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DoublerHunter

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Quote from: jeraldskie11 on July 22, 2023, 03:23:53 AM

Quote from: Johnyz on July 14, 2023, 04:29:56 PM

Quote from: ?? on ??

Retail traders are the ones who trade with their own hard-earned money, hustling from the comfort of their homes. They're like the "do-it-yourself" traders, taking charge of their own funds and making it rain (hopefully!).

Professional traders are those who are in the field offering services legally, I can say the fund managers are a good trader and more conservative at the same time. Retail traders can still be ok on their own but if you are going to believe on their trading strategy, that can’t still make them professional trader.

In other words, they trade without using their own money. But those traders must passed a test to be eligible for that position and be called professional traders. I think they don't have to double their accounts as their goals, instead they have to focus on risk management. I have seen retail traders who passed an examination to have a funded account, and they will received a certificate afterwards. The evaluation is not easy that's why if you passed test you can also be called as a professional trader.

^The thread is great and very helpful but one thing that remained in my mind is, how to find them and how to find a legitimate one.
Because for me seeking a professional trader is a quite sensitive part because to find reputable professional traders, thorough research and due diligence are very important. Verify their track records, credentials, and reviews from other clients. It should be to ensure they are properly licensed and regulated by relevant financial authorities. Request verified trading performance records to assess their past success and engage in transparent communication about their trading strategies and risk management approaches. We should be cautious of traders who promise extraordinary returns without evidence to back up their claims or charge exorbitant fees.

tygeade

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Quote from: Compromise me on July 21, 2023, 08:59:17 AM

Quote from: Symmetrick on July 02, 2021, 03:46:17 AM

Conclusion: The differences are cardinal. The approach to trading of a professional trader and a retail trader is exactly the opposite. Many retail traders try to ascribe to themselves the title of a professional trader through experience, but this is not the case. Of course, there are times when retail traders also raise client funds like professional hedge fund traders. This is called trust management. Can a retail trader be called professional in this case? Of course not. The approach to trading and risk management does not change, and a trader's income depends only on successful trades. If a trader loses everything, not a single trust investor will pay him a commission for asset management. As often happens, the trader will ask for more money in order to recoup. And this will be just the typical behavior of a retail trader.

You are right @Ratimov Thank you so much your guidance and I appreciate you thoughts.I think be it a professional trader or a retail trader both have face risk and stress.Trader involved risk,But a good trader is one who has risk under control.If anyone want to be a good trader and want to make own portfolio good .so he should stop trading on calls and tips .If he does this ,he feel stressed and risk in trading because when you are stressed so you overextended your emotional.so with so match if you are going to trading ,so you have to face risk and stress.

I agree that it is going to be a fundamental difference like that, it is not going to be something about the results or anything else. We need to realize that life is not that easy to handle and sometimes things that are a bit complicated could look like they are not easy to understand but Ratimov once again showed his prowess for making difficult things understood easily and made it simple.

Even the place you work at changes because even the software and the information and many other stuff that those professional ones are getting every day are not the same, you can't even begin to understand the networking possibilities and the benefits of it. So long story short it is not the same, no matter how much retail ones try, it is just not the same.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

Quote from: Johnyz on July 14, 2023, 04:29:56 PM

Quote from: ?? on ??

Retail traders are the ones who trade with their own hard-earned money, hustling from the comfort of their homes. They're like the "do-it-yourself" traders, taking charge of their own funds and making it rain (hopefully!).

Professional traders are those who are in the field offering services legally, I can say the fund managers are a good trader and more conservative at the same time. Retail traders can still be ok on their own but if you are going to believe on their trading strategy, that can’t still make them professional trader.

In other words, they trade without using their own money. But those traders must passed a test to be eligible for that position and be called professional traders. I think they don't have to double their accounts as their goals, instead they have to focus on risk management. I have seen retail traders who passed an examination to have a funded account, and they will received a certificate afterwards. The evaluation is not easy that's why if you passed test you can also be called as a professional trader.

