Topic: Can I become a professional trader? - page 6. (Read 1275 times)
Anyone that started from a scratch can always have the chance to be a professional trader. However, know that the process is actually tough, so if you think you easily faint, trading will never be suitable for you. And trading is not just all about technical, fundamental or candle analysis, it’s actually more than that. If you don’t have the right attitude to combat trading uncertainties, then you will never be good enough. And most importantly, patience is a must that you should always carry when you’re in trading.
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.
After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -
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
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
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.
After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -
- 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
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
Yes u can after u have lost 80% of your capital first then u will be professional and get back what u lost
To make a profit - you don't need to make trading a career. Trading doesn't have to be about doing it every hour or every day to make a profit - but someone can still make big profits even if they only trade once a month. A professional trader doesn't act like a day trader - I mean, they wait for the right time to buy a lot and make huge profits from it.
Of course - technical analysis, fundamental analysis, and charts are needed to support your plan. But you don't need to make trading a career even though you can make worth it profits. Trading won't always give you profits - one day you might incur a loss that is bigger than your accumulated profits in a month.
Of course - technical analysis, fundamental analysis, and charts are needed to support your plan. But you don't need to make trading a career even though you can make worth it profits. Trading won't always give you profits - one day you might incur a loss that is bigger than your accumulated profits in a month.
After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -
Yeah, it is indeed a lot of things you need to learn before becoming a professional trader and that is the reason why only a few traders achieve it. But I will tell you that it is not just enough to learn those things you have mentioned, we will also need to be more patient and know how to respond in critical situations. Many traders fail because they are emotional, a kind of behavior that will make us down. - Technical analysis
- Fundamental analysis
- Candle Analysis
It was not too hard to learn trading but what made it so difficult was the actual trade which already involved decision-making. It is a big challenge for us if we are too emotional, a cause of usual mistakes ( wrong place of order, ruins the plan, etc).
Every thing is possible if you are willing and ready to do all it takes to get to that level, becoming a professional trader will require you a lot of time to learn from good traders which may take some time depending on your learning ability but choosing trading as a career means you are ready to accept the outcome of what you will gwt when you trading.
For a beginner I think I will suggest you don't take trading as a career for now so that you won't encounter losses but when you have gotten good experience and have the right trading analysis you can decide to go in as a full time trader.
You would really be needing to work your ass off if you are really that planning on trying out to achieve something on which it would really be just that normal that you would really For a beginner I think I will suggest you don't take trading as a career for now so that you won't encounter losses but when you have gotten good experience and have the right trading analysis you can decide to go in as a full time trader.
trying out to pursue your goals and if you are really that serious on trying or becoming an expert or professional trader then you should be start on working hard now.
Learn up all the things that you could possibly do and able to learn up the rest with those real time experience with your trades. The key on here is that you shouldnt
really make yourself that being rushed up on learning everything in a short time because it cant really be just that possible for it to happen. It would really be taking lots of time and effort before you could
be able to have that good grasps of everything or even lets just say that it wont be easy but its not something impossible.
All the resources needed to becoming a professional trader is right there online it's up to you to start the learning process which is going to take a long period of time to become a profitable trader, that is why it is advisable to have an alternative source of income to cater for your daily needs as you embark on the journey of becoming a trader, of course Technical Analysis should be your topmost priority where you learn Candlestick patterns, Price Action etc while Fundamental Analysis would help you view the likely sentiment of the market after the News if the news is positive market sentiment would be bullish then Knowledge in TA would help in entry likewise if the news is negative.
You can develop yourself on trading as a skill but not as a career to me I am not a professional trader because it requires lots of time to be able to understand how to become successful in trading, as beginner and someone who is venturing into trading newly you might get the wrong perspective about trading as I know that it's not a place where you can double your money so quickly and faster without you going through thorough training even though you finds it very lucrative you will have to spend a lot of time to be able to start making profit, the main target should be how to be more perfect while trading without incurring much lost.
Yes, to become an expert in trading, you have to spend a lot of time there, but profit from trading is not guaranteed because many times the market crashes suddenly, which is not possible to predict even for experts. So I think it would be better if you spend more time on other potential skills instead of wasting time on trading. So I also don't spend much time in trading and I am not an expert about trading too. And I always use bitcoin for trading because it has a lot of potential and there is very less chance of big loss. 
Every thing is possible if you are willing and ready to do all it takes to get to that level, becoming a professional trader will require you a lot of time to learn from good traders which may take some time depending on your learning ability but choosing trading as a career means you are ready to accept the outcome of what you will gwt when you trading.
