How to Become a Professional Day Trader

[Agios 1763]

Do you want to make day trading your permanent job? Day trading is an activity of buying and selling at a broker actively for 1 day. Frequency of trading is usually done several times a day, but without bringing open positions to the next day. Day traders usually use leverage to increase the value of their daily trades.

 

Ask yourself a few questions Being a day trader is not as easy as what we imagine. Before you switch professions to make this job your permanent job, there are a number of things you should ask yourself, namely: 

- Are you ready to sit all day to stare at your monitor screen? 

- Are you ready to learn self-taught? 

- Are you able to take risks? 

- Are you ready to remain committed despite loss? 

If you can answer these questions with confidence, then you are one step ahead to become a professional day trader.

[gigabyteRTX 1583]

Well, the only important is to learn and to learn because knowledge will be the base and foundation of being successful in trading and also having skills from experience.

[Fadimah 191]

Thanks friend for posting this here. You are really right. I would love to see the continuation of this though. Full detailed steps on how to be a day trader.

[Jhadhasan 872]

Add to that from where will you have an income source that covers your needs in times of recession and in periods of loss. From my point of view, trading can only be additional work

[jacker 1095]

A professional trader who has knowledge like a library, any problem or knowledge related must know and determine the solution, and a professional trader can not lack of a complete plan. perfect.

[Goody28 259]

On 2/20/2020 at 5:11 AM, Agios said:

Do you want to make day trading your permanent job? Day trading is an activity of buying and selling at a broker actively for 1 day. Frequency of trading is usually done several times a day, but without bringing open positions to the next day. Day traders usually use leverage to increase the value of their daily trades.

 

Ask yourself a few questions Being a day trader is not as easy as what we imagine. Before you switch professions to make this job your permanent job, there are a number of things you should ask yourself, namely: 

- Are you ready to sit all day to stare at your monitor screen? 

- Are you ready to learn self-taught? 

- Are you able to take risks? 

- Are you ready to remain committed despite loss? 

If you can answer these questions with confidence, then you are one step ahead to become a professional day trader.

Well I will recommend day trading to  newbies since they are not familiar with investments strategy and cryptotrading because most of them can't actually control their emotions during trading they panic when they see that the market is dropping

[Oxygen 1004]

On 2/20/2020 at 9:11 AM, Agios said:

Do you want to make day trading your permanent job? Day trading is an activity of buying and selling at a broker actively for 1 day. Frequency of trading is usually done several times a day, but without bringing open positions to the next day. Day traders usually use leverage to increase the value of their daily trades.

 

Ask yourself a few questions Being a day trader is not as easy as what we imagine. Before you switch professions to make this job your permanent job, there are a number of things you should ask yourself, namely: 

- Are you ready to sit all day to stare at your monitor screen? 

- Are you ready to learn self-taught? 

- Are you able to take risks? 

- Are you ready to remain committed despite loss? 

If you can answer these questions with confidence, then you are one step ahead to become a professional day trader.

Nice tips. Day trading is like a full time job. We need to give full day to the market and remain update all the time. Also in needs knowledge of charts reading too.

[Cr7seven 24]

On 2/20/2020 at 5:11 AM, Agios said:

Do you want to make day trading your permanent job? Day trading is an activity of buying and selling at a broker actively for 1 day. Frequency of trading is usually done several times a day, but without bringing open positions to the next day. Day traders usually use leverage to increase the value of their daily trades.

 

Ask yourself a few questions Being a day trader is not as easy as what we imagine. Before you switch professions to make this job your permanent job, there are a number of things you should ask yourself, namely: 

- Are you ready to sit all day to stare at your monitor screen? 

- Are you ready to learn self-taught? 

- Are you able to take risks? 

- Are you ready to remain committed despite loss? 

If you can answer these questions with confidence, then you are one step ahead to become a professional day trader.

I think all these depends on the knowledge and background you have about  trading in the marketplace of cryptocurrency,  anyway I like this tips

[Sasaki 171]

Trading is profitable but it is not easy as you do, it needs a lot of patient and you must have enough knowledge about crypto and know how the market works, so you might become a successful day trader.

