Can I become a professional trader?

[Mahanton]

Snip

Yes trading can be someone's part time job and if you want to do well in trading you must do it with your own efforts through your own analysis. The professional trader you trust cannot guarantee his own profits, so how can you fully trust someone else and invest your money accordingly? Trading is very risky so you must be careful here. And high amount cannot be invested in the beginning.

Instead of trading i prefer someone buy and holding bitcoin than going into trading because there is every possibility for that person to empty his  or her account so easily if that person doesn't know how to manage he or her funds effectively, even though he can still manage funds effectively the main goal should how capable is he to make profits with his funded amount in his or her account. Sometimes people always claims to be making profits in trading but other way round they are insuring lost, maybe still looking for the solution to implore for them to start making profits while trading.

Totally depends on a certain individual on which there are really those people who are really that loving to take up some risks for them to earn more on which we know that trading actively could really give out that kind of chance or opportunity on earning more and this is why they would really be loving on taking up some extra steps for them to be at least having the opportunity to earn more and this is something that you would really be needing up to accept it out on the time that you would really be opting in trying out to make some trading. Its not for everyone on which this could really be only into those people who are really that dedicated
or really that serious on taking up some risks for them to have at least the chance for them to increase their earnings.

Becoming a professional trader? Why not? It would really be just that depending on how passionate you are into this kind of target in life on which not everyone would really be able to get a hold of.
Somewhat it might be hard but doesnt mean that it would be impossible. It would really be just that taking up some time and tons of efforts before you could really be having
that a good grasps with it.

[Finestream]

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 biggest challenge in trading is when overcoming all the risks and difficulties when you are still in the beginning process. If you can successfully do that, trading will be a slight easier for you to manage especially if you are highly motivated and has good amount of patience to know when to perfectly trade and when not to. While trading can be hard and tough for majority, it can be easy and profitable in the end for those who keep enduring all the sacrifices and hardships without quitting but instead continue to learn from all of it.

[freedomgo]

Making trading as your personal career might be hard and risky to think. Aside that it does not give you consistent amount of income, most likely there will be more losses than gains most particularly if you are still a beginner. But if you manage to overcome all the risks and be successful on them, you can be professional and profitable trader in the long run.

However, I still suggest to make trading as only your side hustle. Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

[Franctoshi]

• 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 ?

Op, there are couple of things you need to get clear about trading in terms of “Technical & Fundamental analysis” when you talk about technical analysis you are talking about the candle stick and other technical tools such as indicators etc, whereas Fundamental analysis is all about the news events like (economic news such as interest rate and unemployment rate), political news, war event etc.

The market is right, but you are wrong with how you approach the market and that's why it seems to you that both the Technical and Fundamental analysis don't work.

[suzanne5223]

Snip

Yes trading can be someone's part time job and if you want to do well in trading you must do it with your own efforts through your own analysis. The professional trader you trust cannot guarantee his own profits, so how can you fully trust someone else and invest your money accordingly? Trading is very risky so you must be careful here. And high amount cannot be invested in the beginning.

Instead of trading i prefer someone buy and holding bitcoin than going into trading because there is every possibility for that person to empty his  or her account so easily if that person doesn't know how to manage he or her funds effectively, even though he can still manage funds effectively the main goal should how capable is he to make profits with his funded amount in his or her account. Sometimes people always claims to be making profits in trading but other way round they are insuring lost, maybe still looking for the solution to explore for them to start making profits while trading.

You have a point but it depends on the space we're good in some people can't do without crypto trading and they are doing well in the space despite the risk involved.
I also prefer, to buy and hold than venture into crypto trading maybe it is not my call cause I don't like spending much time on market analysis not talking about the risk involved in it.
Having said that, portfolio management is not the only important in the crypto trading space although it's one of the important.

[rodskee]

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 ?

Not sure if you are in the right path here because trading must not be a primary source of income
because there is no master in this instead the volatility of the market is your enemy here , try not to fall into
the promises of those trading coaches because they will lure you to enroll for payments but does not stand
by your side when market shakes down.

