Why does it take so long?

ironchef said:
The minimum time it takes to be a surgeon: 4 yrs undergrad, 4 yr medical school, 5 years residency, 1-2 yr fellowship, then you can get a job as a surgeon, i.e., a total of ~15 yrs after high school just to be a surgeon, not necessarily a successful one. So, his 15 years to be a good trader is par.
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In their residency they draw a salary which increases most years, many are doing the "fat" program which pays huge, of course what most people who get most of their stomach removed, there is a 17% chance you die from either during surgery or infections after.

Fat is very much like trading, Fat=lack of patience. Fat=lack of Discipline. So many after surgery lose weight but at some point they get off the program of healthy eating and start gaining weight.

I know in my own experience, I learned wrong in beginning, was more interested in ways to get into a trade when I should have studied reasons of not taking trades.
 
Handle123 said:
In their residency they draw a salary which increases most years, many are doing the "fat" program which pays huge, of course what most people who get most of their stomach removed, there is a 17% chance you die from either during surgery or infections after.

Fat is very much like trading, Fat=lack of patience. Fat=lack of Discipline. So many after surgery lose weight but at some point they get off the program of healthy eating and start gaining weight.

I know in my own experience, I learned wrong in beginning, was more interested in ways to get into a trade when I should have studied reasons of not taking trades.
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REASONS FOR NOT TAKING TRADES! One of my GOLDEN RULES!
 
BONECRUSHER said:
K-PIA...what does this mean? Come back from what on JAN. 1st...just curious?
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I've made a tentative journal.
Called from 1K to 500K by 2017.
But not two weeks later I blown up.
So I am a failed trader. But I'll make it.
 
K-Pia said:
I've made a tentative journal.
Called from 1K to 500K by 2017.
But not two weeks later I blown up.
So I am a failed trader. But I'll make it.
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I like goal setting...but this sounds like a lot of pressure. I also put a lot pressure on myself to reach certain goals...mostly out of impatience...the results weren't necessarily productive and the stress was destructive. To me...impatient trading is desperate trading...I never would have made it if I didn't stop this behavior. Sounds like you're trading with a small amount of capital, that also makes reaching your goal EXTREMELY DIFFICULT...also why a trader might be IMPATIENT. If this is the situation you've been given...you don't have much choice...but watch out for the stress level...don't trade desperate. I like your POSITIVE ATTITUDE! You'll need it, as odds are against you. Remember...most successful traders were failed traders FIRST! Hope this wasn't too negative. GOOD LUCK!!!!!!!!!!!!!!
 
ironchef said:
The minimum time it takes to be a surgeon: 4 yrs undergrad, 4 yr medical school, 5 years residency, 1-2 yr fellowship, then you can get a job as a surgeon, i.e., a total of ~15 yrs after high school just to be a surgeon, not necessarily a successful one. So, his 15 years to be a good trader is par.
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Except a surgeon is a respected member of society and will earn between 200-600k as an annuity for life and depending on the type of surgery that life won't be very stressful.

A trader can be successful for 15 years and his career can end on the next day.
 
rajesheck said:
This community is so shy to ask...
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i do not think it is shy

just nobody cares how long it took somebody to achieve something

and nobody should care - everybody in his own boat with his own set of circumstances, and his own goals
 
It takes so long because most are

undercapitalised

dont have a clue why price moves

learn from wrong people (think of a douche at home selling courses and demo trading in his pants)

dont know what the true nature of trading is (designed to part you from your money)
 
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