamental analysis
• Candle Analysis

You've previously covered the steps you need to take before starting a trading trip, so if you truly understand the three points you raised, I believe you'll be able to manage your trade without becoming lost. Since fundamental analysis, in my opinion, is the most important factor in determining one's success in trading, it will be futile for someone without prior trading experience or a solid understanding of the industry. That's why some of the members here have constantly advised us to learn as much as we can about bitcoin trading so that we can find it difficult.

[Zoomic]

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 ?

Yea you can actually be a professional trader after all,  every professional trader started from somewhere. It is good you have started your research already to really know what trading is all about but that's not enough. The next step is to make sure you follow up all your researches, learn and try to understand them. You can constantly practice with demo accounts until you are sure you can trade with a real account.  As a beginner who isn't too strong in the trading industry,  you can still follow the trading patterns of expert traders (copy trading).

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.

Trading involves a lot of patience and discipline. Just like the risk involved in trading is high, that's how its return is high too. Profits will not come all the time, this you must know.  If you are going to take up trading as a full time career,  how do you intend to pay your daily bills? You can have other sources of income so you don't depend on your trading profit and make wrong decisions.

[Stepstowealth]

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.

They say a beginner will see many possibilities with something new, but only a professional or someone experienced in that field will understand the limitations. There are many people who want to learn trading simply because they believe that learning to trade will suddenly make them rich. To really profit as a trader, you require a lot of money because the traders that profit from the market the most are traders who have more invested as equity, and have a good strategy to trade and manage their risk.

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

The process to mastery of trading is what many traders are on and it takes a lot of time plus focus on learning.

[stadus]

Everyone is entitled to become a professional trader, but that will also depend on how much effort you have put in your trading journey. While training can motivate yourself to be a good and professional trader someday, but I say learning trading even with small funds in the crypto market is a good starting experience, trading on an amount that you find comfortable to lose.

It's not actually hard to learn trading when you are willing to experience a lot in the trading market. Of course, losses are there, as you wouldn't be good enough if you never experience frequent losses and mistakes at first.

[TelolettOm]

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.

Since you are still a newbie in crypto, I think it is too early thinking a career on trading or want to be a professional trader. Why don't you focus on learning everything about crypto trading? Because you don't have experience in trading, you don't know whether trading will fit with you or not. You can think further about career in trading when you already try it and you are comfortable with trading.

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

These are all about the knowledge of trading. Sure, you must have good knowledge in analyzing crypto. We must know both fundamental and technical analysis (I think candle is a part of technical analysis). But we don't forget that there is one thing we must have as well. It is about the mentality to be a good trader. We won't be a professional trader if we have weak mentality. So, we must improve our mentality as well, it is an important thing, too.

[Distinctin]

Learning all the fundamentals and technicalities in trading does not make you an instant professional trader. Of course, it takes time before you can develop professional trading. It could be years or a decade, it varies based on how long the experience needed for you to be able to become a successful and professional trader. But one thing is certain, everything is done with hardwork and patience, before you can see yourself totally good and experienced in trading.

[Bushdark]

Being a professional trader is not too easy. It requires alot of study and making sure to get the foundation right. Dare i say you even need some luck on your side to find those early signals of a breakthrough?. If someone decides to dedicate their day to day life at reading charts than the world is yours.

It is going to take us a very long time before we even become something professional. There are lots of experience, pains and mistakes we would have made in the market for us to be seen as a professional traders. The journey of being professional is never easy and we need to be ready to follow the appropriate steps that would channel us to become a profitable trader in the crypto market.
There are any things available for us to learn so that we can amkw money from the market

[synchronym]

op You can't choose Bitcoin as your career first. Because if you are totally dependent on Bitcoin then it will be seen that you will have to spend your daily necessary expenses from where you invest your Bitcoin. So if you have to do something else besides Bitcoin then you won't be as successful with Bitcoin. Bitcoin is risky as we who invest in Bitcoin are risky. If you invest bitcoins alongside other jobs then the profits you get from bitcoins you can invest back into bitcoins so you don't need to be completely dependent on bitcoins. When you see that you are getting more profit from bitcoin investment to support your family then you will stay with bitcoin instead of doing anything else.

