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How long did it take you to become a **consistently** profitable trader?
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How long did it take you to become a **consistently** profitable trader?

  #1 (permalink)
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How long did it take you to become a **consistently** profitable trader?

Hi everyone,

so the age old question:

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:
  1. Have you been consistently profitable over the past year?
  2. How many years/months did it take you to become a profitable trader?
  3. During the first six months of your trading career, How many hours a week did you devote to your new business?



Thank You,

BF.




@Hulk @kevinkdog @tellytub @Ming80 @treydog999 @bobwest @sam028
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@lemons @GFIs1 @lsubeano @fishfry @DionysusToast @ollie @Silver Dragon @devdas


Last edited by budfox; July 13th, 2015 at 02:14 AM.
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  #3 (permalink)
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1. yes

2. 7

3. all of them

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  #4 (permalink)
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Have you been consistently profitable over the past year?

YES

How many years/months did it take you to become a profitable trader?

4 years

During the first six months of your trading career, How many hours a week did you devote to your new business?

Apporx 10 hours / week

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  #5 (permalink)
Trading Apprentice
Bocas Del Toro, Panama
 
Futures Experience: Intermediate
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Favorite Futures: CL & NG
 
Posts: 32 since Sep 2012
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1. Yes
2. 7
3. 50hs per week

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  #6 (permalink)
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lsubeano View Post
1. yes

2. 7

3. all of them



seven years?

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budfox View Post
seven years?

yes....lol

i wish months

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  #8 (permalink)
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columbia south carolina/USA
 
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Posts: 31 since May 2012
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1. Yes.

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.
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These questions are irrelevant and will have no bearing on how long it will take you to become profitable.

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