The Journey of a Trader: From Subjective to Algorithmic Trading

📅 The video was recorded in April at around 11:30 am. The content of the video focuses on the three stages of a trader's growth.

💬 The Discord community for forex trading was active and engaging, with discussions lasting throughout the night. Topics discussed included absolute return trading and triangular arbitrage.

📈 The speaker, drawing from personal experience, shares his three-stage journey of becoming a trader. The stages are not defined by specific standards, but rather serve as a reference for those interested in the subject.

📚 The speaker shares their personal journey from subjective trading to programmatic trading.

💡 The speaker emphasizes that success in trading depends on personal experience and individual preferences, rather than a specific trading method.

📈 The speaker mentions successful traders from both subjective and programmatic trading backgrounds.

📚 Copying trading strategies or concepts requires testing and practice to determine their effectiveness.

⏳ Achieving proficiency in any subject, including trading, requires gradual progress and a significant amount of time.

🔍 During the growth phase, individuals need to experiment, identify problems, and engage in self-reflection to develop risk management skills.

💼 Understanding the importance of risk control is crucial during the growth phase of becoming a trader.

💰 Profit is directly related to effective risk control in trading, as minimizing losses leads to higher long-term returns.

📈 Success in the financial market is not about who earns the most, but who earns consistently and steadily over a long period of time.

📈 Overcoming the challenges of trading and accumulating experience through practical trading is a time-consuming process, usually taking years.

🌱 After the growth phase, traders enter the maturity phase, characterized by the development of a trading system or methodology.

📚 Failure and setbacks are catalysts for personal growth and evolution in trading, as emphasized in psychology literature and experienced by the speaker.

📚 Having a complete trading system is important as it allows for a comprehensive view of different trading aspects.

💡 Emphasizing the overall trading system is more important than focusing solely on trading strategies.

⚙️ In the mature stage of trading, emphasis shifts towards trading psychology, portfolio management, and continuous maintenance and strengthening of the investment portfolio.

📚 To become a competent trader, it is important to determine whether you are more suited for subjective or algorithmic trading and find mentors or resources in that field.

⏰ Developing experience and acquiring the correct mindset are crucial for successful trading, regardless of the chosen approach.

🎥 This video provides helpful insights and may be followed up by additional videos based on audience demand.