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coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: aTriz on April 20, 2017, 07:21:09 AM

What do you mean exactly by "precision"?
I guess that you are talking about timing in trading.

Precision could be accuracy in our trading calls, yes when we are capable of generating trading calls with more accurate price level, the possibility of making profits will be much more and easier.

Quote from: aTriz on April 20, 2017, 07:21:09 AM

if you execute the trade a few seconds later because of not being precise, and possible also because of the lag you may get your profit lowered a lot, or even lose it!

Honestly, time is real money in trading, if we miss out an opportunity, we will never get back or our profits will get diminished according to our delay. Precision could be time related as well. But I believe I never make trades exact prices I prefer to. I do get only approximate price levels.

Quote from: aTriz on April 20, 2017, 07:21:09 AM

It is crucial to be quick when there are essential events going on the markets (at forex, the price sometime is extremely volatile) such as news about pay rolls, etc,

Usually in those volatile market, I do prefer to stay away from trading. Instead of getting into the wrong price levels/directions, I always prefer trading in less volatile markets. My precision may vary but I will adjust them with some other trades still with less volatile conditions.

poetra2501

hero member

Activity: 896

Merit: 500

Quote from: OrangeII on April 18, 2017, 04:51:41 AM

Professional traders may be seen from their patience and thoroughness in making decisions. because, professional traders have a tremendous opportunity to get a big profit, because they are very eagerly waiting for it. they are not quick to panic with the situation, as most traders will sell the coins they have when the price goes down, or up, but did not provide a profit that much.

Sometimes, we also have to do cutloss to avoid bigger losses. Yeah you are right
that patience is a major factor for us to be a professional Trader.
Without a patience we often will be loss than profit.

aTriz

hero member

Activity: 1232

Merit: 683

Tontogether | Save Smart & Win Big

Quote from: mynhpark on April 20, 2017, 05:28:32 AM

Precision is an important requirement as well...

What do you mean exactly by "precision"?
I guess that you are talking about timing in trading.

Ineed, it is very important because in some cases, if you execute the trade a few seconds later because of not being precise, and possible also because of the lag you may get your profit lowered a lot, or even lose it!

It is crucial to be quick when there are essential events going on the markets (at forex, the price sometime is extremely volatile) such as news about pay rolls, etc,

Monnt

legendary

Activity: 938

Merit: 1002

Quote from: omonuyak on April 09, 2017, 08:57:58 AM

Professional traders are not born but they are made! to because a professional trader you most developed you skills through practice Account or demo trading. you most be experts both in technical and fundamental analyst and understand money management rules.

Not just in trading, everywhere the professionals/experts are not born. Only through hard work people do turn professionals.

Trading always requires smart work, one of the smart work we need to do is getting experience the every aspects of trading for free of cost, yes experiencing in demo account for each and every different possibilities of trading situations will make any trader as a professional trader.

mynhpark

full member

Activity: 378

Merit: 101

Precision is an important requirement as well...

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Professional traders may be seen from their patience and thoroughness in making decisions. because, professional traders have a tremendous opportunity to get a big profit, because they are very eagerly waiting for it. they are not quick to panic with the situation, as most traders will sell the coins they have when the price goes down, or up, but did not provide a profit that much.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: NyeFee on April 18, 2017, 04:01:05 AM

Quote from: fullypak on April 17, 2017, 12:09:21 PM

Quote from: mrjoy15 on April 17, 2017, 10:22:37 AM

Quote from: Lacander on April 17, 2017, 07:59:50 AM

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

First, must be set our goal to become a professional trader in future. Hard working is the most efficient method of learning about trading. There does not require a lot of capital only meet some requirement - Analyze trading behavior, good activities on marketplace, follow those who already proved himself like this, anyone can trade like a professional trader.

Don't set any target, just learn all methods in trading, if you lose some money also don't worry you will recover it in next trade. It is possible in trading. Every mistake in trading will teach you a new lesson. So to become professional in trading, you should trade and solve all problems. When you will never get lost in trading long term. Then you become a professional trader.

