They say that a trader needs to log approximately 10,000 hours of screen time before s/he develops proficiency. I estimate my logbook to have registered over 6,200 hours during the past four years.
As my eyes observe and study price action, I find myself recognizing more and more "familiar" patterns, further developing the ability to add layers of information, learning to be patient, let trades come to me rather than vice-versa, control emotion, achieve consistency and increase confidence.
This year continues to drive deeper into the black as my trade selection and management has improved greatly. The hours of experience gained are beginning to translate into consistency and week over week progress.
Last year, there were moments when I felt I "clicked", only to be slapped down by the market. "Your not ready" yelled Mr. Market as "it" toyed and tortured my psyche. I persevered, continued to observe, take notes and work towards understanding more so I could improve my trading status.
I've said it before, this is the most difficult thing I have ever tried to learn and get good at. I'm getting there albeit slowly but progress is realized. About another two years of consistent screen time and study and the coveted 10,000 hour plateau should be reached.
For every 500 hours logged, I believe I climb one step higher towards my understanding and proficiency. It's all about passion, persistence, patience, ongoing study and determination to succeed as a trader. It's a pattern I established about four years ago and plan to continue.
Trade Well !
Finding a Trading Lesson in Each Market Day
-
*10/24/2025 - *The single greatest trend I have observed in my recent years
of coaching work at hedge funds is the growth of teams and the expanding
ro...
4 days ago