Can I become a professional trader?

[stomachgrowls]

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.

If you are completely that a noob on trading world then you should really that make yourself having that kind of realistic approach towards trading on which you shouldnt really be that making yourself that too optimistic towards it because if you do then you would really be that making yourself that too desperate on the things that you've been involved with specially with trading. Who doesnt really want to become a pro trader?
We do know about the opportunities and benefits that it could possibly give on which we could really be able to make it as a full time job on which we could really be able to earn more and would be able to
make it possibly as our source of income.

It is really just that it would really be that depending on what are your targets and what are your goals because not all would really be that
having that kind of dedication when it comes to this kind of target or goals you do have in mind.

[God bless u]

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 saw people make their careers in the forex and stock markets, but in crypto it can be really dangerous for someone whose primary income source is only the crypto market. This market is highly unpredictable, and with all the knowledge you are talking about, it won't be able to help in a major crash. You can anticipate trend changes in crypto market but there is not way you will be able to predict about all the major crash crypto market had often because all these cash is based on news events which can not be anticipated through any kind of analysis and these one crash can destroy your whole career.

What you have written is also very true, but at the same time, it needs a great teacher who can make it professional, and also what if the social media they can learn a lot about trading in the media that has become a YouTube channel, and at the same time, there is also a Telegram channel. Even more than this, a person can learn. There will be many opportunities to learn it. It will be learned little by little, but it will take some time. Everyone can learn by but need a good teacher for trading

[abel1337]

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 ?

Just like others, I also don't advise to make crypto trading as your career. It is nice to have that trading skill but maintaining it to be profitable everyday is so hard that there are only few people who live on doing day to day trades. Having a good trading skill also takes years before you achieve it.

Based on the post you created, you have an idea on how to start being a trader. It's nice that you did research, try executing it as it is the hard part. If you are serious about doing it as a career, try watching youtubers that is doing day to day trades.

[Mauser]

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

When reading through your thread I get the feeling that you have no experience yet as a trader. That's not a problem, but I want to manage your expectations a bit. Everybody had to start somewhere and learn how to invest and trade crypto currencies. The question is do you really want to go directly to becoming a full time trader? Why not first learn and get the experience while trading part time next to your job? This has a lot of advantages, you have a stable source of income to fund your crypto portfolio and let's you trade more and it takes pressure of you to achieve high returns every month. Trading can be very hard and if it's your only source of income you need to know what you are doing. As for your technical analysis part, they definitely work and will be profitable. The only problem is that they work on past trading data. So whenever there is a jump or a reversion in prices, it's going to take time for the technical analysis to show the change in trends. It's not a tool that gives you instantly the best trading recommendation.

[Dimitri94]

• Technical analysis
• Fundamental analysis
• Candle Analysis

In order to become a professional trader, it is necessary to have adequate knowledge on various subjects. Becoming a professional trader cannot depend only on doing three basic analyses. There are many other things involved with it. For example, a trader needs to keep track of recent market movements along with money management, risk management. A trader needs to make a regular trading plan and keep his knowledge up to date. He should also be involved in the crypto trading community. Any news should follow him quickly. Because trading should not depend only on basic analysis. It is also important to keep a regular trading record and adapt yourself quickly to market changes. I think professional traders definitely try to take these things very seriously.

[snowpega]

OP, in the world of cryptocurrency the more knowledge you have will be counted as less because it needs strong research, Good TA(Technical analysis) and Good FA(Fundamental analysis), and many more things you aforementioned. My advice to you is that never take trading for your career because it has a high risk of losing of funds. Find another job and take crypto as a side hustle but also keep learning about the crypto industry.

If you are new to the crypto industry start by holding and when you realize now you can make trades then start from the little amount you are willing to lose and easily can bear it. If luck goes in your favour you can earn as well from your trades.

[Taskford]

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

When reading through your thread I get the feeling that you have no experience yet as a trader. That's not a problem, but I want to manage your expectations a bit. Everybody had to start somewhere and learn how to invest and trade crypto currencies. The question is do you really want to go directly to becoming a full time trader? Why not first learn and get the experience while trading part time next to your job? This has a lot of advantages, you have a stable source of income to fund your crypto portfolio and let's you trade more and it takes pressure of you to achieve high returns every month. Trading can be very hard and if it's your only source of income you need to know what you are doing. As for your technical analysis part, they definitely work and will be profitable. The only problem is that they work on past trading data. So whenever there is a jump or a reversion in prices, it's going to take time for the technical analysis to show the change in trends. It's not a tool that gives you instantly the best trading recommendation.

