How can someone be called a professional trader?

[sampoerna]

In my opinion, a professional trader is not someone who always makes a big profit or never loses in trading, but a professional trader is someone who is calmer, more careful and more careful in determining every step in trading. Because actually there are no traders who never lose here, but the attitude and mentality when facing a bad situation in trading will show whether someone is worthy of being called a professional trader or not.

I agree, and more, In my opinion, a professional trader is someone who does full time trading activities, who gets much higher profits than losing the money, consistently, and does it with strategies and tools that are indeed professional too. Making trading one of the sources of consistent income. but I also agree that pro traders also experience losses, the only difference is, they can immediately cover their losses from the profits obtained from other trading pairs. and they can do several trading pairs at 1 time, many pro traders do Future trading, with certain tactics that are certainly very well understood and experienced. but there are also those who use spot trading and or several other trading systems.

[debra]

If we can do it ourselves, that's good, but there's nothing wrong if we ask someone who is more senior or understands more than us. But we shouldn't keep relying on that person, we also have to learn by ourselves. We can actually do that, because now it's a modern era, there are many media that we can use as a source of knowledge for us.

You're right. There is no problem if we want to learn from other people who have better understanding. Moreover if those are experienced people in crypto. We can get some important experience from those people. Sometimes, we can get experience and get new knowledge through other people. We are not a must to experience it ourselves. But I agree that we mustn't depend on other people's help. We must have the ability to do it ourselves.

[bayu7adi]

the only difference is, they can immediately cover their losses from the profits obtained from other trading pairs. and they can do several trading pairs at 1 time, many pro traders do Future trading, with certain tactics that are certainly very well understood and experienced. but there are also those who use spot trading and or several other trading systems.

It's not always about covering losses with bigger profits, there are many ways to overcome losses caused by losing when trading... and to handle it, it can also be done by using some non-trading strategies too... so someone who I think is professional, he has many solutions to the problem of losing in trading... it's not always about looking for bigger profits, to cover small losses... the solution can be in the form of evaluating financial management, or maybe changing the strategy.

[Bobcrypto]

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?

I personally think that a person that has a capital of up to $50k is a professional trader. Moreover, I don't think that being a professional trader is based on the level of capital you have but it is basically the level of individuals knowledge and experience on the crypto market.
Again, For the fact that a trader is not trading in millions does not necessarily mean that he can't be regarded as a professional trader. in my opinion, if traders is trading with low capital, even below $30k, for me, he is a professional trader, in as much as he is earning profit regularly.

[Vx1]

If that trader is able to limit his losses and make more of profit. I consider you as a professional trader. You must not make money everyday. In short, any trader that has used trading to transform his life is a professional trader.

That's right, and to be able to achieve all that takes a long time. Professional traders usually have gone through several trials in trading, and they can get through it. so now they have been able to make trading their main job to meet their living needs.

[Fivestar4everMVP]

...

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?

Well, you definition is not far different from what I had in mind, I have always seen a professional trader as someone who trades as a profession, this is the simple and straightforward definition.

Trading as a profession simply means that that is what the person does for a living or livelihood, he or she may possibly have other side hustles like owning a business place or have other hand works, but trading is their main source of income and every other thing(s) he is she does for money is simply on or as a side hustle to compliment and support the money they make from trading.

I believe this is a simpler and better understandable explanation than the way you explained yours, though they are still not far different from each other.

[Nheer]

If that trader is able to limit his losses and make more of profit. I consider you as a professional trader. You must not make money everyday. In short, any trader that has used trading to transform his life is a professional trader.

That's right, and to be able to achieve all that takes a long time. Professional traders usually have gone through several trials in trading, and they can get through it. so now they have been able to make trading their main job to meet their living needs.

it will really takes long more than expected to become that profitable to meet up with your needs and wants. Trading as a profession will not be easy cause you won’t have time for any other things if you are trying to become a professional trader. It will really takes a lot sacrifice but after those sacrifices you will be a boss of yourself managing your funds all by yourself.


You have a reasonable point though cause they will really go through several trials in trading and that alone is something huge. I understand your point.

[gunhell16]

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?

On my part, I don't have anyone else who inspires me to be more persistent in trading in the crypto industry that we live in. I just became really persistent in learning it without anyone teaching me because I was really just self-studying.

Although it took me a long time before I really understood trading, at least I just kept repeating what I was learning until one day I noticed that I already understood something in analyzing and reading the chart of any exchange. But I'm not a professional trader, all I know is that if I get a profit daily, but in just a small amount,
it's not a big deal. Especially now that I only do spot trading.

[Faisal2202]

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?

Your criteria for declaring someone a professional trader is a good one, but we should keep in mind that even professional traders make huge losses.  Therefore, we should not only look for how much profit and how often they are making, but we should also look into their logic, like how they see the market and why they believe that this will happen.

With this insight, we can call a trader professional, only then we can learn, as there are traders following others, and calling themselves professional while having no background knowledge so we can't learn a thing from them but maybe we can make profit.

[legend45]

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?

Your criteria for declaring someone a professional trader is a good one, but we should keep in mind that even professional traders make huge losses.  Therefore, we should not only look for how much profit and how often they are making, but we should also look into their logic, like how they see the market and why they believe that this will happen.

