Chat With Traders · Wednesday, August 5, 2026
Veteran trader Peter Brandt stated that becoming profitable in trading typically takes three to five years. He explained that new traders often have unrealistic expectations of quick riches and fail to account for the time needed to develop skills and a robust trading process.
“And the common story was it took people a lot of time of solving problems, working through the process, figuring out how they trade, what they trade, when they trade, what size, what orders they use, that typically it's three to five years.”
“And, you know, at least in three to five years, maybe you can break even, start making a little bit of money and not losing automatically.”
“I mean, people that think they're going to open an account for $10,000 and make $100,000 a year the rest of their life, that that's foolhardy.”