No one knows. It differ from person to person. And even most people never get into it. It Will depend on various factors. If you come to forex by knowing that it's the easiest thing to do, first you have to unlearn yourself. Then we have to relearn everything. How quick learner you are that's a matter. How well you can apply your knowledge that's also important matter. So it's better to learn without any negative thinking.
the keys (self experience for just 9 months) 1-be master in one or two strategies. 2-be commitment with your risk management. 3-read every day about just two things (your strategy and psychology) 4-forget your emotions when you trading just follow the trading strategy. 5- identify reasonable monthly income and when you got that, just go out of the market for rest of the month and learn more. 6-if you got your goals for four to six months, right here you will know you are on the way to be profitable and consistent trader. the results at least 10% profit per month for four months consecutively
This completely depends upon the individual’s understanding level of forex trading. I took around 10 - 11 months to take up my success ratio to 60 to 70 % of whole trades. If you have a mentor to guide, this period may be shorter than mine.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.