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How many years to get pro
- Thread starter AgatheYou
- Start date
Bots don’t use well written post, smiley, avatar, funny handle.
Hi everyone,
It would be great to have the feedback of some professionals on the time it took to finally get profitable in a regular basis and being able to trade as a professional. I find that very few professionals in books or youtube channels talk about the time they needed at first to adjust their strategy/psychology to finally get to succeed. We generally just know they struggled some time but it get rarely more specific than that.
I know it is different for each person but it would be nice to understand the average time.
Thanks
Which markets are you interested in trading?
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What timeframe charts do you like to trade?Bot spotting failed hilmy83
Thanks for everyone else that responded. I know it depends of various parameters still knowing an average could be nice to have an estimate as a reference. I think when you are trying to achieve to become pro and you are very serious about it (trading consistently, having a strategy, having a journal, working on the psychology part, etc) and trying to give your best it is nice to have an idea of the time it could take from the experience of others.
Good Morning AgatheYou,Hi everyone,
It would be great to have the feedback of some professionals on the time it took to finally get profitable in a regular basis and being able to trade as a professional. I find that very few professionals in books or youtube channels talk about the time they needed at first to adjust their strategy/psychology to finally get to succeed. We generally just know they struggled some time but it get rarely more specific than that.
I know it is different for each person but it would be nice to understand the average time.
Thanks
Question please.
1. What does the word Pro mean? Please specify and definitely quantify what Pro means?
Thank you.
Most of people trying don't even get there (profitable) and most just give up.
Thanks for everyone else that responded. I know it depends of various parameters still knowing an average could be nice to have an estimate as a reference. I think when you are trying to achieve to become pro and you are very serious about it (trading consistently, having a strategy, having a journal, working on the psychology part, etc) and trying to give your best it is nice to have an idea of the time it could take from the experience of others.
It's not just putting the hours and the effort.
Not everyone can be profitable.
Not everyone can make enough money to justify the effort and risk involve.
And on top of that, the journey is not linear. You don't necessarily get from point A to point B in straight line. You might be profitable for 1 year and blow up the next one. Or, you are profitable for 3-4 years and then lose the next 2-3. Once you are profitable, you need to stay profitable.
So the time it takes to get 'there' is not that easily estimated, because you won't know that you are profitable only after many years of profitability. It's an never-ending journey.
Hello danielc1,
Agree!!!
A laugh for you.
My lady friend ask me a few months ago, "You being doing trading for so long, why you not a Millionaire yet?"
My exact words was "Because I don't know a Millionaire Trader who wants to teach me Exactly how to be a Millionaire Trader "
She said, so "where is the Millionaire Traders at"
I said "Hiding, I don't know"
Lol hahaha
Maybe it’s possible in 6 months if you have a successful trader to mentor you which gives you close guidance. And no, I don’t mean trading coaches on YouTube.
That will be the exception to the rule, though.
For the vast majority of retail traders where you likely belong (as do I by the way) a realistic expectation would be five years as a bare minimum. Most likely ten years and with no guarantees at the end of the road.
The thing is there’s no substitute for experience. Reading is not going to help you, although of course it’s part of the curriculum.
You simply need a lot of experience. And it takes TIME to accumulate.
Best do something else with your life, IMO.
That will be the exception to the rule, though.
For the vast majority of retail traders where you likely belong (as do I by the way) a realistic expectation would be five years as a bare minimum. Most likely ten years and with no guarantees at the end of the road.
The thing is there’s no substitute for experience. Reading is not going to help you, although of course it’s part of the curriculum.
You simply need a lot of experience. And it takes TIME to accumulate.
Best do something else with your life, IMO.
