How to become a professional trader

How to become a professional trader

 

To become a professional trader :

the trader must mastered trading basics and advanced basic then he can learn proven strategies and gain experience in implementing them.

Trading Basics

The phase of trading basics is the first level of learning to trade. the trader must learn from books videos.. can provide him the foundation that will support his entire career.

Learn information about trading, such as:       

  •               How prices move: for example bid and ask prices
  •              Risk management
  •              Trading hours
  •              What markets to trade
  •             Choosing the best online broker,…

Learning the Advanced Basics

After the 1st phase of Learning trading basic. The trader can learn about the various markets.

NOTE: Books on trading and instructional websites can offer information and lessons on these and other more advanced basics topics.

options trader needs to learn about options Greeks delta

 futures traders need to learn about ticks, points

 Stock traders need to learn how to short sell and the differences between pre-market trading and trading during normal hours. Forex traders need to learn about pip values and commissions

Learning Techniques of Trading

  • Self-Learning

learn trading techniques without any form of instruction is possible., but it may take longer to come up with a profitable system when compared to learning a system that is already profitable.

  • Learn from a professional

Learning trading techniques from a professional trader that will teach you his trading technique is a good method of learning.

After learning method

When the trader begins his first method of trading it may seem easy. but, once he starts to implement it, it may be harder in actuality than he had anticipated.

  • Use a demo account

 a demo account let the trader to practice his skills(strategies, methods..) without wasting real money. Even if he makes mistakes, he won’t lose anything.

Do not quit

learn and do not quit

 Unfortunately, many traders quit at this step After learning method and search for another strategy. And those kinds of traders rarely become successful. because the trading strategy requires several months or more.. for practice before the method starts producing profitable results.

 

To become a professional trader:

the trader must mastered trading basics and advanced basic then he can learn proven strategies and gain experience in implementing them.

Trading Basics

The phase of trading basics is the first level of learning to trade. the trader must learn from books videos.. can provide him the foundation that will support his entire career.

Learn information about trading, such as:       

 

 –  How prices move: for example bid and ask prices

  – Risk management

  – Trading hours

 –  What markets to trade

  – Choosing the best online broker,…

Learning the Advanced Basics

After the 1st phase of Learning trading basic. The trader can learn about the various markets.

NOTE: Books on trading and instructional websites can offer information and lessons on these and other more advanced basics topics.

options trader needs to learn about options Greeks delta

 futures traders need to learn about ticks, points

 Stock traders need to learn how to short sell and the differences between pre-market trading and trading during normal hours. Forex traders need to learn about pip values and commissions

Learning Techniques of Trading

  • Self-Learning

learn trading techniques without any form of instruction is possible., but it may take longer to come up with a profitable system when compared to learning a system that is already profitable.

  • Learn from a professional

Learning trading techniques from a professional trader that will teach you his trading technique is a good method of learning.

After learning method

When the trader begins his first method of trading it may seem easy. but, once he starts to implement it, it may be harder in actuality than he had anticipated.

Use a demo account

 a demo account let the trader to practice his skills(strategies, methods..) without wasting real money. Even if he makes mistakes, he won’t lose anything.

learn and do not quit
Do not quit ;

 Unfortunately, many traders quit at this step After  learning method and search for another strategy. And those kinds of traders rarely become successful. because trading strategy requires several months or more of practice before the method starts producing profitable results.