AVERAGE TIME TO BECAME A PROFITABLE TRADER
Before I answer this question, I want to share a caution!
“Successful Trading is not a destination, and it is a journey”
Every day we need to work hard to get success in trading. Each day and each trading opportunity is unique in the market.
Whenever I thought I know everything in the market, the next day, the market slapped very hard on my face (with a big fat loss) to indicate it is supreme.
What I do became a profitable trader ?
How long does it take to be a successful day trader?
You can see the journey of one year of one of my student’s below. Success in trading takes time, a lot of it.
It is only when you venture into this journey, your limits will expand. There is no time limit, there are only phases and you must not stay there, you must go beyond them.
You need to venture to the edge of your limits, are you?
If not, what’s stopping you?
These are the questions to ask yourself if you want to be a successful trader. You can not hope things will change for you on their own because they won’t. Nothing changes until you take the first step. The rest will follow as you push
A decade back, when I was struggling to make some profits in intraday trading, I had an opportunity to meet one of the famous traders who is also a great investment advisor in India.
During my conversation with him, he was very skeptical about intraday trading, and he said he always prefers to take positional trades and long-term bets.
He said, “In the long run, intraday trading doesn’t work!”. It was a devastating statement for me as I wanted to become a successful day trader.
After many years, I got an opportunity to meet him once again. This time I was equipped with results and proofs of succe
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