In everything you do, you’ll find yourself confronted with a standard ladder of mastery. Trading is no exception. The 4 levels are:
• Unconscious Incompetent – when you have no knowledge and no experience
• Conscious Incompetent – you achieve this level once you’ve gathered some bit of knowledge, and can now recognize you still have a lot to learn and experience.
• Conscious Competent – when you have the knowledge and know how to use it, at this point you are starting to see great progress and results.
• Unconscious Competent – The last level of mastery at which point you perform the task with a crystallized behaviour and you no longer think about it, you just do it right and comfortably well.