I choose Rich & Easy Money
What is your preference: Rich & Stressed or Average & Easy Money?
- Thread starter marketsurfer
- Start date
In fact if you believe that you can't be rich and relaxed then you will never be so you limit yourself. I recommend reading about pareto rule and "The 4-Hour Workweek" by Tim Ferris.
To become succesful in trading I think you should be different from the mass. Because the mass loses money and a small group takes the money.
A first test to see in which group you belong, is answering the question from the OP.
If you answer any of the proposed choices you are part of the mass. Only people who want to make another choice, that is not listed but theoretically possible, belong to the small group.
Most people don't think out of the box and choose without really thinking. They take it for granted that the two possible choices are the only ones that exist. A succesful trader however thinks out of the box. He will not only take the proposed 2 possibilities in account , but he will be critical and ask himself the question: are there no other options then what the OP proposes?
If you don't ask yourself this question, it means that you automatically, but maybe without noticing it, limit your knowledge to the knowledge of the OP. This way of thinking makes it impossible to find anything new and valuable, because you excluded it already before even thinking about it.
A first test to see in which group you belong, is answering the question from the OP.
If you answer any of the proposed choices you are part of the mass. Only people who want to make another choice, that is not listed but theoretically possible, belong to the small group.
Most people don't think out of the box and choose without really thinking. They take it for granted that the two possible choices are the only ones that exist. A succesful trader however thinks out of the box. He will not only take the proposed 2 possibilities in account , but he will be critical and ask himself the question: are there no other options then what the OP proposes?
If you don't ask yourself this question, it means that you automatically, but maybe without noticing it, limit your knowledge to the knowledge of the OP. This way of thinking makes it impossible to find anything new and valuable, because you excluded it already before even thinking about it.
Read 4 hour work week. I inadvertenly was forced to use many of these ideas back when i owned a small publishing company pre internet and had a full time job at the same time. The ideas and formulas work.
So, when the biz took off and i made enough at 27 to quit the corporate job-- the business continued to generate a solid income for the next 15 years until the internet finally put the final nail in its coffin.
By the way, Mr.baron is also a proponent of the ideas in the book.
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Hmm, a four-hour work week. Sounds a bit too good to be true, but since there were two references to it in this thread I'll see what Amazon has to say. I'll do my best not to be too skeptical.
Surf, if it worked for you before in some capacity, then why not again? Unless you're already rolling in it. I would imagine that most people, even those making an excellent living, would be open to an additional "middle class income" at the cost of an additional 4 hours a week.
Surf, if it worked for you before in some capacity, then why not again? Unless you're already rolling in it. I would imagine that most people, even those making an excellent living, would be open to an additional "middle class income" at the cost of an additional 4 hours a week.
I go to a free presentation in 2 weeks. I am sceptical, but it's free so why not go?
I do live that lifestyle. no need to be skeptical, it really works.
forbes article on Ferris ideas.
http://www.forbes.com/sites/elainep...l&utm_source=facebook.com&utm_campaign=buffer
http://www.forbes.com/sites/elainep...l&utm_source=facebook.com&utm_campaign=buffer
Well, most people like civil servants and salary men are so set in their ways, they don't think they have any extra time to devout to launching a self operating business-- not to mention they lack the creativity to do so or even are afraid of what their boss or friends might think.
These folks prefer to spend that extra 4 hours watching TV or pursuing some hobby that costs money like golf or fishing.
The mind set is antithetical to 95%.
surf
Okay, so what do you presently spend about 4 hours a week on that nets you a "middle class income?"