Not being sarcastic, and I don't think so. @budfox has a history of randomly asking for help or questions every 3-6 months (and not appearing to heed said help).
Plus, whether someone else spent x amount of time trading isn't gonna affect how you trade. I've seen some people that are just golden and seem to do really well. So much that it makes you sick. And others who can't trade to save their lives.
Last edited by tturner86; July 13th, 2015 at 08:54 PM.
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TT is wrong, it is a very relevant question, even if the individual responses can vary all over the place and has no bearing on one particular poster's ability to become a profitable trader.
It is relevant because the average of the answers shows that it is YEARS and not a few weeks or months before someone reaches the final phase. So if a newbie comes here for the easy money and sees that we are talking years, he might reconsider and turns back saving time and money for himself.
And it doesn't matter who asked the question with what history, other traders would have asked the same question anyway...
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Indeed. If there was a poll of several thousand traders, I have zero doubt the 'average' would be several years. However there is a bias in a poll like that. The bias is that only traders who ultimately became successful would reply (for the most part since that is the point of the poll). What about the tens of thousands of wannabes who spent countless years (decades?) with no success who would not be included in the results of such a poll.
Hearing only from people who ultimately became consistently profitable severely distorts the real picture and in fact makes this look easier than it is. For every 1 Big Mike, tiger trader etc there are thousands of people who you'll never hear from in such a poll. All the people who have been at this for 5, 10 etc years...
You donít trade the markets; you only trade your beliefs about the markets.
- Van K Tharp
Last edited by DarkPoolTrading; July 14th, 2015 at 09:54 AM.
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I deleted the poll. I had to research how to do such a thing, as I've never had a need to do something like this before. But this is @budfox after all, such a waste of time (read all his posts to understand).
The reason I deleted it --- it is in poor taste. You made the poll public, and I imagine most people were not aware that their usernames/selection were visible to everyone when they voted.
@budfox I should have banned you a long time ago back when you claimed it was impossible to make money trading. I've corrected that mistake as of now.
Someone a long time ago was incredibly generous and donated the $100 to pay for budfox's Elite Membership. He didn't even pay it himself. This information is not easy for me to locate, but if you are that person, please contact me by PM and I will refund you his membership.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
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