You’ve finally started to see several consecutive months of green, and have experienced significant growth in your trading account. All the hard months of suffering and pain are starting to pay off. Even when you start seeing consistent results, you have to push your limits to remain consistent. So what exactly does a successful, consistent …
Read moreThe 5 Stages of a Traders Career: #5 The Consistency Phase
Sooner or later, every trader learns that the market is always right. You will experience winning streaks where you can do wrong quickly transition to losing streaks where you cannot put on a winning trade to save your life. As we discussed in the last article in the series, inexperienced traders on winning streaks will …
Read moreThe 5 Phases of a Traders Career: #4 The Inconsistency Phase
You’ve finally get started trading with real money. You may have struggled a bit, in the beginning, transitioning to real capital, but you have started to finally a bit of consistency. For the first time in your career, you start to put in consecutive days or weeks where you’re in the green. Unfortunately, complacency will …
Read moreThe 5 Stages of a Traders Career: #3 The Complacency Phase
You understand what support and resistance are. You are starting to understand the terminology and the basic rules of the stock market. But how do you put everything together and actually start making money? Today we will discuss the second phase in the trading journey to profitability. The Educational phase of your career is the …
Read moreThe 5 Stages of a Traders Career: #2 The Educational Phase
Every single trader in their career at one point was a newbie. Every master was once a beginner. Even people who studied finance in their undergraduate education do not have much of a headstart over others. Trading is one of the most rewarding professions in the world, but it is also one of the most …
Read moreThe 5 Stages of a Trader's Career: #1 The Newbie Phase
How long does it take to become a consistently profitable trader in the stock market? That is one of the most common questions we get from aspiring traders. We are going to answer that for you with this week’s blog series: The 5 Stages of Trader’s Career. The answer is not a set amount of …