“Time to Profitability” is a concern of any new business
but of particular importance in the trading industry
because of the potential for loss and the leverage that
is working against you.

When any new business starts up, it takes a period of time
during which the business is getting established.

Those with experience in starting up new businesses know
that research and planning considerably shorten the time
it takes to get to the point of a smooth running operation.

Most new businesses fail because the owners don’t have the
experience in the industry they are entering, or don’t have
experience in starting up a new business – or both – and
they don’t get to the point of profitability before
exhausting their startup capital.

This is especially true in trading, where most of the
people choosing to become traders lack experience in both
categories, which puts the odds severely against them.

If this sounds like you, then don’t feel bad.  When you first
started trading, they were mostly just telling you about all
the money to be made in trading and not all of the realities
associated with it.

Ironically, the failure rate in trading is the same as it is
in general with new businesses, but with one important
distinction.

Time to Profitability is even more important in trading
because there is more than just the cost of doing business,
losses ARE going to occur even when the business has fully
matured.

Now if you have started your own business before, then you
know the truth of the above, and you also know that trading
presents unique challenges.

If you’ve never started a business before, then you have
probably already figured out that trading is NOT simply
“something to do to make money”.  It is a real business if
you want to have a reliable and consistent income from it.

Plus, you’ve also realized that it is unlike anything else
that you’ve done before and it certainly isn’t as easy as it
seemed it would be at first.

One thing that you probably have experienced is the difference
that it makes when you go into a new occupation and you
receive training for the job versus if you’re just ‘thrown
to the wolves’ to figure it out all on your own.

You get established and proficient MUCH faster and easier when
you have training.

Training shortens the time to profitability considerably.

Now as a trader, you are both the trader, the manager and the
owner of your business.  You have multiple roles that have
different requirements.

If you want to shorten your time to profitability in the
business of trading (which you’re now in), then wouldn’t it
be worth your while to pursue training that will help you
QUICKLY develop the knowledge base and skills for the various
roles that you have as a self-employed trader?

You’ve heard the saying,

“Anything worth doing is worth doing well”

and it is especially true of trading because of the leverage
involved and the fact that you can lose too much money too
fast to go about it halfway.

In trading, you either get good at it as quickly as you can
or odds are that you’ll fail and pursue something else.  So
the question becomes…

Do you have the desire to become a GREAT trader?

If any of this resonates with you and you’ve got just one
hour a week, then I invite you to check out the Trading
P.I.T. (Professionals-In-Training) Club, where you’ll
receive training on how to become the great trader that
you know you’re capable of becoming.

https://insideouttrading.com/pit/great.html

You’ll be glad that you did.

Cheers

Brian

P.S.  Unless you have unlimited funds to trade with, I
strongly recommend that you consider the training offered
here.  Besides, you really don’t want to wait any longer
than necessary to get to the point of consistency and
reliability with your trading business do you?

Now is the time to act.

https://insideouttrading.com/pit/great.html