Learning Trading and Becoming Profitable in six to 12 Months? - page 2.

Yaunfitda

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Quote from: Alphakilo on January 29, 2025, 06:07:10 PM

Have you known anyone who learned how to trade and became profitable in within six months to 12 months?
I want to know if the person had any prior experience and knowledge with the alternatives of trading that gave him an edge.
I want to know if the person, while learning how to trade within that six months to a year, had a full-time job, a business, or was just focused on the grind of learning trading 24/7.
Kindly share as much as possible as you can. I want to know if it is doable or just some motivational talk.

From what I have learned in this community and from the outside, the person that become successful in crypto has somewhat has a experience outside, like in stocks and so they just apply their knowledge here in crypto and made some adjustments to tailor based on it in the market. So I'm not sure if you can learn within six to twelve months what others have learn in college and in their line of worth. I'm not a professional trader though so I can't answer the other questions. I just giving some on what I have observed here and from the people that I talk who trades. Maybe you can join some Telegram groups as well who is just starting to trade as well so you will have the same journey and share notes too. So best of luck if you decided to go down in this path.

Strongkored

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One member of this forum that I know is a fairly consistent trader is Oshosondy, and you can ask him your questions directly.
However, if your goal is to learn, that question is probably not that important to ask because if there is a trader who can be successful in the next 6 to 12 months and also full time or just side job, it doesn't mean you have to follow because you and that trader are different, just learn about his skills in trading.

Zaguru12

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Personally I will say that learning trading is not a month something , for me a basic newbie who wants to start trading will definitely not be able to get it all done. You will see all this so called influencers actually giving the narrative that trading can be learnt within a year and the newbie can grow as profitable trader while all this are just not entirely true as most of the newbies will grow through stages like risk management which is actually one of the key things that one can actually master and say they are profitable traders.

For some new traders they usually mistaken the positive PNL they see at early stages of trading as them been profitable and this is not entirely, although yes positive PNL are the wins but before someone can actually certify them selves as profitable trader they must have been consistent for long and flipping accounts, this is what profitable traders have as distinct from other random traders

Botnake

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Even if we keep on saying that trading is never an easy job, but I know there are still highly profitable traders here who earn exceptional amount from trading even if they have only spend couple of months learning trading. Some maybe employed, but majority are definitely spending a lot of time in the learning process, that’s why the outcome also end up excellent.

However, it requires knowledge, strategy, psychology and discipline to make the best trading experience. And I would say, patience is the best virtue. You will only have your best trading outcome if you wait patiently for the right set up before deciding to trade.

terrific

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Quote from: Alphakilo on January 29, 2025, 06:07:10 PM

Have you known anyone who learned how to trade and became profitable in within six months to 12 months?

Yeah, my friend from highschool that turned out to become an influencer and tells people learn trading through her. Grin

Honestly speaking, to become a profitable trader. It won't only require you a year or so. It will take you a lot of money and time to actually learn and be disciplined.

Quote from: Alphakilo on January 29, 2025, 06:07:10 PM

I want to know if the person, while learning how to trade within that six months to a year, had a full-time job, a business, or was just focused on the grind of learning trading 24/7.

That is possible even if you are an office guy. Use your spare time after office to learn trading but you need to be committed on it and will have to deal with several losses.

Charles-Tim

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There are many traders on this forum. It is better you direct the question to them directly. To know the duration of time they learned about trading and when they started to make money from trading.

I guess if most people will be truthful, most traders are losing money. The reason is because they are not patient and they did not also focus on how to avoid losing money than making profit while trading.

Alphakilo

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Have you known anyone who learned how to trade and became profitable in within six months to 12 months?
I want to know if the person had any prior experience and knowledge with the alternatives of trading that gave him an edge.
I want to know if the person, while learning how to trade within that six months to a year, had a full-time job, a business, or was just focused on the grind of learning trading 24/7.
Kindly share as much as possible as you can. I want to know if it is doable or just some motivational talk.

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