Some traders would say "I have been trading for 4 years and more"

[Peanutswar]

Not all traders become successful with their trading journey, others fail. But they keep continuously engaging with the trading because the reason is there is a potential to make a money in trading. The number of years becomes more useless if you didnt learn through our your experience and didnt acquire knowledge from those failures and keep doing the same mistake you are just wasting money and time. Other become successful in trading because they have a plan. They know where to make an entry and exit with the market. No matter the profit size is this is common mistake of the people eonce they have seen small amount is they think its not enough they made an overtrade and worst case lose their probable earnings.

[Free Market Capitalist]

So, some of these social media self acclaimed successful traders are saying that they were persistently trading for more than 2 years and were unprofitable but later on, maybe on the 4th or 5th year, they now started being profitable till date. What is your opinion about such speech from those traders, do you believe is true or they are just lying? 

Of course they're lying. Who can stand to trade regularly when you lose money for several years, hoping that you'll eventually turn a profit? Only an idiot with a lot of money to lose while they can live. Trading is the most heavily promoted activity that is almost guaranteed to lose you money.

[DPHOR]

To be honest I hardly believe what people are about themselves on the social media because I know most of them are being fake just to attract more follows and friends on the handle. Trading is not also that easier as we may think because the percentage of people who are losing in trading far more higher than those who are making profits from their trading journey.
People should learned how to be patient or also channeling their efforts to other things that would give profits to them that would serves as multiple stream income. If we are judging about how long people should be staying to know how to trade, i will say that years doesn't really count and if you know what you are doing it would be that easier for you to make profits but that depends on thorough research and reading series of information and resourceful material they would lead to them to successful trading.

[Mpamaegbu]

What is your opinion about such speech from those traders, do you believe is true or they are just lying?

Yes, it's true for most of them because I've seen struggling traders become profitable with time. However, we shouldn't just believe everyone who says that because there are a lot of so called influencers out there who demo trade but pretend to be trading live accounts.

As a trader, what is your take on this question,  how long is it supposed to take for someone to become profitable and successful in trading? People should know about this, so that after they have tried for such period of time and are not successful, they can quit.

There's no timeline to it. People differ and learning abilities and exposure also differ. Just like many others would say not to quit, I also don't advise any struggling trader to quit except where their situation becomes unbearably out of hand.

If you are a successful trader here, how long did it took you to become successful and what are the things you did differently now that made you profitable?

While I won't count myself as a successful trader yet, I know I ain't doing worse like I was a few years ago. What's working for me now is – keeping it simple. Trading isn't that complicated. I ain't saying it's not hard. It's but it's not that complicated. The only problem is that a lot of us believe without a lot of indicators and strategies we won't be able to get it right. That's not true.