[God bless u]

Trading is definitely a long journey that requires time, effort, and commitment.  There will be losses and failures, but that's part of the process.  I've been trading for a bit now.  I still think of myself as a student with more to learn.  But I've picked up a good amount so far and feel like I can handle whatever the market throws at me and, but I dont expect to profit on every trade.  No one bats a thousand.  But I trust in my skills and experience so far.  Even if I have losing days I know I can bounce back.

Yes, a person can do anything if he tries, but hard work is a necessary condition for that. Risk can also be diverted, but to avoid it, if a person invests a small amount, if he wants to take less profit, then the loss will be less, but if the more profit he takes, the more he will bear the loss. It will have to be done and the risk will be so high, so my advice is that the person should invest a little faith in the beginning, when he learns and after that, become a professional, then increase the amount according to what he can afford to lose.

[terrific]

However, I still suggest to make trading as only your side hustle.

I'd also suggest for those people to only trade part time and don't fully rely on it when you're still new to it. There are many professional traders that are good and treated it as their full time but you don't know what's happening actually behind the scene.

Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

I agree on this, having a real job and you do trading part time. You can still be considered as a professional but you've got a stable back up.

[Nrcewker]

Making trading as your personal career might be hard and risky to think. Aside that it does not give you consistent amount of income, most likely there will be more losses than gains most particularly if you are still a beginner. But if you manage to overcome all the risks and be successful on them, you can be professional and profitable trader in the long run.

However, I still suggest to make trading as only your side hustle. Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

As said before, trading is uncertain. You cannot completely rely on trading. If you have to manage a family, pay regular bills and do other stuffs, then other than trading you need to have a serious job. You can do trading as a part time and do another job for basic needs. Trading isn’t sure money, as the market is very uncertain and unpredictable. So completely relying on it will be very difficult. If you ask me for my suggestion, then I won’t suggest to go for trading as the primary source of income.

[puloweh555]

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.

I totally agree with your takeaway. Trading is not a career, so it is very wrong to think of it as a career. However, to become a professional trader, it is possible that if you study all the points you share seriously, you will be successful in trading.

In essence, when trading, treat trading like a lover, wife, or child. When you lose or accept a loss, assume that you are being given a risk. So there won't be any emotions. Because it is true that trading strategy is only 20%, the rest must have a strong mentality in dealing with defeat and a good mentality for recovery. And his usual mentality had formed like that of a gambler. You will get used to taking risks. Take the mental side of the gambler, then you will become a strong and professional trader.

[Lantind]

Making trading as your personal career might be hard and risky to think. Aside that it does not give you consistent amount of income, most likely there will be more losses than gains most particularly if you are still a beginner. But if you manage to overcome all the risks and be successful on them, you can be professional and profitable trader in the long run.

However, I still suggest to make trading as only your side hustle. Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

As said before, trading is uncertain. You cannot completely rely on trading. If you have to manage a family, pay regular bills and do other stuffs, then other than trading you need to have a serious job. You can do trading as a part time and do another job for basic needs. Trading isn’t sure money, as the market is very uncertain and unpredictable. So completely relying on it will be very difficult. If you ask me for my suggestion, then I won’t suggest to go for trading as the primary source of income.

Expecting income from trading to be able to take care of a family is not an easy thing to do and this is too risky, because we need money for family needs every day and if we cannot make a profit from the trading we do of course this will be very troublesome for us. on our own and it would be better not to rely entirely on trade.

I agree with your suggestion, it would be better to trade when we have free time and have to have a job that can provide a steady income for family needs, because if we only rely on trading as our main income, it is very difficult to see market conditions.

[moneystery]

all newbie traders have great potential to become professional traders, but to become a professional trader requires many sacrifices such as time, money and energy.

but remember to become a professional trader, you have to be in the right community, the point is as a place to share knowledge and problems that occur when trading, never ever visit seminars that are not clear and also join telegram groups that are not clear, they all are scammers.

[AnonBitCoiner]

I'd also suggest for those people to only trade part time and don't fully rely on it when you're still new to it. There are many professional traders that are good and treated it as their full time but you don't know what's happening actually behind the scene.

