Question -

How many years to become good at trading?

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Thomas Ball
Answered 3 years, 1 month ago
<p>That depends entirely on how quickly you grasp a concept. Rather than just worrying and repeating mistakes, it is better to spend enough time analysing the market and practicing. It would be better to give yourself time to understand market terms and conditions, and how to deal with constant shifts. Start with a small amount of live trading after practicing on a demo for six months. It is important to test your theories and find out what works and what doesn't.&nbsp;</p>
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Charles Farley
Answered 3 years ago
<p id="isPasted">Most people never experience it, and a few do after a few years...or more. There are many people who do not have the time, money, or temperament to succeed.&nbsp;</p><p>If you are well-capitalized, can learn from your mistakes, control your emotions, have excellent money management skills/rules, and are willing to spend countless hours in front of the screen day after day, you might have a chance. A live account cannot replace screen time, and you will never succeed without it.</p>
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Kenneth Scott
Answered 2 years, 11 months ago
<p id="isPasted">Since there is no specific answer to this question, it will vary from person to person. If someone says it took them a year to learn and another to start trading, that doesn't mean it will take you the same amount of time. You can take less or more time than this person. Skills, education, practice, and mindset all play a role. It also depends on how fast you learn. You will learn quickly if you are a fast learner, and if you are a slow learner, it will take you a little longer to learn.&nbsp;</p><p>Are you able to …</p>
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Anthony Giles
Answered 2 years, 8 months ago
<p>Becoming good at trading can vary depending on factors such as the individual's level of dedication, aptitude, and experience. It generally takes a significant amount of time and effort to develop the knowledge and skills needed to become a successful trader. Many traders spend years studying market trends, analyzing data, and honing their strategies before they are able to consistently generate profits. Additionally, it can take time to develop the discipline and emotional control necessary to make sound trading decisions.</p>
3 Views
Derrick Zastrow
Answered 2 years, 2 months ago
<p>It can vary due to personal goals, everyone enters the market with a strong opinion and ideas to pull in maximum profit. A lot of things come into account here so I can’t really say for sure but it depends on whether the traders are choosing short-term or long-term trading. Each to their own, really. There is no specific time prior that is applicable for everyone. So, for me, I’m still learning three years in the market and every time I make a trade, it's like a new piece of the puzzle gets clear, so keep an open mind. Learning …</p>
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