7 Steps to Beat the Market - Ultimate Trading Guide Ep. 1 | TraderLion

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#PhasesOfTrading #LosingMoney #ProfitableTrader #UnprofitableTrader #ReasonsLosing #JuliaPhase1 #JuliaUnprofitable #JuliaStrategy #SmallWins #LargerLosses 

2025-02-09 8:41 PM

Stage 3

Profitable trader

Characteristics

1. Larger wins, smaller losses
2. Positively trending equity

Reasons

• Good trade identification
• Good risk management
• lets profitable trads run
• Cuts losing trades quickly
• Knows when to be in cash

Stage 2

Boom-and-Bust trader

Characteristics

• Roughly equal wins to losses
• Non-trending equity

Reasons

• Better trade identification
• Poor risk management
• profit-taking too early
• Over-trading

Stage 1

Unprofitable trader

Characteristics

• Small wins, larger losses
• negatively trending equity

Reasons:

• Poor trade identification
• Poor risk management
• Poor profit-taking strategy

Common mistakes

1. System hopping
2. Oversizing 
3. Overtrading
4. Randomness
5. Overconfidence
6. Underconfidence
7. FOMO
8. Buying extended / Late
9. Too many indicators
10. Lack of Risk Management
11. No Sell Rules
12. No Post-Analysis