Do professional traders lose money?

[Faisal2202]

An individual will understand to analyze the market only if he spends lots of years in the crypto market. The first step should be learning and the second step should be getting experience through the utilization of a small amount of money.

Honestly I still think professionals might not lose all of their funds, but yeah some funds are a natural thing. We can learn these things by reading stats. For example Attention Robinhood power users: Most day traders lose money in this article we can see most of the professionals who are doing day trading lose money no matter how long they have spent there time in trading. The type of trading is the main thing that decides whether professionals make money or not.

For example, if we are doing long-term trading, then a newbie can make money, as it spot, if it's swing or day trading, then stats are in front of us saying, professionals can't make a profit consistently in day trading or in futures. I have seen many examples with my own eyes like I read on news. But as you said we learn from our mistakes and we should try to avoid them next time, but due to high volatility of the market sometimes it becomes hard for us.

[legend45]

Exactly, experience in the world of trading will indeed be very expensive. With the experience we have, we can determine coin price movements that will occur in the next few minutes, hours or days. Investors sometimes always do a lot of research to find accurate analysis.

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

[UNIVERSE]

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

[Litzki1990]

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

The biggest problem for us is that we don't want to spend time on something but we expect maximum results from that work. One is working and I am not working but if I expect the result like that working person then it will be nothing but foolishness for me. First we need to learn about certain subject matter and then when we gain enough skill about that subject matter we need to apply it. Trading is a very important thing, here everything has to be taken very seriously. If we do not take this matter seriously, naturally, the result will not be in our favor, but against us.

[enwi]

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

Exactly, a lot has to be sacrificed to become a professional, the most sacrificed is the time and financial capital that we use to do research. We may still be able to find more money, but for victims of time we can't get much more time, time continues moving forward so that when we have sacrificed our time we must succeed in becoming professionals.

[DAMKAR]

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

Exactly, a lot has to be sacrificed to become a professional, the most sacrificed is the time and financial capital that we use to do research. We may still be able to find more money, but for victims of time we can't get much more time, time continues moving forward so that when we have sacrificed our time we must succeed in becoming professionals.

Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

[Gladitorcomeback]

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

It requires a lot of time and dedication, and despite all that, one doesn't stay safe from losses because professional traders lose money as well in trading sometimes, the only difference between them losing and a regular trader losing is that they take it gracefully, evaluate their mistakes, work on them, and don't repeat them in the future, whereas a regular or new trader wouldn't be able to do that, they will take it to the heart, and will most probably stop trading after that.

A lot of newbie traders think it is very easy to become a trader, and they believe it's all about having enough money which isn't true. Even if you have $1m as your starting capital, you won't be able to become a successful trader if you lack necessary knowledge.

[dekafee79]

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

It requires a lot of time and dedication, and despite all that, one doesn't stay safe from losses because professional traders lose money as well in trading sometimes, the only difference between them losing and a regular trader losing is that they take it gracefully, evaluate their mistakes, work on them, and don't repeat them in the future, whereas a regular or new trader wouldn't be able to do that, they will take it to the heart, and will most probably stop trading after that.

A lot of newbie traders think it is very easy to become a trader, and they believe it's all about having enough money which isn't true. Even if you have $1m as your starting capital, you won't be able to become a successful trader if you lack necessary knowledge.

Professional traders will also experience defeat but continue trading because they learn from the experience and don't repeat it again. Meanwhile, for beginners, there will be a special trauma and they may not trade again. That's the difference I usually observe.

[Jamal Aezaz]

Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.

[DAMKAR]

Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.

Many people discuss the differences between professional traders and beginners, but I think this is only a matter of time. Even if a beginner is willing to learn from the experience he has gained, one day he will become a professional trader.

[SmartGold01]

Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.

Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.

Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.

 But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.

For newbies I think is impatient for them to thoroughly understand the basis of trading before jumping into funding their account and just choose whatever coin they think could give them what they want without them making more adequate proper research. And of course professional always understood that their lost is a great lesson and would quickly adjust to finds out their mistakes and then correct it.