Topic: How to become a successful trader (Read 401 times)

If you want to be a successful trader , then you have to focus on the process and trying to get more knowledge about it. Ask people that you think that I’ve been trading before you make sure you read books about Trading go and watch some YouTube videos online more knowledge on Trading because Trading is not something you should just go into with that having a full understanding about it, you end up losing a lot but you can be Trading why you are learning more about it, you enjoy trading them more when you understand it more better and you get more knowledge about

You are correct, since if you do not have a solid income, it is not good to engage in trading because you will not succeed, and trading is not something you would simply engage in with the expectation of making a lot of money. Trading is beneficial, but you must first have sufficient expertise before you can begin to enjoy it. It is not like other investments that you can leave for an extended period of time and earn from. I don't think if you learn trading effectively and start making money, you'll want to do anything else again, because some individuals succeed at trading and transform their lives.

The first thing I notice. If you want to be successful in trading, you should first understand how to trade for 7 to 8 months before risking your money, and second, you should have a consistent income so that if you lose, you can acquire another money to risk and get your capital back, as well as profit if he likes you again. The final thing I'll say is to be patient because if you don't have patience, you won't be able to do anything. When you fail for the first time, you may be afraid and feel you can't win in trading anymore, sometime you lose so you may learn from your mistake and correct it next time when you stake again. but put in mind that trading is not something that is easy to do and get profit easily and is high risk more then investment.

Exactly true, trading is not as easy as people might think and see the results from other people. Grading is not gambling, yes it is not gambling. If someone thinks it is gambling, then they might be lazy about studying. The combination of various efforts made, lean ring process, emotional management, and also discipline in trading is very important. If one of them fails, then what happens is that it might fail too. Moreover, all of this also affects the ability to manage the fund. And fund management is one of the key factors in trading which functions to optimize profits and minimize losses.

Success in every work requires concentration and patience. Without these two, it is not possible to succeed in any work.  Trading is no exception. Trading requires patience. And concentration. The more effort you put in, the more success you will get. And trading is all about knowing and learning. The more you know about trading, the more success you will achieve. Basics of Trading  Trading theory can be mastered by knowing the rules and practicing more and more.

Focusing on the trading we do is of course very important, even though there is still the potential for experiencing losses in the trading we do, I agree with you, even though they have become experts as traders, we cannot prevent them from losing, but by focusing on the trading we do, this will can reduce the risk of loss that we will incur.
Continuing to learn trading is of course very important even though we already have the knowledge and skills and this will really help us in deciding something when trading which will give us the opportunity to make a profit from the trading we do.

it is good you focus on the process and also the same time focus on how to make money to because if your focus is to dependent on process you might be scared of taking some kind of risk, and to reduce the amount of stress it will be much better if you just hold and have your eyes on the market. because a lot of people are scared of losing there money so it will be better to focus on holding than trading because trading needs time and you must also know how to do market analysis. because a lot of people are always avoiding losing money and that is one thing that discourages people when it comes to investing or even trading they want to make money but they don't want to lose money which is not possible.


when anyone start trading there will be series of mistakes that will be encountered but continuity you will become a master in trading and that does not make you immune to losing money because even professional traders lose money this shows that nobody is an exception to this and it shows that you are learning and you will continue to be better at what you do. because the market can change even with your analysis done, and would you give up because of a view analysis. getting deep you need to have in-dept idea of what is going on in the market, it takes more energy than when you want to  hold, holding it setting your limits makes everything very easy. compare to when you want to trade.

if you think like that, then you should save your money and not invest and trade. If you save your money, then you will not find a big risk to the money you collect. but investing and trading, still come with risks. even if you have very bad luck you can lose all the money you have collected.
I agree that trading requires a process and sufficient capital. but if it is not supported by the development of trading skills, it is the same. keep learning and trying, it will make us better. In fact, I'm sure professional traders will also continue to develop their abilities.

Well, you can't say that one wouldn't have any loss if they stayed focused but it can reduce the potential losses they could get if they weren't completely focused. A trader can't trade without any losses at all, even if someone is an expert in the market, they will still have losses because you can't be right all the time, especially when you are in such a volatile and unpredictable market.

