I did an interview with Shay (aka Humbled Trader).
We spoke about:
1. How my trading has evolved over the years
2. The trading strategies I use to manage my 7-figure account
3. Important lessons and mistakes I’ve made over the years
4. YouTube and content creation
5. And much more…
Watch it here: https://youtu.be/HtF7bmw6hZc?si=nqaBXRNsj1JZRLtW
We spoke about:
1. How my trading has evolved over the years
2. The trading strategies I use to manage my 7-figure account
3. Important lessons and mistakes I’ve made over the years
4. YouTube and content creation
5. And much more…
Watch it here: https://youtu.be/HtF7bmw6hZc?si=nqaBXRNsj1JZRLtW
YouTube
How to Build Trading Systems that Work: Stocks, Futures & Forex with @tradingwithrayner
Get My FREE Weekly Stock Picks & Trading Journal: https://bit.ly/40dGKEk
Learn to day trade and swing trade: https://bit.ly/46JABnd
In this episode, we sit down with @tradingwithrayner to explore how he went from discretionary trading to building robust…
Learn to day trade and swing trade: https://bit.ly/46JABnd
In this episode, we sit down with @tradingwithrayner to explore how he went from discretionary trading to building robust…
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[The truth is: trading is a get-rich-slow scheme]
You’re probably thinking:
“Then what’s the point of being a trader?”
“No way. I want to make fast money so I can quit my job.”
“But I’ve heard of traders taking a few thousand dollars and turning it into millions.”
Yes, it’s possible to make big returns from trading in a short period.
How?
All you need to do is risk all your capital on one trade.
And if you get a 1-to-1 risk-to-reward ratio, you’ve just doubled your account.
So, what’s the catch?
It’s not sustainable.
Because if you encounter a single loss, that’s the end of your account.
So, how should you approach trading?
As a get-rich-slow scheme.
I know it’s not sexy.
But if you stick with it long enough, it’s possible to grow your account to 7-figures (and beyond).
Here’s how…
–Let’s say you have a $5,000 trading account
–You contribute $5,000 to your account each year
–You earn an average of 20% a year
Now if you do this consistently for 30 years, do you know how much money you’ll
have?
$8,278,170.
Yes, you see that right, $8,278,170.
In other words, when you think long-term, the sky is the limit.
Unfortunately, most traders are fixated on the now that they miss the big picture.
Don’t be one of them.
You’re probably thinking:
“Then what’s the point of being a trader?”
“No way. I want to make fast money so I can quit my job.”
“But I’ve heard of traders taking a few thousand dollars and turning it into millions.”
Yes, it’s possible to make big returns from trading in a short period.
How?
All you need to do is risk all your capital on one trade.
And if you get a 1-to-1 risk-to-reward ratio, you’ve just doubled your account.
So, what’s the catch?
It’s not sustainable.
Because if you encounter a single loss, that’s the end of your account.
So, how should you approach trading?
As a get-rich-slow scheme.
I know it’s not sexy.
But if you stick with it long enough, it’s possible to grow your account to 7-figures (and beyond).
Here’s how…
–Let’s say you have a $5,000 trading account
–You contribute $5,000 to your account each year
–You earn an average of 20% a year
Now if you do this consistently for 30 years, do you know how much money you’ll
have?
$8,278,170.
Yes, you see that right, $8,278,170.
In other words, when you think long-term, the sky is the limit.
Unfortunately, most traders are fixated on the now that they miss the big picture.
Don’t be one of them.
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