Level Trader ( level 4 and 5)

Level 4 Conscious Competence

In this level, they only trading if the system give signal to open position. They easy to cut loss same as take profit. because they know that their system will give more profit than loss, and their cut loss that they do is the risk of bussiness i.e. max 2% from their acount balance.

In this level they begin trade with target profit is 20 point/day, and after do that constantly and consistently for several week, they raise target until 40 point/day. And they do it like before, can maintain their target.

Level Trader ( level 3)

Level 3 The EUREKA Moment


In the end of 2nd level, they realize the main problem is not in system. They realize that we can get profit even only use simple sistem like moving average without other indicator if they can exploit their brain and right money management.

They started read psycologichal trading book, and identified with the carachter that explain in this book, finally the enlightenment is come.

They realize one important thing, that we cant predict what happen in market in 30 second later acurately. They are have one system now then moidify this system , so it can appropiate with their character and can give more profit than the original system.

They only started trade if probability to profit is greater than to loss, they only trade if they get signal from their system, they use stoploss,because they know this is risk in trade and they know it can prevent loss become margin call.

Level Trader ( level 2)

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.

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.