Compromise me

sr. member

Activity: 462

Merit: 328

Quote from: Symmetrick on July 02, 2021, 03:46:17 AM

Conclusion: The differences are cardinal. The approach to trading of a professional trader and a retail trader is exactly the opposite. Many retail traders try to ascribe to themselves the title of a professional trader through experience, but this is not the case. Of course, there are times when retail traders also raise client funds like professional hedge fund traders. This is called trust management. Can a retail trader be called professional in this case? Of course not. The approach to trading and risk management does not change, and a trader's income depends only on successful trades. If a trader loses everything, not a single trust investor will pay him a commission for asset management. As often happens, the trader will ask for more money in order to recoup. And this will be just the typical behavior of a retail trader.

You are right @Ratimov Thank you so much your guidance and I appreciate you thoughts.I think be it a professional trader or a retail trader both have face risk and stress.Trader involved risk,But a good trader is one who has risk under control.If anyone want to be a good trader and want to make own portfolio good .so he should stop trading on calls and tips .If he does this ,he feel stressed and risk in trading because when you are stressed so you overextended your emotional.so with so match if you are going to trading ,so you have to face risk and stress.

letteredhub

sr. member

Activity: 644

Merit: 262

Your explication on the difference between the two- professional and retail trader are clear to grasp but like you have explained the professional trader is at the advantageous side of it all unlike the retail trader who have no leverage to management of commissions and bonuses that should have put him on an edge that's why he sees his profit as a source of income and every little profit made must be withdrawn to serve his needs not minding any future loss that may be incurred in his next trade.
By the way your your English isn't bad, the GUIDE is rich and have scooped out some new ideas from it.

lixer

hero member

Activity: 2688

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Quote from: Mr.right85 on July 14, 2023, 06:15:59 PM

An eye watering read it was but, worth the time spent going through it. Certainly something that would prove very useful to beginners on the forum and clears certain misconceptions about the term.

There are ideas that have spanned through assumptions of what could be that precedes what is. Like, a lot of users on and off forum assumes the term to describe;

1. One that has taken up trading for a career, not necessarily working or trading for a firm.
2. The second term focuses on the trader haven't closely perfected his or her analysis to come very close to attaining success on many trades.

Still, the OP defines ot differently, not one that focuses on success on the field but one that works with a firm and is being paid a salary.

Don't know why one could be so good and still choose to leave on salaries.

This is the most common misconception that we had when defining a professional trader, so thanks to the OP for having such post in order for us to correct our mistakes. I think those who are defined here as professional trader are not really that good enough and have a 100 percent winning rate every time they make a trade. They are not confident on risking their own money to make more money, that is why they just work for someone else.

You can ask the same question to your self. Why you are still there on your current job if you think you are skillful enough to live on your own? It's because there are still uncertainties and a problem can occur at any time.

Mr.right85

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An eye watering read it was but, worth the time spent going through it. Certainly something that would prove very useful to beginners on the forum and clears certain misconceptions about the term.

There are ideas that have spanned through assumptions of what could be that precedes what is. Like, a lot of users on and off forum assumes the term to describe;

1. One that has taken up trading for a career, not necessarily working or trading for a firm.
2. The second term focuses on the trader haven't closely perfected his or her analysis to come very close to attaining success on many trades.

Still, the OP defines ot differently, not one that focuses on success on the field but one that works with a firm and is being paid a salary.

Don't know why one could be so good and still choose to leave on salaries.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: ?? on ??

Retail traders are the ones who trade with their own hard-earned money, hustling from the comfort of their homes. They're like the "do-it-yourself" traders, taking charge of their own funds and making it rain (hopefully!).

Professional traders are those who are in the field offering services legally, I can say the fund managers are a good trader and more conservative at the same time. Retail traders can still be ok on their own but if you are going to believe on their trading strategy, that can’t still make them professional trader.