Trading should not be full time because without experience it can drop your money and with experience it will take you away from your families and friends because trading requires more more than any other job. In part time trading you can easily learn from your mistakes, your losses will be small and you can also participate in other activities easily.

I agree on this, having a real job and you do trading part time. You can still be considered as a professional but you've got a stable back up.

Professional traders are those whose profit is more than their loss and who knows better about techniques and strategies as well as have knowledge about coins. It does not means that if someone is not giving whole day to trading then he cannot be a professional trader but his success will decide about his expertise.

[Volimack]

To become a professional trader, you need to know the trading strategies. Beginners will need some time to do it. Becoming a professional trader is not that easy and you have to make a lot of sacrifices. First you need to decide the business idea or the right business plan and plan to start the business. The success or failure of a business depends on many different steps. Know the trading venues well before trading.

[terrific]

I'd also suggest for those people to only trade part time and don't fully rely on it when you're still new to it. There are many professional traders that are good and treated it as their full time but you don't know what's happening actually behind the scene.

Trading should not be full time because without experience it can drop your money and with experience it will take you away from your families and friends because trading requires more more than any other job. In part time trading you can easily learn from your mistakes, your losses will be small and you can also participate in other activities easily.

Yes, that's the key take away that we're saying that it shouldn't be taken as full time mostly to the new traders. If you've became experienced and you think that you can do it full time, try it.

I agree on this, having a real job and you do trading part time. You can still be considered as a professional but you've got a stable back up.

Professional traders are those whose profit is more than their loss and who knows better about techniques and strategies as well as have knowledge about coins. It does not means that if someone is not giving whole day to trading then he cannot be a professional trader but his success will decide about his expertise.

It's not about giving his time the whole day in trading but it's about doing trading full time that he allots most of his attention to it. Anyway, if you do it full time or not as long as you are good with the results, all your call to do what's necessary.

[Yamifoud]

YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.

[LastKiss]

YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.

I agree that we need more experience on real trading because when we have lots of experience in trading we will have more intuition and a lot of strategy to choose where the next movement is. We can utilize demo trading to sharpen our experience if we lack capital, our experience will gradually increase along with how to manage our emotions such as patience, dedication, greed, etc. Don't easily get affected by influencers out there cause it's only will benefit them.

[Litzki1990]

Always remember that a professional trader does not become a professional trader in a day and he was a new trader in the beginning of trading and he has become a professional trader from a new trader. You can start trading but after starting you must try enough, the more you work on trading the more you try to learn and the more you apply practically the more you understand about trading. In a new situation, your decision may be wrong or something contrary to your decision may happen. At that time, you should not be disappointed. You should strengthen your mind and you will be a professional trader. You should pay more attention to this matter. Market analysis, proper candle observation, chart observation in the market are all things you must learn seriously and have enough patience power. If you have the patience, strength, courage and determination to achieve your goals, then you must be a professional trader.

[Xampeuu]

YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.

I agree that we need more experience on real trading because when we have lots of experience in trading we will have more intuition and a lot of strategy to choose where the next movement is. We can utilize demo trading to sharpen our experience if we lack capital, our experience will gradually increase along with how to manage our emotions such as patience, dedication, greed, etc. Don't easily get affected by influencers out there cause it's only will benefit them.

with experience we can cover our trading shortcomings so that later we can become professional traders. It's not easy to get there, but we can do it according to the process we go through. in theory maybe we can master it immediately, but trading practice will be different from theory, but in practice we need theory to implement it. there is no pro trader who has not experienced failure, and of course they now know how to overcome it

[wtsimis]

Becoming a professional trader will take a long time of effort and hard work.  You cannot become a professional trader very easily even if you want to.  There are many qualities required to become a professional trader.
 Even if you are a professional trader it will cause you loss.  Because cryptocurrency trading can never be a full-time job.  You can keep trading alongside your work so that it doesn't interfere with your lifestyle.  You should take up trading only for investment purpose if you want to live by investing and investing profit then it will never be possible.  Because there is no guarantee of profit every month from trading.