How many years to get pro

[TrAndy2022]

The 10000 hours rule as minimum to be a master is called Mozart effect and referring to Mozart who became a genius. But in Music I believe it is faster to become a master. I know this because I also got professional at the age of 18 when I already played for 10 years a music instrument (around 8000 to 10000 hours of playing here, but then stopped). Here as musician you can be true master within 20000 to 25000 hours for non 180+ IQ people with extraordinary gift in their subject (Mozart is the pure exception and cannot say 10000 hours for everybody else is needed, just especially for great genius).

But for trading as there are so many things involved I believe you need somewhere between 40000 to 50000 hours in total of hardworking (to be realistic) until you can be any expert with a solid edge and making profits consistently. That is my opinion, my observation and also my experience I would say. Now you can count the time span how long you or one needs to be consistent profitable.

 

[schizo]

The 10000 hours rule as minimum to be a master is called Mozart effect and referring to Mozart who became a genius.

Dude, what are you talking about? Mozart was already banging out symphonies when he was in the womb. Most of us pikers, on the other hand, will remain degenerates even after 10000 hours.

 

[newwurldmn]

Dude, what are you talking about? Mozart was already banging out symphonies when he was in the womb. Most of us pikers, on the other hand, will remain degenerates even after 10000 hours.

this is not true. How did he get a pen? Unless….

 

[schizo]

How many years to get pro

I know it is different for each person but it would be nice to understand the average time.

It's not a matter of time. As others already stated, it's more a matter of focus and discipline.

So-called "pros" specialize in one market and focus all their energy in studying the characteristics of that given market. They don't go from trading stocks one day, then options the next, then futures the next week, and forex or bitcoin the following month. No, they play one and only one market until they know that market like the back of their hand.

That's how you become a true pro. Don't become a jack of all trades. You'll only end up as a jackass.

 

[schizo]

this is not true. How did he get a pen? Unless….

It's called CREATIVITY, which I'm afraid you will never achieve in your lifetime.

 

[newwurldmn]

It's called CREATIVITY, which I'm afraid you will never achieve in your lifetime.

you have taken my clearly tongue in cheek post literally.

perhaps if I spend 10,000 hours I’ll be as creative as Walt Disney. Perhaps you need 20,000.

 

[schizo]

you have taken my clearly tongue in cheek post literally.

No, I completely understood your "tongue-in-cheek". I just thought it little too cheeky for my taste. Anyway, my point was either you have it (like Mozart) or you don't (like most pikers you see around you). Is that better now?

 

[newwurldmn]

No, I completely understood your "tongue-in-cheek". I just thought it little too cheeky for my taste. Anyway, my point was either you have it (like Mozart) or you don't (like most pikers you see around you). Is that better now?

I agree with your comment.

 

[comagnum]

Your risk adjusted returns over a 2+ year period will give you a good indicator of your chance of doing well going forward. Everything else is just noise.

 

[TrAndy2022]

There is one more thing involved. This is pure luck. Because you need the right strategy (for you) to be consistent profitable. I heard from Bright Trading as stock prop firm that they had consistent traders who where that profitable within 1 year and then for many years. And of course there were highly intelligent people who never made it. So you need some intuition what might work and good portion of luck anyway. Because there is no guarantee or whatsoever that when you spent 10000 hours or even 50000 hours that you will be very rich or consistent profitable at all. Markets are uncertain and they develop over time. What worked yesterday might not work tomorrow. You need to adapt. And there is always the risk of black swan events or rare unexpected desastrous events or shocks which could wipe out one his account or wealth in no time. In addition there are easier times when nearly everyone can be a millionaire from the stock market on a large bull run lasting several years. But then there are also the difficult times of course. And this is independent from ones his efforts. So you see there are many things involved and to be considered. Not to forget there are times when certain strategies do perform much better than others and then the better ones can get much worse ones anytime like a carousel.