LEVEL 1: THE BEGINNER TRADER
Your focus is on studying, understanding, and beginning to establish your trader’s constitution, methodology, and trading strategy to match your personality. Practice first on a demo account to become comfortable with the trading platform before trading with real money.
LEVEL 2: THE COMPETENT TRADER
You acquire conscious competence. You begin to trade with real money, work through your emotions, and learn to trade within the equity management rules to achieve a consistent financial return.
LEVEL 3: THE EXPERT TRADER
You acquire unconscious competence. You mechanically execute profitable trades with no emotion. Your decisions are based on your belief, education, established rules, and experiences to achieve a consistent financial return.
Your focus is on studying, understanding, and beginning to establish your trader’s constitution, methodology, and trading strategy to match your personality. Practice first on a demo account to become comfortable with the trading platform before trading with real money.
LEVEL 2: THE COMPETENT TRADER
You acquire conscious competence. You begin to trade with real money, work through your emotions, and learn to trade within the equity management rules to achieve a consistent financial return.
LEVEL 3: THE EXPERT TRADER
You acquire unconscious competence. You mechanically execute profitable trades with no emotion. Your decisions are based on your belief, education, established rules, and experiences to achieve a consistent financial return.
