How can someone be called a professional trader?

[densus88]

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.

Becoming a professional trader is not easy and takes a long time because becoming a professional requires practice and always learning to see the market and have the right strategy.
I am also not a professional because I am still learning in trading in order to collect profits and this is a process to become a professional trader we have to learn, who knows until when

[sampoerna]

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.

That is why it will never be easy to do cryptocurrency trading which does have quite a high risk, because it cannot be laid on luck only, because this is not gambling. So, if there is really no mature preparation to do trading, it is better not to do it first, it is better to focus on learning first about various things that affect trading activities and their results. rather than doing it without preparation and only risking our money into loss.

[enwi]

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.

That is why it will never be easy to do cryptocurrency trading which does have quite a high risk, because it cannot be laid on luck only, because this is not gambling. So, if there is really no mature preparation to do trading, it is better not to do it first, it is better to focus on learning first about various things that affect trading activities and their results. rather than doing it without preparation and only risking our money into loss.

I agree with how you see it. Trading is not an instant game and cannot be guessed based on luck all alone. Some people cannot face aspects, whether those things don’t come together as expected. If you choose to take a break, re-examine your understanding, and then decide the appropriate time to move, you are not wrong. In my case, for example, being calm about it and not the forced thing trying to move even in a situation that I am not prepared for is a better thing than just keeping moving because you want to enter a trend quickly even though you don’t fully understand it.

[milewilda]

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.

That is why it will never be easy to do cryptocurrency trading which does have quite a high risk, because it cannot be laid on luck only, because this is not gambling. So, if there is really no mature preparation to do trading, it is better not to do it first, it is better to focus on learning first about various things that affect trading activities and their results. rather than doing it without preparation and only risking our money into loss.

If you are a complete noob then the best approach is to have some demo trading first before you would be trying out to deal up with real balances. It might give out that complete learning but it will be a good initiative at the moment that you do become that wary about on technical aspects then this is the time that you do consider out on trying to make some live trading on which this is where you do able to find yourself having that kind of learning on emotional aspects and thats what you should be trying out to consider. So at the time that you do able to have that good grasps on how this market works then try out to make use of real capital and of course you should make it small first and trying out to make that balance bigger.

[DavetJack]

A professional trader is a person who works in finance. And invests as a trader or in a full-time role, sometimes or as a hobby. And they rely on their own knowledge and their own training, they apply them to a currency and analyze the currency well and invest there. They can work for themselves in a trading company, in an asset management firm or as a freelance trader for individual clients. And the way each currency is analyzed is almost the same. We can call a professional trader a professional trader who works for multiple days in the hope of profiting from long-term market fluctuations.

[DragonF]

If you are a complete noob then the best approach is to have some demo trading first before you would be trying out to deal up with real balances. It might give out that complete learning but it will be a good initiative at the moment that you do become that wary about on technical aspects then this is the time that you do consider out on trying to make some live trading on which this is where you do able to find yourself having that kind of learning on emotional aspects and thats what you should be trying out to consider. So at the time that you do able to have that good grasps on how this market works then try out to make use of real capital and of course you should make it small first and trying out to make that balance bigger.

Learning to trade on a demo account can be beneficial, but it does not provide the trader with emotional experience. A trader using a demo account will not panic because the money is not real, he loses nothing, and the experience is incomplete.

Most of the time, the experience gained using a demo account is not the same as what the trader will encounter when he begins real trading. I believe that in order to learn trading more effectively, a trader should spend less time trading with a demo account. The trader should be willing to engage in actual trading without fear of losing money. 

[JollyGood]

There is no real definition to describe what a professional trader is (or what actions someone has to undertake in order to be called a professional trader). The thread is full of examples of what could or should be definitions but it will remain down to matters of opinion.