LEVEL ONE: Beginner Trader – To study and paper trade for a minimum of one month with imaginary money, gaining the experience required to establish a track record of profitable performance.
LEVEL TWO: Advanced Beginner – To trade one or two lots with real money, working through emotions and establishing a track record of making money.
LEVEL THREE: Competent Trader – To trade in control with equity management, achieving a financial return.
LEVEL FOUR: Proficient Trader – To trade based on my belief, education, and experience and achieves a financial return.
LEVEL FIVE: Expert Trader – To mechanically execute profitable trades with no emotion.