Four stages of trading - the road to stable profits
Conclusion
These four stages need to be walked out step by step and understood. Although timing is the most important, it is useless if you do not have the ability to attack and defend. If you can't attack, defense is worthless. If you are not beaten to a pulp by the market, you always think you can beat the market. When I was groping on my own, it was like walking in the dark. If someone could point out which stages to go through, what to do in each stage, and what to practice, at least I could avoid 80% of the losses (tuition fees).
