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The Monaco kind of life is not sharp boys stuff, this is old looong money built on compounding and Royalty. Now as the young generation , suggest ways we can create such amounts of enormous wealth.
In essence, there are some levels of riches not accessible to retailers traders. Our business doesn't permit us to unlock some levels of opportunities. So just chill be satisfied with what you have, don't gamble, you will definitely get there
To reach this level as a retail trader is quiet tough. Let's be realistic forex trading has a lot of money but the richest person is not a CFD trader. It is not the holy grail to making money. As soon as you get into it with expectation of owning a yatch like this in 3 years;
just know you are the most unrealistic person in the room. That's why most traders fail because of crazy expectations. You can't be doing everything by yourself and expect to make money like a billionaire who networks, delegates and outsources work to make money.
As a trader, you really only have 2 jobs:
1. Find a mechanical strategy and backtest so you know it has a repeatable, consistent edge
2. Build enough discipline to stop yourself from ruining that edge with emotions, overtrading, and bad decisions.
Most people make trading harder than it needs to be.
Do not overcomplicate it.