Without goals, there will not be a serious and responsible approach to learning and applying knowledge in practice. The goal is a successful pledge to learn new knowledge.

Each one of us do really have a goal and we should really set it up on trading and yes if we do like to engage to trading we do usually have target goal which is making money and we do know that trading could really give us these opportunity but it wont really be an easy task hence we would really need to eat rice and does need time for us to learn.

NyeFee

member

Activity: 103

Merit: 10

Quote from: fullypak on April 17, 2017, 12:09:21 PM

Quote from: mrjoy15 on April 17, 2017, 10:22:37 AM

Quote from: Lacander on April 17, 2017, 07:59:50 AM

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

First, must be set our goal to become a professional trader in future. Hard working is the most efficient method of learning about trading. There does not require a lot of capital only meet some requirement - Analyze trading behavior, good activities on marketplace, follow those who already proved himself like this, anyone can trade like a professional trader.

Don't set any target, just learn all methods in trading, if you lose some money also don't worry you will recover it in next trade. It is possible in trading. Every mistake in trading will teach you a new lesson. So to become professional in trading, you should trade and solve all problems. When you will never get lost in trading long term. Then you become a professional trader.

Without goals, there will not be a serious and responsible approach to learning and applying knowledge in practice. The goal is a successful pledge to learn new knowledge.

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: fullypak on April 17, 2017, 12:09:21 PM

Quote from: mrjoy15 on April 17, 2017, 10:22:37 AM

Quote from: Lacander on April 17, 2017, 07:59:50 AM

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

First, must be set our goal to become a professional trader in future. Hard working is the most efficient method of learning about trading. There does not require a lot of capital only meet some requirement - Analyze trading behavior, good activities on marketplace, follow those who already proved himself like this, anyone can trade like a professional trader.

Don't set any target, just learn all methods in trading, if you lose some money also don't worry you will recover it in next trade. It is possible in trading. Every mistake in trading will teach you a new lesson. So to become professional in trading, you should trade and solve all problems. When you will never get lost in trading long term. Then you become a professional trader.

Becoming a professional trader doesn't mean you didn't lose. Becoming a professional trader means that you are more precise and hands on on your trading. If thou must trade and lose your money, don't cope for recovery's sake but cope for your goal's sake. Being a professional trader doesn't measure by time and experience, it is his way of trading that matters.

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: mrjoy15 on April 17, 2017, 10:22:37 AM

Quote from: Lacander on April 17, 2017, 07:59:50 AM

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

First, must be set our goal to become a professional trader in future. Hard working is the most efficient method of learning about trading. There does not require a lot of capital only meet some requirement - Analyze trading behavior, good activities on marketplace, follow those who already proved himself like this, anyone can trade like a professional trader.

Don't set any target, just learn all methods in trading, if you lose some money also don't worry you will recover it in next trade. It is possible in trading. Every mistake in trading will teach you a new lesson. So to become professional in trading, you should trade and solve all problems. When you will never get lost in trading long term. Then you become a professional trader.

mrjoy15

hero member

Activity: 868

Merit: 504

Quote from: Lacander on April 17, 2017, 07:59:50 AM

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

First, must be set our goal to become a professional trader in future. Hard working is the most efficient method of learning about trading. There does not require a lot of capital only meet some requirement - Analyze trading behavior, good activities on marketplace, follow those who already proved himself like this, anyone can trade like a professional trader.

Lacander

member

Activity: 103

Merit: 10

Beginners very often panic and want to earn easy money, but you can not give in to gambling otherwise you can lose all your money and be disappointed in the trade. To begin with, you need to be ready to spend time learning and maybe for the first time in practice you will have to lose some of the funds in order to gain experience and become a professional trader.

veleten

legendary

Activity: 2016

Merit: 1107

professional traders and successful traders are a rare breed,there are many so called professional traders who are proud
of the amount of books they have read and the amount of time they spent trading
as for me a successful AND professional trader ought to have these traits:

