4 Stages Of A Trader - Here's How to Become a Profitable Trader

[@wandabrowne8313]

Stage 3 trying to find consistency, just reduced my size of trading knowing I am in this for the long haul. that helped.

[@rockwelltradingservices]

Awesome!

[@mijnnaam5478]

Just came into 3. Very motivational video! When you say stage 4 is making a lot of money, I have to immediately start managing my dopamine levels again😂. I make money as long as I don't get excited or exhausted. Then I start acting stupid with my entrance and stop loss. Knowingly acting stupid at that.

[@rockwelltradingservices]

Thank you for watching!

[@storilovai6362]

Thank you so much. I needed to hear this. I myself have been stuck between stage 2 & 3. I get frustrated with my psychological mistakes a lot because I veer off from my trading plan. But I’m really big with money management so my losses hurt my mental more than my account. Thank you for this ❤️

[@rockwelltradingservices]

You are welcome! :) Have you tried trading the SRC way (systematic, repeatable, and consistent)? I would recommend that you start by learning about my PowerX Optimizer Software. Just go here to book a tour loom.ly/eVxZ280

[@youngzk7355]

Hello.I see you wrote this 1yr ago. An at stage 2&3,too.Have you succeeded well?

[@OpalFruitsthe3rd]

Thanks Marcus - I was inspired by your energy and enthusiasm when I saw this video whilst in stage 2 ... simple explanation but so true ... I have just entered stage 3 and thankful that I kept at this index day trading ... I'm finally making a little bit of money ... many thanks

[@OpalFruitsthe3rd]

(Markus)

[@rockwelltradingservices]

That is awesome to know. By the way, would you be interested to learn more about my software, the PowerX Optimizer? It would help you make better trading decisions. We have integrated A.I. I actually have a recording of my update from a while ago, you may watch it here www.rockwelltrading.com/webinar-replay/new-features/

[@chiranjeebthakuria9995]

Stage 3 here. I will transition into stage 4 this year.

[@rockwelltradingservices]

Awesome! I hope that you will arrive to that soon. 😉

[@MrMockingbird1313]

Hey Markus, Stage III here. It's been hard for several weeks because the market has been unpredictable. This have started to improve.

[@rockwelltradingservices]

I hope that you are going to do well today. By the way, you might need a trading plan so that you know how you can succeed and manage your trade. Here is the link bit.ly/3JqqTKK

[@Rockingthe80s]

I when backwards from 2 to 1 and back to 2

[@rockwelltradingservices]

It is good that you went back to 2. Just keep progressing.

[@nabhanyusf5526]

I i'm in stage three first time time seeing your video i love you

[@rockwelltradingservices]

Thank you! :)

[@moacy600]

Going through stage 3 right now

[@rockwelltradingservices]

Cool! Are you already part of the Rockwell Trading community?

[@dansoja5312]

I am in the range bound, just trying my best to break the resistance level

[@rockwelltradingservices]

Go break it! Just let me know if you need help. You can go to mytradingroutine.com to learn how I trade.

[@howtorelax6905]

At what stage consistency comes in? because it seems I’m at stage 4 but no consistency . Hope i understood you well

[@rockwelltradingservices]

You have to have the right mindset, right tools, and strategy. That is how you get SRC profit (systematic, repeatable, and consistent.) You may want to download my trading plan here bit.ly/3SgfdN2

[@100foldreturn1]

Hi Markus, you stated around the 3:29 point in the video about adding money management in stage 4. Did I hear you correctly and could you further explain? Thanks!

[@rockwelltradingservices]

It is called progressive money management. Here is an article about it www.rockwelltrading.com/coffee-with-markus/how-to-start-trading-stocks-online/

[@brookmiller1986]

Stage 1

[@rockwelltradingservices]

You will get there!

[@Mimi-eo3vo]

I'm in stage 2. A lot of loss from Stage 1 has been really difficult emotionally and I have a difficult time entering the trade. I'm using MACD, RSI & Fast Stochastic to identify setups for intraday trading with Micro contracts. I'm putting small capital at risk so that I can gain confidence in my setups and practice execution. I hope I can trade with confidence and have consistent wins in the near future. Thank you for the video. Also, I did request a demo and waiting to hear back.

[@rockwelltradingservices]

Hi Mimi, can you please reach out to [e-mail]? That way my team can assist you quickly.

