What makes your a trader?

[Japinat]

I become a trader the moment I decided to trade in the market and risk my hard-earned money. Anyone can be a trader, regardless if its a win or loss outcome. After all, we won't be seeing a real trader if he's not into loss and win, as trading does not guarantees winning or losing all the time. And you can't be an experienced and firm trader if you fail to endure some losses and wrong decisions when trading.

Generally, once a person performs buying and selling crypto in an exchange, or through p2p transactions, with the intention to make profits from short term or long term market movement, he then considers himself a trader in the market. Anyone can be a trader if he intends to profit from the act of trading.

[SmartGold01]

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.

Trying what? he's not a trader but just a speculator. I guess that's the term that he deserves for just trying. Because if there's really no trade that has happened, he only speculated and analyzed.

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 of these people as want to make themselves look cool in the eyes of the other people. Because hearing of what a trader does sounds cool and they think they're earning a lot of money. So, the respect is there and that's why even they're not real life traders, that is what they introduce themselves to others.

That could be true and of course only a speculator that would keep speculating without giving out the real facts about trading. A trader do talks about their experience while trading but whenever someone is not really that open talking about their trading this shows that such person is not a trader at all. And again, not all speculators are traders, anyone can talks about the market but deep down their they are not a trader for any day.

[Asuspawer09]

There wasn't any kind of rulebook in this, so, for me, anyone who buys and sells can be called a trader. You don't really need a lot of experience, as long as you do it, you can call yourself a trader for sure.

The huge difference or questions probably is are you a good or bad trader, are you making the right calls, are you making a lot of great decisions on it, are you making money on it something like that, you can be a trader but you are just losing your investment, or you can be a trader that is making a huge amount of money, you can be a professional trader or just a casualy trader, there are also some that only open his account every few years something like that as long as you have asset you are investing then for me you are a trader.

[Finebone]

A trader do talks about their experience while trading but whenever someone is not really that open talking about their trading this shows that such person is not a trader at all. And again, not all speculators are traders, anyone can talks about the market but deep down their they are not a trader for any day.

Their are several traders that trades the crypto and forex market, but some will choose to stay anonymous, so in that case, will you say that they are not traders because they are not making noise or talking about it publicly?
I believe that you should know better that anyone that buys and sell is a traders and the deeper aspects of trading is the derivatives or futures trading, so I don't get the aspect you are saying that someone must be talking about his experience while trading before he or she might be seen as one.

[TheUltraElite]

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.

I would say that the person who is active in buying/selling is the trader. Those who are long term investing are not actually trading. The term is often implying the short term trading. So now you have short term and long term trading. The second one is almost similar to investing.

I dont think anyone needs any specific education or degree to be a trader. But to be successful in trading they need some skills, including how to keep your head cool during times of market swings and how to place orders. Patience is one thing that every good trader needs and being able to ignore the mainstream market is another skill that will make them better.

[FanEagle]

To be fair, losing doesn't mean you are not a trader, as long as you are trading then you are a trader, profiting isn't a guaranteed part of being a trader. I get that not everyone can accept that, because you desire to see profits, but just because you want to, doesn't mean you will and for that reason it is not clear if you are going to profit or not but you will be considered a trader.

Certainly you need to make sure that you are going to have profits someday rather than keep trying, but as long as you are preparing yourself for that, then there is no problem. Trading is a very long journey and you cannot expect quick results which means you must give it time and all the efforts. Slow and steady will definitely help you to reach your destination in crypto trading.

[macson]

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?

To be considered a trader, one doesn't need to be a full-time trader or consistently profitable. Anyone who has already ventured into the world of trading can be categorized as a trader. However, traders have different levels. Depending on their experience and consistent profits, they can be categorized as beginners or professional 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.

He could be just trying to keep a low profile so people don't discover his true trading activities. Or he might be struggling and is currently learning to improve his trading skills. We just don't know. But if he doesn't talk about his trading, then we shouldn't even be discussing it.

[Lannakosa]

To be fair, losing doesn't mean you are not a trader, as long as you are trading then you are a trader, profiting isn't a guaranteed part of being a trader. I get that not everyone can accept that, because you desire to see profits, but just because you want to, doesn't mean you will and for that reason it is not clear if you are going to profit or not but you will be considered a trader.

