When to know if it’s time to quit...

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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stueytrader
Posts: 863
Joined: Tue Dec 15, 2015 6:47 pm

Kai wrote:
Wed May 05, 2021 4:14 pm

Very difficult to generalize as it depends on too many factors, but from my interactions with other traders etc off the top of my head I would perhaps say the average length is about 2-3 years for someone to become consistently profitable. But the average quitting time is far far lower from what I have seen.

Needless to say Stuey, there's a big discrepancy between the two.
Yes, agreed - I'm sure many give up long before they reach the chance to get successful consistently. That's life, as hoping for a future goal is not enough for many in real world terms. But, if you do hang on long enough, and get to the good times, it's worth it.
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