how long did you take to have a profitable year?

how long did you take to have a profitable year?

  • 1

    Votes: 41 31.5%

  • 2

    Votes: 17 13.1%

  • 3

    Votes: 20 15.4%

  • 4

    Votes: 15 11.5%

  • more than 5+ or give up

    Votes: 37 28.5%
  • Total voters
    130
Quote from makloda:

Because there are posters here on ET that get a hardon and personal satisfaction out of the financial misery and failure of other posters. Call it schadenfreude, next to jealousy one of the more despicable human emotions.
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Would you allow a child to walk out onto ice without warning him of the dangers?

Of course you would because you don't even know what they are yet.

No offence but your an Idiot !
 
Quote from Optionspoet:

I'd think it's safe to say that the majority of those 1 year winners are full of shit or have started 6 months ago and think this endless bull run will last the next 40 years.

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i'm sure that is what it is. i have been trading for a year and 2 months now and managed to make 40% trading gold/silver stocks first year that went up almost 100% if i had just bought and held...it certainly was nice to have the luck of the bull where mistakes cost profit and not capital. my equity "curve" last year looked more like i was trying to draw mountain range with it...

maybe the question should have been how long until you had a profitable backtested strategy.
 
I took me less than a year. No I'm not prop. No I'm not confusing a bull market for a good trader. I actually do much better in large down days than up days. I have been at it around 2 years.

It is possble, just not probable.
 
it took me three months to get positive.....but i work at Swift where the the choices you have are get positive or no job....so yes it is very plausible for many people to be positive in less than a year.....since i have started i have had many losing days....a couple losing months.....but never a negative year and im almost done my 3rd year.
 
Quote from jdeezero05:

maybe the question should have been how long until you had a profitable backtested strategy.
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Exactly!! The first 2 years I started were profitable. I started out as more of a fundamentalist. First year was mildly profitable.

Then I started looking at the charts and realized that I was missing a vital piece of information. Started taking into account technical analysis and started backtesting. After what seems like hundreds of hours, I developed a profitable strategy. I shorted everything in sight and needless to say, second year was great!

Somewhere between years 2 and 3, I was humbled. I had no idea about trade or risk management. I was short and overleveraged on a few tickers and voila...

Technically speaking, I should have voted for year 1, but the markets had more to do with that than I did. Point is, you need to start counting from the point where you know what you are doing. I was lucky the first 2 years but I do not count those because it was just that - luck.
 
Quote from minmike:

I took me less than a year. No I'm not prop. No I'm not confusing a bull market for a good trader. I actually do much better in large down days than up days. I have been at it around 2 years.

It is possble, just not probable.
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You cannot have a profitable first year in less than twelve months.

Read the question.
 
Quote from fearless9:

You cannot have a profitable first year in less than twelve months.

Read the question.
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If I trade for one day and make money. Then I don't trade for the rest of a year, would that be a profitable year? I think so.
 
Quote from Optionspoet:

What a retard.
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When I make your year in a month... Good luck

Not worth my time to try to help people who want to insult and play semantics.
 
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