How much did you spend before you became a consistently successful trader?

Originally posted by InTheZone
How much did you spend in terms of:

A. Time - How long did it take before you became consistently profitable?

B. Lost capital - How much capital did you lose before you figured it out?

C. Educational materials - How much money did you spend on books, courses, seminars, etc.?

... before you became a consistently successful trader?

I thought the results might be interesting.

-- ITZ
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What do you consider to be a "successful trader"?
 
A successful trader is one who can consistently pull money out of the market over a time period that is appropriate for one's trading methodology, in my opinion.
 
Originally posted by Pabst
You ain't successful in this biz until you leave a solvent estate.
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I would modify that to read "... until you CAN leave a solvent estate."

Once you leave an estate, the game is over my friend. :)
 
Originally posted by InTheZone
How much did you spend in terms of:

A. Time - How long did it take before you became consistently profitable?

B. Lost capital - How much capital did you lose before you figured it out?

C. Educational materials - How much money did you spend on books, courses, seminars, etc.?

... before you became a consistently successful trader?

I thought the results might be interesting.

-- ITZ
More...


Not accurate...but close...

A) Took about 2 years - +12 years ago...which includes making enough money to consistently pay the bills (mortgage, business overhead, private healthcare, etc)

B) 9K

C) 1.2K - I like to read
 
A. 9 months
B. $12,000
C. $35.00 (trading in the zone, by Douglas)

And lets not forget.... I missed out on about $60,000 in earnings for those nine months....

Daq
 
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