Pages:
Author

Topic: Can I become a professional trader? (Read 1173 times)

sr. member
Activity: 787
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
March 08, 2024, 08:50:26 AM
Yes, actually you can become a professional trader. If only you take trading as a day to day activities not just knowing the analysis and technical techniques on trading, first of all, you have to know the basics and you shouldn’t be scared of taking the ricks because one thing about Trading is taking the ricks and obviously it’s going to be a calculated risks Yes we all know that Trading is gambling is not something we should go into market even when we are not sure but to be a professional traders you have to test a lot of ricks and techniques so that you can be able to discuss with someone that you have passed through this. You need a lot of experience to be a professional trader. Just continue what you are about to do you are right on it.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
February 13, 2024, 08:45:26 AM
  • Technical analysis
  • Fundamental analysis
  • Candle Analysis

If I can master the above I think I can be a successful trader Another thing I noticed is that when the market goes up or down again, no chart or technical analysis or fundamental analysis works Do I have to depend on the news or should I pay attention to the news that if there is good news in the market the market goes up a lot and bad news actually the market goes down a lot I am gaining knowledge from YouTube or different online platforms to become a professional Cryptocurrency trader
If you learn all of those, then you have the capability to earn the profit. But it doesn't mean you will be guaranteed to get those profit because people have different understanding to apply those analysis into their daily trading. People would apply the analysis differently based on their research and other analysis before making a decision about what action should they pick and it depends on the situation of the market. If you copy other researches and then you do it by yourself, the result is different.
jr. member
Activity: 0
Merit: 0
February 13, 2024, 05:15:30 AM
I suggest you keep learning as you are doing now.
Though becoming a professional trader is very possible,it just you enrolling in a mentorship class been organized by a profitable trader, when you have successively reciprocated what you have learnt you on the chart you are good to go.
But before you switch to make it your career you should have attained a stable and consistent profit.
hero member
Activity: 1274
Merit: 503
Bitcoin Casino Est. 2013
February 09, 2024, 05:41:41 PM
Sure ,Any one can become a professional trader with time .One need to acquire the skills by learning the process preparedly going through various trading courses or enrolling in a mentorship program . Despite that it takes a lot of effort and time to become a professional and profitable trader.
As long as someone has the desire to become a professional trader in any market, of course the level of effort to get the things needed cannot be lacking. Because every job or certain knowledge that is still unknown really needs to be studied and you have the intention to look for it in any way as long as that method is easier to do. Nowadays there are many guides and courses about trading which are easier to find and study carefully at any time with proof through your own practice through the market.
sr. member
Activity: 2072
Merit: 337
February 06, 2024, 05:51:42 AM
Bro trading can never be a one man profession, because trading is an uncertain thing. There is no guarantee that you will always profit from this (no matter how big a professional trader you are). Just as big profits can be made from trading, there are sometimes big losses too. And to compensate for that later, you have to suffer a lot. So trading should never be chosen as a career. But yes, you can do trading if you have a fixed income every month.
You sound like you are referring to gambling because that is not how trading is. Why can one not choose trading as a career if they have the skills and knowledge for it? Trading is not solely based on luck, it's gambling where you need the luck to be on your side for you to make money, but when it comes to trading, if you understand the market and know all the tactics and strategies and ways of the market, you can earn money from it without a doubt.

I know a lot of people who are professional traders, they earn a living through trading, and believe me, they are doing much better than a lot of people who are working at high-paying jobs and utter bad words for online businesses, cryptocurrencies and all other stuff related to them.
full member
Activity: 574
Merit: 140
Chainjoes.com
February 04, 2024, 03:22:00 PM
Yes not only you everyone can become a professional trader. I think there has no binding to be a professional trader. But to be a professional trader you have to follow some rulls and also you have to learn more and more.Without proper knowledge about trading you could not be even a normal trader. And to be a professional trader firstly you have to follow something like-
* You have to invest time first.
* Following trading rulls.
* Gather knowledge about trading.
* You have to Learn more about trading and market analysis.
* Money management.
* Risk management.
* Reduce greediness
Finally need cool mentality and Quiet environment. If all were ok then anyone can be a professional trader there has no doubt.
member
Activity: 312
Merit: 18
#SWGT PRE-SALE IS LIVE
February 04, 2024, 12:52:55 PM
Bro trading can never be a one man profession, because trading is an uncertain thing. There is no guarantee that you will always profit from this (no matter how big a professional trader you are). Just as big profits can be made from trading, there are sometimes big losses too. And to compensate for that later, you have to suffer a lot. So trading should never be chosen as a career. But yes, you can do trading if you have a fixed income every month.
jr. member
Activity: 1652
Merit: 3
February 04, 2024, 10:45:16 AM
Sure ,Any one can become a professional trader with time .One need to acquire the skills by learning the process preparedly going through various trading courses or enrolling in a mentorship program . Despite that it takes a lot of effort and time to become a professional and profitable trader.
full member
Activity: 326
Merit: 135
February 04, 2024, 10:29:13 AM
Becoming a professional trader will take a long time of effort and hard work.  You cannot become a professional trader very easily even if you want to.  There are many qualities required to become a professional trader.
 Even if you are a professional trader it will cause you loss.  Because cryptocurrency trading can never be a full-time job.  You can keep trading alongside your work so that it doesn't interfere with your lifestyle.  You should take up trading only for investment purpose if you want to live by investing and investing profit then it will never be possible.  Because there is no guarantee of profit every month from trading.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
February 02, 2024, 10:34:45 PM
YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.

