How long did it take you to master the markets?

[good one]

Totally agree. I'm 2 years in and have done well so far but I know the market is still going to take its tuition from me a few times before I would consider myself a "master". Anyone who thinks they are a master after 2 years is delusional and will probly quit when they blow up again.
I wouldn't doubt the reason for the high failure rate is people just don't stick around long enough and get up after blow ups.

Quote from QuantPlus:

The answer is trading every day for a full market cycle...
Including a bull market and a bear market...
And also including at least 3-4 liquidity crunches like we saw last summer.

It takes about 10 years to experience this.

After 2 years I had made a lot of money...
Was overconfident... but did not know sh*t.

The people who think they are great after 1-2 years...
Will inevitably take a big hit sooner than later...
And will be lucky to stay in business.

 

[heidegger]

I mastered the markets immediately. I'm still losing tons of money, but I'm completely in control.

 

[fearless9]

Quote from samuelg:

How long did it take you to master the markets? (until you started making money consistently)

Two different statements.

Making money consistently does not constitute mastery IMO.

The day I declare myself a master is the day you can declare me mad.

 

[Aisone]

The only thing us traders here have mastered is bating.