What separates Professionals From Beginners?

[indieover]

Yeah it's the experience that separates the professional. I don't think we can call anyone professional if they don't have lots of experience in trading. Because experience would be a good way to learn so without experience its just impossible for anyone to learn well to trade.

 

[budado]

And that experience can help professional recover from loses they incur when they get MC. Before I see MC as something that is bad. But right now I realize that no one is really immune to get MC. One thing I'm sure right now that even if I get MC I can still end up making profit after four to five months. In short if I get MC its take me four to five months to recover.

 

[indieover]

Of course , their own experience in forex trading would definitely help then I do have a very good strategies so that they would be able to avoid to make losses or even help them to recover their losses.

 

[Taha Nizam]

I think forex does have the way to keep the professionals and the newbies apart based on the capital and the skills. you can easily see that capital is what makes the difference with the professionals and you can see that most of the time it does matter how you end up with it.

 

[Markllee30]

Yes, separates Professionals from Beginners some are following reasons:-
1. Professionals trader has good sound of knowledge.
2. Professionals trader has good experience.
3. Professionals trader has good decision-making.
4. Professionals trader always make preplan.
5. Professionals trader always follow market activity and expert advices.

 

[riddick09]

It's just more of the experience and the knowledge but certainly no difference on their goal and what they are doing in Forex. That is to generate profits in the market from trading and definitely make use of a strategy. Everyone not only professionals should have trading plans.

 

[chintu]

Professional traders will always try to have a good command on the market and they will try to have a very good analysis of the market movements and there experience teaches many things to them . but newbie traders are just the beginners so there may not perform as well as the professional traders performance .

 

[indieover]

Yeah we just expect one go home more knowledge and execution of the trade if he calls himself a professional and so we may think that he would know how to reduce the risk more or better and so we think that there's more chance for him to succeed in forex.

 

[ryuken]

I think forex professionals have seen that it is quite hard to make money unless you have some skills and that is what the main difference of the begineers and the professionals. You can see that it would be quite hard to manage the forex trading earning and loss withoout the skills so we have to see that you need some decent skills there.

 

[budado]

Experience. the more we trade in forex the more chances we can make good income in forex. And since newbies has limited trading experience yet they still do the mental thinking before they trade while veteran or successful traders already know how to trade and how to make good income in forex.

 

[riddick09]

It's becoming more important for traders to have experience. These experience serve also as different for the type of traders. Because, the more experience we have, the more we understand the market and therefore, we can analyze better and to have successful trades.

 

[hadg33]

Yes,experience is what really separates forex professionals from forex beginners,the forex professionals tends to have more experience than the forex beginner,and this experience still brings about skills and strategies,I believe a professional should have more skills and strategies than the forex beginner

 

[eddiej]

Basically, professionals have spent years, studying and perfecting their trade over a course of years (or maybe even decades) to the point where they've become profitable in forex trading. Newbies, on the other hand, are just starting out, "learning the ropes" as one might say. The transition from a newbie to a pro will take time, years even. It'll take a lot of hard work and dedication, just like any other endeavor.

 

[hadg33]

That's just it,you have said it all,what separates professionals from beginners is experience,the professional would have been trading for so many years while the beginner is just starting,the forex professional would sure have so many working startegies to trade forex while the beginner might not even have one

 

[Daisy]

A pro has more knowledge, skills, talent, vision, risks, and capital. They earn more and they have more so they're a different kind of class then normal traders. These could be financial guru who works in finances daily and they know the up and down of forex without having to read much further. They know it like the back of their hands. They can make more profit than normal traders. They have strategies that are unheard of. They have strong self control and disciple and most of all more talent.

 

[Cutiekc]

Just the knowledge, exprience and skills is what that put difference between the proffessional traders and the newbie because the professional trader is someone who have been trading for long time and have faced so many market behaviour and newbies are yet to exprience such things.

 

[tray]

What seperate the professional trader with the beginner is the knowledge level the difference in their knowledge is the ultimate thing that bring them to differentiation here in the forex world and that is just true I beleive

 

[Bonyi]

What separates a new trader from a professional trader is first knowledge and then experience. The professional will always succeed because he knows how to apply knowledge better than the newbie who just came in to forex. Knowledge is power they say.

 

[gkintl]

It is the ability to cut down losses and ride on profits that separate a professional and beginner. A professional does not wait for trend to turn in his favor where as a beginner usually waits endlessly until the account receives a margin call. Also, a professional will remain calm irrespective of whether the trade goes for or against him. On the other hand a beginner either gets excited or stressed out.

 

[budado]

Professionals some how has good chance to make good income in real account while newbies can end up getting MC most of the time. And professionals can jump back if they loss money while newbies can end up mc and has hard time recovering.