ilmscore | Learn How to Build Strong Trading Psychology for Market Success !! #Face2Face with Steven Goldstein

Learn How to Build Strong Trading Psychology for Market Success !! #Face2Face with Steven Goldstein

Published: 2024-12-13
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
An average raw beginner trader will need 5 to 7 years of daily dedication to become competent for a lifelong career.
"I think you'd be looking at a probably on average of 5 to seven-year Journey we're doing it every single day to say I am now competent and can do this for the rest of my life"
Trader Skill Development
Pending
Most new traders will fail within the first 6-12 months, and a significant portion of the remaining will fail within the subsequent 1-2 months.
"most people are going to get taken out of the game in the first six to 12 months okay the next lot will be taken out in one to two months there'll be a smaller group left and you really want to survive to be in that next group"
Trader Attrition Rate
Pending
Traders transitioning directly from simulators to full-size real trading without understanding liquidity will likely incur significant losses.
"You don't want the first lesson you have on it when you get your backside handed to you on the proverbial plate which will happen in your fulls size balance"
Trading Losses (Transition from Simulator)
Pending