What makes your a trader?

[Kelvinid]

Not all traders are good and profitable ones, majority are still losing and are making adjustments in trading while they are still in the learning process. And I think that's something understandable because every great trader starts from being a scratch, until he resort into maximizing his knowledge, skills and strategies and gradually achieve what it takes to be a good and reputable trader.

I am actually more into investing than trading, but since I am also buying and selling coins at some point, I can totally say that I'm also a trader in progress.

[Pandorak]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?

When you buy a coin and then sell it again within a short period of time, perhaps a few minutes, hours, or days, you can be considered a trader. However, there are various types of traders depending on their respective strategies, ranging from scalping, intraday, to swing trading.

And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Regardless of profit or loss, that is not the benchmark for being a trader. It all depends on the timing of entry and exit, not the amount of profit achieved.

[Out of mind]

Basically, a person is known as a trader only when he can successfully complete the trades, is able to exercise discipline and control. A person is called a real trader only when he earns his main source of income by trading, and he constantly manages his trading according to rules. Keeping himself related to trading constantly, analyzing the market at certain times, as well as understanding the time and taking decisions according to the rules are good qualities. However, we have to keep in mind that all active traders, not all traders, there are some traders who fail to control their emotions. A real trader thinks that if he makes a profit, it is his achievement and if he loses, it is because of his fault, so there are different disciplines among traders, they are active in all aspects of themselves.

[LastKiss]

~snip~
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Win or lose, as long as someone trades in the market, they can be called a trader. Personally, I don’t trade actively every day, but if someone calls me a trader, I agree. I prefer to trade only when I feel confident enough. When the market doesn’t give me certainty, I won’t force myself to trade.

If being a trader requires trading every day, then that’s probably just greed rather than waiting for the best setup available. Whether a beginner or an expert, they can be called a trader. Everyone was once a beginner in trading, so I think what makes someone a trader is simply participating in the market and looking for opportunities.

[Mehmet69]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?
And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

No matter whether someone loses or gains in trading, they are all traders. Once they enter the world of trading, they can be called traders in one word. Some are new traders and some are very experienced traders. If the market is favorable, traders will definitely profit.

Trading is a matter of learning. It is not gambling. You have to learn trading properly and understand it and then invest money. If someone thinks that they will either win or lose and leave it completely to luck, then they are not a trader but a gambler.

If, someone has been training for a long time but has not found his profit yet, then he should learn trading more. Because, if someone always loses money while trading, then trading is not for him. It is possible to be successful if you control your greed and trade correctly and understand it. It is not even the money that can be earned by trading for a long time. You have to trade with the right rules and understand it.

[GreatArkansas]

~snip~
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Win or lose, as long as someone trades in the market, they can be called a trader. Personally, I don’t trade actively every day, but if someone calls me a trader, I agree. I prefer to trade only when I feel confident enough. When the market doesn’t give me certainty, I won’t force myself to trade.

If being a trader requires trading every day, then that’s probably just greed rather than waiting for the best setup available. Whether a beginner or an expert, they can be called a trader. Everyone was once a beginner in trading, so I think what makes someone a trader is simply participating in the market and looking for opportunities.

I agree, we can just categorize them, like for example irresponsible trader.
So for me, trader is always a trader, even how muc you are making or losing. You do buy and sell. There are also some people who don’t actively trading, so for me they can be also consider as trader.

[lizarder]

When you buy a coin and then sell it again within a short period of time, perhaps a few minutes, hours, or days, you can be considered a trader. However, there are various types of traders depending on their respective strategies, ranging from scalping, intraday, to swing trading.

I refer to these as types of trading because the key to determining whether someone is a trader or not is based on their consistency in trading. It's rare for someone to persist in trading when they consistently experience losses, as it's impossible to survive by spending more money on trading just to prove ourselves as traders.

And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Regardless of profit or loss, that is not the benchmark for being a trader. It all depends on the timing of entry and exit, not the amount of profit achieved.

Losses and profits are not the benchmark for being a trader because as we know trading doesn't always result in profits. The difference between a trader and a non-trader lies in their level of involvement and how they can survive losses or profits which is what makes them a true trader.