With this insight, we can call a trader professional, only then we can learn, as there are traders following others, and calling themselves professional while having no background knowledge so we can't learn a thing from them but maybe we can make profit.

Finding professional traders is not easy because most of what we see are traders who become influencers and seek followers. They only want to profit from the number of followers, what I am discussing is a paid or VIP group. We should learn by ourselves. I agree with you, choosing a professional trader is not based on how often they make a profit because every trader must have experienced losses. Look at the logic, analysis and experience they have.

[Blaze]

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?

Your criteria for declaring someone a professional trader is a good one, but we should keep in mind that even professional traders make huge losses.  Therefore, we should not only look for how much profit and how often they are making, but we should also look into their logic, like how they see the market and why they believe that this will happen.

With this insight, we can call a trader professional, only then we can learn, as there are traders following others, and calling themselves professional while having no background knowledge so we can't learn a thing from them but maybe we can make profit.

Finding professional traders is not easy because most of what we see are traders who become influencers and seek followers. They only want to profit from the number of followers, what I am discussing is a paid or VIP group. We should learn by ourselves. I agree with you, choosing a professional trader is not based on how often they make a profit because every trader must have experienced losses. Look at the logic, analysis and experience they have.

Yes, some of the professional traders are not as flamboyant with their activities and are not concerned with followers on social media platforms as performers or products of an elite society. As for me, I think that the learning process as an independent activity is much effective compared to following a specific role without knowing how the main motives and the strategy underlying it work. It should be remembered that great profits are not the only criterion since every person who enters this sphere must suffer losses. It is much more phenomenal to know how they conceptualise, strategize, and even control all possible forces that may operate in the market.

[sampoerna]

the only difference is, they can immediately cover their losses from the profits obtained from other trading pairs. and they can do several trading pairs at 1 time, many pro traders do Future trading, with certain tactics that are certainly very well understood and experienced. but there are also those who use spot trading and or several other trading systems.

It's not always about covering losses with bigger profits, there are many ways to overcome losses caused by losing when trading... and to handle it, it can also be done by using some non-trading strategies too... so someone who I think is professional, he has many solutions to the problem of losing in trading... it's not always about looking for bigger profits, to cover small losses... the solution can be in the form of evaluating financial management, or maybe changing the strategy.

When they are able to get bigger profits again and recover from the losses immediately, they must have re-managed, adjusted their tactics, and several other things that made them then get bigger profits again. That's why I said "with certain tactics that are certainly very well understood and experienced". Because they must have had their own adjustments. and finally, it is indeed to get bigger profits.

[Azharul]

the only difference is, they can immediately cover their losses from the profits obtained from other trading pairs. and they can do several trading pairs at 1 time, many pro traders do Future trading, with certain tactics that are certainly very well understood and experienced. but there are also those who use spot trading and or several other trading systems.

It's not always about covering losses with bigger profits, there are many ways to overcome losses caused by losing when trading... and to handle it, it can also be done by using some non-trading strategies too... so someone who I think is professional, he has many solutions to the problem of losing in trading... it's not always about looking for bigger profits, to cover small losses... the solution can be in the form of evaluating financial management, or maybe changing the strategy.

When they are able to get bigger profits again and recover from the losses immediately, they must have re-managed, adjusted their tactics, and several other things that made them then get bigger profits again. That's why I said "with certain tactics that are certainly very well understood and experienced". Because they must have had their own adjustments. and finally, it is indeed to get bigger profits.

Trading is also very important source for earn best profit from cryptocurrency market. So in this time your comment is very prefer. We also know that trading system is also a very profitable source in cryptocurrency market. But when we start to trade in cryptocurrency market, we should trying to understand in cryptocurrency market clearly. Because if we don't sufficient knowledge for cryptocurrency trading, we can not earn best profit from here. So I think that knowledge is very important for gain crypto currency trading. Because a professional trader should be understand in cryptocurrency world.

[TomPluz]

Yes, some of the professional traders are not as flamboyant with their activities and are not concerned with followers on social media platforms as performers or products of an elite society.

Actually, most professional traders are not concerned with those things and many of them are not known to the public which is really one of the well-known benefits of doing well in trading: we can stay anonymous and still make some good money. But there are professional traders who are now learning to capitalize on what they know by offering programs to teach others...and this is where they are looking for following as market for what they are selling. Hence, they become gurus or teachers for others who also have ambition to be success in trading.

[milewilda]

Yes, some of the professional traders are not as flamboyant with their activities and are not concerned with followers on social media platforms as performers or products of an elite society.

Actually, most professional traders are not concerned with those things and many of them are not known to the public which is really one of the well-known benefits of doing well in trading: we can stay anonymous and still make some good money. But there are professional traders who are now learning to capitalize on what they know by offering programs to teach others...and this is where they are looking for following as market for what they are selling. Hence, they become gurus or teachers for others who also have ambition to be success in trading.

Real profitable traders are the ones who doesnt really that making up some boasting up their profitability on the public but rather they are really that becoming that silent and would really be that not tending to show off since they do know that they are really that making money or simply they can be able to make money into this market. There are really just that those who are really that trying out to hook up people on trying out to be fake profitable or pro traders on which people or newbies should really be that careful. The signs that you are already profitable is on the time or moment that you are already that making up some sustainable trades despite of the loses that you have been able to commit. It all matters about consistency and good risks management.