What separates Professionals From Beginners?

[riddick09]

For sure, it also differ from the amount of the trading capital also. Since they can't make huge profits if they don't have enough trading capital for making huge profits. We also think that it also differ from the consistency of their trading like they made profits often and less losses.

 

[Syrine22]

I think there is every chance of newbies making huge profits likewise but yet that would kind of be a luck but yet that doesn't make them professionals.The wish of we all is that we get to be a professional someday but yet we have to learn the basics.

 

[indieover]

Yeah most of the time that the newbies would have to depend on luck for them to earn something well in forex. It's just so hard to make profit in forex. So the newbies would need a lot of luck for him to succeed in forex.

 

[Tirus]

Yes, newbies have no knowledge of trading and dont have anything to base their trading decisions on let alone a trading strategy while professionals have been in the business for while and know the tricks of the trade. They are more prepared for their trades and know how to react in different situations.

 

[riddick09]

Their gaps are definitely their trading experience and the time spent in forex trading. For sure, we can't really determine how a trader to consider a pro trader but all of us will start as novice traders. I don't think also that 2 years in trading they will be a pro trader but they can still even consider as still newbie.

 

[Syrine22]

Well to me 2 years is a great time to learn but yet i think if one wouldn't be putting all into it,it would kind of be a wasted time.sincerely to me if one goes ahead to put all into forex then he or she wouldn't be referred to as a newbie but a pro after long learning.

 

[indieover]

Yeah I think that in two years we could have been an expert trader already if you are active trader and not just a casual trader. So I just hope that I would be able to develop my skills pretty well in two years.

 

[sindarin]

the way they act in trading , beginner if they loss get frustated and stop maybe for quite long time from trading, but pro is not a man that easily give up, also they have good mentality rather than beginner, and of course skills and experience what separates begineer from professonal

 

[Syrine22]

Another is the application of strategies.A forex expert would always have much strategy than a forex beginner.Another is the way they think.A forex expert would be applying wisdom to their trading than a forex beginner at any point of time.

 

[budado]

I guess attitude and discipline. A newbies is really prone to emotional stress. I have experience this stressful nights when I'm trading and losing money and worse part is that since you don't know what to do to save your account you get frustrated. But right now I don't worry anymore even if I'm near MC. Because I know what to do or have options what to do not to get MC.

 

[hadg33]

Well,I think that is an individual thing,i mean emotionally stressed,the gap between a professional trader and a beginner trader shouldn't be compared cos the pro trader has been into the business for a long time and that would make the pro trader to have more experience than the beginner trader

 

[Tirus]

It is mainly the experience that one has because the professional has been involved in many trades and has probably developed a better trading strategy for example. It's also be the fact that they have also been in different situations and have over time learnt how to handle themselves better during trades.

 

[sindarin]

It is mainly the experience that one has because the professional has been involved in many trades and has probably developed a better trading strategy for example. It's also be the fact that they have also been in different situations and have over time learnt how to handle themselves better during trades.

more loss and more profit, i think that is about experience, more experience in trading give them better result in next trading and they can handle more situation rather than newbie which just started their business, but not all professional better than newbie.

 

[Syrine22]

I think all professionals are much more better than newbies.my question is what makes them professionals??it is majorly because they have gained much experience compared to that of the newbie.sincerely a person remains a forex newbie and would only be called a professional only after he gains experience.

 

[sindarin]

only after he gains experience ?, wow that is amazing so if we just trade in demo account for 3 months, we get trading and you can tell us as professional? make sure you know how the real pro work when they trade, they are full with strategy that in most of time works, but only few of them that failed with their works.

 

[Tirus]

... but not all professional better than newbie.

I am trying to understand what you mean by this. The professional is someone who has been trading for a long time now and is using that experience that they have gained in order to make consistent good profits. A newbie is just getting into the business and doesnt know much so how can they be better than the professional ?

 

[Syrine22]

[MENTION=347]Tirus[/MENTION]:i dont think he has a idea of what he is saying.How can a newbie be better than a professional!!A newbie can be lucky to earn better than a proffessional but a newbie can never be better than a professional in anyway.

 

[Taha Nizam]

Really most of time the beginners would have to rely on fortune for them to generate something well in currency trading. It's just so difficult to create benefit in currency trading. So the beginners would need a lot of fortune for him to be successful in currency trading.

 

[hadg33]

There are so many factors that would be seperating a beginner trader and a professional trader,a professional trader tends to have more knowledge and experience in forex than the beginner,the professional would have so many skills and strategies to use while trading

 

[Tirus]

Really most of time the beginners would have to rely on fortune for them to generate something well in currency trading. It's just so difficult to create benefit in currency trading. So the beginners would need a lot of fortune for him to be successful in currency trading.

You are right in that for a beginner to be good early trades then luck would have had to play a role in the trading. But the question is how long would it last because they wont be lucky in all their trades. The professional on the other hand has experience to back up their trading decisions and has a trading strategy suited to them that they have personalized for a long time now.