[@baljinnyamsumiya68]

@@rockwelltradingservices I am stage 2-3, i think technical analysis and indicators destroy my sense so i'am no use them just observe charts.

[@boogiejonz]

In my mind, I'm already at 4, but in reality I'm vacillating between 2 & 3. Thanks for all of your sharing. I like the simplicity of your teaching style and it came along right when I was looking for some new advice.

[@rockwelltradingservices]

I am glad that this helps. 😊 Just keep taking action you will surely get there!

[@rafaeldominguez3720]

I’m curious a year later what’s the results looking like?

[@boogiejonz]

@@rafaeldominguez3720 Thanks for asking. I'm definitely not in stage 4 yet. When I knew less, I traded more; now that I know more, I trade less. I finally bought into the idea that having a trading system is essential. A year ago, I wasn't even stage 2, but thought I was. Now I'd say I'm in actually in stage 2 and hoping to enter stage 3 in the near future.

[@nc1975]

@@boogiejonz Have you entered stage 3 now?

[@RandyJohnson777]

Stage 3......I am getting there....thanks Markus!

[@rockwelltradingservices]

Great! You are welcome! :)

[@user-su5ru1hs3v]

How's your trading now?

[@kirkcoomes1915]

Stage 2. I’m super discouraged at this point. Was up 100% on my account now down 40%. Hard to see the light at the end of the tunnel

[@rockwelltradingservices]

Hi Kirk, focus on "SRC Profits"! I made a video in which I explain this in more detail: kzbin.info/www/bejne/fIGVqWeAirGtrbc Let me know if this helps.

[@Yocef80]

How you doing after six months? I hope you doing better

[@kirkcoomes1915]

Still in limbo between stage 2 and stage 3. I’m a break even trader from this post last year, within maybe $2,000 either way. Frustrating

[@mazinalmaimani7291]

Stage 2 still learning:) Thank you 🙏🏻🤍

[@rockwelltradingservices]

Hi Mazin almaimani, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍

[@adamowen900]

been at stage 4 for almost 7 months now. It was probably the hardest journey of my life.

[@rockwelltradingservices]

I hope that you are doing well now. :

[@howtorelax6905]

If I understood you well I am at stage 4 but need money management discipline

[@rockwelltradingservices]

Keep learning! ;)

[@kumarbme]

Love you man. I follow you. I'm your fan.

[@rockwelltradingservices]

Hi Kumara swamt Tanneru! Thank you for your kind comment. I am glad that you love my channel (or me :P). See you in the next video.

[@deecee9741]

Stage 3, but I'm 100% into preserving my capital and I bypassed 1 & 2... I had a little background on Banking and Finance which has been helpful. Lastly, I am super patient but not patient enough for long term investing so I go the trading route, with less emphasis on maximising each trade, but rather preservation of capital and I'm happy in that zone.

[@rockwelltradingservices]

That is actually good. Small but consistent is the way to go. :)

[@youspace5960]

just started from january 2020 now im on stage 3, actually im so frustate about that, but after watching your video it gives me a back 7 months and im on stage 3 anad only 21 years old

[@rockwelltradingservices]

I am glad that this helps. :)

[@100foldreturn1]

I feel like I was in stage 1 last year losing a lot of money by trading penny stocks and not cutting my losses early. This year I have been more disciplined by immediately setting a stop loss as soon as I buy a stock and not focusing on crappy stocks but buying good quality growth stocks. I also like your strategy of selling half of the position when I am half way to my profit target and then moving my stop loss up. Thank you for taking the time to educate us.

[@rockwelltradingservices]

You are welcome! I am glad that my videos help.

[@olymptradeftt]

Am in stage 2, I lose a bit of money, recover it, then lose it again. The cycle repeats but it shows am about to move to stage 3...Thanks

[@rockwelltradingservices]

Thatis coola Kasozi! :) It does not matter how slow you are progressing as long as you do not stop.

[@olymptradeftt]

@@rockwelltradingservices Thanks for that encouragement.

[@rockwelltradingservices]

You are welcome! Thank you for watching my video. Please check out my other videos and subscribe if you haven't already! ;)

[@Haris0mk]

Thanks sir Me stage 3

[@rockwelltradingservices]

Keep at it! Soon you'll be in Stage 4 and make a lot of money 😀👍

[@danaileomb]

Great short precise straight to the points. Thank you.