You are right about focus being a necessary aspect if someone wants to be successful in something, especially if it's something where you need to keep yourself updated with what's happening. When we talk about financial markets such as cryptocurrency market, one needs to know every single thing happening to be able to gain success.

That's right, bro, because all of this requires process and struggle, it is impossible for us to be immediately successful without process and struggle, in achieving all of this we must be consistent and learn from the failures we have experienced in the past.

Having sufficient capital, we can think ahead by allocating our funds for investment, so that we can manage them enthusiastically without feeling like giving up, because life in the future will be more difficult when we don't have enough savings.

Having money is an advantage, so we can easily grow an investment opportunity if we know it will cause growth in the capital that we have. Of course, it is necessary to be wise in choosing
the investment that we choose to make.

As long as we are always ready for the investment we will make, we must be willing to take risks in any investment that we allocate our capital to.
That's just what we always do as capitalists, right?

Trading is easy for those who have a lot of money and don't really need money in the real world so that when their money is trapped in the market it doesn't make them feel stressed. Many of them fail to become traders because they often panic when they see coin prices collapse and sometimes buy the wrong coins and even the trading method they use is very risky. One of them is the future trading method which can eliminate assets quickly.

They think that crypto is a classy way of earning money and becoming rich overnight. There's always the thought from the newcomers and sees crypto people have become rich doing that. They don't know that it's the same for everybody, you need to be knowledgeable as a trader and you need to be patient as an investor. So either of the two, they don't come easily and they have to grind all of their might until they reach to that point that they can make the actual easy money from the knowledge they have as a trader.

that's how it should be. We prioritize first exploring insight and experience in trading itself. enjoy the process and stay focused on the process itself. The most important thing is that we can be disciplined in learning everything from the start. Don't rush to get big profits in the near future because this will only put us at greater risk of experiencing greater losses. There are many things to learn. In fact, it starts from the management or financial management itself, which we allocate for trading capital itself. And after that we also have to be good at managing our emotions or psychology in trading itself. Because a trader's biggest enemy is actually uncontrolled emotions. Therefore, emotional management must be done and must be learned from the start. If not, we will only become traders who panic easily and become greedy. and fear and greed are two things that make a trader unsuccessful in trading. I personally may not be very good at trading. but I keep learning and learning. And we must be aware of our own limitations. And never force yourself. For example, in terms of capital, we can only use money that we can afford if we have to suffer a loss.

Even though these are the basics to becoming a successful trader most persons still feel that trading is so easy the way most influencers make it to, I have seen alot of traders online that flaunt their success stories and sometimes it just baffles me to actually see if these guys actually legit because I know trading takes alot of time and even years to develop that skills that can then yield profits for you during your trading sessions but also this sweet quick stories pushes alot of traders to do rubbish and then lose their funds especially the new ones.

The process in trading is learning. Learning is very important in trading and it can never be taking for granted. Learning makes trading outcomes to be successful and interesting. But it is so unfortunate that most beginners find learning boring and sees it as not process for trading . Learning being the process of trading is more important than money, because without the understanding of trading you can lose all the money you have put in trading. When it comes to trading money is the last thing to think about because when money is put as the priority and the main aim you would lose it all.

Learning is the principal thing in trading and it is not just about learning about trading strategies but also to understand and practice some habit that can make you to be successful in your trading, that's is why beginners needs to dedicate their time to learn because it has to do with the trading ideas and the characters that are involved in trading to be a successful trader. Their is no succcess in trading without having the right knowledge about trading.

Hmm, interesting well success and failure contain different factors ranging from your timeline, your mental level, your control over the decisions, your daily life etc etc. Hmm in every trade there is the contribution of 10% luck, 30% analysis, 40% discipline, and 20% emotional control haha this is my personal theory to execute a trade, hmm we can categorize some other factors under these terms as well. 

Being good and being a teacher are different, a lot of friends that I have who are great at trading can't explain what they are doing if their life depended on it, so most traders haven o idea. Some try, and some do teach others and they do a good job, but not all and most of them are just doing things because their brain is wired in a way that understands and grasps the inner workings of a market which makes them be able to trade very well.

