Friday, March 25, 2016

4 types of learning paths

there are 4 types of learning paths for new traders:

1. large seed money (which they bring and use for trading while learning), (and stay) in the market for large enough period of time

= this category is invalid, doesn't happen like this unless u a genious / prodigy

2. large seed money, in the market for small period of time

= obviously, u would have been badly hit and out of the market, more or less (with a wounded ego and torn pocket)

3. small seed money, in the market for small period of time

= u are wasting time by being too shy/nervous/unsure/fearful/playing it safe. u probably don't have a method or the one which is too primitive or a mere-eyewash or not sticking to it. u may still be surviving, returning to (horse) trade occasionally but u don't have a great trading future ahead. u are likely to burn out / pissed off soon. no future in the market for the cowardly / overtly cautious / timid / indecisive traders. u are sure to fall in the gap between the two hills if u don't leap decisively from the first one towards the one ahead with some above-threshold energy/momentum.

"playing for a draw is the surest way to lose" - anatoly karpov

4. small seed money, in the market for long time

= u r destined to be successful. ponder seriously if u still haven't.

since u have been in the trading arena since long despite not betting large amounts (and hence having patience and remaining satisfied with small profits as well as small 'non-fatal' losses "till u have cracked the code"), it is enough hint that u have been through the journey awake and cautious. it is strongly indicative that u were deliberately up to something. serious observation, experimentation and learning is strongly evident.

after the 4th step, u should (rather, u would be, automatically) increasing the seed money and will be in the market practically forever, assured of a place in the "hall of non-famous but totally satisfied very successful traders"

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