I am NOT impressed with what someone makes in 1yr, 2yrs or 10yrs. The only measure of true success is what you take with you when you are done trading for active income. Anyone can make money, but few people can keep it and even fewer people will keep it and grow it long term.
Retail has a hard time removing self-limiting beliefs around money. Some can make a certain amount and then plateau.
When I worked with Rande Howell he mentioned he had a trader that couldn’t break through the $100k account mark. Every time he reached it, he would self sabotage.
It wasn’t until digging deeper that he had a limiting belief instilled by his father. He would always say “nobody is worth $100K/year”.
When you realize there’s a nearly infinite supply of money, all it takes of you is to transform into the person that is worthy of having it.
Just sharing this below because there are people living in a whole different world…it just comes down to self belief.
Every man's dream:
1. Make digital money
2. Invest in physical assets that pay in ur sleep
3. Repeat until your family never has to work another day in their lives
This is the way.
I have 3 daughters. I take each of them out for dinner once a month for a Daddy/Daughter date night. Last night was my middle baby at our favorite spot in the city The Bellevue.
In the markets, survival comes first.
Many traders end up blowing up and quitting in the first 2-3 years.
Had they just managed their capital and learned to sit still more often, maybe that 4th year would be their breakthrough.
The longer you're in the game, the more you'll realize generational wealth opportunities don't appear every year.
It's more important to be around when they do.
I don’t care what it is but you can’t have trading be your only source of income.
You need something else coming in.
Trust me here it fixes majority of your psychology problems when you’re not FULLY dependent on the outcome of your trading to put food on the table or pay rent.
It’s funny seeing people shame others here bc they are selling a service or course or indicator.
Claiming you’re a fraud saying “dont you make enough off trading?”
Why did Lebron sign a deal with Nike and sell shoes ? Does he not make enough money playing basketball?
Why did Jordan do the same?
Why did McGregor start a whiskey brand?
It’s called being smart.
Some ppl apparently don’t understand the concept of entrepreneurship.
Always look to increase your streams of income… don’t just settle for one.
Obviously I’m unemployed, but the 1am - 5am grind is where it’s at. Isolated, no noise, I put on meditative chants, pop a zyn, and get to deranged work.
The goal is to increase my delusion. I must feel like the world is mine for the taking even if it’s deteriorating.
We will dominate.
We will outperform.
We will thrive in chaos.
@Meronix15@TheFlowHorse I certainly wouldn’t advise anyone get into this business but that’s not because you can’t make money, it’s because it’s a fucking shit job