[@rockwelltradingservices]

Awesome! Thank you for watching! :)

[@TheHendricksFamily]

This is so true at the moment I am at the end of stage two about to enter stage three. Sometimes I make some money but my losses are calculated

[@rockwelltradingservices]

What tools are you using to trade? I would recommend that you get the PowerX Optimizer to get more winning trades and minimize your risks. Here is the link to the current promo www.rockwelltrading.com/products/10-44-powerx-optimizer/

[@johnbennett956]

I just starting to learn!

[@rockwelltradingservices]

Awesome!

[@nitinsen4359]

1

[@ideologinakama4747]

Markus ,i made a little money ,but i'm going back to stage number 2,,what should i do ?

[@rockwelltradingservices]

You might be interested to watch my live stream every 2:30 pm CST. Do not be disheartened, just keep learning and save up for investment.

[@abrarhex]

i am in 2 and 3, and i will go to stage 4 inshallah, will never give up

[@rockwelltradingservices]

You will get there! 😉

[@jeeloruga9347]

1/2

[@BiswajitRoy-nd5sg]

Stage no 3. And now i have no money to enter in stage 4.

[@rockwelltradingservices]

Just affirm that you will have soon. ;)

[@kevinmackenzie1783]

I am in stage 2.

[@rockwelltradingservices]

Awesome! :)

[@cfivemusic6721]

I, m at stage 2&3

[@rockwelltradingservices]

Hey that is good progress! What are you doing to move up to stage 4?

[@shiveshkumarsharma914]

I am in a stage 3

[@rockwelltradingservices]

Keep going! You will get there!

[@leetansamal8195]

I'm the 1st one

[@rockwelltradingservices]

Awesome! Thank you for watching! :)

[@vinodghate5716]

Dear Markus, thanks for the details .. i think i agree with you .. it took so long to understand this until you have explained the traders life cycle. its a good one.

[@rockwelltradingservices]

Awesome! I am glad that this helps!

[@mohitsinghpuri5356]

Hello markus I have read your two books A complete guide to day trading and The simple strategy. I am using that strategy and from past two months I have made some amount of money. Results are exciting thanks for your help. Love from india :)

[@rockwelltradingservices]

I am glad that you are getting the hang of it already! :)

[@viewanish1]

I'm at stage 2

[@rockwelltradingservices]

You will get to the next stage! Just keep learning.

[@viewanish1]

@@rockwelltradingservices thankyou Markus. Will definitely move to next stages

[@rockwelltradingservices]

By the way, you might be interested to get the trading tool I am using, it's called the PowerX Optimizer. Here is the link rockwell.infusionsoft.com/app/orderForms/PowerX-Optimizer?promo=cristyspecial. Use that today to get the PowerX Optimizer at a discounted price (From $2997 to $1997 only!) Plus all the perks are included in our bundle offer. Look for Cristy at [e-mail] if you need assistance.

[@인성문제이써]

fact..

[@rockwelltradingservices]

Awesome! Thank you for watching! :)

[@rafaeldominguez3720]

I just developed my strategy and I’m having consistent $50 weeks. I know it’s not much but I I’m getting the hang of it

[@rockwelltradingservices]

Hi Rafael, that is great! Congratulations! It's important to have "SRC Profits", and it seems that's what you are doing. Take a look at this video: kzbin.info/www/bejne/fIGVqWeAirGtrbc Making sense? 😀

[@i.griffin9600]

Hello, I feel like I'm in stage 1. Perhaps stage 2. I still have a little more capital to use for day trading but haven't limited my losses and haven't been able to consistently make a little money.

[@rockwelltradingservices]

Have you watched my video in mytradingroutine.com?

[@RealTrade477]

Thank you Markus! Very Good explaining, You are explained really

[@rockwelltradingservices]

You are welcome! Thank you for watching!

[@caressaclark1042]

In 7 months I brought my 25k account down to 1k😭... but it wasn't just losses, it was mainly laziness and living off my brokerage account. It was an inheritance. I am now in stage 2. I have been using 2-5% mental stops and losing a little bit instead of a lot. I can no longer afford to lose a lot. Hoping to move into stage 3 this week by starting to use 2% trailing stops. Excited to try trailing stops. I feel it will take a lot of the emotion and stress out of trading. Your video inspires me not to give up.

[@rockwelltradingservices]

You got this. Just keep going!

[@jarreljandrei2474]

in stage 3 x2 and stage 2 x1..no more fomo.. i just need to improve when to exit and take a good profit.. doing well the last two months of my 8 month journey in trading.. first six month was a disaster.I stopped day trading (loss a lot).

