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The 5 Steps to becoming a trader

  • #101
  • May 9, 2009 12:09pm May 9, 2009 12:09pm
Yeah, you're right.
For me, I usually bounce 1-3, only hitting 4 maybe half a dozen times, 1-5 days each, over lots of years. Never hit my stride in 4, unless you count an almost-breakeven year. 5, I only dream of. So, I'm at 3.
  • #102
  • May 22, 2009 3:51am May 22, 2009 3:51am
up up up
To Live is the rarest thing in the world , Most people exist , that is all
  • #103
  • May 23, 2009 5:38am May 23, 2009 5:38am
to make average trader (if you Are more dadicated) need at least one year....i think...
  • #104
  • Sep 15, 2009 5:35am Sep 15, 2009 5:35am
moving this thread up
To Live is the rarest thing in the world , Most people exist , that is all
  • #105
  • Sep 15, 2009 8:52am Sep 15, 2009 8:52am
Step 3 represents my current position after 8 months trading from scratch, although I'm doing better than 'break even'.

I also wouldn't agree with the figures, remember there a LOT of people that give-up or way too early and/or break rules regularly, that will bias those figures/stats.

It's the get rich quick reputation that damages the trading market, it's a voyage of discovery and just like any other profession you must experience and master.
"I made all my money by selling too soon"
  • #106
  • Sep 15, 2009 10:20am Sep 15, 2009 10:20am
Quoting maheswara
moving this thread up

This is hilarious...
  • #107
  • Sep 15, 2009 1:25pm Sep 15, 2009 1:25pm
Quoting indianguyinny24
This is hilarious...
hey V,

I really like this thread , it gave me a clear idea of wat I was gonna go thru till becoming competent when I started out,
after this the taf thread filled my grounding ...

Im sure there are people out there who ll be immensely helped from reading this one thread in the beginning of their career so figured I had to keep this thread noticeable from time to time
To Live is the rarest thing in the world , Most people exist , that is all
  • #108
  • Sep 15, 2009 2:21pm Sep 15, 2009 2:21pm
Quoting maheswara
hey V,

I really like this thread , it gave me a clear idea of wat I was gonna go thru till becoming competent when I started out,
after this the taf thread filled my grounding ...

Im sure there are people out there who ll be immensely helped from reading this one thread in the beginning of their career so figured I had to keep this thread noticeable from time to time

I totally agree that.... this can be used as a benchmark.....

was just keeping it funny across the board... as Trading becomes lonly many times....

V
  • #109
  • Sep 16, 2009 2:36am Sep 16, 2009 2:36am
Well, I'm not sure whether it's true or not, but thae article is very inspiring and i nelieve the message of it is: never give, or give up just as soon as you get totally desperate =)
  • #110
  • Sep 16, 2009 8:43am Sep 16, 2009 8:43am
Takes time but as soon as you get your hands on step 3 you on your way to profitable trading.
  • #111
  • Sep 17, 2009 2:16am Sep 17, 2009 2:16am
MackS10, yeah, after step 3 you don't pay much attention to particulars and don't care much about the result =)
  • #112
  • Nov 2, 2009 4:53am Nov 2, 2009 4:53am
thread bumped
To Live is the rarest thing in the world , Most people exist , that is all
  • #113
  • Dec 30, 2009 1:21pm Dec 30, 2009 1:21pm
thread bumped
  • #114
  • Dec 31, 2009 10:09am Dec 31, 2009 10:09am
This was an excellent article and really speaks the truth!
  • #115
  • Jan 24, 2010 1:14am Jan 24, 2010 1:14am
thread bumped
  • #116
  • Jan 24, 2010 10:58pm Jan 24, 2010 10:58pm
oi thread bumper , here some help
To Live is the rarest thing in the world , Most people exist , that is all
  • #117
  • Jan 25, 2010 12:34am Jan 25, 2010 12:34am
Quoting maheswara
oi thread bumper , here some help
  • #118
  • Jan 26, 2010 5:09am Jan 26, 2010 5:09am
it might be a good idea to do our chatting here V ,
that way thread will be automatically bumped
To Live is the rarest thing in the world , Most people exist , that is all
  • #119
  • Jan 28, 2010 8:17pm Jan 28, 2010 8:17pm
i thoguht to keep this thread alive... with some chat....i agree with u...so mahesh how long it took you to come to level 3 for people who visit this chat....
  • #120
  • Jan 28, 2010 8:56pm Jan 28, 2010 8:56pm
I think about 2 years ...
actually the understanding came earlier , but I wasnt profitable yet...
the important part is that market can go anywhere anytime and being profitable is a state of mind ...
and keeping that state of mind takes hardwork ...
how about u V ?
To Live is the rarest thing in the world , Most people exist , that is all
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