I agree that we need more experience on real trading because when we have lots of experience in trading we will have more intuition and a lot of strategy to choose where the next movement is. We can utilize demo trading to sharpen our experience if we lack capital, our experience will gradually increase along with how to manage our emotions such as patience, dedication, greed, etc. Don't easily get affected by influencers out there cause it's only will benefit them.
with experience we can cover our trading shortcomings so that later we can become professional traders. It's not easy to get there, but we can do it according to the process we go through. in theory maybe we can master it immediately, but trading practice will be different from theory, but in practice we need theory to implement it. there is no pro trader who has not experienced failure, and of course they now know how to overcome it
sr. member
Activity: 1190
Merit: 296
February 02, 2024, 10:28:42 PM
Always remember that a professional trader does not become a professional trader in a day and he was a new trader in the beginning of trading and he has become a professional trader from a new trader. You can start trading but after starting you must try enough, the more you work on trading the more you try to learn and the more you apply practically the more you understand about trading. In a new situation, your decision may be wrong or something contrary to your decision may happen. At that time, you should not be disappointed. You should strengthen your mind and you will be a professional trader. You should pay more attention to this matter. Market analysis, proper candle observation, chart observation in the market are all things you must learn seriously and have enough patience power. If you have the patience, strength, courage and determination to achieve your goals, then you must be a professional trader.
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
February 02, 2024, 09:10:07 PM
YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.

I agree that we need more experience on real trading because when we have lots of experience in trading we will have more intuition and a lot of strategy to choose where the next movement is. We can utilize demo trading to sharpen our experience if we lack capital, our experience will gradually increase along with how to manage our emotions such as patience, dedication, greed, etc. Don't easily get affected by influencers out there cause it's only will benefit them.
hero member
Activity: 2702
Merit: 517
February 02, 2024, 07:38:01 PM
YES, but to become a professional trader doesn't just come with words but more on actions.
 - focus
 - dedication
 - patience

Trading is a risky job but never thought that was too difficult to learn because things can be learned if we have to. But of course, don't assume that once we have knowledge, we become confident enough instead, keep on learning new things and ideas because the market trend is changing and we need to upgrade as well. Stay on the limits and keep mind healthy.
hero member
Activity: 2114
Merit: 506
#SWGT PRE-SALE IS LIVE
February 02, 2024, 05:56:42 PM
I'd also suggest for those people to only trade part time and don't fully rely on it when you're still new to it. There are many professional traders that are good and treated it as their full time but you don't know what's happening actually behind the scene.

Trading should not be full time because without experience it can drop your money and with experience it will take you away from your families and friends because trading requires more more than any other job. In part time trading you can easily learn from your mistakes, your losses will be small and you can also participate in other activities easily.
Yes, that's the key take away that we're saying that it shouldn't be taken as full time mostly to the new traders. If you've became experienced and you think that you can do it full time, try it.

I agree on this, having a real job and you do trading part time. You can still be considered as a professional but you've got a stable back up.

Professional traders are those whose profit is more than their loss and who knows better about techniques and strategies as well as have knowledge about coins. It does not means that if someone is not giving whole day to trading then he cannot be a professional trader but his success will decide about his expertise.
It's not about giving his time the whole day in trading but it's about doing trading full time that he allots most of his attention to it. Anyway, if you do it full time or not as long as you are good with the results, all your call to do what's necessary.
member
Activity: 392
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
February 02, 2024, 01:31:13 AM
To become a professional trader, you need to know the trading strategies. Beginners will need some time to do it. Becoming a professional trader is not that easy and you have to make a lot of sacrifices. First you need to decide the business idea or the right business plan and plan to start the business. The success or failure of a business depends on many different steps. Know the trading venues well before trading.
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
February 02, 2024, 12:48:47 AM

I'd also suggest for those people to only trade part time and don't fully rely on it when you're still new to it. There are many professional traders that are good and treated it as their full time but you don't know what's happening actually behind the scene.

