When it comes to trading, many people have taken detours. But have you ever thought that a trader's growth follows certain patterns?
**Beginner Stage — Building a Strong Foundation** When you first start, you need to master basic skills like candlestick patterns and technical indicators. The biggest pitfall at this stage is frequent trading without a stop-loss mindset—seeing volatility and wanting to jump in immediately. How to fix this? The most reliable approach is to practice on a demo account first, get a feel for it, then try small real trades with limited capital. Don’t expect to become wealthy overnight.
**Proficiency Stage — Developing Your Own System** At this point, you begin to have your own ideas. You can distinguish high-probability opportunities and know when to enter the market. For example, the famous trader Marty Schwartz uses the 10-day moving average to filter trend direction and only takes trades that meet his rules. The key? Persistence! Don’t switch systems every day or change your approach—this way, you’ll never master anything.
**Mastery Stage — Making Trading Instinctive** What does a true expert look like? They have internalized their trading system so well that they can act without thinking. Paul Jones switches strategies between trending and ranging markets, but always keeps risk control tight. This is the realm of masters—learning is endless, and humility must be maintained. As Bill Lipschutz said: "Traders need to position themselves where luck can find them."
**The Three Personalities Are Essential** No matter which stage you are in, you must cultivate three personalities: the patience of a sniper (not trading at every opportunity), the discipline of a robot (doing exactly as planned), and the reflective mind of a philosopher (learning from every loss). Only then can you achieve consistent profits amid the volatility of coins like XRP and SOL.
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orphaned_block
· 01-11 18:52
That's right, the key is to follow the rules; otherwise, even the best system is useless.
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AirdropHunter420
· 01-11 07:30
Sounds good, but the real challenge is execution. Most people can't even stick with a demo account for a few weeks.
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ConfusedWhale
· 01-09 21:42
To be honest, this set of theories really sounds flawless, but how many people can actually stick with it? I'm currently stuck on the "perseverance" part.
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GasFeeCrier
· 01-08 20:53
That's right, but the key is to persist... I just keep falling into the trap of frequent operations.
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TokenVelocityTrauma
· 01-08 20:42
That's right, but I think most people give up in the first stage... Frequent trading is really a killer.
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0xSoulless
· 01-08 20:37
It sounds like motivational talk, but it's actually just paying tuition fees.
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SolidityStruggler
· 01-08 20:37
Sounds good, but very few people can actually do it.
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GweiTooHigh
· 01-08 20:30
It sounds nice, but in reality, beginners still have to pay tuition fees; no one can avoid this pitfall.
When it comes to trading, many people have taken detours. But have you ever thought that a trader's growth follows certain patterns?
**Beginner Stage — Building a Strong Foundation**
When you first start, you need to master basic skills like candlestick patterns and technical indicators. The biggest pitfall at this stage is frequent trading without a stop-loss mindset—seeing volatility and wanting to jump in immediately. How to fix this? The most reliable approach is to practice on a demo account first, get a feel for it, then try small real trades with limited capital. Don’t expect to become wealthy overnight.
**Proficiency Stage — Developing Your Own System**
At this point, you begin to have your own ideas. You can distinguish high-probability opportunities and know when to enter the market. For example, the famous trader Marty Schwartz uses the 10-day moving average to filter trend direction and only takes trades that meet his rules. The key? Persistence! Don’t switch systems every day or change your approach—this way, you’ll never master anything.
**Mastery Stage — Making Trading Instinctive**
What does a true expert look like? They have internalized their trading system so well that they can act without thinking. Paul Jones switches strategies between trending and ranging markets, but always keeps risk control tight. This is the realm of masters—learning is endless, and humility must be maintained. As Bill Lipschutz said: "Traders need to position themselves where luck can find them."
**The Three Personalities Are Essential**
No matter which stage you are in, you must cultivate three personalities: the patience of a sniper (not trading at every opportunity), the discipline of a robot (doing exactly as planned), and the reflective mind of a philosopher (learning from every loss). Only then can you achieve consistent profits amid the volatility of coins like XRP and SOL.
Long-term stable profits—it's just that simple.