Primary: Just testing the water, basically only placing orders. I don't know how to analyze it. I may often go to forums to see how others analyze it, or I may often chat with brokers on QQ and MSN. In short, it is a blank sheet of paper.
Advanced: begin to pay attention to fundamentals and external markets. It is common to stay up late at night. I am very concerned about the weather all over the world, and I am also extremely concerned about the economic information of all countries in the world. At this time, I will occasionally make one or two orders, but conceptually I am still in the stage of "futures are basically equal to gambling".
Summary: Many people have never experienced this stage at all, because there are many people who understand technical analysis in the speculative market, and many people have their own methods, but a considerable number of people who have experienced this level will have an unclear history of eliminating deposits.
The second stage: technical analysis
Elementary: At this time, I began to pay attention to other people's operation mode and began to study the operation mode of combining fundamentals with technology, so I began to read books on technology in bookstores frequently. Moving averages, indicators and K-line charts hang in my mind all day. With the passage of time, something similar to the sense of disk began to appear. In the actual combat process, I began to grasp a small part of the short-term market, but at the critical time, I encouraged myself with fundamentals. The overall level is basically in a state of half a bucket of water, earning a few dollars occasionally, and then regularly.
Advanced: I began to know that some people can make stable profits only by technology. At this time, the sense of disk has been greatly improved, and I began to know how to technicalize my feelings and know how to stop losses. At this time, I have taken intra-day operation as the only operation mode. The basic principle is never overnight. More importantly, the trading system at this time has begun to take shape. At this time, the fundamentals are only occasionally looked at, completely immersed in the world of technical analysis, and I have my own good trading signals. Every day, as long as you see an opportunity, you will operate lightly. Sometimes you will earn dozens of trading days in a row, but then you will lose money for many days in a row. At this time, traders' confidence began to build and they knew that they had the ability to make money, but there were still many problems to be solved.
Summary: There are many speculators at this stage, most of whom are between the primary stage and the advanced stage. Quite a few people are very confused here and begin to lose confidence in themselves. After continuous losses, they often consider whether to withdraw from this market.
The third stage: the first achievement of divine power
Primary: at this time, only one or two trading varieties are concerned, and the fundamentals and external markets are completely ignored. The trading system is basically established, and the trading signal, stop loss point, take profit point and fund management are basically determined. At this time, traders will find that there are not so many trading opportunities suitable for them, and there is no need to operate every day. Some risks must be avoided, but each operation will be very heavy, and I will run the operation when I am most sure, and only do it once or twice a day. One day, you will suddenly find it difficult to lose money for several months in a row, even if the loss is basically within the stop loss range. At this point, traders have been clear in their hearts that they have the ability to make stable profits, but they have long been short of tests and the trading system needs to be further improved. Most importantly, traders already know exactly what they need and how to get it.
Advanced: At this time, the trader has completely bid farewell to the loss, the trading system has been completed, making money is as simple as eating and drinking water, the trading behavior is completely mechanical, and the unfavorable humanity in the trading process is basically eliminated. At this stage, the wealth of traders is exploding, and some people can earn dozens of times a year. At this time, the trading concept, fund management and trading technology seem to deceive others, making it difficult to communicate with others and often feeling lonely.
Summary: Few traders can reach this stage. Some people often find it difficult to go further even in the primary stage, because the most difficult thing at this time is to stick to their own methods. It is easy to appear when they have the technology in the primary stage, but when they reach the advanced stage, the technology is great and there are basically no weaknesses.
The fourth stage: retirement
At this time, traders are very rich and are unlikely to continue to place orders according to the previous amount of funds, so many small markets have given up. They often trade only a few times a year, but they are all too familiar with the big market of the day, and spend the rest of their time teaching students or hobbies unrelated to trading. At this time, the trader's mentality is no longer like futures, and his home address is often chosen in suburban villas, leading a secluded and comfortable life.
Summary: There are very few people who can reach this stage, and most of them do not seek fame and fortune, and their personalities return to the truth. When intraday trading makes perfect, you don't have to pay attention to trends. Even if you do something contrary to the daily trend, you can make money. The key is where the familiar signal appears, and whether the indicator and the moving average background meet the principles of your operation when this signal appears.
Before the daily operation reaches the top level, it is best to study only one variety. When you know the daily market of this variety by heart, you will find that many markets are similar, which can be roughly divided into seven or eight kinds. As long as you understand different types of markets, you will know how to deal with them, and you don't have to wait for the opening of the next day or just the opening of the next day. Even if an operation is accidentally wrong, what to do next is clear.