Certainly you need to make sure that you are going to have profits someday rather than keep trying, but as long as you are preparing yourself for that, then there is no problem. Trading is a very long journey and you cannot expect quick results which means you must give it time and all the efforts. Slow and steady will definitely help you to reach your destination in crypto trading.

If you can't make money from trading, you will have to do something else to earn money, and trading will move to the background. I think this happens very often for beginners or non professional traders. In my case, because of my main work it often happens that I step away from trading even for several months, then come back and step away again. This is related to the seasonality of my work, but in any case for many traders trading will remain a secondary activity if it does not bring in more than their main job.

[qwertyup23]

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?

Well by going on its definition, a trader is considered a person who trades cryptocurrency in a designated platform in speculation of its price on the market for profit. A trader would purchase a specific cryptocurrency, wait for its price to increase, buy/sell it, and make a profit as a whole.

Now if you trade on a consistent basis, then you can call yourself a trader in the general meaning of its definition. However, if you trade from time-to-time, then you may refer to yourself as a trader but not on a permanent basis.

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

Like what I mentioned above, if you are a person who purchases cryptocurrency and wait for its price to increase for profit then sell it, then you are a trader by definition. It will most likely vary depending on the frequency on how you trade especially if you make this your full-time job as your source of income.

[Dr.Bitcoin_Strange]

A trader is someone that is engaged in buying and selling of crypt currencies  or engage in prediction of the price fluctuation of different fiat pairs and the reason for doing this is a secure a short term quick profit from the market fluctuation. We have the crypto futures, crypto spot and forex traders who are either buying when price is low and selling when price is high, same applies to how forex traders  and future traders do to make short term profit.

[Mame89]

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?

Basically, if someone has started learning trading and practicing it immediately, they are already considered a trader. The only difference is whether you want to be a responsible trader or an irresponsible trader.

So, your friend can be considered a trader even if he has never made a profit, because the definition of a trader is not measured by profit records but by practice. If he hasn't made a profit, it means he hasn't fully learned how to be a trader. My advice to your friend is to evaluate his trading activities because never making a profit is a sign of being an irresponsible trader.

[lizarder]

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?

How long can they persist in trading if they frequently experience losses? It's not about a specific amount of profit or loss because traders are those who are able to survive in this industry. Many friends I know eventually quit trading because almost all of them failed in this industry because their trading skills were so poor that they lost more money.

If they can persist in trading then we can call them traders. If their involvement is only temporary due to the influence of others they will inevitably quit eventually. In this case I think they are not traders but rather following something they do not understand well and someone who is involved in something that uses this kind of method then it is certain that they will definitely fail.

[passwordnow]

Trying what? he's not a trader but just a speculator. I guess that's the term that he deserves for just trying. Because if there's really no trade that has happened, he only speculated and analyzed.

That could be true and of course only a speculator that would keep speculating without giving out the real facts about trading. A trader do talks about their experience while trading but whenever someone is not really that open talking about their trading this shows that such person is not a trader at all. And again, not all speculators are traders, anyone can talks about the market but deep down their they are not a trader for any day.

I think if a trader is not talking about their experience and they're just silently flexing their profits, there's no problem with that. We cannot guarantee that they're not real traders. But I don't know, it's sort of complicated if we really are to spot the real ones and the fake ones. Social media nowadays is full of these wannabe traders and yet, they are only showing the gains that they're getting. And maybe the genuine ones have the courage to share also the losses that they have made. There's nothing to be ashamed of that if that is what's happening to them.

[Findingnemo]

People who know how to trade and they are making decent money or investing a part of their daily routine into it can be called as a trader and trading is not something that one can be consistent so we can't say they are not trader just because they are losing now. But the new era traders are just downloading random app and doesn't even know what they are doing should not be encouraged as a real trader, they need to learn the basics first from proper source not from random social media influencer.

[Jewan420]

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?

Whether a trader is profitable or not, if he is learning or studying trading, then he will be called a trader. A trader is a trader whether he is profitable or not. There will be no difference in identity.

