Someone asked what is the most I’ve ever made off 1 trade
It was an AVGO buy last month
$6.3M from a single trade
AI hype has been the easiest market to make money in that I’ve ever seen
If you haven’t made money from it I genuinely don’t know what you’ve been doing
Luckily for you we have another 3-4 years of this before it starts to cool off
How to make $1,000,000s from trading:
1. Learn a strategy from a GOOD mentor
2. Backtest it over 500+ trades, start trading small live account
3. Invest into prop firm challenges if you don’t already have $20-30k+ in capital
4. Re-invest prop firm profits into a personal account
5. Risk 2-3% per trade on your personal account at the start and reduce risk as it grows
6. Live cheaply for your first few years after trading “success” so you build a nice buffer of cash
7. Learn how to swing trade and invest your trading profits into longer-term plays
8. Diversify and invest in other businesses, real estate, etc
9. Network and make friends with other guys in the space (will bring a lot more opportunities)
YOU GOT THIS BRO
This yacht was the best and worst investment of my life
Cost $3m, full-time captain was $200k/year, maintenance costs
Sold it for a $1.1m loss
AND on top of that it was getting too much - was hosting parties on there, getting drunk and doing drugs during the week and it was affecting my health
BUT at the same time I got introduced to some very important people by hosting parties on it - politicians, fund managers
Those connections I gained made it all worth it
But I think I’ll stick to dinners and networking events from now on lol
Someone asked what is the most I’ve ever made off 1 trade
It was an AVGO buy last month
$6.3M from a single trade
AI hype has been the easiest market to make money in that I’ve ever seen
If you haven’t made money from it I genuinely don’t know what you’ve been doing
Luckily for you we have another 3-4 years of this before it starts to cool off