For a beginner I think I will suggest you don't take trading as a career for now so that you won't encounter losses but when you have gotten good experience and have the right trading analysis you can decide to go in as a full time trader.
For a beginner I think I will suggest you don't take trading as a career for now so that you won't encounter losses but when you have gotten good experience and have the right trading analysis you can decide to go in as a full time trader.
Trading is not something you should totally or wholly depend on as a career or job but should be something you do as an alternative source of income because of the amount of risk that is attached to it , and too there is no guaranteed daily profit making ,except for the fact you have traded for number of years and have evaluated the results, and you are so profitable that the money you make from trading is way far more than what your job pays you and enough to cover your bills and thus making investments with the profits, then you can consider paying a reasonable attention to trading or making it a career as you wish .
The issue at hand is that the market is currently not looking good, so trading may not yield a profit every day. Therefore, in addition to gambling, you should also have a side business or job so that you don't put all of your eggs in one basket. This way, if things go wrong financially, you will still have your job or investment to support you, and you won't even be reticent to spend your investment money because if you don't have another source of income, you will wind up spending it all. and when you start trading you won't make a profit immediately and it will take a little time before making money. and if you have a job it will support the trader seriously, it is all in the strategy, nothing good comes easy. Can I become a professional trader?
Yes of course if you want it hard enough and put your mind on it to 100%. Have patience. It will take time, long time and you will fail many times before you success its here many people fail and quit, but that's just because they are weak minded. Think what Zig once said.
"You don't have to be great to start, but you have to start to be great." - Zig Ziglar
- Technical analysis
- Fundamental analysis
- Candle Analysis
If I can master the above I think I can be a successful trader.
This is not as important as one think it is. You can get surprisingly far with very little analysis.
Understanding risk mangement and mastering the psycological aspects of trading is much more important.
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
I am professional: You are on the right track here. You need to study and learn for the next few years before you can even start making profits consistently. Mentorships and trading groups are great, people will stand in line to take your money. There are very few people that is real in this business. My best advice to you is take it slow, start studying, read the basic books take the "20 trade challenge" on demo account, once you learned the basics, then start thinking about mentors and groups. You are not going to like what I say now: you need to be very patience, it will take many years for you to be successful and there is a lot of studies in front of you. You can make it, but you need to have a regular income to support your trading endeavors. You have to think 10 years ahead, if you can last 10 years without going broke from trading, then have you made it.
We all have the chance to become a professional trader but you will be wondering why only a few reach that level.
Yes, by chance we all have equal, but people are impatient, people are always rushing to become successful traders in just a few days and so they fail.
If you are active in social media and follows some of these social media traders, you will begin to understand why people are in a rush to become rich within few months of them joining trading. Social media is practically awash with supposed successful traders in their expensive lifestyle most of who are scammers, advertising mentorship and various brands of scam. It will really be difficult for anyone that is entangled in this frenzy to resist the urge of quick wealth. This is the source of all the trading errors, shortcuts and poor financial management that people exhibit. If one must succeed in trading , the first thing to do is to avoid falling into the traps of these social media hypes. Yes, by chance we all have equal, but people are impatient, people are always rushing to become successful traders in just a few days and so they fail.
If you want to become a professional trader, then must work on it and acquire all the knowledge needed. Don't expect it achieved so easily but expect more on hard work, and patience, and one must learn from their mistakes. It is simply to say "I have to do this and this" but you will find it hard in actual trade.
By professional trader are you suggesting making trading your full time job? A lot of comments here already suggested that crypto trading is too risky to be taken as full time job. For safety, it could just be seen as a means of earning passive income so that you will not be pressured to take trades when you are not supposed to. 
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.
After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -
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
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
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.
After searching various online platforms youtube twitter different places I realized that if I want to do cryptocurrency trading it is very important for me to learn many things first including -
- 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
Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
You know it doesn't matter if you say that you are a professional trader, because I have seen many people on social media platforms like YouTube who claim to be professional traders, but they are the opposite of what they say. What does that mean? Others pretend to be professional traders because they are just trying to make a lot of money by buying and selling. After all, the price suddenly rallied, even though they still had zero idea about crypto trading. They felt professional and immediately called a mentor themselves because they made money.
