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kingston

How long does it take to become a successful trader?

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Assuming you'll be one of the profitable ones, it'll likely take six months to a year–trading/practicing every day–until you are consistent enough to pull a regular income from the market.

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When you start out day trading or swing trading, or if you want to get into it, you may wonder how long it takes to become a successful trader. Establishing realistic expectations is important. If you think you’ll get rich in a few weeks you’re setting yourself up for disappointment. Yet, it shouldn’t take years of training before you see some cash flow either.

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For many traders, just the theoretical knowledge about Forex trading may take about 3–6 months, depending on how quickly you understand things. But you also need to learn many things by experience which may take about one year.

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