Huppercase

hero member

Activity: 952

Merit: 552

Quote from: davis196 on July 02, 2021, 06:47:04 AM

Great guide,but I have one question.
What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?
Trading is just trading.I know that the professional traders make less mistakes and have better risk management,but who cares.At the end of the day,almost 100% of all cryptocurrency traders are amateurs.
I have never seen a professional cryptocurrency trader,who is trading with other people's money.
The people,who claim that they are professional crypto traders and provide such services are 100% scammers.

You seem more like a person who is attacking a fellow person than sharing your opinion, the forum is simple to understand and that is why we are all here, easy to learn and there are some people that love reading some writting that has been summarize for easy understanding. If you give another person to write this guide, it may look different and learning it might even be difficult to understand but I will admit that I like this one.

Secondly, because you think something is the same will be different from another person opinion even when you are the right person, don't generalize and say trading is trading, they are different and this is just one of it that OP has explained but you are right about professional traders been scammers, we really do have them just that they are few in numbers and scammers used them as bait to scam people of the their money.

Aanuoluwatofunmi

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Quote from: Symmetrick on July 02, 2021, 03:46:17 AM

In short, retail traders use their own money to trade, while professional traders trade with funds or investment banks. Retail traders trade at home from a private account. Professional traders go to work for which they receive monthly salaries and trading bonuses for successful trades. A retail trader's task is to earn as much money as possible using his own funds. The professional trader has slightly different tasks.

Thanks for this insightful knowledge passed across whereby everyone of us trading will know the category to where we fall or belongs as either a retail trader or a professional trader as it has been shown and explained on this thread from your explanation, so some of us who have the understanding of the trading patterns and strategies, it is also very important that we know the kind of trader we are, we cannot compare our individual retail trading which we often perform even with the use of our mobile phones compared to a standard trading organizational settings which are the professional traders in the office, one can also come to that level of becoming a professional trader when we have enough resource to meet up to the required standard and be an organization as well being a professional

palle11

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Activity: 2366

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Quote from: Symmetrick on July 02, 2021, 03:46:17 AM

In short, retail traders use their own money to trade, while professional traders trade with funds or investment banks. Retail traders trade at home from a private account. Professional traders go to work for which they receive monthly salaries and trading bonuses for successful trades. A retail trader's task is to earn as much money as possible using his own funds. The professional trader has slightly different tasks. Let's talk about this in more detail now.

This is the detail understanding of the difference between professional trader and retail trader and the different factors pointed out are what put out the difference. Professional traders don't take personal risk, they rely on trading bonus and salary and this explains why they have lesser emotion to the market and they can take profitable risk on the long term. For a retail trader, he may run out of a future profiting trade because of fear of losing his money. Some trades that retail trader finally become a profiting trade but the retail trader exit faster while the professional trader stays on and accumulate the profit on a longtime. The retail trader is equally experienced just like the professional trader but finance set them apart especially because whose source the funding come from. Of course, the fund also determines the emotion and confidence level.

Stepstowealth

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Activity: 658

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Quote from: ?? on ??

Retail traders make a lot in the short run. Many retail traders do not earn anything over a long distance (say 3-5 years). Over the long haul, professional traders are much stronger than retail traders.

Thank you for helping to clear the difference between a retail trader and a professional trade. There will be people who have always not known the proper difference between them both and have called people who are not professional traders professional traders because of what they think is correct. I have had some confusion about the two before and always have seen it to be that a retail trader becomes a professional trader by getting more experience, but this topic has cleared all that. It takes more than just experience to be referred to as a professional trader,.

semobo

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Activity: 1498

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That's nice guide which explains a lot about trading but I don't think it explains who is the most successful or which module brings more revenue? I would say retail traders are going to make more money than actual professional traders unless they own their consultancy and being and employer to other professionals.

tbct_mt2

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Activity: 2366

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Professional traders are traders who can be able to cut loss quickly. They don't hesitate to cut loss and close their positions with a draw.

As traders, they know the market will give them other entries, and closing a position is not bad. Traders don't mind much about trend, what they mind is entry and exit price for their temporary position.

RealMalatesta

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Quote from: davis196 on July 02, 2021, 06:47:04 AM

What's the point of you posting this guide on the forum?

