28/03/2022
🤔 You Know many people would be Profitable in trading if they just stop trying to make millions in a week and/or try to impress people, instead make trading your business, your job.
First sit down and write down all your expenses and liabilities pm e.g
Grocery - R1000
School Fees - R1000
Rent - R1500
Kids Allowance - R1500
Entertainment - R1000
Other - R2000
Total = R8000
Okay your expenses are R8000, now you gonna start off by aiming small in your trading business, lets start off by aiming R10000 Pm, meaning we have to make like R350 per day, which is really easy to hit if you ask me instead of trying to make R1000, R5000 per day. If you can do that and follow your rules and plan, you'll be making +-R10000 Pm and able to live a good decent life considering there's a high rate of employment, people are really suffering out there and most even employed are still getting underpaid like R4000 pm and they have to work from 8am-6pm if you ask me that's being exploited, while you as a trader you get to set your own working hours and pace, you can get up anytime you want and most of the time get to only work for less that 4hours, if that's not being privileged then I don't know what is.
Now let's say it's been 3-4 month of you making those R10000 Pm, life is good, You can now decide to promote yourself, instead of making R10000pm, You decide you gonna aim to make R20 000 pm, meaning you'll have to make R700 per day, which is still easy to archive. And if you repeat this process, 2-3 years you'll be making R70000+ pm, earning the same amount as someone who has a degree, masters and PhD and you might end up earning more than them 🤷♂️and all that cuz you understood that if you are going to survive and make money with trading, you'll have to stop trying to make millions overnight and treat trading like a business and trust the Process 😇
And oh of course Diversify and don't just put everything in trading, take some of the profits you'll be making and invest them in the stock market, real estate, savings etc, the goal is not just to be rich, but to build wealth 😇🍷
