Levels of Traders

Do you aggree with this trader lavels?

Level One
Beginner Trader - Studies and paper trades for a minimum of one month with pretend currency, gaining
the experience required to establish a track record of profitable performance.

Level Two
Advanced Beginner - Trades one or two lots with real money, learning to overcome emotions and at the
same time, establishes a track record of making money.

Level Three
Competent Trader - Trades with control over their emotional distractions. Utilizes proper equity
management and achieves a positive financial return.

Level Four
Proficient Trader – Trades with confidence, education and experience. Achieves positive financial
returns.

Level Five
Expert Trader - Instinctively executes profitable trades without emotion.

Level One: Disagree
Level Two: Disagree
Level Three: Agree
Level Four: Agree
Level Five: Disagree

That was fun, wasn’t it? In the end you can have as many levels as you would like to create which really does not matter. Results is all that matters.