What would you do if you were me?
- Thread starter Randalli
- Start date
Baron
ET Founder
If you can't make money trading right now, consider the following: While you've still got some money in your bank account and some time on your hands, I highly recommend you focus on developing some new skills that may help you earn some money later on, either through a job or by starting your own business. You mentioned having good cognition, so consider learning a programming language that you can master and then you'll be in a position to charge money for your programming efforts at a later time if you need to. In fact, you might find that the programming skills you learn may increase your abilities as a trader and open up new opportunities for you in the markets.
That's just a suggestion to get you thinking, but what you really need to do is sit down by yourself for one hour, and just start writing down some new skills that you've always wanted to learn. Don't worry about how much time and work those skills may take to develop. For now just write down a list of 10 - 15 skills you'd like to develop in yourself. They don't all have to be work-related. Maybe you've always wanted to learn how to draw or paint. Maybe you'd love to learn how to play the guitar. Maybe you'd love to learn how to cook. What about learning how to work with wood? Or how about learning how to weld various types of metals? Your friends may be able to help you out with suggestions, so ask them, "What skill or career do you think I would be really good at?" You may be surprised at the suggestions you get.
The possibilities are endless, but now is the time to use some of your money to explore new desires. Once you have a list, split them into 3 groups. The first group represent the easiest skills, meaning that you could learn them relatively fast, say within the next year or two. The second group are the skills that may take 3 or 5 years to become really good in. And the final group are your long-term skills that may take a decade or longer to become an expert in.
Once you've got your 3 groups, pick one skill from each group that you're the most passionate about, and then move forward with learning those 3 skills.
But whatever you do, don't just sit around and waste your time and money over the next year or two while you're waiting on market conditions to become more favorable. The last thing you want to happen is for your money to run out and you have no marketable skills either. Invest in yourself today so you can be prepared for the future, and you'll never regret taking those actions. Good luck!
That's just a suggestion to get you thinking, but what you really need to do is sit down by yourself for one hour, and just start writing down some new skills that you've always wanted to learn. Don't worry about how much time and work those skills may take to develop. For now just write down a list of 10 - 15 skills you'd like to develop in yourself. They don't all have to be work-related. Maybe you've always wanted to learn how to draw or paint. Maybe you'd love to learn how to play the guitar. Maybe you'd love to learn how to cook. What about learning how to work with wood? Or how about learning how to weld various types of metals? Your friends may be able to help you out with suggestions, so ask them, "What skill or career do you think I would be really good at?" You may be surprised at the suggestions you get.
The possibilities are endless, but now is the time to use some of your money to explore new desires. Once you have a list, split them into 3 groups. The first group represent the easiest skills, meaning that you could learn them relatively fast, say within the next year or two. The second group are the skills that may take 3 or 5 years to become really good in. And the final group are your long-term skills that may take a decade or longer to become an expert in.
Once you've got your 3 groups, pick one skill from each group that you're the most passionate about, and then move forward with learning those 3 skills.
But whatever you do, don't just sit around and waste your time and money over the next year or two while you're waiting on market conditions to become more favorable. The last thing you want to happen is for your money to run out and you have no marketable skills either. Invest in yourself today so you can be prepared for the future, and you'll never regret taking those actions. Good luck!
Join local library {FREE} join some local groups or community, build your skills (community people will guide you or learn from them), borrow, books, CDs, magazines, etc from library and learn different skills, connect with locals and find local jobs.
Life is not so easy in US (specially now a days- when food price is increasing, hard to find jobs, Gas price, rent, etc all increasing at same time..). One great advantage you have- you don't have any dependent (eg child or old parent). You can easily switch positions, places and adjust your life style easily, according to your need. Beat of Luck!
Life is not so easy in US (specially now a days- when food price is increasing, hard to find jobs, Gas price, rent, etc all increasing at same time..). One great advantage you have- you don't have any dependent (eg child or old parent). You can easily switch positions, places and adjust your life style easily, according to your need. Beat of Luck!
Take a vacation to Chernihiv (Ukraine) than Gaza strip, & Yemen. When or if you get back home all your troubles will feel like a summer breeze.
You get the point- focus on being grateful for what you have - this is rocket fuel. Getting out of your place to do something fun/adventurous will help.
You get the point- focus on being grateful for what you have - this is rocket fuel. Getting out of your place to do something fun/adventurous will help.
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I ain't sure $300,000 is enough for you to immigrate with. There are countries that accept investment for immigration (USA, for example, has EB-1 program with the requirement that you employ 10 or more workers for 2 years). Even so, if I were you, I would start looking for ways to get out of China when I have the money to do so.
So you live in Seattle, eh? Now your cover is blown.
Some Elite Traders trade with prop firms. Might ask them for opinions.
https://www.benzinga.com/money/best-prop-trading-firms
Earn2Trade is a sponsor of Elite Trader.
https://www.earn2trade.com/?a_pid=elitetrader&a_p1=footer
Give poker a try.
Move to Vietnam, put most of your money in dividend portfolio (or those options ETF for >10% annual yield), then just grind at poker...
You're single with no kids, stop worrying like a biatch.
Wow~That's a surprise. Thank you for giving me such a website and giving me hope
Yes, I have also thought that if the situation is tense, I will transfer, but my passport can only stay in Vietnam for a maximum of 90 daysPoker? Are you talking about a card game? My English is not good, I use a translation tool