Sunday, August 8, 2010

Levels Of A Trader

LEVEL ONE: Beginner Trader - To study and paper trade for a minimum of one month with imaginary money, gaining the experience required to establish a track record of profitable performance.
LEVEL TWO: Advanced Beginner - To trade one or two lots with real money, working through emotions and establishing a track record of making money.
LEVEL THREE: Competent Trader - To trade in control with equity management, achieving a financial return.
LEVEL FOUR: Proficient Trader - To trade based on my belief, education, and experience and achieves a financial return.
LEVEL FIVE: Expert Trader - To mechanically execute profitable trades with no emotion.

No comments:

Post a Comment