The Hard Truth About Trading ๐จ
A lot of people jump into trading thinking itโs a quick way to become rich overnight. The reality? Most end up losing money, especially in day trading.
Peter Brandt, a veteran trader who has been profitable since 1975, shared what it really takes before you can even consider becoming a full-time trader:
โ Youโve had at least two years in a row making over 50% average profit.
โ Your capital comes from profits you already made, not from salary or borrowed money.
โ Youโve done at least 1,000 trades โ experience matters more than hype.
โ You have 2 years of living expenses saved, completely separate from your trading funds.
โ You have mentors or fellow traders who can keep you disciplined and call you out when you lose focus.
The point is simple:
๐ Trading is not a shortcut. Itโs not a game.
๐ Without preparation, it can burn your money and your time.
Be patient. Be structured. Be disciplined. Only then can trading become a long-term career, not just a gamble.
๐ก Respect the process, and the profits will come.