[@rockwelltradingservices]

Hi Jarrel, YES! You are so smart to stop day trading. Most people are intrigued by day trading, but then they realize that MUCH more money can be made when swing trading!. 😀👍

[@vlad__idk]

I am between 2 and 3, but what to do or what will help to be in a 4th stage ? Practice?

[@rockwelltradingservices]

Practice definitely helps, but really, having the right tools, strategies, and people you can trust makes all the difference. :) Do you feel like you have the right tools in place for trading?

[@JustGameplayexp]

Im struggling on stage three consistent little profit which hitting me a lot trading psycho. Thanks for reminding me markus that im almost there ill never giveup!

[@rockwelltradingservices]

😊 You are welcome! I am glad that this helps!

[@20sarbast]

oh my God. this was great. thank you so much. I am so happy and grateful that I see I am at stage number 3. I'm stuck making 2 percent. I make a little more then I come back to 2 percent again.

[@rockwelltradingservices]

That is awesome! :) What strategy are you following?

[@michaellysov6681]

Thank you Markus! Good explaining and clear structure as usual. I'm between 2 and 3 now, but it feels that I need a push ... (mentor ?)

[@rockwelltradingservices]

You will get there! :) How can I help you?

[@michaellysov6681]

@@rockwelltradingservices Hi Markus. I'm a member of your Legacy Club for almost a year now. Testing PowerX Analyser starting from paper trades and now trying swing tardes with small positions ( need my day job and can't day trade for now), but as I mentioned, I'm still between stages 2 and 3. Fear? Maybe ... I had a few loosing trades, learned my lessons and probably fear still hiding somewhere in my chest preventing to mo forward as I should. This is why I feel that I need experienced hand to guide me a little, to give me a sense of confidence that what I do is right and this is the way that system should work. Could you become my mentor, please? I don't know how it works. What does it take to become your student? Thank you.

[@rockwelltradingservices]

Hi! Have you attended our Bootcamp yet? You can check the schedules at bootcamp.rockwelltrading.com 😊

[@rea9085]

im in stage 2 ...just when i was about to give up i saw this video thank you.

[@rockwelltradingservices]

Never quit. :) You will get to stage 4!

[@BonniesSmile]

Great tips, thanks! I am in Stage 0, learning and saving. Thanks for all the teaching! 👍

[@rockwelltradingservices]

😊 You are welcome! I am glad that this helps!

[@abosultan501]

I knew trading last week and now I am stage 4

[@rockwelltradingservices]

Wow! That is awesome!

[@MrWackydoodles]

ive been at stage for 7 years now lol

[@rockwelltradingservices]

What stage is it?

[@MrWackydoodles]

@@rockwelltradingservices stage 2 😂

[@rockwelltradingservices]

What action are you taking to move to the next stage?

[@MrWackydoodles]

@@rockwelltradingservices Just kidding, started forex in 2020.. Just refining my strategy and my set of rules. Im experimenting with 1:1 risk to reward ration. seems to work for me than going for 2:1... Easier on my psychology

[@gerardoleon8501]

Still in stage 1. Loosing a lot of money.

[@rockwelltradingservices]

How can I help?

[@letsrock4943]

2

[@rockwelltradingservices]

What is your plan to get to stage 3?

[@letsrock4943]

@@rockwelltradingservices work on discipline i can see in my journal i'm breaking my rules i will try to control my emotions /what you suggest me to do?

[@rockwelltradingservices]

@@letsrock4943rock keep learning and simplify your strategy. You might be interested to check out my trading routine at mytradingroutine.com.

[@TimTVOfficial]

What stage am I considered to be in if I made an initial deposit of $250,000 into my brokerage account, make an average about $22,000 in a couple hours of trading in one day a couple times a month, then a week later I lose $138,000 in 2 combined weeks? I'm Guessing Back to the first stage of losing a lot. That happened to me back in 2009.

[@rockwelltradingservices]

How did that happen? You should always limit your risk.

[@jo3agle]

Definitely feel I’m in 3 headed into 4

[@rockwelltradingservices]

Hi Joseph Aguila, thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍

[@RevengeTrader24]

2024 3/2

[@minoomasoumzadeh9255]

I am stuck in stage 2! not giving up though ;)

[@rockwelltradingservices]

Yes, do not give up! Quitters never win, winners never quit. 😉

[@redajamal379]

👍👍👍👍

[@rockwelltradingservices]

Thank you! 😊

[@Datplug]

I am at stage 2… it hurts but just keep pushing 😈

[@rockwelltradingservices]

Yes! Just keep pushing and learning.