1.keep records and calculate your profits and loss carefully
2.always have a clear plan in trading
3.be patient,try to control your emotions
4.learn from your losses-they are inevitable and you have to adjust your strategy accordingly
5.understand the market,learn every day
6.like what you are doing,but don't live to trade (or trade to live

)

taxmanmt5

legendary

Activity: 1190

Merit: 1024

Quote from: iqlimasyadiqa on April 09, 2017, 09:35:37 AM

Quote from: omonuyak on April 09, 2017, 08:57:58 AM

Quote from: tyson187 on March 29, 2017, 08:55:54 AM

Today,we could see lot of newbies daily entering the crypto currency market and struggling to gain profits.To become a professional trader,what are the characteristics to be developed?

Professional traders are not born but they are made! to because a professional trader you most developed you skills through practice Account or demo trading. you most be experts both in technical and fundamental analyst and understand money management rules.

someone will be professional when they have tremendous skill. and the experience is a thing that makes us have the skill. formed a professional trader of experience that is so long.

Professionalism depends upon the skill which is gained by the hard work over the time. No matter how much you have knowledge of things and trading, its the practical experience which gives you real insight and make you a successful trader.

Cherry Girl

member

Activity: 102

Merit: 10

Quote from: bitbunnny on April 09, 2017, 01:19:11 PM

I would say today is very hard to be professional Bitcoin trader. Trading is not anymore as it used to be, it requires many knowledge, skills, experience and full dedication, almost 24/7 presence at the market. For me professional trader is one that is able to make for a living with Bitcoin trading and I think there are very few of such people.

And besides all this, you need to have a lack of emotions during the trade and tremendous patience.

beber456

hero member

Activity: 563

Merit: 500

Quote from: tyson187 on March 29, 2017, 08:55:54 AM

Today,we could see lot of newbies daily entering the crypto currency market and struggling to gain profits.To become a professional trader,what are the characteristics to be developed?

im learning trading too until a month. Almost done with reading , then i will do some paper trading ( not for long) and trade Forex etc. I found few pro daytrader streams and its help a lot ! For exemple they gave me somes great site for begining : Babypips Tradingview and Myfxbook
I'm learning on internet for free but i will pay for some follow-up .
Marathon just began for me ^^

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: tyson187 on March 29, 2017, 08:55:54 AM

Today,we could see lot of newbies daily entering the crypto currency market and struggling to gain profits.To become a professional trader,what are the characteristics to be developed?

Trading professionally is possible if you are ready to spent time and money on your skills and knowledge on how trading work. you need to also developed your patients and loose management skills as this form integral of successful trading. never go into place an order without plan and advice knowledge of what is going to happened in market.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: bitbunnny on April 09, 2017, 01:19:11 PM

I would say today is very hard to be professional Bitcoin trader. Trading is not anymore as it used to be, it requires many knowledge, skills, experience and full dedication, almost 24/7 presence at the market. For me professional trader is one that is able to make for a living with Bitcoin trading and I think there are very few of such people.

How can you say the trading bitcoin or becoming a professional trader of bitcoin is too hard? For your information, Bitcoin trading is not that hard because it is easy to understand and you just need to study the basic fundamentals like reading charts, analyzing the news or updates and so on.. you don't need to spend 24/7 in front of the computers that you got, you can trade within a minutes or hour and still make a profit.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

I would say today is very hard to be professional Bitcoin trader. Trading is not anymore as it used to be, it requires many knowledge, skills, experience and full dedication, almost 24/7 presence at the market. For me professional trader is one that is able to make for a living with Bitcoin trading and I think there are very few of such people.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: omonuyak on April 09, 2017, 08:57:58 AM

Quote from: tyson187 on March 29, 2017, 08:55:54 AM

Today,we could see lot of newbies daily entering the crypto currency market and struggling to gain profits.To become a professional trader,what are the characteristics to be developed?

Professional traders are not born but they are made! to because a professional trader you most developed you skills through practice Account or demo trading. you most be experts both in technical and fundamental analyst and understand money management rules.

someone will be professional when they have tremendous skill. and the experience is a thing that makes us have the skill. formed a professional trader of experience that is so long.

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