In this video, you'll discover how long it takes to be a profitable trader.
Go watch it now...
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
Go watch it now...
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
The first stage of your trading journey is what I call the hyper Newbie. So at this stage is where you are filled with hope. Super a lot of optimism, right? You learn everything that you can get your hands on, right trading strategies, chart patterns, indicators, so on, and so forth. And then what happens is that you realize that the more you learn, right, you still end up blowing up your trading account.
So what happens is that you realize risk management plays a part. So when you reach this realization is where you move on to stage two, the Risk Manager. So at this stage you practice proper risk management right. Not risking more than one percent or two percent of your account.
You manage your risk. But still you realize that you're still suffering right death by a thousand cut, your account is still bleeding. And it's only when you realize man I need to have an H in the market. So that's where you move on into stage three.
The Lone Ranger So at this stage is where you start to discard everything that you have learned and focus on the five or ten percent of the stuff that matters to you to develop your age in the markets. And once you've successfully developed an age is where you move on to. The fourth stage is what I call the business owner where you adopt right or refine multiple trading strategies to trade the market so you can profit in different market conditions. And if you ask me in my opinion, it probably take you anywhere from you know, at least three years or more to reach the fourth stage.
Actually insane that you explained the exact process I’ve gone through. Currently going into the “business owner” stage. Believe I’ve found an edge, learned to manage risk better, blocked out a lot of the noise and things I learned that don’t help me really but simply distract me. Starting to find a good strategy, just need time.
Your short is very helpful
Is not about the amount of years you have spent in the market is about amount of time and effort you spent to learn in the market
exactly my story ……damnnnnn
What's Edge?
2.5 years completed but still learning 🙏