If you want to know the professional trader from the confused trader who trades randomly.
The professional trader knows how to identify bottom areas and can read financial and fundamental indicators. They understand that timing the market is impossible and buy in batches even if the stock drops.
The confused random trader:
Does not know how to read financial indicators.
Places stop-loss orders even if the stock is at bottom areas.
Only buys after the stock has risen 10% or more from its bottom because their buy and sell signals are based on illogical data.
Therefore, you find most of this group living in illusion and confusion, and they do not understand the market and cannot understand it even if they have been trading for 100 years. The essence of experience is the correct learning with long experience; thus, the length of years is not sufficient without correct knowledge.
