What makes your a trader?

[SmartGold01]

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?

[Oshosondy]

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?

Anyone that learn how to trade and started to trade will 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?

He is a trader but he needs to learn more about trading. He should be patient and trade with smaller amount of money. If he is trading for a year or more not not making money, he should quit trading.

[Alphakilo]

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?

A trader is quite different from an investor, because a trader must be consistent in the market, always checking analysis and candles to see if it is red or green, as compared to an investor who may just stick to a hodling strategy or lump sum investment strategy and be offline for a while.
Such a trader must also have tools and a good setup if they are into trading either as a professional or just starting out on their trading journey and there must also be a steady market visit to stay abreast with trends and movement as much as a constant follow up on current news and likely information which may contribute to volatility in the trading market.

[EL MOHA]

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?

Any one that buys and sell or shorts and long is actually a trader, the issue of whether if he is on a losing side should he be regarded as a trader is actually something that is different but ideally such person is a trader. Then under the trading we now have various types of traders. We have the successful traders although the yard stick for trader’s success is actually different but to me is those set of people who actually have won rates like 70% or there trades and then we have unsuccessfully trades and this are traders who are losing every now and then due to some certain trading behavior but they are still called a trader.

[DPHOR]

Trading is everyone who is opened to learn and make research about trading can like be called a trader because they trading and even though they are yet to keep making enough profits while trading you can of course calls them trader. Profits making is about time when they should be that used of making profits, as we know trading isn't just something of someone could just starts a day and bumps into huge profits without them undergoing different stages of lessons.

[tbct_mt2]

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?

A person should be called as a trader if he is not a gambler in this market.

Which things make up a trader?
Capital management.
Risk management.
By that, you can imagine that actual traders must pay attention for capital and risk management with priority of defending initial capital that is most important with all traders. Opportunities always exist in the market and traders only can take opportunities, turn them to profit if they still have trading capital.

Therefore traders must use stop loss, stop limit orders or any advanced orders for protecting their capital. If any traders don't do this vital practice for their capital, they're not actual traders but more likely gamblers.

[LogitechMouse]

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?

First of all, let's look at what is the definition of a crypto trader: LINK

A crypto trader is an individual or entity that actively buys and sells cryptocurrencies (like Bitcoin or Ethereum) on exchanges to profit from short-term price volatility. Unlike long-term investors, traders use technical analysis and market trends to execute frequent, rapid transactions, often holding assets for only minutes, days, or months.

Based on that definition, it's an individual that actively buys or sells cryptocurrencies. It wasn't stated there that a trader must be MAKING money before being called as a trader. Anybody that's ventured into trading is called a trader.

I'll just give an example. Let's say somebody's working on a company, and it's just his first month and obviously he will not get his salary until the end of the month. Will you not call it as a WORKER for a month because he's not making money? He's working so that's enough for him to be called as a worker. Same with trading. You don't need to make money in order to be called as a trader. As for your friend though, I think there's a bit of a gray area when it comes to having passion for trading, and not making money on it. I mean sometimes, if we're not making money on it, and it's affecting us financially already, it's time to quit if possible or at least stop trading for the meantime, and come back if you're financially fine already.

[Perfectbaby]

When you talks about cryptocurrency trading it just like those who collectively involving selling and buying a digital assets it could be at lost or profit but immediately such is initiated then we can those person(s) as trader which they must not actively be on profitable side. I can also sight and example of someone who his smoking even though he just started smoking for that first and s/he was caught taking a bad one it would be assumed he is a smoker so same punishment that is giving to those who takes marijuana are same punishment they could be given to those who takes drugs such as cocaine or other substance.

[tygeade]

If you keep checking market for the trend and price level and spending long hours on technical analysis for creating/enhancing your entry/exit level strategies, must identify the trader inside you. In my opinion, an active participation in the market would transform you into a trader. Even investors do actively engage themselves with market and in my understanding that every investor would be covered under the broad category of traders (and how long you hold your position will distinguish a trader from being an investor).

For few types of P2P trading, we never require any account. It means holding an active account in an exchange does not a mandatory for qualifying as a trader. Profits and losses are also not a criteria for being a trader as every trader must be working for making profit and that may not work for some beginners still must be working hard to achieve that.

[free-bit.co.in]

Ultimately, trader or investor are just terms used for identification or naming. Meanwhile, the core objective of both trading and investing revolve around profit. So I think what other people call us does not really matter and is not worth worrying about.

The market does not pay for titles, and titles do not increase the value of our asset. Therefore, do not complicate things unnecessarily.

