How long did it take you to become consistently profitable?

syswizard · Apr 25, 2016

victorycountry said:
Minimum 2 years, to become skilled in any industry, but I encourage you to have your wife, girl friend, or mum by you when you do trading.

I know that having my GF by me, especially naked, would be a huge incentive to trade well....LOL.

i am nobody · Apr 25, 2016

syswizard said:
I know that having my GF by me, especially naked, would be a huge incentive to trade well....LOL.

But remember: timing of your entry is crucial for the result!

syswizard · Apr 25, 2016

Now this chick would be highly motivating, no ?
This is Jamie Vardy's GF.

ETcallhome · Apr 25, 2016

ahhh, I think I'll go short silicone

Alpha Trader · Apr 25, 2016

@syswizard Vardy is truly amazing. He scores on the field and than goes on to score at home. Stuff of real EPL champions!

syswizard · Apr 25, 2016

Yeah, but when you look at Vardy, he's kind of nerdy-looking....not that much of a good-looker.
Still, the money wins the chicks....I think he's making like $150,000 per WEEK !!!

lawrence-lugar · Apr 25, 2016

syswizard said:
Still, the money wins the chicks....I think he's making like $150,000 per WEEK !!!

What % of a return is that? What's his trading account size?

150K/week is nothing to brag about...if his account is in the millions.

endicottsteel · Apr 25, 2016

Took me 5 years to make any money but I had much to learn, bad habits to reverse and adverse traits, most do. You are well on the way when you are a scratch trader and you cannot remember the last time you ran a loser.

Next stages for me were banking when the bulk of the move was complete not trying to squeeze out every tick.

Then having a small down day and powering down knowing that its ok and the most important thing is keeping the loss small.

I never consider the job complete always respect the market, always develop, stay healthy and well rested, try and enjoy it.

Take your time, scale up slowly. Once you have the winning mindset, hold on to it, nuture it and make it part of you.

syswizard · Apr 25, 2016

lawrence-lugar said:
What % of a return is that? What's his trading account size?
150K/week is nothing to brag about...if his account is in the millions.

Dude - that is his salary...he's a soccer player with phenomenal skills.

I have no idea of the size of his account....definitely in the tens of millions.

victorycountry · Apr 25, 2016

syswizard said:
he's a soccer player with phenomenal skills.

Sorry, I don't agree with your opinion on Jamie.
He is just having his season and consistency means whether he can produce the same outstanding performance in the future too (and under a different manager). e.g. remember Smith at Leeds Utd?, he had one great season and later turned out to be a crap player, especially after he moved to Man Utd, and later to New Castle Utd and then he eventually moved down to non-league.
Jamie is from non-league, and there are many players who have similar quality as him in lower divisions, waiting to be discovered.

If it wasn't Ranieri, Leicester City would be fighting to beat the relegation this season anyway.
To find out how one produces consistent performance in a field, I believe one needs to analyse what's driving/causing the outstanding performance, and it was the Ranieri's leadership which was producing Leicester City's outstanding performance.

I am pretty sure, other managers want to find out about Ranieri's winning strategy.

Anyhow, I do agree that Jamie's girl friend is hot