I am not a trader, but I can say from real experience from the story of my close friend that most traders enter trading with the temptation of making a lot of money quickly. Their main dream is to make a lot of money after learning trading. Moreover, I do not see anything like addiction to trading, it is an addiction to money.

[el kaka22]

Honestly, does the title really matters? What's the point if you are called a trader or not called a trader, the end result is the only thing that matters .Trade within the day, trade for a week, invest long term, do leverage, do spot, do whatever you want and as long as the end result is a profit then you are fine and if the result is bad then you are not doing so good, that's all that matters.

What you can call yourself or what others can call themselves do not matter. I can call myself the greatest basketball player in the world, does it change the fact that I am not in the NBA? It doesn't, so the end result is the only thing that matters. Do not fixate on naming things or labelling people because that won't matter.

[Jegileman]

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?

To be called a trader, it doesn’t mean that you would have reached some kind of profitable state, I think once you’re analysing the trading market and can place trades on them, you can be called a trader. We do have good and bad traders depending on how you can trade in the market to your own favour or not. So being called a trader is not tied to how much you can trade. Your friend may still be in the starting phase of his trading career, so he may not be able to account for his trading or how much he has earned through trading but with time, he would be able to account for one and by that time you can tell if he’s a good trader or bad trader overall.

[BRINIRHA]

Everyone can trade but not every people can became an the trader and in my opinion the definition trader mean those who did trading activities for crypto market or stocks market and these people routine doing it because their purposes is want to earn profit from this activities but there are some of type of trader depend on their style and it could be scalping or probably swing trading and recently this activities could be a called profession even some people have decide to quit from their jobs and focused for crypto or stocks trader because it is more profitable than their regular job

Well, lately, becoming a crypto, stock, and forex trader has led many people to quit their jobs and focus more on trading. Perhaps because they feel they can earn more from it. Or maybe because they are so confident that they dare to leave their initial jobs. I'm sure we all know at least one person who has done this. I know someone who did just that. He left his job to focus more on forex trading and occasionally cryptocurrency.
But honestly, I think trading isn't as easy as it seems. Unless we develop other avenues, such as teaching trading classes to others, so we can earn more from that.

[Cyber_warrior]

To be fair, losing doesn't mean you are not a trader, as long as you are trading then you are a trader,

Is it even possible to be a trader without losing? That’s not possible. As a trader loss is something that we are suppose to expect, and because you are losing doesn’t make u a bad trader, but we should just make sure we reduce our losses to the lowest level, and we should always know when to stop trading Incase if the loss is getting to much.

profiting isn't a guaranteed part of being a trader.

That’s why people are being warned to trade with any amount they can afford to lose, don’t trade with everything you having because profits isn’t guaranteed, and you can’t trade without losing. Profits aren’t guaranteed when you are trading, so you should always manage your risk.

[Miles2006]

Everyone can trade but not every people can became an the trader and in my opinion the definition trader mean those who did trading activities for crypto market or stocks market and these people routine doing it because their purposes is want to earn profit from this activities but there are some of type of trader depend on their style and it could be scalping or probably swing trading and recently this activities could be a called profession even some people have decide to quit from their jobs and focused for crypto or stocks trader because it is more profitable than their regular job

Well, lately, becoming a crypto, stock, and forex trader has led many people to quit their jobs and focus more on trading. Perhaps because they feel they can earn more from it. Or maybe because they are so confident that they dare to leave their initial jobs. I'm sure we all know at least one person who has done this. I know someone who did just that. He left his job to focus more on forex trading and occasionally cryptocurrency.
But honestly, I think trading isn't as easy as it seems. Unless we develop other avenues, such as teaching trading classes to others, so we can earn more from that.

Anyone who monitors the market movement and trade according to a strategic pattern is called a trader not minding the profit or mindset used to trade. One doesn’t have to quit their job as a result of irregular income and focus fully on trade or just to bear the name a trader, crypto trade is difficult reason why it’s not certain predicting a full time profit always which doesn’t make the person a failure instead a trader is always a trader from my perspective.