Which Stage of Trading Are You At ?

amarnath · #11 21st September 2007, 12:46 PM

Quote:

Originally Posted by omkarmango

Hey Bro

U jus don't have place for me..........
Where is my stage 10th ???

Omkar

For you I'll accommodate at five.

10th is place is prison who made money off scams rather than real trading efforts

if thats ok you are placed soon at 10th , just kidding dont get serious

biyasc · #12 21st September 2007, 01:29 PM

Quote:

Originally Posted by amarnath

10th is place is prison who made money off scams rather than real trading efforts

if thats ok you are placed soon at 10th , just kidding dont get serious

hahahahahahahaha

. excellent, mindblowing, fantastic.

omkarmango · #13 21st September 2007, 04:12 PM

amarnath

Or may be just for those who gets bored by making continouous profits (in their mind ofcourse) & makes continuous losses in reallity.

Getting serious, I think the sixth stage really don't exists. Neither Buffet no soros is on that stage. It's illusion like grail.

If somebody thinks is at stage six it's the start of his return journey.
& If somebody thinks he is on five & work hard to remain there, he touches the sixth stage virtually.

Regards

Omkar

CreditViolet · #14 22nd September 2007, 01:12 PM

Quote:

Originally Posted by omkarmango

Getting serious, I think the sixth stage really don't exists.

It does.

And there is another stage.

Stage 7- Non-existent trader - where your computer does all the work.

munde_77 · #15 22nd September 2007, 02:38 PM

Dear friends,
I thnik I am at 3rd stage.........

amarnath · #16 24th September 2007, 09:59 AM

Quote:

Originally Posted by CreditViolet

It does.

And there is another stage.

Stage 7- Non-existent trader - where your computer does all the work.

yes but we need a programmed logic created by human brain to make such computer to perform but only advantages in such auto bots or autotrading system's is its insulated to emotions

so such thing might double or wipe acct's without any feelings

visagar · #17 26th September 2007, 09:30 AM

I think the trading strategies in a traders career keep vacillating between the excellent to the mediocre with no consistency. Market is a great leveller,it humbles the mighty and showers lavish gains unexpectedly. An expert trader may trade like a clueless trader on a bad day and a clueless trader may get a windfall of fortune. I think one should be consistent in the approach to market just like a sportsperson playing his favourite game and enjoy every moment of the game.

alpha1 · #18 11th November 2007, 11:47 PM

Quote:

Originally Posted by CreditViolet

It does.

And there is another stage.

Stage 7- Non-existent trader - where your computer does all the work.

You mean a machine making consitently more money than a human?

That is great.

Finally machines triumph over humans!

VasanSuccess · #19 29th December 2007, 01:45 PM

I haven't start loosing money yet, does that mean, I am at stage 1. I play very pessimistic, and take my money, when it earns 10% gain, Though in process, I loss as my investment would have gained me 20-30%, I haven't lost it from my pocket. Its "Loss in Profit" type

I was basically a FD investor earlier, So as long as i earn more than FD i am satisfied,

so considering all things, I think I am at Level 1 Only. (its psychology to vote for Level 3, and hence most vote goes for level 3)

prabhjeetrana · #20 29th December 2007, 08:34 PM

I dont know if a trader will ever come to know which stage he is in. Sometimes i feel iam at stage 4 than market comes and slaps me, tells me that you are stage 3 student how come you are sitting with seniors in stage 4, i go to stage 3 and my wife remarks that i am wasting too much time for earning peanuts so i am demoted to stage 2 and then one day there is a sudden crash in all my stocks and i am demoted to stage 1. I become determined again, study my mistakes and slowly move to stage 4 again and start wondering whether i am in stage 4.75 and i become complacent and go back to stage 4 and the vicious circle that takes me to stage 1 starts again.

I think that for most of traders we move in certain level of stages with support and resistance stage most of the time.

So i think we are missing the most important category that is RANGED STAGE TRADER and i think most of us come in this category.

Confused, so am i, will read the post again and try to understand what i have explained

View Poll Results: Which Stage of Trading R U at ?
Stage One: The Clueless Trader	28	20.44%
Stage Two: The Rookie Trader	15	10.95%
Stage Three: The Developing Trader	53	38.69%
Stage Four: The Determined Trader	26	18.98%
Step Five: The Consistent Trader	9	6.57%
Step Six: The Expert Trader	6	4.38%
Voters: 137. You may not vote on this poll