For sure he's a total newbie since he would not ask this question if he already got some knowledge about trading. If he know or face already those risk in different scenario for sure he can figure out that trading for them or not. If he really want to became a professional trader he must consider this thing since staying up and be active all the time on your trades is somehow needed since we need to watch and see each result shown since this could help us get more profit also additional knowledge on this industry.

Technical analysis part is tool or methods that people need to have since from that for sure they can figure out something difficult to understand  by the help of  some tools that are helpful to have so if OP really want to became a professional trader he should start consider to be more active in trading scene and for sure there's a lot of knowledge to get from this doings.

[Juicy_D]

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.

[GreenStox]

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)

but although not everyone makes a living from trading some trade in large amounts so that the profit in one trade can pay the monthly costs even for up to 1 year, so they don't trade completely but wait for the right time, and when they don't trade, they do something else. other.

[Lanatsa]

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

When reading through your thread I get the feeling that you have no experience yet as a trader. That's not a problem, but I want to manage your expectations a bit. Everybody had to start somewhere and learn how to invest and trade crypto currencies. The question is do you really want to go directly to becoming a full time trader? Why not first learn and get the experience while trading part time next to your job? This has a lot of advantages, you have a stable source of income to fund your crypto portfolio and let's you trade more and it takes pressure of you to achieve high returns every month. Trading can be very hard and if it's your only source of income you need to know what you are doing. As for your technical analysis part, they definitely work and will be profitable. The only problem is that they work on past trading data. So whenever there is a jump or a reversion in prices, it's going to take time for the technical analysis to show the change in trends. It's not a tool that gives you instantly the best trading recommendation.

For sure he's a total newbie since he would not ask this question if he already got some knowledge about trading. If he know or face already those risk in different scenario for sure he can figure out that trading for them or not. If he really want to became a professional trader he must consider this thing since staying up and be active all the time on your trades is somehow needed since we need to watch and see each result shown since this could help us get more profit also additional knowledge on this industry.

Technical analysis part is tool or methods that people need to have since from that for sure they can figure out something difficult to understand  by the help of  some tools that are helpful to have so if OP really want to became a professional trader he should start consider to be more active in trading scene and for sure there's a lot of knowledge to get from this doings.

This is why its called a forum since everyone could really be able to post up and make those kind of questions in regarding into a particular thing.Wont really be that much of an issue if you are really that someone whose really having that kind of knowledge on which you could really just simply basically be that asking if ever there would really be certain informations that arent clear to you.
This is they beauty when you do deal up with this place on which there would really be people who are really that willing to help you out on the time you would be asking some queries.

Being a professional trader would really be passing up tons of trials and errors before you could really be able to make yourself to be a good one.
This isnt something a skill that you could really be able to acquire in a short span of time on which it is really just that right that you should really be taking it slowly manner on where
you wont really be putting up yourself on such haste because mistakes do really usually happen on this particular condition.

[Abhishek0.2]

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

Of course technical analysis, fundamental analysis, news about positive/negative factors what's happening into the internet. BULL/BEAR trends. DYOR before buying. Don't be greedy by making profit for a while, do a multiple work so can invest and build much better portfolio and do not depend on trading only it is good for earning for a certain boundaries but don't make trading as a career.

Do you know of any platform or site from where I can take professional trader training?

No one is perfect and absolute always earns. You can learn from youtube, google bla.bla.bla  meanwhile self-learning from TA, FA  visiting news sites may helps in your building strategies. Keep grinding it.

[Russlenat]

It takes a lot of considerations before you can reach the position of a professional trader. While successful trading requires good fundamental and technical analysis, as well as candle analysis, but if you are actually an active trader, you will know that trading is not all about analysis. Patience and consistency of showing positive attitude will also matter a lot.

It’s not that once you trade and you lose after, you will eventually quit from trading due to high risk of losing. Trading requires high motivation to relearn and reset your goals, if you are not flexible enough, you will never last in trading.

[MFahad]

If you are new to the crypto industry start by holding and when you realize now you can make trades then start from the little amount you are willing to lose and easily can bear it. If luck goes in your favour you can earn as well from your trades.

One shouldn't depend on their luck when it comes to trading because trading is not like gambling where you make a bet and wait for the outcome while praying that you win the bet. Trading requires knowledge and experience, knowledge is supposed to be gained and collected, and experience will come by the time you learn everything while watching others trade, making small trades yourself, or even using demo accounts to practice what you have learned so far.

