Trader Level 2
Level 2 Conscious Incompetence
In This Level they realize that they cant trade properly, don't have ability to obtain profit consistently. And they know the solution, realize that in level 1 their mind are controlled by emotion so cant trade properly.
In this level they will find a holy grail (100% Profit system and never loss), they started to bought system from Internet, browse and read website about forex around the world, read every e-book, they apply all system that they acquire, they always want to know all about forex like a wanderer in the desert who is thirsty to drinking water.
In this level they will read detail about indicator, test all indicator, even maybe will make indicator by their self. They will play with moving average, Fibonacci lines, pivot point, camarilla pivot, deMark, Fractals, Divergence, DMI, ADX, Boillinger Bands, and many other.
They know and realize that market is very complicated to prediction if use only 1 indicator, They know the ideal combination from each indicator, and also know about advantage and disadvantage each indicator.
They will try to guess the Top and the bottom of market with its indicator. They will joined in chat room trader and ask unimportant question to senior trader. Because they know if they don't ask now then they will never know anything about trading forever.
Finally in this level they will get 5-10 completed system and try to find the best system that match with their personality. From this level only 7% trader step up to level 3.
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