How can I become a professional trader ?
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Learn the art of bargaining with street vendors xD then you will know the nuances of how painful it is
Jokes apart: Support street vendors:)
Also keeping in mind to not become an unprofessional one
Instead of asking here, if you would have asked AI, you would have your answer.
Becoming a professional trader involves several steps. Here's a concise guide to help you get started:
1. *Learn the Basics*: Understand the fundamental concepts of trading, including market dynamics, chart patterns, and technical analysis¹. Familiarize yourself with terms like support, resistance, and moving averages.
2. *Develop Trading Systems*: Create strategies that suit your risk tolerance and investment goals. Backtest these systems using historical data to evaluate their effectiveness².
3. *Gain Experience*: Start with small investments and gradually increase your exposure. Learn from both winning and losing trades. Consider paper trading to practice without real money¹.
4. *Choose a Reliable Broker*: Research and select a reputable brokerage platform that aligns with your trading style. Ensure they offer competitive fees, reliable execution, and good customer support¹.
5. *Focus and Discipline*: Trading requires mental resilience. Stay focused, avoid emotional decisions, and stick to your trading plan. Consistency is key².
6. *Risk Management*: Understand how to manage risk. Set stop-loss orders to limit potential losses and diversify your portfolio to spread risk¹.
Remember, becoming a professional trader takes time, dedication, and continuous learning. Start small, embrace losses as learning opportunities, and seek mentorship if possible³. Good luck on your trading journey! 📈
Source: 7/30/2024
(1) How To Become a Professional Trader (With Salary and Job Outlook) - Indeed. https://www.indeed.com/career-advice/finding-a-....
(2) How to Become a Successful Trader (Step-By-Step). https://www.tradingheroes.com/become-successful....
(3) Going Pro: A Step-by-Step Guide to Making a Career as a Short-Term Trader. https://realtrading.com/trading-blog/how-to-bec....
(4) How to Become a Professional Trader – 2 Main Paths - Day Trading. https://www.daytrading.com/become-professional-....
Modi jee and Nirmal tai are trying to push you away from market... And here you are thinking about becoming a investor
By losing money and not posting it on Desi Dime
By deploying at least 10,000 Cr trading funds into the market ,you will become a professional trader ( operator).
yes without big capital one cannot become professional trader
By learning the art of lying on YouTube and X. And making profit from selling courses and loss from trading in the market.
Become an Investor.