This is quite good and I do applaud them for their talent and skills, but that doesn't mean all of us can be like that. Not being able to trade is fine, you can't play basketball like Lebron James neither, you can go ahead and pick up a ball and shoot, it takes like maybe 15 minutes to go to the park with hoop in my hood, can I be able to play like him? Of course not, so why would I worry if I can't trade like professionals then?

those are good to have background for trader.
usually it just requires knowledge and capital to succeed, what make trading difficult is probably the capital that it requires many people afraid of losing the capital so they make worst decision.
education in this case is not really needed but its always good to have you know having education and all.
moreover, what is the definition of successful trader here means anyway.
it could be some people with good career doing trading as their side job and they could easily be included in the category of successful trader since they are well off and still trading anyway.

Focusing on the process will make us have basic skills in trading. A trader's success depends on a combination of technical skills and fundamental analysis and this will be achieved if we focus on the process, this takes quite a long time so we have to be patient. This analytical ability will help a trader to determine the most appropriate decisions rationally, not just based on feelings which have a high possibility of error. This does require patience and difficult emotional control. A successful trader certainly has a lot of experience in terms of knowledge and experience.

Why what do you think of other people? Lazy? There are but not all of them. And what about those who are successful already? I don't think he can surpass their learnings just like that. Dedication in trading is even better but not all can do that because they also have their own obligations in life. When we are starting, it's fine to not think and pressure our selves of becoming a successful trader because like you said, it is not easy and even if we are already good at trading, the real definition of a successful trader is still different or far away from it.

Finally, trading is not gambling that you can just place a bet and still expect to win even without having an understanding in the game. If your approaches are meaningful in terms of analysis then you can easily hit success in crypto trading.

Successful traders require a blend of education, discipline, and strategy. Start by thoroughly understanding the markets and developing a solid trading plan. Practice risk management to protect your capital and continuously analyze and adapt your strategy based on performance. Patience and consistency are key to long-term success.

We can also learns from other traders experienced and gets the good thing from them so we can uses it for ourselves. We can learns from their difficulties and trying to search how to finds out a way to solves the difficulties. From other people experienced, we can gets a lesson that we can apply to ourselves which can helps us to improves our skills in trading. We can learns from their analysis and search from the other sources that can also improve our analysis becomes better. But we must realizes that will needs time before we can be a successful trader and we must enjoy the process.

Basically, I completely agree with you. Unfortunately, it is usually the case that newcomers to the market immediately burn through all their capital and classic short-circuit reactions, such as pouring capital into poorly performing trades, then catapult them out of the market.

Very few newcomers actually have the incentive and the necessary assertiveness to stay on the ball until their experience level is high enough. My tip for newcomers is therefore always to start with paper trades first and to continue doing so for at least 3 months. This way you avoid the classic beginner's mistakes, learn a lot about yourself and your reactions in stressful situations and can then use this knowledge to actually trade successfully.

Theory needs to be proven in trading because if it won't be executed, that theory will remain a theory and won't prove anything.

That's okay, as long as they can take the risk and won't give up too quickly. They should have long term plans being a trader because profit from doing it, won't just come out overnight and the learning you'll get from your actual experience will be paid off.

I agree that learning is the most important part, if you do learn how to do better with time, then you are going to be doing fine, I believe that we are going to face some trouble if we have no idea what we want, we should realize that what we require isn't all that complicated and sometimes we should learn that things aren't as easy looking as we think.

The reality is that we are going to be doing something as well as we hope we would, but that doesn't mean that it will be simple. Easy and simple are different, difficult and hard are different. Trading is hard but not difficult, it's hard because it takes time to learn and requires patience to be good but the path to be a good trader is simple and not that complicated at all.

I believe that in order for us to get what we want, we should really focus on that thing. It's easy to think that we want to succeed, but it's hard to do because of the succeeding things we'll go through; in short, it's not easy to reach and get.

Here we can measure how long we will stand or endure as we reach the dreams we want in trading. The subject of crypto trading is still very new; honestly, it is not easy to learn, and the worst part is that there is no shortcut here. The question is, Are you ready? Are you willing to sacrifice? then you must have a source of income before you enter this field. Or if there is nothing, you should be able to do.

