How can someone be called a professional trader?

[bayu7adi]

We see many people who have assets of millions or even billions of dollars, and they do not claim to be professional traders, and there are those who have only made tens of dollars or maybe hundreds of dollars, and they claim to be professional traders... there is nothing wrong with that, but this claim sometimes makes many people have different disclaimers.... this is indeed not important for some people, but for others who need a role model, a true professional trader is what should be sought...

In my personal opinion, a professional trader is someone who can generate regular profits, and can be repeated, it does not matter how much profit because it can be adjusted in the future, as long as it can be repeated and is sure that it will produce results without breaking the law... I can call him a professional trader...

Then what do you think? Do you have someone who is your reference for learning trading? Or what kind of person is it that you can call that person a professional trader?

[Charles-Tim]

I do not have anyone as a reference to learn trading.

Do you know what is dangerous about trading? You can think you are good already and make money from it but later your greed can increase and makes your be more confident. This could later lead to losses.

I have someone that is a good trader but overconfidence makes trading not to be on his advantage.

[bitterguy28]

Then what do you think? Do you have someone who is your reference for learning trading?

no not really everything i know of trading came from the forum or from books i have read in the passing but not really any individual that i specifically go to

Or what kind of person is it that you can call that person a professional trader?

to me anyone who does trading as their day job is what i would call a professional trader

because trading has now become his profession and he is dedicating so much of his time towards it

[LogitechMouse]

---
Then what do you think? Do you have someone who is your reference for learning trading? Or what kind of person is it that you can call that person a professional trader?

Reference? None.

My definition of a professional trader? Consistent profit on a monthly basis. Simple as that. Let's not over complicate things at least. I consider a trader a professional trader when they're making profits consistently for the past 1-2 years. Making profits in trading can be very easy, but to do it consistently is very hard.

[milewilda]

---
Then what do you think? Do you have someone who is your reference for learning trading? Or what kind of person is it that you can call that person a professional trader?

Reference? None.

My definition of a professional trader? Consistent profit on a monthly basis. Simple as that. Let's not over complicate things at least. I consider a trader a professional trader when they're making profits consistently for the past 1-2 years. Making profits in trading can be very easy, but to do it consistently is very hard.

This is indeed the time that you would really be that making yourself to be a professional trader is on the time or moment that you do find yourself that become profitable or something that you can be able to sustain. This is on the time that you would really be that considering yourself that a professional trader on which you do able to survive with these market swings. Trading skills isnt something that  you would really be able to learn in a short period of time on which simply means that you would really be needing to put up that sufficient work and time and capital for you to be able to improve your skills. The wrong thing about most people is that they do want to be able to learn it overnight on which this will really be that resulting into that huge loses or they do become that impulsive.

[hugeblack]

We see many people who have assets of millions or even billions of dollars, and they do not claim to be professional traders, and there are those who have only made tens of dollars or maybe hundreds of dollars, and they claim to be professional traders... there is nothing wrong with that, but this claim sometimes makes many people have different disclaimers....

They claim to be professional traders to attract more followers. These traders do not make money from trading, but rather by deceiving many people by telling them that it is a golden opportunity for them to make money quickly. Therefore, they focus on attracting more followers more than proving that they have experience in trading.

[memehunter]

It is way better to invest than to become a trader. Especially if you are thinking of becoming a short-term trader, I will suggest you otherwise. In the short term, you are only gambling.   

[JISAN]

To define a professional trader, professional traders are those who can consistently profit, especially their monthly ROI is always positive. no one can ever make a profit on every trade they make, no matter how expert they are.  But those who can do good market research and have deep knowledge about trading always have positive monthly ROI.

Many people claim themselves as professionals after profiting a few times and are very excited about trading.  But at the end of the month their monthly ROI is negative. they can never be a good and professional trader

[jeraldskie11]

It is way better to invest than to become a trader. Especially if you are thinking of becoming a short-term trader, I will suggest you otherwise. In the short term, you are only gambling.

I'm sorry but I don't think you really understand what short term trader is, because what I've understand it is a type of trader who close his position in a short period of time probably minutes to hours with in that day. So I don't think if it's okay to call it as gambling because honestly there are traders who can make profit with just few minutes of trading. If you can make profit weekly or monthly, and probably make it for years now, you are not gambling, you made trading as business.

[memehunter]

I'm sorry but I don't think you really understand what short term trader is,

Maybe you can enlighten me, but before that, since I do not want to repeat myself while answering your generic indoctrinated assumptions about it, please go through my post: A Death Knell to Short-term/Intra-day Traders. Please do not miss the latter conversation on the post. This will give you a brief idea of what my stance is regarding short-term trading, and we can save a lot of time discussing it further here.

[Asiska02]

Then what do you think? Do you have someone who is your reference for learning trading? Or what kind of person is it that you can call that person a professional trader?

A person who most at times wins trades, a person who has a 70% winning rate to me is a professional trader. When the percentage drops of wins surpass that of the losses, it becomes clear that the person is a profitable trader even if to some they won’t call him professional yet. A professional in some instances are those that have 90-99% winning rate when compared to their general winning success ratio to loss ratio. Trading doesn’t come easy to be profitable, either you get to win through yourself or through coaching by a professional, none of them is easy to come by.

[kentrolla]

In my opinion professional trader is someone who can generate profits in regular interval regardless of market conditions be it bearish, bull or sideway market condition. Professional traders have certain plans and algorithms which they follow including basic signals wherein there are people who just gets lucky by investing when the market moves in upward trajectory and earn decent profit claims to be traders but they are just investors/short term investors.

I have seen both side of trading wherein I have been in situation wherein I have lost good amount of money in hasty decisions and future trading without proper plan and also I have earned more through DCA. Our mistake and corrective measures would be the best reference for us.

[electronicash]

how about someone who had convinced many investors to put his money into his account and allow him to trade for them. that should be pro trader where he can return those capital to the investors of his skill and get much more from the profit.

i'd like to think i could actually do this by showing my trades and how much my money grew after a year. i'm not as good as some of the traders though.

[Findingnemo]

People who keep telling they are professional traders will try to sell you their course and they always do because they are not good at trading so looking for an alternative money making opportunity.

We can call them professional traders when they do it as full time or even part time but spending enough time to do their research and analysis. There are some rich guys who sell and buy once in a while also professional traders but they won't claim they do this every time.

[Rruchi man]

what kind of person is it that you can call that person a professional trader?

I will refer to someone who has shown consistent result over the years with more profit than losses as a professional trader. it also has to be a title that is not self-acclaimed but a title that is earned from the results they have shown.