What makes your a trader?

[OsaiEmma]

-snip-

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.

Someone can have 10-20% successful trades and still be profitable, there are so many factors involved, you can place 10 trades within a month, and win just 2 but still be on the profit side, it all boils down to risk management and your win to loss ratio.

If you always focus on a 9:1 win to loss ratio, if you lose 8 and win 2 out of that trade, you have lost 8% and won 18% that is 10% win but this is just hypothetical, truth is if you keep loosing, your capital will keep depreciating, then if you successful win 1, you'll recover most of your losses and still be in profit, at the end of the day depending on when and how much you had during your wins, you'll have up to or less than 10% win.

[Out of mind]

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?

What make some to be a trader is when he or she is making progress and profit in trading,he will be so happy to say it that he is trading,many gambling not trading,that's why they make no profit it's all because of gambling inside trading, focus on trading till you will make it,then if you do it within a year and it doesn't favour you,then quite trading and save your head ,or I will advised to start a new business and run to start making money instead of wasting it.

After 1 year of trading, if someone is not successful or profitable, will they quit the trade? I disagree with you because no one has a strategy to succeed in 1 year. Trading and gambling are not the same. If you continue to trade with proper knowledge, success will surely come in the long term. There is no specific timeline to succeed in trading, so if you have confidence, you can continue trading. Profit is not expected in the short term here. If you make one trade in a month, you can consider yourself a trader. You can't call him a gamer.

If a person has been trading for a year and is not making any profit or is facing losses repeatedly, then he must be stopped. Since he is not able to make profit by trying hard enough, then he should stop and later take good education and gain experience about trading and then start. I think that to increase your experience, you must first take education and then gradually move forward to trading. Depending on your confidence, gradually continue trading by applying strategies so that you can get a good result in the future. Profit in trading will depend on your skills and experience, if you are able to gain good skills, then you can definitely be successful in trading in the future.

[fortelen]

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?

Good question, and you’re not wrong to wonder.
Anyone can say they’re a trader once they start clicking buy and sell.
But realistically, a trader is someone who’s consistent, tracks results, and can actually show P&L  not just “market isn’t favorable yet.”

Losing while learning is normal, but if there’s no records, no edge, no accountability?
That’s more aspiring trader than trader.

Passion is cool. Consistency is the real qualifier.

[sokani]

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?

You don't stop calling a striker a footballer because he's having difficulty in finding the back of the net. He's still a footballer, but going through some difficult moments. So to answer you. Your friend is still a trader as long as he's still trading.  He does not necessarily need to be in profit before he's called a trader. The difference between him and others is that he's not a good one since he's running into losses.

[AYOBA]

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.

Yeah that is the truth a trader is far different from the investor as the traders are always in the market 24 hours checking how the markets is all about, but the investors once they’ve invested the amount of money that they can afford to lose they will only be waiting what can happen in future; not like trading that their mind will not even they at rest.

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.

One thing about the trading is that it deserves some knowledges on his own, unlike the investment that some can start without knowing how it works; anyone who want to be successful person need to know the fundamentals of the trading process a d how it operates.

[beerlover]

Making a loss in trading isn't a reason for someone to be not get called trader. They are still a trader, maybe unfortunately an unsuccessful trader but still a trader.

What makes you a trader is not the result itself, it is the act and as long as you are trading then it means you are a trader and there is really nothing to worry about that because in reality we are seeing things be a lot better and not really end up worrying about it that much neither, things are quite easy when you just think of it as "who cares" method, because if you really think about it, what makes you a trader doesn't even matter.