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Let’s talk about the trader’s journey, because there is a roadmap to becoming a successful trader.
In this article, I will give you the exact roadmap I personally used to find success and the same one I give to all of my private coaching students.
Just as important as understanding the right things to do, it’s also important to understand how so many end up on the wrong ‘path’ to becoming a full time trader.
So first, I want to start with the ‘wrong’ trader journey.
The Wrong Trader Journey
Unfortunately, the vast majority get started on this path to becoming a trader and never leave.
Phase One: “Let’s buy a stock.”
Most traders start their journey by simply buying a stock.
Hey, this is how I started.
If you’ve been following me, you may have heard me talk about this before. The first thing I did when I decided I wanted to trade, was to buy the German car manufacturer, Volkswagen’s stock.
At the time, I had to call my broker to get updates on the price and I’m sure I called him a dozen times within the first few days 😉
In my 20+ years of trading, this is where I see the vast majority of people ‘cut their teeth’ with trading.
Buying stock is easy for most people to wrap their heads around and doesn’t require any strategy. “Oh I like this…
