Stages of a Trader

[Lights]

Stage Five: The Inwardly-Bound Stage

The trader who is able to pry himself out of Stage Four uses his experiences there productively. The trader learns, as stated earlier, what styles, techniques, tactics are popular. But instead of focusing entirely on what's "out there", he begins to ask himself some questions:

What exactly does he want? What is he trying to accomplish?


(from Bo Yoder, Vad Graifer, and Mark Douglas)

the list goes on tho. ie the Complacency Stage, and the Let's Trade this Strategy 10x Bigger Stage, when you blow up. rinse, go back to stage 1, repeat.

 

[dbphoenix]

the list goes on tho. ie the Complacency Stage, and the Let's Trade this Strategy 10x Bigger Stage, when you blow up. rinse, go back to stage 1, repeat.

True. There's also a list of "38 Steps", but one can get too anal about this.

 

[Gringo]

the list goes on tho. ie the Complacency Stage, and the Let's Trade this Strategy 10x Bigger Stage, when you blow up. rinse, go back to stage 1, repeat.

We can call this stage 5.1.L (where L is for Leverage). I must admit, there's this feeling of invincibility at this stage.

Gringo