Thursday, 15 January 2009

LEVEL OF TRADER

HOW TO CAREER AS ONLINE FOREX TRADER

Free guide on how to have business and career in the money market through the internet. Equipped books (ebook) forex that can be downloaded for FREE, and how the strategy to reach the maximum benefit in the world money market. Career opportunities and earning unlimited business of forex trading, capital only internet access (from; cafe, office or home) and your willingness to learn

Good Level of Trader

Is a professional trader promises?

Why most traders are losers?

Why play the forex and stock loss?

THIS IS PHASE OF A TRADER TO BE SUCCES IN THE FOREX

Level 1 unconscious Incompetence

Once you sign the wrong agreement trading, disinilah you are. You become a trader because you heard that the income of a trader can overcome a director of the state-owned income. While the simulation is more profit you have 3 times, and what susahnya?.

You may be able to profit with the results of a stunning 100 points to 200 points per day per lot, but it's all just luck beginner course. at first you will not believe, with only 1 indicator rely only, or even just with insting (read an article about the psychology insting trading), yet you can profit.

However, market will overcome you. No trader is successful only with the LUCK factor. loss for the loss about you, you try to survive but if the margin out, who can hold?.

You certainly did not realize that you can not trade, you think you can keep trading even though all the facts say otherwise (whether profit this week, months of profit, profit this year?).

You still think that you are special, people will be able to get the key from the property trading. And you do not realize that 90% trader who also failed to have any feelings like that. You do not have a system that kumplit, you mastered by emotion, you always averaging position loss because if you ANGER on the market, you always take profit in a small amount of the profit or loss because of changes so you mastered by GREED, you do not have trading because you fear / FEAR. You let your self-occupied by emotions so that you suffer margin equity.

90% of the trading only at this level, they usually give up, stop trading and consider all this just a bad dream belaka.sebagian more moral anjlok, they are still looking for investors and trading like a madman. in a month or two months ago exhausted their margin raven again.

They still claim as a trader but actually their executor. and usually a down moral this will be happy serving as the management broker. ago some will remain as usual and confess trader but never trading, they often blame themselves.

Only the problem of time, until they can survive at this level in the time and always win.

Trader 90% in this level, and only 10% aware and move to level 2.

Level 2 Conscious Incompetence

At this level you realize that you can not trading, you do not have the ability to generate a trading profit consistently. And you know the solution, you realize that during the level 1 your mind is randomly by your emotions so that you can not think clearly.

At this level you will find the holy Grail (a perfect system, the system is 100% profit, the system did not loss), you start buying system that is in the internet, you read all the websites that have about trading from the UK, USA, Australia , Russia to Europe, you see all the ebook, you practice the system that all you got, you thirst for knowledge as a floater in the sand that will be thirsty to drink water.

At this level you will read all the details about the indicators, you will test all the indicators in the MetaTrader, you might even make your own indicator (usually a combination of 2 or 3 indicators), you will play with the moving average, fibonnacci lines, Pivot point, camarilla Pivot, deMark, Fractals, divergence, DMI. ADX, Bollinger Bands, and hundreds of other indicators.

You know that the market is too complex to predict with only 1 indicator course, you know the ideal combination of each indicator. you know exactly the benefits of these indicators and also the weakness.

You will try to guess TOP and bottom of the market with these indicators. you will join the chat room and ask the trader questions on foolish senior trader. because you know that now you do not ask then you will not ever know.

At the end of this level you will get 5 to 10 systems and a complete system to try find out where the most suitable with your personality.

10% of traders who have at this level, only about 7% a successful move to level 3.

Level 3 The Eureka Moment

At the end of level 2, you finally realize the main problem lies not in the system. You realize that you can get a profit even if only using the system as a simple moving average only without any other indicator, if you can use your head and money management is correct.

You start reading books on trading psychology, and identify with the characters described in the book. Finally came the enlightenment Level.

This level of enlightenment to make you aware of the brain that is important, in this world no one is able to accurately predict what will happen on the market 30 seconds later.

You start the first trading system and modify accordance with the characters so that you, and provide more profit than the original system.

You start trading if you know the probability for more than the profit to loss, you only if there is a trading signal from the system, you always use stoploss, stoploss because you know the risk is that business is trading in the world.

When you get stoploss, you have no emotions because you know no one can predict, and it is not your fault. Trading will increase the probability of profit system because you know you are the system profit.

You are immediately aware that trading in the world there is only one thing that is important is consistency in the system, trading psychology and money management you. And training you to do any of the trading occurred.

You learn about money management, 2% risk, and other matters. and this reminds you 1 years ago, when there is give the same advice you and you choose to ignore. that when you are not yet ready but now you are ready.

At the level of enlightenment, you will receive the brain that you can not predict market movements, because indeed no one can.

From 7% in the trader level, only about 5%, which was successfully advanced to the next level.

Level 4 Conscious competence

Okay, now you only if the trading system and only if you give signal.

You cut with a loss equal easily take profit. because you know your system will provide more profit than loss, loss and cut the risk is you do business that is max 2% of your account.

At this level you start with the profit target 20 point per day, and after you are able to do consistently for a few days, you increase the target with a 40 point per day. And it is in the end you are able to do.

You still have to work really hard to get it, you fix the system, the emotions you, and implement money management that you hold.

This level is usually run about 6 months.

5% of traders only about 3% are able to advance to the next level.

Level 5 unconscious competence

Well now you come to level 5, this is the level expected by the trader in the world, at this level, you can naturally trading, all you have control, you can Dancing with the Market, wherever market direction to run, you have open in the correct position, so you live to see you profit from the move to 2-digit 3 digits.

This is the top level of a trader, this is the level of utopia, you have the emotions you and now you with the trading account, which continues to expand each day's cumulative profit you earn.

You will be stars in the trading chat room, and people will listen to what you say, you know the question them, because you have position of them 2 years ago.

You will provide advice for them, but you know that most of them will not listen because they are still level 1 trader.

You will not have any financial problems again, you are able to buy all the things that are available for sale, you can buy the island and trading there as long as there is the Internet, you can move to 5-star hotel, and a settler there.

You have such a superstar, you can create your own book, you can be trading with a margin without limit, and your account will be folded-fold from the original account.

Only 30% trader who can reach this level.
Now you can proudly say,

" I'M A TRADER"

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