So that fellow traders can learn about trading, I guess even though hardly 10% of the readers will read it fully and most of them might not even realize what to learn, it is always good to have a good read on the forum because every other thread is about strategies where people are looking for a hard and fast rule for cryptocurrency trading, which I don't think exists.

Quote from: davis196 on July 02, 2021, 06:47:04 AM

Trading is just trading.I know that the professional traders make less mistakes and have better risk management,but who cares.At the end of the day,almost 100% of all cryptocurrency traders are amateurs.

Not really, I might have agreed with the 100% statement if you said it in 2015 but now the market has lots of serious traders and even some fiat investors are getting involved in cryptocurrency trading so I don't think all the traders are amateurs now.

Good content to read but I would have loved some insight on crypto trading as well because the guide is more focused on explaining what is a retain trader and what is a professional trader. Still worth the time reading it, so thanks Ratimov.

Desmong

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Crypto bookmaker and casino

Quote from: davis196 on July 02, 2021, 06:47:04 AM

Great guide,but I have one question.
What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?
Trading is just trading.I know that the professional traders make less mistakes and have better risk management,but who cares.At the end of the day,almost 100% of all cryptocurrency traders are amateurs.

There is more to trading rather than making profits, so trading is not just trading like newbies would say.

Quote

I have never seen a professional cryptocurrency trader,who is trading with other people's money.

They are but are few cause the cryptocurrency market has few factors that could influence it and the market is not stable, very volatile in nature which is the reason why most firms are not interested in it.

Quote

The people,who claim that they are professional crypto traders and provide such services are 100% scammers.

This funny but true! Collecting money from people to trade does not make the person a professional traders cause I've seen a lot of people and firms falling into depts and financial problems just because they were getting money from people to trade.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: davis196 on July 02, 2021, 06:47:04 AM

Great guide,but I have one question.
What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?

It might be good education for newbies that not many people can make money trading.

It's quite a weird guide though because it starts off by trying to say there's one type of trader that exists.
Some retail traders, for example, won't bother or need to bother adding additional funds to their account because their risk management should be good enough. There's the question of the definition of "market making" too, is if just processing other peoples orders or is it adding resistance to resistance zones and support to supports.

There's also the thing that investment bankers might be hedges against each other in large companies like the ones shown in the OP as one following one thing and another following another might mean the company itself is counter trading.

AakZaki

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zknodes.org

Quote from: Mpamaegbu on July 02, 2021, 07:04:54 AM

~snip~

To be able to activate the potential that is within us, we also have to make a form of effort. Hard work will give satisfactory results. Study and keep study.
professional traders or retail traders, both have the opportunity to get more profits. there are indeed many differences, but these differences make both of them have limits. it's just a matter of choosing whether you want to be a trading professional or a retail trader. Hard work will decide.

Mpamaegbu

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Once a man, twice a child!

Quote from: Symmetrick on July 02, 2021, 03:46:17 AM

Sorry for my english. Roll Eyes

Your English is okay 😏, and the points made there apt. The points in the difference between them reminds me of myself as a retail trader and that's true.

Quote from: davis196 on July 02, 2021, 06:47:04 AM

What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?

There is a lot of benefits for newbies if they mean to read through it and memorize them. Remember, that knowledge is potential power. Until one activates it, the knowledge lies in waste. You might've known all that the OP has said long before now but that doesn't mean others already known them. So, I guess OP is talking to that set who are ready to listen and learn.

davis196

hero member

Activity: 3164

Merit: 937

Great guide,but I have one question.
What's the point of you posting this guide on the forum?
What's the benefit for the newbies,if they learn about the difference between retail and professional traders?
Trading is just trading.I know that the professional traders make less mistakes and have better risk management,but who cares.At the end of the day,almost 100% of all cryptocurrency traders are amateurs.
I have never seen a professional cryptocurrency trader,who is trading with other people's money.
The people,who claim that they are professional crypto traders and provide such services are 100% scammers.

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