Topic: How to become a professional Trader (PRO) ? (Read 949 times)
I want to learn more
A good piece of advice, however for me, i think to be able to become a professional trader you need to undergo circumstances where you would face some problems in trading so that you can have a good experienced, also if you had fail in your first attempt, it can be your motivation not to fail again, perhaps you would learn from what you have done.
More experience and more knowledge will have gotten by the traders to learn from their past experiences. This is the main key that has been doing by so many pro traders. Loss is just a common thing for them all. People needs knowledge and they can get from doing it.
Whatever you say, in the end it is the experience that will make one a "professional trader". The more you keep on trading and the more time you spend on trading, the better you will become. You will learn a lot through your trading sessions, you will also make a lot of mistakes. Try to understand what you are doing and learn from those mistakes.
Everything you mentioned (having right mindset and capital management) will come automatically once someone gets used to trading.
Everything you mentioned (having right mindset and capital management) will come automatically once someone gets used to trading.
If you want to do something well, do it yourself. No matter what they explain to you, no matter how much-experienced mentors tell you until you try to do it yourself, you won’t understand anything. Experience is the key to success, however deplorable. No way without it.
The expert traders employed by companies like crrypto funds and investment crypto market. Some day traders do make money from crypto market . However, the odds are definitely not in your favor. One research report published by several crypto professors determined that in any given year. though this can increase dramatically as a trader gets more experience and their results improve.
One thing I believe is that there is someone out there that have achieved what you want to achieve though maybe not to the extent you want to achieve it, so all you need do in order to become a professional trader is to contact professional traders who are way ahead of you to teach you all about the trading market, you can make them your mentor at that particular point in time so that you will learn the secrets of becoming a professional trader.
I think not everyone can approach a professional trader to study, most people will have to learn by themselves and go their own way. But in reality most people will give up and they cannot become a professional trader. 
There is actually requirement of becoming a professional trader but this one Im sure about them is they have more knowledge about crypto trading because you will not become a pro once your knowledge is a little only .
It doesn't matter if you are pro or beginner the importance with that is earning money . Im not a pro until now but I can earn money weekly and I think that is enough .
It doesn't matter if you are pro or beginner the importance with that is earning money . Im not a pro until now but I can earn money weekly and I think that is enough .
A professional trader, one who has a license to directly trade on the exchange. This is not a private fan, and in order to become one you need to gain experience in trading and understand all the nuances of this business. This is a lot of work and desire, and then you will achieve your goal.
PRO traders doesn't always mean if the trader must have a lincensed. I should remind you that if this is crypto which all of platforms were open source platform and everyone can use it without needed any license as a key to use the platform. A thing that has needed to be a pro trader was experience and knowledge.
The best way to earn in trading is buying low and selling high, but it's way better to have both BTC and stable coins e.g usdt or usdc, their time will come where you will need one of the too, with this you will be able to take advantage of both bear and bull market
A professional trader, one who has a license to directly trade on the exchange. This is not a private fan, and in order to become one you need to gain experience in trading and understand all the nuances of this business. This is a lot of work and desire, and then you will achieve your goal.
I thought, to become a professional trader, you need to have good knowledge, have a business mind, you must understand market trends, and of course, you also need a lot of experience. And in fact, greed is a common problem for traders. To overcome this we need experience as well as careful planning before investing.
This thread suits better in the Trading Discussion, OP. You should move it there, plus if there's reference you get that info, you should put a link into it.
Newbies would appreciate reading those tips at the board I mentioned rather than here.
Newbies would appreciate reading those tips at the board I mentioned rather than here.
How to become a professional Trader?
First we need to understand what Trader is?
In the financial market, Trader is an individual who makes purchases / sales of financial products such as forex pairs, securities, indices, gold, silver, cryptocurrency, etc. under nominal of myself or representing other organizations / individuals. When it comes to Trader, it is about short-term speculation and seeking profit through price difference, in contrast to the term Investor (investor) who is trading in a longer time frame .
1. Have a right mindset
When starting to become a Trader, traders will face many new factors of this profession. Trading in the financial market so far has never been an easy job. Some statistics show that the number of Traders failed in the financial market ranged from 85 - 95%, which is a relatively small success rate. Some of the right minds about being a Trader are:
Trading in the financial market is not a quick way to get rich. There is no method to ensure 100% victory when investing in financial markets.
In order to successfully trade, Trader must have a strict, specific trading plan, and especially must strictly follow the trading plan. Be patient because the success of a Trader will come for a long time
2. There is an effective trading system: Any Trader who trades on the financial market must have an effective trading system, proven over time. This trading system must help Trader identify some important elements of a trading plan, including
How to determine market trends to determine market status at the present time (uptrend, downtrend or moving sideways)
How to specify the market entry point
How to specify the stop loss of the order
How to specify the key-point of the order.
There is a trading system that helps Trader limit the impact of emotions on the transaction, ensuring the objectivity of the investment
3. There is a strict capital management rule
Investment in the financial market requires investment capital. Strict investment protection and management is a prerequisite for Trader's success. In its capital management rules, Trader needs to clearly identify some points
Order volume for each trading order on the market
Acceptance risk level of each transaction (consultants should only be 1-3%)
Risk level accepted for each trading day, every trading week, each month of transactions, ..
Above is the article: how to become a professional Trader ”hoping to bring you the most useful knowledge. Trader is a simple job. To become a professional trader and earn money from financial markets, especially electronic money, you need time and perseverance to learn more than knowledge and practice, even to consume money. Good luck.
Anyone can be a pro trader through learning and experience. Understand the flow of the market with the right mindset and not only focus on how to earn quick because it has a process. Being greedy is the problem of traders thats why they are losing their money, to avoid this we need a plan and strategy.
Its better to take it slowly and gain experience because thats one of the step to be a pro trader.
Its better to take it slowly and gain experience because thats one of the step to be a pro trader.
Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market. 
That means beside the technical analysis and OP must try to learn how to determine the trend based on the fundamental analysis and we can the news as your data to speculate what will be the sentiment that happening in the market.
Becoming a pro in trading crypto currency is beyond having a right mindset or management skills.
Trading demands you to read, study, master the arts of chart reading, source out for information, relate it to the curves of the trade...
Then practice, fail, practice, fail again until you are able to understand a strategy suited to your personality
Trading demands you to read, study, master the arts of chart reading, source out for information, relate it to the curves of the trade...
Then practice, fail, practice, fail again until you are able to understand a strategy suited to your personality
Like I keep saying, you only become the best by learning and continuous learning. You need to keep asking questions, go to some good resource directories like YouTube, learn from those who have been in your position in the past. Get a notepad of modules and keep learning. Watch lots of videos on different strategies and find out what works and what doesn't. Also, when you have had a hang of it, use the demo trading feature on exchanges like koinpro to perfect your knowledge. Do this repeatedly and you will get to the top.
Well, to become a professional trader you must first learn at least the basics of trading cryptocurrencies. Without such knowledge, you risk losing your capital fastly. In fact, that's the real difference between trading and gambling.
Also, you have to build your experience in trading with time, you will learn a lot from your trades.
Also, you have to build your experience in trading with time, you will learn a lot from your trades.
Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market.
The demo account is used temporarily in order to understand how to trade properly while the OP is asking to become a PRO, in my opinion to become a PRO is not easy because it must have a lot of experience that can be used to know what will happen if you take an action in trading, so the point is when you have a lot of experience it will automatically become a professional trader. 
Before you start it is good to try your trading skills on demo account. Do not forget that technical analysis doesn't always have to be the only method, for example Bitcoin is mainly affected by sentiment in the market.
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