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Trading: from competency to skill

Trader Psychology

Free online course covering trading psychology

section 4

Trading: from competency to skill

unit 1 / 9

To be competent means to have the necessary theoretical and practical knowledge in order to engage in stable and effective trading. However, this is not enough for a real breakthrough: you need to become a master – i.e. gain an understanding of the connection between "knowledge" and "action".

Competence is necessary but not enough to be considered a master.

In practice, basic knowledge helps you to stay “afloat” until the moment when trading begins to bring the desired results.

This represents a process of evolution – of both the Trader and the Person.

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Novice traders mistakes

9 units