How can someone be called a professional trader?

[DavetJack]

You're not the one to tell people on how professional you're when it comes to trading, you must know that this is the sole evidence required from you that others may have to see from your past trading performance, this alone is more convincing because you're able to proof them on what you can offer and have been capable of over time, being a professional trader entails having successful results of making trades which are profitable and enviable by others.

I think if someone is a professional trader then he must have made a few trades every month or a few trades in a week. And besides doing this trade, if he can improve his life by being involved in trading or can help someone else in this trading or his every trade shows signs of improvement, he can be called a professional trader.

But I think if there is someone like that then he must have someone else help him in this regard. Or there are many forums where they should explain it with their posts.

[Legion]

You're not the one to tell people on how professional you're when it comes to trading, you must know that this is the sole evidence required from you that others may have to see from your past trading performance, this alone is more convincing because you're able to proof them on what you can offer and have been capable of over time, being a professional trader entails having successful results of making trades which are profitable and enviable by others.

I think if someone is a professional trader then he must have made a few trades every month or a few trades in a week. And besides doing this trade, if he can improve his life by being involved in trading or can help someone else in this trading or his every trade shows signs of improvement, he can be called a professional trader.

But I think if there is someone like that then he must have someone else help him in this regard. Or there are many forums where they should explain it with their posts.

Performing in the world of trading makes us come to realise that success in trading does not happen as we carry out normal trading. Sometimes, it seems that professionals work more on the market, devote more attention and time to analyses, risk and developing a great strategy. It requires not only the knowledge of technical techniques but also the mind-set on the market predicting and handling the revulsions. Here, what has been discussed regarding the quality of trading system is a much greater dimension than the question of making good money. This comprises more significant information about how trading could be the way to improve one’s financial position, and it is considered as a way to help others. At times, it may be frustrating to ponder a problem for a long time or we need to look for new ideas on what to do and forums or consulting other traders is beneficial.

[taufik123]

Luck does not play a significant role in trading. Trading is not gambling, where luck is the deciding factor. Research, discipline, and risk management are the elements that can help traders succeed in the long run. A trader must keep up with market trends and keep an eye out for market information.

Luck is only part of it and it is true that one of the important factors is disciplined research and risk management as well as how to conduct technical and fundamental analysis to determine where the price will go.
Market trends are constantly changing and as a trader you have to know how the market will move.
It will not be fully known, but there are many signs that will occur if we observe carefully.

[sampoerna]

Luck is only part of it and it is true that one of the important factors is disciplined research and risk management as well as how to conduct technical and fundamental analysis to determine where the price will go.
Market trends are constantly changing and as a trader you have to know how the market will move.
It will not be fully known, but there are many signs that will occur if we observe carefully.

Exactly, luck is like a blessing that if we get it, we enjoy it, but we cannot guarantee that it will be there in every decision and trading action of ours every time, because luck cannot be controlled.

while our various efforts, preparations, understanding, discipline, and management skills, that's what we can get, prepare, and establish, so that we can create greater opportunities to get more significant and sustainable gains.

[DavetJack]

Luck is only part of it and it is true that one of the important factors is disciplined research and risk management as well as how to conduct technical and fundamental analysis to determine where the price will go.
Market trends are constantly changing and as a trader you have to know how the market will move.
It will not be fully known, but there are many signs that will occur if we observe carefully.

Exactly, luck is like a blessing that if we get it, we enjoy it, but we cannot guarantee that it will be there in every decision and trading action of ours every time, because luck cannot be controlled.

Yes, luck can never be predicted, it can happen at any time. No one can ever guarantee that my luck can change now. When we trade, we think that maybe we can achieve success here depending on luck. But this is one of the things about trading. Because this training does not depend on luck, but here you have to use your own knowledge and choose your own path. Or you have to consider a market well and know the fundamentals and then move forward here.

[Hisbullah]

Luck is only part of it and it is true that one of the important factors is disciplined research and risk management as well as how to conduct technical and fundamental analysis to determine where the price will go.
Market trends are constantly changing and as a trader you have to know how the market will move.
It will not be fully known, but there are many signs that will occur if we observe carefully.

Exactly, luck is like a blessing that if we get it, we enjoy it, but we cannot guarantee that it will be there in every decision and trading action of ours every time, because luck cannot be controlled.

while our various efforts, preparations, understanding, discipline, and management skills, that's what we can get, prepare, and establish, so that we can create greater opportunities to get more significant and sustainable gains.

You are right, luck is a blessing, but we cannot always rely on luck. That's why we must always learn and practice making analysis and developing the right strategy so that in investing and trading we can get profit and don't rely too much on luck, because sometimes luck doesn't come often to our lives.

[Flydove]

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 consider a professional trader as someone whose approach to trading is more business-like. One who makes a vocation and livelihood from trading than just leisure activity. One whom pushes over and again for growth and profit making, learning daily how to properly manage the diverse risks associated with trading and still win.
Moreover, being a profession trader doesn't necessarily mean they won't record loses but whose margin of profit greatly exceeds the loses.

