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How long did it take you to become a **consistently** profitable trader?
How long does it take on average for an individual to become a consistently profitable trader?
I decided to create this thread as a study I am conducting in the futures.io (formerly BMT) community with the goal of gaining the following information:
1.How many profitable traders there are on here
2. more importantly how long it took them to become profitable
3. How many hours a week did they spend on trading/backtesting
In the interests of the entire community, we would appreciate honest answers and input (although I am sure there will be some dishonesty)
So here are the questions I would like profitable traders to answer:
Have you been consistently profitable over the past year?
How many years/months did it take you to become a profitable trader?
During the first six months of your trading career, How many hours a week did you devote to your new business?
2. 3+ years part-time plus 6 months full-time (made the big mistake of going full-time while inconsistently profitable).
3. About 10 hours a week during part-time period; 60+ hours per week (induced by panic) during initial 6 months full-time; Now about 3.5 hours of trading per day plus a couple of hours of journaling and testing new ideas. Usually don't trade on Fridays.
All generalizations are false, including this one.
