Level Trader (Level 1)

Before We enter in the forex trader world, we must know about level trader. Everyone who advance in forex must pass every level before they become a master or advance in forex. This is the first level :

Level 1 Unconscious Incompetence

This is the first level when a trader only play in forex. They always believe that forex can make someone rich very fast. They always play, not analyze market very well. They use instinct to open every position and they become a beginner luck. But unfortunely market will defeat them. They hold loss position, and hope market will comeback and make their position become profit, but this hope can't be reality because their margin now is gone, so they have nothing.

They never trust the reality that they cant trading, otherwise they believe that they can trade and they feel that they are spesial people who can get glory in trading. 90% trader never realize this, they dont have complete system to trade, they alawys use their emotion, use averaging position bcause they anger with market. They alway take profit in small amount, but let the loss too long and never stop it. They let profit change become loss because they feel greedy, and they become fear to trade.

90% people who reach this level usually give up, stop to trading and assume that this is a nightmare. Some of them maybe still trade but actually they are executor, find investor to add their margin then loss and find again. Then some of them again, claim to be trader but never trade. If someone ask him they will explain that they still trade but in their mind they alway blame herself. 

Then only 10% trader realize their mistake and move to level 2