[taufik123]

You are right, luck is a blessing, but we cannot always rely on luck. That's why we must always learn and practice making analysis and developing the right strategy so that in investing and trading we can get profit and don't rely too much on luck, because sometimes luck doesn't come often to our lives.

Someone who expects luck to keep coming is a sign that they are not trying to learn how to do good and correct strategies and learn the basics of good trading.

Relying solely on luck in the end will be nothing to gain, Hoping for an investment that they don't even understand.
I myself am trying to learn how to do technical and fundamental analysis in order to know how the crypto market works, so that it is not just guesswork, but I have the basics of determining where the price is going and I know what to do.

[JollyGood]

As stated earlier, a professional trader can be someone that makes regular or irregular trades. The number of trades completed should not determine his credentials. Even though it might sound strange, he does not need to make a profit in order to be a professional trader because they can make mistakes.

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...

[milewilda]

As stated earlier, a professional trader can be someone that makes regular or irregular trades. The number of trades completed should not determine his credentials. Even though it might sound strange, he does not need to make a profit in order to be a professional trader because they can make mistakes.

Mistakes are inevitable, the most important thing on here is on how you do able to find yourself sustainable. Its true that it doesnt matter whether you are dealing up with more trades or much more lesser trades. There are those intraday traders and there are those who are swing traders on which means that duration and the number of trades will definitely differ to each other. Professional traders are those people who do able to sustain up their trading despite of the loses on which this is the primary target that you should trying out to achieve. It might takes time but its not something imposisble for a trader to achieve on.There are really just that those situations that you do rush up yourself on trying out to learn things and this what makes up some kind of desperate on which this isnt good.

[DavetJack]

Luck is only part of it and it is true that one of the important factors is disciplined research and risk management as well as how to conduct technical and fundamental analysis to determine where the price will go.
Market trends are constantly changing and as a trader you have to know how the market will move.
It will not be fully known, but there are many signs that will occur if we observe carefully.

Exactly, luck is like a blessing that if we get it, we enjoy it, but we cannot guarantee that it will be there in every decision and trading action of ours every time, because luck cannot be controlled.

while our various efforts, preparations, understanding, discipline, and management skills, that's what we can get, prepare, and establish, so that we can create greater opportunities to get more significant and sustainable gains.

You are right, luck is a blessing, but we cannot always rely on luck. That's why we must always learn and practice making analysis and developing the right strategy so that in investing and trading we can get profit and don't rely too much on luck, because sometimes luck doesn't come often to our lives.

Yes, what you said is absolutely right. Luck is a real blessing but we should not always depend on it. We should try to do something on our own and start analyzing using our own strategy and our own talent. And gradually become a professional investor. And we should make our analysis correct so that we can get profit from it. So we should not always depend on luck but we should try to use our own knowledge.

[Hatchy]

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

I think most of these guys are investors not traders. Most of them just let their money do the whole task and since they have millions of dollars to risk in investing, they literally would benefit more from even the smallest pumps in the market. Traders most time have to understand the market and experience it themselves. Though before you tell your self that you are a professional, you must at least have a good proof not to the public but to your self. What kills the most in trading is over confidence and you trying to tell the public you have arrived when you haven't fully understood the market dynamics.

[Mr. Allcrypto]

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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.

Yeah I think I agree with you on this,

So many traders out there claim to be experts or professionals but for many I won't agree because they haven't met the task of achieving mostly profits consistently and by this I don't exclude losses because it's almost impossible to achieve this without losing one or two times but the winning margin but be flowing consistently and ofcourse be of a very greater margin than that of the acclaimed expert who losses but chooses to tell only his winnings.

[enwi]

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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.

Yeah I think I agree with you on this,

So many traders out there claim to be experts or professionals but for many I won't agree because they haven't met the task of achieving mostly profits consistently and by this I don't exclude losses because it's almost impossible to achieve this without losing one or two times but the winning margin but be flowing consistently and ofcourse be of a very greater margin than that of the acclaimed expert who losses but chooses to tell only his winnings.

It is easy for me to see why you worry and do not trust many people who claim to be professionals. In the world that is rather free and open, as the example with cryptocurrencies, it is incredibly simple to seem to have the perception of only one side of the storey. However, when only success is portrayed, this picture is not very accurate and much more can be told. In fact, true ability is in the ability to accept failure and losses and to come out of it a winner. In the case of a positively honest person, this will come Speak in the long run without practising deceit or inflating numbers. As for the individuals, I rely more on those who not only stay in the background but who do not need to remind everyone about their performance every time the market rises.

[Joeboy]

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?

First and foremost, I will say that there is no such thing as professional traders, because those guys or ladies you think to be doing well are still in the process of becoming, they are still learning everyday, there are a whole lot of things that they haven't even known yet. However for the purpose of this post, I will say that for we to say that one is a professional in trading, that personnel must have been able to to properly navigate and understand the crypto or forex space, such that that individual generated high level of profit on every trades he make that is if course if he is a crypto trader. Having numerous coin or Bitcoin stash away in your wallet without having a constant flow of more coins or profit doesn't make one a professional trader, rather he or she is just a hussler who is saving for the future
Another way to know if one is a professional in trading is that that person is always current on everyday trends, infact he or she is current on news and happing not just in his country but of other countries.