How long did it take you to become consistently profitable?
- Thread starter nxt7
- Start date
Wow. That's a lot of Buck(s).
I'll have that much money to lose,
Once I will get profitable with trading.
Sounds fallacious ? Well ... That must be.
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Well, I was consistently profitable (as in "for over a year") before I had an overall PF of 1.5+.
But to answer your question as you've asked it, between 2 and 3 years, I think (that was all on demo: I was on demo for four years before ever entering a real-money trade).
about 40 years. It wasn't until I semi retired and got really small enough to put it on with no stop and check it now and then that I ever experienced the "C" word. Most of my trading life was triple digit profit and once triple digit loss. Up one month, way down the next. "Hey look at me it's only June and I am already up 160% YTD!" and then, "Oh well, Happy New Year, at least I beat the long bond."
20 years
About 6 years, but only because I kind of took a really long gap...to stop and reflect and learn...after initially losing 40% of my account quickly just jumping in during the financial crisis. 
But like everything in life...all good things take time -- then it will come back to you many times over like a cornucopia
But like everything in life...all good things take time -- then it will come back to you many times over like a cornucopia
15+ years ... years that led, not necessarily to the "consistency" of the profits or even the premise of "profits" being the motivation and goal behind the process, but to the construction of models whose evidence and signaling regimes instill a confidence and belief in the premise of "asset accumulation" and compounding over the "long term".
James
Director, Quantitative research
XXX
Boulder, CO
"money is made by sitting on one's hands"
James
Director, Quantitative research
XXX
Boulder, CO
"money is made by sitting on one's hands"