However, experience is the main thing in achieving trading success, from experience we can apply the theory that we have previously done, so that from this we will feel the difficulties that can be faced and how to solve these problems. Many traders have minimal experience and immediately jump into real trading in the hope of making easy money, and in the end they regret it

On the moment that you are really just that someone who doesnt really have that much money or really just have that limited on which means that you would really be having that consideration on having that kind
demo trading on which its not really that bad because when starting up then it would really helpful because you would really be having that kind of exercise on which its normal for a newbie to be doing.
There are really just that those people who are really that wanting to make engagement directly with the real deal or thing on which making use of their real money without even considering on how much they have learned
all the things that they've been encountering. There are individuals who would really be that not minding about demo and made out live trading because they dont like on not to earn some real money.

Success is something that you would really be needing to consider on what are the things that you do need to be done for you to achieve that success which it would be
needing that adjustment and learning on the experiences that you would be able to handle out.

Money is of course important, because with money as capital you will get profits. Experience or knowledge can be gained by trading using a demo account but the pressure is different, so money is also important.
Use money that you can afford to lose, so trade directly with real money instead of just using a demo account, so you may lose money but knowledge increases and slowly knowledge is used to gain profits in the next trade.

that is right, most of the trader lose in thier first trade because they still didn't know the process or they still did not know some important things to trade smoothly, i believe that most of the expert also lose when they are still newbie on trading, they are now experts because they experience a lot and now they earn so we must continue to trade even if we are slow just continue learning everyday.

I agree on that we should know the process first before anything else, because even if we have a lot of money and we don't know the process or strategy to get a lot of profit then our money as capital will surely slowly gone and before we know we lose a big amount of money, process is the most important and also emotion and patience if you don't have this you will surely lose.

The best key to success is to have experience with what will make your life better in the future. Some people want to become professional traders, but they don't want to learn about trading first. How is that possible? Everything in this deserves concrete knowledge so that even after we have started and come across something that will lead you to lose your assets, you definitely know how to avoid it.

And a trader should always, insisted of searching, be focused on knowing much about the trading since trading is also associated with higher risk. That's why people who are already experts in trading always give advice that we shouldn't just jump into trading without proper knowledge, and emotions are also part of being controlled, because if you're lacking emotional control, you cannot afford the trading. 

Emotional control is a big part in trading, if you are good at it, you will definitely turn into a successful trader. Also, having a good and reliable trading plan and a good risk management contribute to the success in trading. If you can’t carry a trading plan and does not show risk management, you might be making profits temporarily but in the end, you won’t be an ultimate successful trader. Success is gained only when you are doing the right thing in trading, and not when you copy trade or follow those unreliable signals that will only put you into losses in the long run.

Every job, whatever it is, has its own risks, it depends on what we want, so in the process we must first understand what we are doing and what we are working on, so that it doesn't make us fail in the process because we don't know what to do. what we are doing, because we don't really understand what we are doing, so understand it first before making a decision to reduce risks that we don't want, in trading what we have to apply is to be consistent in developing our business which we have worked hard to start from the ground up. to become what it is now, and the most important thing is our financial management, don't let us underestimate financial management which will result in bankruptcy.

Focusing on the process is very important likewise focusing on the profit you are making in the process. The profit you make in the process determine how good the process is going and how long you should adopt the process because if the process is not given any profit, then you should consider changing another process that will give you more profit because the benefit of every trader is to make profit irrespective of the process.

On focusing on the process, you need to invest little amount or any amount you can afford to lose while monitoring the process.

Understanding the trading process is of course very important before deciding to trade which could make us lose the money we use in trading and in trading of course there will be losses and profits and in my opinion this really depends on the knowledge and experience we have. in analyzing the market, if a trader can analyze the market well, of course he will be able to gain profits from the trades he makes, as you said, it is true that those who have good experience in trading will definitely gain profits from these trades. trade they do. resulting in a smaller percentage of losses because they already have experience in the trades they make.

