See which stage of trader you belong to
Novice traders have not yet mastered a trading system that can make money. They have read a lot of books and learned a lot of technical forms. They make money by luck and lose money by strength. It is not recommended to explore on your own at this stage. It is best to go to a trading company for training and study, or find a trading circle to learn from traders with stable profits. At this time, you have no income, and even continue to lose money to pay tuition.
Qualified traders have mastered a trading system and can achieve a total profit in a year, but it is very unstable. From time to time, they will make mistakes and cause large drawdowns, but the income is barely enough to solve the problem of food and clothing. Determined people can still reach this stage through hard work, but most of them will be stuck in this stage for a long time, and may never break through.
Mature traders, congratulations, at this stage you have defeated at least 90% of people and achieved stable profits. Large drawdowns will occur, but this situation is getting less and less. Your income is already much higher than the income of ordinary jobs.
First-line traders, traders at this stage are likely to be star traders or supervisors of trading companies. After the market closes, other traders will come to ask you for advice, and you will also be slightly famous in the trading circle. Your performance is likely to account for half of the team of 20 to 30 traders. You control the retracement perfectly, and you can open orders with heavy positions in deterministic markets. You have mastered various trading systems, and you are no longer bound by various rules and regulations, and you have a deep understanding of the connection between market fluctuations and market logic.
Top traders, legendary traders, it is not an exaggeration to describe them as one in a million. At this level, it can no longer be simply explained by hard work and talent. The scale of your operations has exceeded the imagination of most people. Floating profits and losses are just numbers in your eyes, and calmness is your normal state. You have completely despised the small-scale market, and only large-scale fluctuations will make you go all out. Most of the time, you are the market leader, not the market follower.