[ram007 391]

being a professional day trader is hard and take serious learning,because you need to understand well how will market moves. it is profitable to be a day trader but don't forget also to be a middle or long term holder if needed.

[bentayebsalah 2280]

Indeed, in order to be successful in the field of internationalization or any other field, it is necessary to devote his time with him and to develop your abilities around that

[Robert M. Gervais 19]

If you want to trade as a professional, you need to be good at trading. For this, you have to have a good idea about the cryptocurrency market and you should have experience in picking well. Then you can be a good trader.

[LifeLine2k20 43]

It is my opinion in the form of daily pro-worker. It is essential that will market regularly together with working experience profits/losses together with proceeds. Every extreme deprivation is an excellent figuring out meant for experienced traders don't repeatedly perform the fact that error in judgment, being a pro-worker can be accomplished whenever people pursue a job hard, nor toss in the towel.

[Honny143 13612]

Your speech is quit interesting you give good information, but I don't think we leave our job and do work in trading in day trading, but we need so much skills to do day trading, and always learn different strategy to earn experience in day trading, because in day trading always follows charts and continues see in monitor, so I think day trading is stretch full work.

[Michael0606 861]

Educate yourself not only about information but also about managing your mind, trading is ruthless like a war, and if you fear you will forget everything, based on the technical, study supports and resistances Eliot waves, read books as analysis of financial markets  Jhon Murphy's, or living from trading are great to start with, in our financial or extra-financial markets.

[Ms.o 3322]

Day trader is the most profitable way in trading,but in comes with risks. So learning to manage those risks and know the flows of market is very much important,so study and learn more to became a successful trader.

[NevermindNe 549]

I think that initially even in trading you need to come not for the sake of making money but for the sake of enjoying the process, many who started trading cryptocurrency did not set goals to earn money on this .

[scorpiali 5626]

Nice plan to become a professional but honest about me i really dont want to be a professional just to be good trader without make a many listake 

[phizusiki 239]

On 2/21/2020 at 8:25 PM, Alinagomes93 said:

Very well, the one significant is usually to study mainly because expertise stands out as the basic in addition to the footing of being effective with dealing and as well acquiring ability by practical knowledge.

I would love to see the continuation of this though. The steps are fully detailed on how to become a day trader. Although at some point happens after you evolve into an incredible trade on cryptocurrency forex.

[bliznec 22268]

I advise you to start learning yourself and this is the main thing that can lead a trader to an excellent result. Look at other examples and keep abreast of events, the latest news about cryptocurrencies and blockchain. 

[Dark_Sky 8489]

Just do the proper way and avoid doing illegal things when having a transaction. 

Do not be like others who doing that thing because a honest person is worth more than who do scamming in trading. 

[BrolySSJ 7899]

These are all important question in determining whether you are ready to become a professional day trader, however one of the most important question is to ask yourself if you are able to make decision based solely on fact and not on any emotions. This is one the things that most traders fail with and therefore it is important that you are ready to set aside emotions and look solely at fact.

[Brushless4500KV 4214]

Day trading is one of the hardest method of trade among others. If I want to rank the main methods from easiest to hardest, it is as the following:

Long term < Short term < Day trading

Based on above ranking, long term is best for beginners, short term is suitable for medium-level traders but day trading is only recommended for advanced-level traders.

To become a good day trader, you first need to master the other easier methods completely before trying the hardest one. In daily trade, you need to make very fast decisions and perform the most accurate predictions in shortest period of time (usually within hours and minutes). Otherwise you will just lose money every day. It requires years of practice with charts and graphs. You will not success in day trading without technical analysis.

[ahmedasd 192]

If you want to by professional trader you should to learn more to sell more to buy more and see some friend and ask them if you have any problem 

[Dark_Sky 8489]

I'm not a day to day trader and I prefer long time trading where in I prefer to save and wait for the right opportunity first before I do my moves. 

But my advice to you learn some basic trading tips.