You can learn as much as you can and even more, but if you lack control over your emotions, all your efforts will be in vain. There are stories of successful traders who committed suicide because they made huge losses, some became miserable and many others did unthinkable things after a huge loss. Of what use is the success if it is going to make them miserable later? While putting in so much efforts to learn the skills,  devote more time too in training your emotions. Successful traders make losses too but they are able to recover all that was lost because they restrategize without mixing their emotions in their trades. It is not easy being successful in trading, but consistency is always the key.

If you want to become a successful trader, you must be able to learn more than other people. The more you learn and understand it, the greater your chance of making a profit. You can focus on trading and analyze well to make a profit. But you have to know that becoming a successful trader requires many things and a long process, so this makes many people fail to become successful traders. They want to make profits quickly and don't want to learn about trading so they will encounter many difficulties.

What we need is to have these two things  Plan and Action.
Just to imagine why a lot of traders never succeed, it is probably not the process but it is how they strategies and how dynamic is their thinking. But don't forget that trading is not everyone which means that no matter how true you are and working hard in trading does not guarantee success. 

Of course, I won't discourage people not to trade but I would say that we don't have to assume success because that has a mental effect in case we fail.
And we have to know that success does not come too fast, it takes several times to see. 

First money. Not immediately practicing with the money you have, but trying to find out what makes you ready to lose or other names is a process. From the initial capital, the target could be additional income, not a large amount.
You will never lose as long as you focus on the process, for me that is wrong.
Never mind new traders, professional traders who have been trading for a long time will also experience losing money because losing money in trading is part of it. Perhaps a smaller percentage of losses are achieved by those who are already full of experience with the trading process.

Yes, first of all, you have to focus on the process this stage, and how to learn the Trading first not to make the money because the most important thing is to learn how to follow this step and know much about Trading know whatever you can ask much as you can go the processes to take be Conversant with them very well and you will be able to succeed in trading if you start the process Trading is not just the way you think it is it’s a matter of understanding.

Aside from that, to be able to become a successful trader, one should also lengthen his experience in trading as no trader can succeed from just limited experiences in this field, but varied experiences are more likely to gain positive outcome. Also, learning from the past experiences of early traders can greatly help for newbie traders so that they will be more open minded on the pros and cons about trading, and hearing their successful trading stories will definitely motivate them to improve their trading skills and strategies.

The meaning of success is very broad. And I'm sure each of us has our own standards regarding trader success. What is clear for me personally is that a trader who is not subject to passion, has self-control, is calm when making purchases and sales, is able to develop assets, and is able to analyze an opportunity is a successful trader.

To become a successful trader it is not easy you must have long experience and continue to improve the skills needed, not only focus and money but also thinking you must pay attention to it is not easy even a professional class can experience losses in trading so there is no word not to lose money.

I don't have long experience in trading only limited to spot trading but that's not often done, I still improve the ability to more, but because of the lack of interest in trading then this certainly will not be easy even to understand it takes time.

Dont make yourself that being that desperate because on the moment that you would be finding yourself to be that desperate then it would be better that you should quit and stop completely.
You are really just that basically or potentially making yourself that become desperate and we know that on the moment that you do find yourself being desperate then you would be finding yourself that
making those actions on which you had lacked out with those correct analysis. Even if we do say that you are doing well but still due to desperation and impatience then you would really be missing out something.
This is why it would really be best that you should really know and wary on the conditions that you are into.

On the moment that you've been doing trading for a while but still that seeing negative profits and making some loans or ending up with deep debts then it would be better to stop.
There are really things in life on which its not something that meant for us no matter how hard we do try but still ending up on failing. It is really just that too hard to accept
that someone is really that passing up while you are the ones making those failures.

To certain extent which is possible but if the trader isn't making any progress or can't afford to sustain with the loss then better quit instead of getting into debt, it's okay to accept if something doesn't go in the way you expected and it's not going to make any less of you.

Apart from that you nailed it and this is what a trader should do to gain experience which is the process of becoming a successful trader, not just learning technical analysis or learning trading courses but it's all about managing the situations.

