Day Trading & Forex Forum

KlasH

Starting with 20,000 USD this Monday. So I will tell you guys how long it takes to be successful. I predict one day. (hey gotta think positive right?)

onlineforex11

i agree with everyone. trading does need lot of patience and hard work.

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demeanor

hi there !!

It depends solely on the trader as how he learns to trade and how quickly he is understanding the market trends and movements.

I think the slower the better coz its matter of money.....

p-lab

Hi Klash, Bit of topic but out of interest how has the year been for you so far?

bangkoker

I'm not sure how long it will take, I am patient and in no hurry as earning a living, elsewhere, although would be nice to be able to trade full-time within 5yr time frame, to enable a little bit more freedom from the office and the 9 to 5.

All I do no for sure, is that I have a lot more chance of becoming profitable in the long-term with the help of this site and threads by the likes of Mr.Charts,Trader_Dante and all the other people who post a common sense view and share their techniques.

tomo1

not one day that s for sure
you need to learn the forex market well and it s players
start slowly and then when you get more confidence increase the amounts/leverage

Vladd297

How long does it take to make a living from trading? I think that definately depends on the individual trader and on his/her style of play. I think it would take a trader atleast 1-2 years before they can hold their own and perhaps a little longer before they can sustain themselves through trading.

The size of capital is also an important factor. Even with a poor trading edge, a trader could probably make a living with a $100,000 capital. Not so much with a trader that starts out with $5,000.

Ultimately, the answers boils down to how fast a trader can develop their trading edge (along with the necessary capital requirement). For a good article on how to find your trading edge check out:

Peaceful Trading.com 5 Steps to Finding your Trading Edge

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