Discussion in 'Trading' started by chonkore, Feb 13, 2007.
Just curious. I am not too good.
Also maybe share some insight?
4 long years and losing $30,000 slowly
sweating blood an pus
oh and experiencing jail too,
this is the right combination to become a trader
PS: not joking at all
It wasn't so much becoming profitable, but rather finding a trading strategy that I felt comfortable with.
Took about 3-4 years off and on. Some profitable, some not. Most of my major losses came from day-trading a year or so ago. I'm not cut out for that shit.
Also, that's with no mentor...others may have a better learning curve with 'em.
Yes it should be noted as well I was doing all of this on my own until about a year and a half ago when I met my mentor Alex
Interesting that several people where profitable year 1. I'd like to add a question for those how long before you had your first losing year?
I voted for 1 just so I could see the results . I havn't had a profitable year, but I've had some great months inbetween.
Prop shop babies in a bull market !!!
Most of these wont be around after 3 years.
I must say...nothing is more humbling or wonderful for a new investor than crashing and burning with a decent amount of money...it takes a lot of the enchantment out of being an investor/trader.
It's kind of like joining a gang...you might enjoy hanging out with your homies, but until they beat you into their club officially, you don't know how delicate of a thing it is that you're dealing with.
Not the best example but if works in my opinion.
I lost some money, quite a lot actually, the first few months of trading and came back with a vengeance and have grown my worth tons. I only pull out a decent salary every year and the rest stays invested but diversified.
Real wake up call though to lose a lot of money.
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