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There are 5 stages every trader will go through over the years. You can’t skip one and knowing which one you are in and being totally honest with yourself is essential. Unconscious incompetence This is the initial phase of a new trader when he is just getting his feet wet in the markets and looks at his trading platform for the first time. At that stage, a trader doesn’t know how much he doesn’t know, which can often be a liberating, but dangerous.....
