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Levels of Traders
Level One
Beginner Trader - Studies and paper trades for a minimum of one month with pretend currency, gaining
the experience required to establish a track record of profitable performance.
Level Two
Advanced Beginner - Trades one or two lots with real money, learning to overcome emotions and at the
same time, establishes a track record of making money.
Level Three
Competent Trader - Trades with control over their emotional distractions. Utilizes proper equity
management and achieves a positive financial return.
Level Four
Proficient Trader – Trades with confidence, education and experience. Achievespositive financial
returns.
Level Five
Expert Trader - Instinctively executes profitable trades without emotion.