Anyone who tries to make shortterm profit is a trader, and anyone who put money into the market hoping to make a profit is an investor, IMO

[JeffBrad12]

Anybody is trader if they buy and sell asset routinely in the market trying to make fortune out of it. The term itself isn't exclusive so even if you haven't made any profit and probably about to clear your banks and deep in a negative profit. You're still trader if you're still in the market.

[sheenshane]

Anybody is trader if they buy and sell asset routinely in the market trying to make fortune out of it. The term itself isn't exclusive so even if you haven't made any profit and probably about to clear your banks and deep in a negative profit. You're still trader if you're still in the market.

No, I won't agree that anyone could be a trader.
Trading isn't for everyone, trading is only for those people who are willing to learn first before doing trading, it needs skills and you must have a passion for it.
But if you're lazy, not willing to learn it first, that's what we call a gambler, trading without enough knowledge is considered gambling.

It takes time before you can call yourself a trader, and there's no short cut of it.

[FortuneFollower]

It's a very philosophical question, to say the least.

We can call a trader whoever we want - the man who gambles on the chart, the one doing proper analysis, and the one doing both at the same time - depending on our own definitions and knowledge..

But I would call a trader someone who goes beyond just looking at facts or news to make a move and doing his own proper DYOR from which the roots of his actions and positions grow.. No matter how wrong or right that research is .

[michellee]

If you enter to the exchanges, buy and sell, you are a trader although you are not trade daily.

Your friend still trader although he doesn't trade too many as others or not daily trades. Someone become trader because want to make a profit.

It doesn't matters he have skills or not, he will trades and make a profit as he can.

If he buys and sells, he is a trader. No matters how much money he use.

[crwth]

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?

Technically, yeah. You could already tell someone they are a trader if they were able to make some "buy and sell" trades. Maybe just know that they want to be one though.

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?

You would never know what their situation is unless you see his/her portfolio. It's most likely that they can be adjusting with the market or just don't want to tell you their current situation. It's best to see the facts rather than just assume.

[AakZaki]

I don't think there is a universal criterion that determines who deserves to be called a Trader. But there is a clear picture for someone who is focused on his trading activities.

A. A real Trader is usually

• Running trading activities as a business, they are always disciplined in carrying out their trading activities.
• The main focus is to consistently maintain long-term profits and manage the risk limit.
• A real trader has a clear trading system that combines technical, fundamental analysis and strict risk management.
• Always prioritize the risk and reward ratio rules, entry positions that use rules such as how many entries and SLs are adhered to.
• They try to be disciplined and control their emotions, because trading should be based on a plan and not a mood.
• Record every transaction for evaluation when there is a wrong plan and continuously make improvements to the trading system.
• Significant time commitment is required for market analysis.

B. There are some people who do not carry out the above points but still do trading activities, I think this is the category of Amateur Traders who are prone to emotions, FOMO, fear of loss and greedy.
C. There are also those who carry out activities similar to trading, namely long-term investors who only buy and accumulate assets.

So which category fits your friends, category A, B or C?

[7juju]

Anyone who ventures into the market and make trades should be regarded as a trader, being called a trader shouldn't be limited to those who makes certain amount of profits. In trading it is not every one that makes profit, for others to profit there has to be those that will be losing. There are successful and non successful traders. As long as you are into buying and selling you are a trader.

[goldkingcoiner]

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?

When you have learned the fundamentals of FA/TA analysis and you use a tested strategy which has made you a profit over the historical time period so that you can confidently call yourself a trader.

Some people regard themselves traders because they once or twice bought and sold a pump and dump at the right moments. That is not a trader but a gambler.

Traders take years to finally become profitable over extended periods of time. 99% give up.

[Jatiluhung]

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?

Those who conduct transactions in the market and expect to profit from the difference between the purchase and sale prices can be called traders, regardless of whether they trade every day or not. It also does not matter whether they are always in a profitable position or not. What is clear is that they are doing business and expecting to profit from it. There are various types of traders. There are day traders who analyze the market daily and enter and exit positions on the same day. There are also swing traders, who typically conduct thorough analysis, establish positions, and usually only sell when their targets are met. They usually even hold a coin for weeks before the situation becomes favorable for them. There are many more types.

But we can also say that there are two types of traders according to their abilities in the market, namely bad traders and good traders. Bad traders are those who trade carelessly without discipline and without careful analysis. There are also good traders who trade with careful analysis and discipline.

[Wapfika]

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?

I believe the amount involved is not the main basis to categorize as trader because even a small capital can become a trader if they frequently doing this on regular basis.

A simple buying and selling of cryptocurrencies even with just 1$ sell order while doing this in regular basis is already considered as trader.

Trader have different classifications depending on their capital and strategy which probably you are referring.