Professional traders are skilled

[The trader]

as a new Forex trader psychology of school + trading in a demo account = the perfect combination for bringing a good result as newbie.

 

[FXOpen Trader]

as a new Forex trader psychology of school + trading in a demo account = the perfect combination for bringing a good result as newbie.

It becomes very important for the traders to be able to correctly understand about the Trading Psychology.

 

[Flotsamm]

Beginners in forex trading develop skills as they learn about forex trading. While practising and trading on a live account, traders eventually master these skills. Their skills and experience reflects their professionalism as they trade with perfection.

 

[traderface]

Professional traders are definitely skilled and their experience in trading will also help them to make more returns.Many professional traders observe the market on daily basis,follow a trading routine.It is important to notice that they have pre-planned strategy and stick to them.Also they take time to evaluate their trading performance .

 

[Manscape]

Professionalism demands skills. If you see professional traders, you will see they are very skilled and experienced which is translated into their trading. They understand the market quickly and are adept in taking the right decision at the right time.

 

[Andrew McCalam]

there is any difference between successful and professional trader ?

 

[FXOpen Trader]

there is any difference between successful and professional trader ?

I can say that i am a successful trader but i am not a professional trader.
It means that Forex trading is not my main profession and i do not derive the main income from Forex trading.

 

[Davidfx89]

risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.

 

[Alexander Hudson]

Yes, professional traders are skilled and you can feel it seeing their trading style. You will never see them taking risks insanely and they don’t ignore simple things. They have equal priority for everything. They are free from all bad practices like over-trading, trading in volatile market in the expectation of gaining more profits.

 

[Perforate]

They learn from their mistakes and edit their strategy based on which trend will give them the most profit. Expert traders have a strong risk management system and focus on their goal.

 

[Flabbergast]

This is very obvious that without skills no one can be called a professional. Being professional itself means that the person knows things better than others do. Professional traders are in the game for a longer time and are successful in making profits.

 

[Oscar Shumack]

Professional traders are hard-working about trading and they spend time to ignite their trading skill. They pass their whole day in trading and they profit they gain is the result of high pursuit and patience. They never get frustrated about trading because it leads them behind.

 

[Andrew McCalam]

what you think there is any difference between successful and professional traders ?

 

[Eduardo Lucchese]

Professional traders are skilled but new traders are not because they prefer jumping onto live trading without enhancing trading knowledge is the reason traders’ can’t touch their milestone. This is the reason that always keep them lag behind. So, traders should focus maximizing their skill so they can benefit from trading. Demo trading can help them in hitting their target.

 

[Hughie Lane]

Professionalism is impossible without skills, which can only be learned and practiced. The majority of professional traders have obtained their professional badges following years of practice. New traders should also practice patience and concentrate on improving their skills while trading.

 

[Karley Walker]

I have almost 5 years trading exoerience and I see, risk management strategy involves those processes that mitigate the risk level from trading. For example- high leverage, trading in high spread trading pairs, avoiding news trading and many more. It is obligatory to maintain risk management strategy because there is no other way left that can give traders profit on average.

 

[Andrew McCalam]

the risk management its all about to avoid unfortunate risk and losses.

 

[Eduardo Lucchese]

Yes, all of the pro traders are full of trading knowledge and experience! Anxiety arises when traders start trading in real account. But they are brave when they trade in demo account. Actually, they can’t develop their knowledge completely through demo trading and that’s why they can’t get out of this fear, which encourages them not to trade.

 

[Alexander Hudson]

Pro traders are very serious on their learning process & mistake! Occurring mistakes are a common phenomenon in Forex trading. Whatever the market condition is, traders should retain their patience level and no need to hasten to taking an entry. If a trade hits SL, it not only hits hard the capital but also the confidence level. Traders should use low lot so that if any SL is hit, it doesn’t depress them.

 

[Ferro Bianchi]

The only thing that can help you in forex is your skill and knowledge in trading which you have to develop by hand on experience and learning. But apart from that there are some other qualities that a professional trader has: patience and consistency. You will never see a professional trader being restless or panicking over a trade. They just trade with a sensible and calm mind and let the market do its work. This is something that many new traders lack as they are too eager to take out profits and this makes them prone to losses as they overtrade without calculating the risk.