So, a person who enters a financial market as a beginner must focus on gaining as much knowledge as possible at the initial stage instead of thinking of earning money as soon as they enter the market because this rush can cause financial loss since you don't know what you are doing which means you wouldn't be able to do it properly.

[Fara Chan]

but although not everyone makes a living from trading some trade in large amounts so that the profit in one trade can pay the monthly costs even for up to 1 year, so they don't trade completely but wait for the right time, and when they don't trade, they do something else. other.

Every person is always different in how they trade because this cannot only be done in the crypto market. But it can also be done in other markets, including traditional markets or nearby as long as there is a place to do this, so currently there are still people who only trade at certain times. This is normal and not a problem because trading without being forced is a much better thing than continuing to force yourself to trade even with the aim of achieving better profits.

[tread93]

This is surely a very serious undertaking. The market is so volatile with big ups and downs, trading crypto professional would definitely not be something easy and I think you're on the right track seeking other advise. As long as you believe in yourself I think one can achieve whatever they put their mind to, try to see if you can master the spotting of trends I think the right forecasting of that would assist you in your trades.

[redsun114]

Trading is not something you should totally or wholly depend on as a career or job but should be something you do as an alternative source of income because of the amount of risk that is attached to it , and too there is no guaranteed daily profit making ,except for the fact you have traded for number of years and have evaluated the results, and you are so profitable that the money you make from trading is way far more than what your job pays you and enough to cover your bills and thus making investments with the profits, then you can consider paying a reasonable attention to trading or making it a career as you wish .

Why not? As long as you are a master of it. I think there are pro traders who already made trading like a full-time profession. Trading can still be done in automation, so we still can add something to it, in order to maximize our income potential. Indeed trading is risky, so if we don't want to experience the full risk, we can channel it instead on other activities.

In trading, there is you called daily trading. It won't be termed like that for no reason. So, it's actually possible to earn income daily here. Sometimes it's not only big though, but it's better than getting a losing trade. In crypto, trading and investing is so popular. So, using the profits of our trades to investing is a good idea.

[NicNacCoin]

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 ?

If you try then surely you can become a professional successful trader. There is no such thing as a human effort, if a person tries, any impossible task can be made possible. A professional trader he cannot become a professional overnight he has to start from zero to become a professional. To be a professional trader you must analyze the market more and more, analyze every candle and you must never lose patience with the trading platform. Don't be too greedy on trading platform and never trade emotionally on trading platform. If you can apply all these strategies then you too can fix your career in trading. But keep in mind that trading platform is not easy that you can earn money from it very easily. To earn money from trading platform you need to have a lot of skills.

[tvplus006]

Why not? As long as you are a master of it. I think there are pro traders who already made trading like a full-time profession. Trading can still be done in automation, so we still can add something to it, in order to maximize our income potential. Indeed trading is risky, so if we don't want to experience the full risk, we can channel it instead on other activities...

In any case, until a trader can regularly make a profit from trading, it is too early for him to leave his job in the office. Accordingly, the salary received for such work will be a guaranteed source of income, unlike the profit received from trading.

[Patrol69]

Of course you can become a professional trader but you cannot become a professional trader in the beginning. Trading will be difficult for you in the beginning but if you can overcome this difficult period well then surely you can take your trading skills to another level. At the beginning of trading you may have difficulty in understanding the market or it may be difficult to determine the target, but if you can move forward slowly without considering this difficulty as a difficulty, then you will definitely know more in the later periods than the previous period. There should be enough curiosity to know, the more curiosity you have the more you will learn and the more you know about trading the more skilled you will be in trading.

[South Park]

Of course you can become a professional trader but you cannot become a professional trader in the beginning. Trading will be difficult for you in the beginning but if you can overcome this difficult period well then surely you can take your trading skills to another level. At the beginning of trading you may have difficulty in understanding the market or it may be difficult to determine the target, but if you can move forward slowly without considering this difficulty as a difficulty, then you will definitely know more in the later periods than the previous period. There should be enough curiosity to know, the more curiosity you have the more you will learn and the more you know about trading the more skilled you will be in trading.

The curiosity aspect is often underrated, it is true that traders are almost exclusively interested in learning how to do this activity due to the profits they can get, however if you have a genuine desire to get to know and understand how the markets work, this will give you the drive to really dig into as many books as you can in order to look for the answers you are looking for, which in return will allow you to develop a more complete view of the markets and allow you to profit from them.