Because it is better not to claim to yourself that you are a professional trader, but that the trading activities that you do reflect in your actions that you get profit and that you understand trading tools so that you can do technical and fundamental analysis, rather than you are a self-proclaimed professional trader but you are not able to use the trading tools because you do not know where they are used so that you can do technical analysis instead based on guesswork without basis what others are doing.
Trading is not something you should totally or wholly depend on as a career or job but should be something you do as an alternative source of income because of the amount of risk that is attached to it , and too there is no guaranteed daily profit making ,except for the fact you have traded for number of years and have evaluated the results, and you are so profitable that the money you make from trading is way far more than what your job pays you and enough to cover your bills and thus making investments with the profits, then you can consider paying a reasonable attention to trading or making it a career as you wish .
It is hard to become a professional trader because you need to learn many things, and that needs time before you can be a pro. The platform will be the same, but you must have the capability to analyze the trade, know how to enter and exit, know how much money you should use every time you trade, etc.
Count the time being that you need to master every lesson, which is not unknown because that will depend on your understanding of the lesson. Many people fail to learn every trading lesson, so you need to make a big effort to learn every lesson of trading.
Count the time being that you need to master every lesson, which is not unknown because that will depend on your understanding of the lesson. Many people fail to learn every trading lesson, so you need to make a big effort to learn every lesson of trading.
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- Technical analysis
- Fundamental analysis
- Candle Analysis
Even if you manage to learn the types of analysis you have listed in crypto trading, this will not be enough to make a profit, since although it is an important part of learning, nevertheless it is only theoretical knowledge that will be of little use without practice. Accordingly, you should be patient, as it will take a long time to gain experience.
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Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
Most traders are self-taught, and the reason for this is that for you to get formal trading lessons you will need to have near you a person that can trade the markets that can teach you for free or pay for expensive trading courses which can cost thousands of dollars just for a single week of instruction, so most aspiring traders do not have any other option but to learn how to do this on their own, however if you are really going to embark in that journey I recommend that you learn money management principles, as that knowledge is what it is going to save you from making costly mistakes.Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
that is true, most crypto users that have been here started from scratch. we all suffer losses at some point. and even up until now, if we are not too careful with what we are doing esp. if we haven't done our homework.
Trading doesn't mean that your future is secured and that is why you should only see trading as a part time job and not a full time job. This is because, it is very risky and has no guarantee that you will make profit, especially a newbie like you who just want to start learning on how to trade. Trading needs special skills, and it is not every trader that can be patient with the market. Get a primary source of income so that you don't get frustrated and regret your actions in case trading fails you and run at big loss. The volatile nature of bitcoin and cryptocurrency at large makes it not easy to make profit. If you must trade, you should only use the amount of money that you can afford to lose, so that you can have experience of the market. Remember, to be a good trader, you must be able to control your emotions. It is better to invest, as it is easy to hodli and build up your investment, than trading, because trading is complex. Trading is easy said than done.
Everyone is trying their luck in trading, and while not everyone will be successful, you never know unless you give it a shot. If something doesn't work out, people should give up and try something new. Everything is worthwhile to attempt. And the reason it's considered a part-time employment is that the market doesn't always favor you. There is a lot of uncertainty because you could lose money or not make a profit. Trading involves more than we might think. It's a skill that must be mastered, and as you trade every day, you become more knowledgeable about a variety of topics. It will be easier if the trader has a second job. Furthermore, it will take some time for a novice to begin turning a profit, meaning that only a select few will make it through. 
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Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
Most traders are self-taught, and the reason for this is that for you to get formal trading lessons you will need to have near you a person that can trade the markets that can teach you for free or pay for expensive trading courses which can cost thousands of dollars just for a single week of instruction, so most aspiring traders do not have any other option but to learn how to do this on their own, however if you are really going to embark in that journey I recommend that you learn money management principles, as that knowledge is what it is going to save you from making costly mistakes. Is there anyone here who is a professional trader, I want to help him that apart from the above mentioned things, what should I know as a professional trader, do you know of any platform or site from where I can take professional trader training ?
Anyone can be a professional trader but it is not just by saying it, but also needs actions and courage. Because a lot of people asking it by the problems, they are not even doing harder instead, they take it easy thinking that they can manipulate the market and win. No, not exactly the way it works because even if you know TA, candle stick reading, and learn all trading tools this won't assure your success. Why? That matters in your decision-making and emotional dealing, and most traders fail because of these things.
In trading, it is not just knowing how it works but also, tried adopting the situation and control ourselves.
In trading, it is not just knowing how it works but also, tried adopting the situation and control ourselves.
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