As a trader you must know that success is a balance of wins and losses. Do not have that mindset that you should avoid losses because they are unavoidable. However what you must bear in mind is how to manage risk so that you can achieve long-term success. It is all embedded in your risk management strategies.
You are right. A stable job at the beginning before profits from trading starts coming in a also a good risk management strategy. Where the person don't have a stable job, they can crash in their parents basement while at it. At least, they won't have to worry about the basics - food, shelter and paying bills.

If you are a successful trader, then you are already a professional trader, what makes you to be a successful trader, then you should focus on making money, but that doesn’t still stop you from learning, and also if you are a trader, you are going to lose money either you are a professional trader or a beginner, their is no way you are going to be a trader and you won’t be losing money, but if you are a trader, make sure the profit which you will be making from trading is just more than your loss, if you are a trader and your loss is more than your profit, then you should know that something is wrong.

I think there is a ton of thread here or in the internet that talk about "How to become a successful trade" the answer can be very but in my opinion the key to be successful trader is money management and control emotion because if pro with that I believe you are gonna becoming successful trade. Tho I say this but personally Im not a successful trade hahahah but I believe those are the key

     -      Just start with basic learning and don't stop learning crypto trading. Always learn from your mistakes if ever you see something wrong with the discretion you used in trading. Find out which indicator tools will be easy for you to use so you can make a proper technical or fundamental analysis.

And you should not be greedy; instead, be disciplined, have self-control, and know how to properly control your emotions as a trader. and you should also know what kind of investor you are.

It's not just the process, of course money is also involved there, if you don't have capital and you are already equipped with knowledge about trading, how do you want to try it, and be successful in trading, This is all part of trading in the market. The main thing is that you must have income every month from your job. Indeed, success in any case is of course a process involved.

What do you say, a successful trader will not lose their money in trading? There will always be losses, indeed the possibility of losing all their money is very small because they have been in the process for quite a long time in this case.

I will also make this as an addition warning that you shouldn't borrow money to trade, you should be able to perform trade base on the way you can afford for doing that, don't also trade when you think you have no sound knowledge on how to speculate and read the market chart, you will also have to understand the use of the indicators and ho they all serve their purpose while performing trades.

If you want to be successful in trading then you must first acquire enough knowledge about trading and then you have to invest in trading. Many times it is seen that without gaining enough knowledge in the field of trading, he loses a huge amount of money while trading without understanding it well, so he should not make such a mistake. In the case of trading, we must always have a long-term plan. If we can keep a long-term plan and check the market and trade with time, we will certainly get enough success through this trading. Many times it is seen that we become very impatient in trading, we should not be impatient, we should always be patient in trading.

I think that's not all that every trader needs to pay attention to if they want to be successful as a trader in the market, but market conditions and certain moments that can influence the market to be better also need to be paid attention to by every trader. Because when traders can take advantage of moments like that without losing focus, as you said, they can also be successful in the market, although every trader must also realize that achieving success always requires a process that is not easy because the market is also a place that has risk.

Anybody can write on how to become a successful trader even people who are not rich write books on how to get rich so it means that even with the regular tips that are repeated in different writers there are some tips that are exclusive.
The tips to becoming a successful trader are so much and although there are some general rules to be a successful trader, but if you have a close discussion with some really successful traders there are some exclusive rules that they will let you know some of which they found out from personal experience.
The exclusive tips and rules are as important as the general tips for success.

You don't need to advise a successful trader because he has already come up with his own strategy, which made him to become successful, if not he will not be successful. So you should address people that are new to trading or that thinks trading is a get rich quick scheme.

Trading is like gambling which is all about profit and loss, but not exactly gambling. This is because no matter how successful you are in trading, you are still prone to losses especially when you make the wrong prediction because the market if of uncertainties. The difference between a successful trader and other traders is their ability to manage their risk and emotions in the market.

The process can be one to failure, loss or one to success and profit. A successful trader firstly need to succeed to secure his original trading fund, avoid to lose it or minimize loss of original fund. It relates to risk management and also greed, patience to wait for safer and better entries that help to reduce risk, severity of possible loss and increase chance to get profit.

You can get good profit with one or some tradings but if you don't have safe risk and capital management like I share, later with one or some failed tradings, you will lose your temporary profit and even worse lose most of your original trading fund.

