I am hosting a poll about how many months/years of equivalent full-time work you have spent on trading in order to be profitable consistently. Free feel to vote.
Poll
- How long to be profitable
Scalping! Can it really be profitable in the long term? 57 replies
How long did it take to become consistently profitable? 117 replies
How long the learning time to breakeven/be profitable? 8 replies
How long do you hold a trade and are you profitable? 22 replies
Trend Smasher - Profitable Mechanical Long Term Position Trading 109 replies
DislikedMany thanks for those who have responded to this Poll. I am not one of the responded person, since I am not yet consistently profitable.
I have been spent for about 1 year on trading, and not yet consistently profitable, but I know I am close.
When I first began, I expected it would take months to achieve consistency. I am surprised most people here took 3 years to achieve.
Anyone can explain what the time have been spent for?Ignored
DislikedNothing in particular, the thing is.. when everyday you do the same thing, for years.. day after day week after week month after month year after year.. at a certain point you got it! (profitable), it's true for trading like for any other thing on earth, do it everyday for a big time and you will be successful on it, everything!Ignored
DislikedThanks for the poll. I have two years and yet have not get at there. Let´s keep working.Ignored
DislikedI think this poll has probably explained why 95% private traders failed. I believe that 95% people would not expect and may not be willing to spend such amount of time to be consistently profitable.Ignored
DislikedI'm in my third year and I'm finally profitable. I've had a "tilt" this year and my trading style & my view of the markets completely changed.
If I had this statistic from the start I guess I'd have changed the way I did some things...
That being said, why can't I vote ? I registered only for that and I can't do it.Ignored
DislikedWhen I first began, I expected it would take months to achieve consistency. I am surprised most people here took 3 years to achieve.Ignored
QuoteDislikedAnyone can explain what the time have been spent for?
DislikedIf someone had told me this I doubt I would have kept on going. Once you're hooked, though, some of us don't like being beaten by something that LOOKS so simple.That's easy - you go through continuous 6-month cycles of trying this and that and moving on until it all starts to make some sense after a while.
Then you find what works for you and then you have to find all the small subtleties in trading that make the difference between good trades that don't make much money and the same type of trades that give you as much as the market will...Ignored