How to become a professional trader in 2023? Here are 10 things to know

In the past, Indian citizens preferred traditional saving options due to the high-risk perception of the equity market. But with the shift in technology and financial literacy coupled with low-interest rates, people started viewing the stock market as a way to earn a passive income. The COVID-19 pandemic has resulted in many entering the market for the first time and subsequently aiming to become a professional trader. To achieve this, individuals must gain a comprehensive understanding of financial markets, gain practical experience, create a trading plan, practice risk management, continuously learn, and have patience. Algo trading is fast becoming a popular trading mode but requires familiarity with programming languages like Python.

How to become a professional trader in 2023? Here are 10 things to know
In the past, Indian citizens preferred traditional saving options due to the high-risk perception of the equity market. But with the shift in technology and financial literacy coupled with low-interest rates, people started viewing the stock market as a way to earn a passive income. The COVID-19 pandemic has resulted in many entering the market for the first time and subsequently aiming to become a professional trader. To achieve this, individuals must gain a comprehensive understanding of financial markets, gain practical experience, create a trading plan, practice risk management, continuously learn, and have patience. Algo trading is fast becoming a popular trading mode but requires familiarity with programming languages like Python.