[Robbo]

Here are the stages:

1. Lose money to start with
2. Break even after a while
3. Make a very slim profit margin when you know what you’re doing

But it will never be consistent – you’ll have days where you make money and plenty where you lose it, so you have to look at your returns over a period, e.g. a month or year.

How much capital are you playing with? That plays a bit part.