[@Negi91]

Starting stage 2😂😂😂

[@rockwelltradingservices]

Keep going!

[@jaisuryasathyanarayanan3870]

I'm in stage 2 too ig ...I'll get there soon

[@rockwelltradingservices]

Yes you will! 😉👍

[@amirnazari7429]

Thank you so much extremely inspirational. Thanks for preaching not giving up🙌🏼🙌🏼✨

[@drikamilli8100]

Trading is the hardest thing I have ever gotten myself into …the constant anxiety, sleepless nights , regret , insomnia ..to a point where I thought it was never gonna end , but now I’m getting better with it all ..and I love the journey .. it’s just like another “life” in my “LIFE” ..

[@rockwelltradingservices]

Awesome! Just enjoy it! 😉

[@gowthamarputharaj6285]

@Markus Heitkoetter Hi Markus. Last Year I opened live account and lost nearly 20$ ( which is lot to me ). I realised that trading in live account is not same as trading in demo account. I have engineering background. I tried machine learning for few months ( It didn't make any good results ). After working one year as software engineer. Last month I quit my job and Now I am trying to build an algorithmic trading bot. I tried lot of strategies like trend trading, support resistance trading and indicators. But Result is "all strategies work a little bit. which results in overall loss". My aim is to make some money with algorithm trading bot. And with that money build a High Frequency Trading.

[@gowthamarputharaj6285]

Can you please give me some advice on algorithmic trading.

[@gowthamarputharaj6285]

One of my trading system bot gives profit in one dataset, not taking trade in one dataset and lossing in one dataset.. Do we need to change the trading strategy for different months.. If so how can we know which strategy to apply for which month..

[@rockwelltradingservices]

Have you seen the movie "The Hummingbird Project"? GREAT movie, and it explains why there's no way that you could possibly build a High Frequency Trading company, UNLESS you have $500 Million or more to invest. Same is true for "algorithm bot trading": You have to invest a few million dollars before it would even be remotely profitable. Learn how to read charts! Learn the "PowerX Strategy" and also "The Wheel Strategy". This will help you to make back the money that you lost. 😀👍

[@gowthamarputharaj6285]

@@rockwelltradingservices I haven't watched 'The Hummingbird project' movie. I will watch it soon. 👍

[@rockwelltradingservices]

Awesome! I hope this helps. 😊

[@Remember-Death]

I'm currently at stage ZERO = Watching KZbin Videos about trading. 🤣

[@rockwelltradingservices]

Hey, at least you are learning! I also started at zero. The PowerX Optimizer helped me trade the right stocks and we have a pool of courses that can help you get started. When you are ready here is a promo link this will save you $1000 from the original price www.rockwelltrading.com/products/10-44-powerx-optimizer/

[@atatopaul1227]

stage 2 lol

[@rockwelltradingservices]

That's MUCH better than Stage 1! Let's get you to Stage 3. How can I help?

[@Dave-he9uq]

If you're a self taught, self funded, home based trader, (not institutional) be prepared to spend three to five YEARS in stage two.

[@tonyng74]

I'm at Stage 2 and heading towards Stage 3 now. Stage 1 was the worst feeling in my life and leaving it has been the best feeling in my life.

[@rockwelltradingservices]

I am glad that you are already in a good stage! ;)

[@tonyng74]

@@rockwelltradingservices Just want to share my progress with you. I’m at Stage 3 now and working hard to enter Stage 4 with better execution and money management.

[@howtorelax6905]

The magic question is, can any trader master discipline or it’s something you are born with or not?

[@rockwelltradingservices]

It is not something I am born with. I have to learn and most of the time it is charged to experience.

[@howtorelax6905]

Great content and great answer. Many thanks for all you do 🙏👍🏻🏆⭐️

[@howtorelax6905]

Very true, we pay with pain

[@rockwelltradingservices]

Thank you for watching!

[@adebayotolulope3534]

Stage 1

[@rockwelltradingservices]

Ok, we need to move you to Stage 2 or 3 as soon as possible! How can I help?

[@natarajg4839]

iam in stage 3

[@rockwelltradingservices]

That is awesome!