[liasbaa]

You will get the same answer from most traders as you have experienced from your friend. They will never stop waiting because they can never sit still. The reason for adding volatility to trading is that on the one hand you are putting your funds at risk and on the other hand you are creating mental instability. The risk of losing money is almost mandatory. It would be correct to call them traders because their main purpose is to create panic in the market and to affect others with their own losses. Just as a gambler cannot accurately estimate the amount of money he will lose, trading carries almost the same level of risk.

[Fakhrulenclix]

When you buy a coin and then sell it again within a short period of time, perhaps a few minutes, hours, or days, you can be considered a trader. However, there are various types of traders depending on their respective strategies, ranging from scalping, intraday, to swing trading.

I refer to these as types of trading because the key to determining whether someone is a trader or not is based on their consistency in trading. It's rare for someone to persist in trading when they consistently experience losses, as it's impossible to survive by spending more money on trading just to prove ourselves as traders.

Some of those people are usually just people with FOMO who try trading and then leave after experiencing losses, but what is truly called a trader are those who are consistent and keep learning even after experiencing many losses, and I believe that such people will continue to stay consistent no matter what happens, and that is what is called a trader.

[tbct_mt2]

Some of those people are usually just people with FOMO who try trading and then leave after experiencing losses, but what is truly called a trader are those who are consistent and keep learning even after experiencing many losses, and I believe that such people will continue to stay consistent no matter what happens, and that is what is called a trader.

People who want to trade in the market, want to be traders in the market must use one of best weapons in trading for protecting their capital.
It's either stop loss order or stop limit order.
One of the best weapons in trading: stop loss order

They must control their emotion well so that their trading decisions will be less likely inaccurate and less affected by emotion like FOMO or panic. To be able to do that, they must understand well about the market psychological cycle or if possible, master it.
The Psychological pitfalls of a market cycle.

[LogitechMouse]

Not all traders are good and profitable ones, majority are still losing and are making adjustments in trading while they are still in the learning process. And I think that's something understandable because every great trader starts from being a scratch, until he resort into maximizing his knowledge, skills and strategies and gradually achieve what it takes to be a good and reputable trader.

I am actually more into investing than trading, but since I am also buying and selling coins at some point, I can totally say that I'm also a trader in progress.

Let's not forget that there are 4 types of trader. Scalper, Intra-day Trader, Swing Trader, and Position Trader. What are those? Just google it, but in your case, you're more of a Position trader because you're buying and selling coins so at least you're still making trades at least once a month of even longer.

I agree with what you said that not all traders are profitable ones, and that's why 90% of the traders are still at a loss and I'm one of them. Like what you said though, I'm also making some adjustments still, and still finding the strategy that works for my style of trading. I'm still in the learning process, but I feel that I'm becoming better and better in trading compared to how I am 2 years ago where I'm always getting liquidated.

[Mpamaegbu]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?

Nope, it doesn't have to do with any certain amount made. It however, depends on how able they're to make profit and withdrawals. It's not enough to make profit until they're able to withdraw it. Anyone who's trading and can't thump their chest that they've been adding wins and making withdrawals can't be referred to as a trader because they aren't yet profitable. Simply put, only profitable traders are referred to as traders.

Does it mean such person should be called a trader...

Your friend knows they're not yet making a kill in the market and that's why they aren't bold enough to tell you that. In fact, you don't even need to ask when you find anyone who's profitable trading. You will see the evidence yourself around them. Now, here's it, don't jeer or laugh at your friend for that. All you've to do is encourage them to get a mentor who's already winning so they can get their strategy polished and well positioned.

[SirLancelot]

Everyone considers traders as different, some require you to do day trading, some require you to do certain threshold in amount, some are fine with it if you buy and sell within same week, and some could be fine with you calling yourself a trader even if you do not trade. I am one of those last ones, I do not care what you do, if you want to be called trader then I am fine, like some other people here.

So trader isn't an exact thing, unless you are professionally doing it some company, then every amateur trader is different and we do not have the rights to call someone trader only if we want to, everyone can call themselves whatever they want, doesn't change a thing. I personally care about myself and not the other people and what they say.