[Viscore]

Those well-experienced traders these days might also have the same thinking with you when they were still newbies. That learning the basics in trading could make them highly successful in the future. But in reality, it’s not. There’s more to trading than simply learning its basics. But if you will embrace the risks scenario in trading, most likely you will be trading for long, but it won’t be a guarantee that you’ll end up being profitable one.

We all know that majority of the traders in the crypto space are not actually profitable, a lot of them are still combatting their losses. But the fact that they don’t get discouraged with it and chose to educate theirselves more, then it’s more likely that will be good and successful traders in the long run.

[AnonBitCoiner]

Being a professional trader is not too easy. It requires alot of study and making sure to get the foundation right. Dare i say you even need some luck on your side to find those early signals of a breakthrough?. If someone decides to dedicate their day to day life at reading charts than the world is yours.

Every success requires time so if someone wants to be successful and professional traders then he should give time to read the charts and other information about the market because more you learn more you will be profitable and less will be the chances of lossing money. Everyone wants to be an expert trader but at start nobody is expert and you can find out about professional traders that they also have loss large amount of money but now as they learn from past they recovered their lost sum again.

An expert trader never concentrate on a single project but investigate about every new coin because sometimes new opportunities brings more profit. One should learn well and search about price chart and technical analysis so by using such things he can better understand about the market. Regular success and less loss will one day make you a professional traders but for it sacrificing your precious timing is needed.

[Essential10]

OP, You may find success in trading, but I think it is not a guaranteed career for you and should not be relied upon as a primary source of income. Before trading as a career you need to prepare mentally, start slowly. Trading requires discipline, patience and risk management, never take it lightly. There is no end to learning trading, just because you skills trading doesn't mean you can always make money from it. To become a professional trader you must have the right mindset, dedication and hard work. But take enough time to learn and practice before making it a full-time career.I hope you will be successful.

[kotajikikox]

It has been told by everyone mate that this is not a career , there must be other source of Income for you to survive (not unless you are lucky to find GEM and become an instant millionaire but that happens only Once in a Blue moon or in a million)

and also try to find a mentor either a paid one or free because this is a not so easy task to understand , there are lot of technicalities to learn before becoming successful.

[Awaklara]

It has been told by everyone mate that this is not a career , there must be other source of Income for you to survive (not unless you are lucky to find GEM and become an instant millionaire but that happens only Once in a Blue moon or in a million)

and also try to find a mentor either a paid one or free because this is a not so easy task to understand , there are lot of technicalities to learn before becoming successful.

OP probably aims to trade every day and wants to make a profit on every trade he makes.
unfortunately, he is a beginner in trading, so it would be hard to believe that he is ready to trade with the capital he has.
even though he has a lot of knowledge in trading, it will not be enough to prevent him from losing on every trade. at least he had the desire to learn, in case he ran into problems in the future. I'm sure he will understand how to trade he should do. not an easy thing to do, but perhaps easy enough to say.

[justdimin]

As long as we can, it is likely possible. But I would say that becoming a professional trader is not too easy. Many people had tried this kind of job but guess what, many of them had quit. We can ask why but it is because not all are meant for this job and of course, this won't work for impatient, emotional, and greedy people.

So if you think you can control yourselves and embrace the pressure it gives, it is not impossible to reach.
And most of all, we don't have to stop learning and become confident enough as we already acquired knowledge and skills instead, continue to learn more things from our experience.

I would say it is not even necessary to be fair. I mean if we are trading whenever we find the time, that should be more than enough, trying to be a full-time trader doesn't really make sense to me, it is not what we should be looking for at all. I am not saying it is a bad idea, I am not saying it is something we should avoid, all I am saying is that it is useless and excess, there is no real need for it.

If you want to, just keep working your job and keep trading when you get the time, some jobs you can even trade during the job, obviously not manual labour, but if you are an office worker, while you are not doing anything, you can check the situation and trade a bit. That is why I would say that full time trader is not really a good idea.

[|MINER|]

All the points you mentioned are correct.  But trading should not be taken as a permanent profession or a full time job.  It can be done alongside your main job.  And if you are a beginner, you have a lot more to learn.  There is a lot to know.  Trading is not that easy, it is very difficult to master. If you take it as a full time job in the beginning, you are likely to face a lot of harassment.