Topic: Two Types Of Traders - My Personal Classification - page 4. (Read 486 times)
Many are still blind traders and they don't evolve into awakened one because they don't want to as they are having a hard time accepting their losses and are easily triggered by the FUD and bad news in the market. They still rely on their emotions for their trades and doesn't see the lessons that should have been taken by them because of the losses that they've made. But the soon that they get to realize and analyze their situation, gradually they'll also be awakened.
The awakened trader is one who took their time to study all that there is to trading, including the rudiments, intrics and mechanics, they can read charts, they can effectively do technical and fundamental analysis, they know how important news drives the market and they follow news bumper to bumper.
I wouldn't say that 'awakened traders' are all-knowing guys but rather they know technique that works for them and stick to it. Also the trader ain't the one who is always right but the one who knows when to quit a trade and knows how to preserve the capital.
A blind trader would really be ending up on being that awakened trader. 
It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be swept
away and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
Traders should aim for profits and not the other way around. So if they see they are in constant losses, that will make them think that there’s something wrong with how they trade. And that will serve as their eye opener that trading is always hard especially if they trade blindly. If they want to make profits and prosper in trading, the best way is to change their trading approach, and resort into being awakened traders that are now more capable to attract more profits and trading success. It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be sweptaway and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
A blind trader would really be ending up on being that awakened trader. It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be swept
away and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
That is what really happening to most of the newbies out there. Either they end up quitting or they continue trading and become awakened traders because of their past mistakes and losses that made them stronger as traders. Also, for those who really want to chase over their losses, they don’t have choice actually but to change their mindset and adopt new skills and working strategies that will make them successful and profitable in the future. It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be sweptaway and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
A blind trader would really be ending up on being that awakened trader. It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be swept
away and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
It all matters on the experience that they would encounter and those initial thoughts and believe on mind will really be sweptaway and they would really be having that other approach on the time that they had gained up sufficient experience through different trading encounters.Sooner or later you would really be realizing off those things.
From blind to awaken which it would be the most common case to happen where it isnt surprising that you would really be more better when you do realize up things along the way.
If you are really that liking not to progress yourself then you would be sticking into your common methods until your do realize that it is pointless to continue on this way.
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Based on personal experiences in trading, personal research and observations, ive on my own personal terms, come to the conclusion that, there is two types of trader, and how risky trading be for an individual, depends largely on the type of trader such an individual is..
So without wasting much time, lets dive in..
My Two Types Of Traders Are -
The awakened trader is one who took their time to study all that there is to trading, including the rudiments, intrics and mechanics, they can read charts, they can effectively do technical and fundamental analysis, they know how important news drives the market and they follow news bumper to bumper.
I personally will chose to see trading as an art rather than science, art can be mastered, and so is trading, those who master the art of trading, we call them professional traders, trading is their profession, this is how they carter for themselves and their family, they are the awakened type of traders, there are very few traders in this category.
The blind trader on the other hand, are traders who guess-trade, they buy Bitcoin, not because they are sure it will go up in the next minute, but because they are hoping/guessing it will, some times, they guess right, but other times, their guess is wrong, trading is like sports betting for them, it is BUY vs SELL playing the match, they watch out for which side other people are contributing more to, are more people buying?, they will buy(FOMO), are more people selling, they will sell(FUD), they lack the will power to make there own original decision and stand by it, this is because they are not even sure of what they are doing, they are just guessing the market, this type of traders are the blind traders, there are very many traders in this category...
To upcoming traders, which category do you want to belong? its your decision to make.
So without wasting much time, lets dive in..
My Two Types Of Traders Are -
- The Awakened trader
- The Blind trader
The awakened trader is one who took their time to study all that there is to trading, including the rudiments, intrics and mechanics, they can read charts, they can effectively do technical and fundamental analysis, they know how important news drives the market and they follow news bumper to bumper.
I personally will chose to see trading as an art rather than science, art can be mastered, and so is trading, those who master the art of trading, we call them professional traders, trading is their profession, this is how they carter for themselves and their family, they are the awakened type of traders, there are very few traders in this category.
The blind trader on the other hand, are traders who guess-trade, they buy Bitcoin, not because they are sure it will go up in the next minute, but because they are hoping/guessing it will, some times, they guess right, but other times, their guess is wrong, trading is like sports betting for them, it is BUY vs SELL playing the match, they watch out for which side other people are contributing more to, are more people buying?, they will buy(FOMO), are more people selling, they will sell(FUD), they lack the will power to make there own original decision and stand by it, this is because they are not even sure of what they are doing, they are just guessing the market, this type of traders are the blind traders, there are very many traders in this category...
To upcoming traders, which category do you want to belong? its your decision to make.
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