Trading should not be full time because without experience it can drop your money and with experience it will take you away from your families and friends because trading requires more more than any other job. In part time trading you can easily learn from your mistakes, your losses will be small and you can also participate in other activities easily.


I agree on this, having a real job and you do trading part time. You can still be considered as a professional but you've got a stable back up.

Professional traders are those whose profit is more than their loss and who knows better about techniques and strategies as well as have knowledge about coins. It does not means that if someone is not giving whole day to trading then he cannot be a professional trader but his success will decide about his expertise.
full member
Activity: 644
Merit: 152
★Bitvest.io★ Play Plinko or Invest!
February 01, 2024, 07:20:04 PM
all newbie traders have great potential to become professional traders, but to become a professional trader requires many sacrifices such as time, money and energy.

but remember to become a professional trader, you have to be in the right community, the point is as a place to share knowledge and problems that occur when trading, never ever visit seminars that are not clear and also join telegram groups that are not clear, they all are scammers.
sr. member
Activity: 2268
Merit: 263
February 01, 2024, 06:34:01 PM
Making trading as your personal career might be hard and risky to think. Aside that it does not give you consistent amount of income, most likely there will be more losses than gains most particularly if you are still a beginner. But if you manage to overcome all the risks and be successful on them, you can be professional and profitable trader in the long run.

However, I still suggest to make trading as only your side hustle. Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

As said before, trading is uncertain. You cannot completely rely on trading. If you have to manage a family, pay regular bills and do other stuffs, then other than trading you need to have a serious job. You can do trading as a part time and do another job for basic needs. Trading isn’t sure money, as the market is very uncertain and unpredictable. So completely relying on it will be very difficult. If you ask me for my suggestion, then I won’t suggest to go for trading as the primary source of income.
Expecting income from trading to be able to take care of a family is not an easy thing to do and this is too risky, because we need money for family needs every day and if we cannot make a profit from the trading we do of course this will be very troublesome for us. on our own and it would be better not to rely entirely on trade.

I agree with your suggestion, it would be better to trade when we have free time and have to have a job that can provide a steady income for family needs, because if we only rely on trading as our main income, it is very difficult to see market conditions.
sr. member
Activity: 448
Merit: 294
February 01, 2024, 02:11:27 PM
I want to choose crypto currency trading as a career but I feel like I need to know a lot about it to choose it as a career and I don't think there is anything better to do from here.
As I am new to this place I am trying to know which aspects I can take Cryptocurrency trading as my career if I know well.
Do not take trading as a career. It will not be helpful. Have something else that is your primary source of income and begin trading with small amount of money that you can afford to lose. See trading as gambling, although it is not gambling but it is as risky as gambling.
I totally agree with your takeaway. Trading is not a career, so it is very wrong to think of it as a career. However, to become a professional trader, it is possible that if you study all the points you share seriously, you will be successful in trading.

In essence, when trading, treat trading like a lover, wife, or child. When you lose or accept a loss, assume that you are being given a risk. So there won't be any emotions. Because it is true that trading strategy is only 20%, the rest must have a strong mentality in dealing with defeat and a good mentality for recovery. And his usual mentality had formed like that of a gambler. You will get used to taking risks. Take the mental side of the gambler, then you will become a strong and professional trader.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
February 01, 2024, 01:27:19 PM
Making trading as your personal career might be hard and risky to think. Aside that it does not give you consistent amount of income, most likely there will be more losses than gains most particularly if you are still a beginner. But if you manage to overcome all the risks and be successful on them, you can be professional and profitable trader in the long run.

However, I still suggest to make trading as only your side hustle. Find a real job that will give you fixed and consistent profits, while continue trading at your free time so you can still make decent amount of additional income.

As said before, trading is uncertain. You cannot completely rely on trading. If you have to manage a family, pay regular bills and do other stuffs, then other than trading you need to have a serious job. You can do trading as a part time and do another job for basic needs. Trading isn’t sure money, as the market is very uncertain and unpredictable. So completely relying on it will be very difficult. If you ask me for my suggestion, then I won’t suggest to go for trading as the primary source of income.
Pages:
Jump to: