Instead of working at a bar/ nightclub and making limited $ why not try your hand in something like sales where you can earn a more substantial income...
Part-time job to supplement trading income
- Thread starter DTrade88
- Start date
Instead of working at a bar/ nightclub and making limited $ why not try your hand in something like sales where you can earn a more substantial income...
with your experience i am sure you are willing and able.
Actually, not a bad advice at all, Xandman
"And so, my fellow Americans: ask not what your country can do for you, ask what you can do for your country."
John F. Kennedy
This is something I've discussed publicly a bit in the past.
A) You need side income. You really do. As you no doubt have experienced, you can be a profitable trader, but you do not use your portfolio or account for income. It's just not a good idea with a sub 2 million dollar account. You have the slightest bit of normal drawdown? You now have two separate things burning against your account. Your need for income, as well as the drawdown. I stress the need of learning income strategies, and contributing to income strategies. There is a difference between growing your account as a pile of money over time, and getting monthly income.
B) Screw the common perception of what everyone else thinks a trader should be, or your own internal dialogue as to what a trader should be and income ... and get side income outside of trading. My wife works a part time job (she used to work full time), and we both contribute to an income strategy. We both still contribute to those income strategies, because heck, even income strategies can grow into incredible wealth over time.
This is something Anton has talked about:
https://www.youtube.com/watch?v=SK0FJfkWzyY
https://www.youtube.com/watch?v=cytdsNK3zMQ
https://www.youtube.com/watch?v=xllA122l4_o
https://www.youtube.com/watch?v=DYCnxq_WEpI
And I have talked about:
https://www.youtube.com/watch?v=MukX2YqJjMw
Get side income, of whatever sort. If you're trying to trade, and derive income from it sub 2 million? The math just doesn't work. If you have other income outside of trading it stops a considerable portion of the bleed to your portfolio.
A) You need side income. You really do. As you no doubt have experienced, you can be a profitable trader, but you do not use your portfolio or account for income. It's just not a good idea with a sub 2 million dollar account. You have the slightest bit of normal drawdown? You now have two separate things burning against your account. Your need for income, as well as the drawdown. I stress the need of learning income strategies, and contributing to income strategies. There is a difference between growing your account as a pile of money over time, and getting monthly income.
B) Screw the common perception of what everyone else thinks a trader should be, or your own internal dialogue as to what a trader should be and income ... and get side income outside of trading. My wife works a part time job (she used to work full time), and we both contribute to an income strategy. We both still contribute to those income strategies, because heck, even income strategies can grow into incredible wealth over time.
This is something Anton has talked about:
https://www.youtube.com/watch?v=SK0FJfkWzyY
https://www.youtube.com/watch?v=cytdsNK3zMQ
https://www.youtube.com/watch?v=xllA122l4_o
https://www.youtube.com/watch?v=DYCnxq_WEpI
And I have talked about:
https://www.youtube.com/watch?v=MukX2YqJjMw
Get side income, of whatever sort. If you're trying to trade, and derive income from it sub 2 million? The math just doesn't work. If you have other income outside of trading it stops a considerable portion of the bleed to your portfolio.
If a job (trading futures) does not pay enough money then one needs to search out another job.
My values system would dictate getting a different job that payed more, not an additional job.
Suggesting one set up a site to teach is nonsense. Who really wants to learn from someone that spends too much money and does not earn enough?
My values system would dictate getting a different job that payed more, not an additional job.
Suggesting one set up a site to teach is nonsense. Who really wants to learn from someone that spends too much money and does not earn enough?
Let's spread some love
Let me give you a way to hit the jackpot without having to learn to trade,
nor having the need of a "Daddy".
Why don't you go this woman's path?
<iframe width="640" height="390" src="//www.youtube.com/embed/-z6wrPjpNE8" frameborder="0" allowfullscreen></iframe>
Obviously, you and your ilke would do well to start looking for the motherS whose
sons are "collaterals", because it is never good Karma to have motherS crying for their
dead sons. Karma ( not "human pettiness" but REAL karma ) always come:
<iframe width="640" height="390" src="//www.youtube.com/embed/Nsd64zyTgAs" frameborder="0" allowfullscreen></iframe>
Just in passing, apparently being petty and full of hate does not help lottery winning.
PEACE and LOVE ( sex is great when true LOVE is there as well
) .<iframe width="640" height="390" src="//www.youtube.com/embed/GhBRHMamIlU" frameborder="0" allowfullscreen></iframe>
My earning way is online surveys that don't waste my time with points/freebies and pay out cash instead.I use for it Earn Honey . You can also try it .