[Hamza2424]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?
And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

I think you are right, they must be earned or spent some time in trading before they call themselves traders, but their earning, and their time won't tell us how much they know because they can be following someone and not knowing anything, they can still make a lot of money and they can still spend a lot of time so bro, both are not good indicators to define someone a trader.

Because when we are following some influencers, we realize they don't know anything, they are following others and then pretending like they know all that just by themselves, while they are following another group and making money from their community by selling their group.

[SOKO-DEKE]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?
And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

With my own understanding, it is not everyone that trades that is called a trader. A trader is someone who takes trading as a profession, like someone who trades often. But it is not someone that does not make only money from trading that can be called a trader. But i would like to say that if someone is a real trader, it is not possible that he or she will not be making money from trading.Your friend can be a trader because telling you the market is not favourable means that he is trading, but he is not making the profits as expected. That is why he always says that the market is not favourable.Like me, I don’t trade always; I just trade once in a while. I can’t call myself a trader because I don’t have the complete character of a trader.

[Rockstarguy]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?
And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Anyone who engages in trading can be considered a trader. It doesn't mean you must first make some amount of money in trading before one can be considered a trader. This is why we have quality traders who are considered good traders as well.

 We also have bad traders; these are traders who are just struggling with trading because of the low knowledge they have in trading. Engaging in trading is what makes one a trader, and it is not dependent on the positive outcome in trading.

[Ndabagi01]

Well I have been thinking before we calls someone a trader there should be a certain amount that person usually makes from their trading before such person could be called trader, or is it anyone who just ventured into to the market and started making losing are also called trader?

A person that is losing in trading can be called a trader, also a person that’s winning through trading can also be called a trader. Trading is a very great skill that anyone that knows how to go about it will become very profitable today. A trader is a person who trades the financial market and not who loses or gain in the financial market. The difference is clear and can be spotted hands on who can be called a trader.

And yes, I do have a friend who developed so much interest and passion for trading, but whenever I asked how about your trading stuff what I kept hearing is that market isn't favorable yet but I am trying.
Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

Being accountable or not accountable for your trading actions is not based off the name of being called a trader. That’s your own to handle as a trader and that doesn’t mean you can’t be called a trader. As long as you’re trading the financial market, whether in loss or in profit, you’re already qualified to be called a trader.

[Ziskinberg]

Once you step up from investing and enter the trading market, that marks you as a beginner trader. Regardless if you are doing the right or wrong move, as long as you are trading in the market, then its good to say that you're not just an investor, but a trader as well.

Now, trading that experiences more losses than gains, does it still make you a trader? Of course, one remains a trader until he want to, until he reserves a good amount of capital to trade, regardless if the outcome is beneficial or not.

[BRINIRHA]

A trader can be a good or bad trader, it depends on the amount of their knowledge and experience that makes them capable or not. So if you find a person that is trading yet he is still not making positive trades, don't worry, he is still learning the process.

Anyone can be a trader, but not anyone is capable to become a good trader. But trading can be learn in time, and it may even take years of experience before you can be recognized as a good trader.

And along the way, it is not easy for an amateur trader to become a good professional trader. Because learning from experience sometimes involves going through periods of stress due to losses. and sometimes there are those who manage to bounce back, and sometimes there are those who do not. So, in addition to basic knowledge, a trader also needs a strong mentality to deal with various situations in the market. However, the most important thing of all is to be highly disciplined in trading itself, because without high discipline, no matter how skilled someone is at analysis, they can still be carried away by the strong emotional atmosphere in the market, which can ultimately change a trader's decision from being initially non-greedy to greedy or overly fearful. Building patience and high discipline is the most difficult part of the process of becoming a good trader.

[moneystery]

Does it mean such person should be called a trader, who can't even an account of what they had made through trading?

The moment someone enters the trading market and begins trading with real money, they can be considered a trader. Regardless of whether they've only been there briefly or not, they can be considered a trader. A trader doesn't necessarily have to achieve consistent profits to be considered a trader-- even those still learning and making frequent mistakes are still considered traders because they're directly involved in trading activities with real risks, like your friend.