Success is not measured by means of how big you earn but it measures how responsible you are as a trader.
Now we are earning a lump sum of money but if our greediness is not controlled, sooner this will also bring us down and lose everything. Success can be determined not by today but by how we bring it after many years of doing it consistently.
 - fund management
 - self-control
 - long-term plan
 - consistency

Be a consistent trader is a must but risking money with lack of skills you shouldn't dive into live trading I've been there and lost a huge amount of my holdings trying my luck in trading until just I discovered that any coins out there are dominated by BTC. That is why I always recommend newbie traders to keep practicing on paper money or demo accounts to build confidence and to learn how crypto works.
Lack of knowledge in trading its totally gamble the thing that always works to me think as a newbie trader and think where they place their SL and that should be your entry point.

Proof? I mean, don't just spout around saying about being successful in trading without a proof. I don't discriminate really, but the thing is, we all want to know if the one who is giving advice and claiming to be successful is legit. Also,  kindly elaborate on your advice because what you've said is that a trader should focus on the process and not the money. That is true, but how? I mean, can you say it in detail because your statement left us hanging or simply lacked information?

If I were to give advice for a trader to be successful, I wouldn't because I would still not consider myself successful in trading. But if I were to give advice for new traders, I would focus and invest in their knowledge and skills, because that will be their foundation for being successful and profitable traders. It's okay to make mistakes or lose money from trading, but the most important thing is that you will not stop there and instead learn from them.

As a successful trader you said, if I was already successful at trading, that means I have understood the trading market and don’t need to concentrate more on learning but use that knowledge to know how to make more money in my trading. Learning never ends, and even successful traders are always going after new strategies for them to maximize their profits when it comes to trading. Focusing more on the learning process instead of how to make money should be more direct to a newbie that just joined the trading market than saying it to a successful trader.

Trading is not just a game of emotions but most likely a mental game. So if you don’t have the skills and good strategies to win your trades, your faith will not work out. You have to work on your faith as well as enhance your trading psychology and technicalities in trading, otherwise you will easily fall more as a gambler than a successful trader. Don’t just trade to earn, but trade responsibly and appropriately.

It's not just trusting the process when trading but also needs psychology and good strategy because if you do it wrong even if you trust the process you will never make any profit.
It is a part of fear and greed if you can't control this emotion it could affect your trading style.

It's really hard to come on that conclusion of being a successful trader unless you've proven yourself through riches from profit that you've gained.
Losing money was really painful with trading, and winning a legacy looking to the target that you hit in so many times of patience; that I definitely say successful.
For now, even myself I couldn't say I've been to that level because I couldn't prove myself being lucky enough to be one of the rich guy who came from trading crypto.

Another translation of this is that you have to be really more passionate about trading and be interested in it than just only the money you can make. if you are passionate about it even when you are making money you would not want to take a relaxed position but you will still want to improve more on your trading as a trader, but if money is just your focus the moment you start making money from trading there's a chance that you can become a relaxed and forget any need to strive for improvements.

Don't say this, the best and successful traders are still losing today.

No doubt about the focus so that you won't get distracted. But don't make it sound like an easy thing to do.

Trading is a good source of money when you're good at it but in reality, the majority losses as per doing their trades even the experienced ones.

For you to become a successful trader, make sure to have your own stable job first so you won’t be pressured and force yourself to hit profits in trading. Note that trading is very unpredictable due to its uncertain market, so even if you have predicted some potentials to win your trades, still there won’t be stable guarantees that it’s gonna happen since there could be sudden twist and turns that will change the position of your trades and see them losing at the end.

Also use the amount of money that you can afford to lose to trade can be the beginning of a trader understanding about what trading is. Trading is very risky and should be seen like gambling though it is not gambling. That will help the trader to know that it is important to use an excellent risk management. Trading should not be seen as a means of making money, but as a means of making an additional money to your source of income if possible, but do not expect much from trading.

As a successful trader, you should focus on the process instead of the money, because the process is the must important thing for you to get more experience in it, and once you are focus it you never lose your money in trading, so as successful trader you must always be fucus on the process of your trading, for you to get a good profit.