In this video, some of the world's top pro traders (Humbled Trader and Andrew Aziz) share how long it takes to be consistently profitable. Hear from traders who have been successful for years, and learn what you need to do to achieve success too!
If you're looking to start trading yourself, or want to improve your trading skills, then this video is for you! By the end of this video, you'll have the information you need to start making consistent profits from your trading activities.
If you're looking to start trading yourself, or want to improve your trading skills, then this video is for you! By the end of this video, you'll have the information you need to start making consistent profits from your trading activities.
Pro Traders share how long it takes to be consistently profitable. A lot of people asking me you can do when am I how long it takes for me to become a consistently profitable Trader The answer to that is never. There is no date that you say okay I made it from now and it's downhill. No like I'm a very expensive Trader I Had a really bad loss.
Two million dollar loss. You know you always have like a diet. you always have to watch your diets make sure that you stay healthy. There is no point in your life that they say okay I'm fit and this is it.
No, it's just a work in progress every single day. You're one decision away from a very bad trade and you know a disaster. Thank you for those tips! I Think our audience really need it.
Brilliantly said!
If you are always keeping risk under control, meaning you enter each trade with the mindset of risk first, then you become a consistent profitable trader. In the worst case, you would lose little. But the idea that you are one step away from a bad decision is very wrong. As a pro trader, you need to k ow that you cannot risk more than 1% of your portfolio on each trade. So if he lost $2M on one single trade, he either had a bad risk management or a very bad position size or both. Simple rules: dont put more than 10% of your portfolio on each trade and dont risk more than 8% on each trade.
Thank you, I did not know George Clooney is a day trader!!! 😂
I do options trading for a living and thats false it all depends on your strategy. Some strategies are extremely consistent winners and small profits. If your tryna win big a lot then this is true.
Same question asked "Can one stay healthy consistently?" Sure no. As one ages, there are other health challenges to face.
Buffet was Unprofitable 2 years out of 15, so not everyone can have a sparkling record.
Spoken like an unprofitable trader.
Good man.
Absolutely, professionals take timeouts when appropriate. They can blow an account too. Psychology is everything. Thanks for the reminder.
Loud AF in the beginning
Might want to test sound volumes. Thx for content.
The question is probably more about how long it takes(if all goes well) untill you can do it for a living.