0007
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Keeping a low trading profile at present - my markets are disobeying the rules! So -
Stumbled across this site (possibly known to most of you already?) Lord Tedders Futures and Forex Trading: What Does it Take to Be A Successful Trader?
- thought this little quote on how long it takes to become successful, was interesting:
That's quite a lot of effort if you're doing it part-time. Nobody (except the snake-oil salesmen) said it would be easy!
Stumbled across this site (possibly known to most of you already?) Lord Tedders Futures and Forex Trading: What Does it Take to Be A Successful Trader?
- thought this little quote on how long it takes to become successful, was interesting:
Total Time to
Break-even: 2400 hours
Profitability: 3000 hours
Profitable Day Trading: 5160 hours
Total Dollar cost to
Break-even: $15,000
Profitability: $17,000
Profitable Day Trading: $26,000
Break-even: 2400 hours
Profitability: 3000 hours
Profitable Day Trading: 5160 hours
Total Dollar cost to
Break-even: $15,000
Profitability: $17,000
Profitable Day Trading: $26,000
That's quite a lot of effort if you're doing it part-time. Nobody (except the snake-oil salesmen) said it would be easy!