Here is the thing,
For every skill there is predetermined fomula of 10000 hours. Which need to master the field. Take any profession. It's the same. But really do we need 10000 hours to be a profitable trder.
The answer is no. Bcoz that time was in the 90s to master the field. But now in present case, it may take lesser time than that. With digital form of media. You know everything speeded fastly. The way information is delivered is much faster than those era.
Now its just third of that. That is 3000 hours. Which I am saying bcoz there is lot of things you can learn fast. With access of information. Also improve the same thing fastly.
Of course trading is very hard job. Stressful and time consuming to master. If journal are made , it possible. Moreover some set of mentors guidance will cut the learning curve short.
With first being more wrong, with daily improvement. You can certainly become less wrong. With dedication and right thing in place you can go ahead with minimal time of span. Even one can become profitable in a year.
Let's calculate the time,
1 year= 250-300 working days. Take 300 day and work 10 hours a day. You can be there. I knew it needs full time. Yes trading is full time career not good for part timers. For part timers it may take 3 year to do the same. With efforts being reduced time will be longer frame than the full time trader.
Yes you read right just within a year you can become a master in trading. Conditions apply. Serious to learn the skill. Passionately doing what it takes to be there. Then nothing can stop you. Information is out there free of cost mostly. Make use of them. Stick to right person and group. Finally best books and self assessment.
Happy trading!
For every skill there is predetermined fomula of 10000 hours. Which need to master the field. Take any profession. It's the same. But really do we need 10000 hours to be a profitable trder.
The answer is no. Bcoz that time was in the 90s to master the field. But now in present case, it may take lesser time than that. With digital form of media. You know everything speeded fastly. The way information is delivered is much faster than those era.
Now its just third of that. That is 3000 hours. Which I am saying bcoz there is lot of things you can learn fast. With access of information. Also improve the same thing fastly.
Of course trading is very hard job. Stressful and time consuming to master. If journal are made , it possible. Moreover some set of mentors guidance will cut the learning curve short.
With first being more wrong, with daily improvement. You can certainly become less wrong. With dedication and right thing in place you can go ahead with minimal time of span. Even one can become profitable in a year.
Let's calculate the time,
1 year= 250-300 working days. Take 300 day and work 10 hours a day. You can be there. I knew it needs full time. Yes trading is full time career not good for part timers. For part timers it may take 3 year to do the same. With efforts being reduced time will be longer frame than the full time trader.
Yes you read right just within a year you can become a master in trading. Conditions apply. Serious to learn the skill. Passionately doing what it takes to be there. Then nothing can stop you. Information is out there free of cost mostly. Make use of them. Stick to right person and group. Finally best books and self assessment.
Happy trading!
Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
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