A professional forex trader trades fulltime in the foreign exchange market and has a strategy that shows consistent profitability. Here are some important points why professional forex traders, in our view, succeed far more in the market: 1. They have a large trading account (>10.000 $), 2. They know the right money management, 3. They have a daily trading plan (and do not trade every day), 4. They have a daily trading strategy, which has proved profitable, 5. They are able to adapt to market changes, 6. They analyze the market technically and fundamentally every day, 7. They maintain a trading journal and 8. They have the mental strength and discipline to follow the same approach every day.