Brandonn
Member
- Joined
- Feb 25, 2021
- Messages
- 124
Disclaimer: I AM ONLY MAKE THIS POST ONCE.
Do not for the common sense in you, attempt to believe you need to pay to learn what is free.
All these online Guru's, Mentors, Courses make more money from you subscribing then to actually trading. Trading comes with risks. But convincing hundreds to thousands of people to pay a monthly fee is free money that's why so many do it. Tell me why would someone with a Lamborghini and 4 super Cars, a mansion want you to buy their services? If he makes so much money wouldn't it be easier for them just to focus on trading? It's because it's free money.
Worse it's for what's already out there for free.
1. Free classes & Seminars
If you want to learn. YouTube video. I know over 6 guys now who offer trading services like signals and mentorship who all started from watching Free YouTube videos. I will even create a sub post where I send all the video's we use to watch.
Now I know most people don't know this, but alot of brokers (who you need to have an account with in order to trade) offer classes and seminars weekly for free also they've already made videos on tools used for analysis and what certain patterns mean, ect. All free. There's then enough free resources out there.
Don't have time to go through everything? That's perfectly fine. Just ask AI to create a trading schedule for you that will teach you and give you opportunities to practice trading in your free time, it will create something around your life. No needs to feel overwhelmed. Just tell it what you want and your go to go.
2. How much do I need to start investing or trading.
Firstly the easiest thing you can do is create a saving account with your bank, you'll get interest for letting the bank " borrow " it. It won't be alot but it's risk free.
If you want to trade, opening a demo account is a good start. Just to get familiar with trading... Now don't be an idiot and open max trades and see $50,000 profit on your screen and believe now your ready. No the account you actually trade with will not be the same as your demo account.
Most demo accounts start at $3,000 or $10,000 when you open a real account and trade you honestly won't invest that much so immediately there's false assumption you have in your mind and you will loss money. Trading is psychological, it's about analysing trends and patterns in order to predict an outcome. It's a calculated guess, you can't be panicking or nervous or you'll misread opportunities and lose money. So when you done demo trading. Open a Cent account ( Mirco account)
This will let you trade with real money but won't be a traumatic experience if you lose money because you'll only be losing cents. This is teach you alot more and help you adjust your strategies in order to be more successful. Once your ready open a standard account and only deposit $30 - $40 you don't need more honestly. Trade that for a month and see how well or badly you did. If it went well do it able and see if you can recreate it. If it want bad, back to the drawing board and go through why it went bad.
This allows you to adjust without over committing funds. Also stick to common things like USD/JPY or USD/GBP ect there's always something happen in the US markets so it's easier to train on. Don't go after Metals or stocks or crypto or commodities. Your not ready for that level of trading.
Outside of trading you can research Real Estate investments, just join, fund and you'll get paid from that investment. Won't be a whole lot but it will be something that gets you familiar with real estate investment market.
3. Job in trading?
Banks do hire traders, and no you don't need degree. You just need to show them your track record.
How ? Best way is with a prop firm. A prop firm basically allows you to trade on big accounts $10,000 - $50,000 - $200,000 account for a monthly subscription but you have to pass a test first showing you know how to trade as well as trade under strict standards so that you don't lose too much money. It's alot harder then trading for yourself but is also a lot safer and rewarding. And then you can take those results and apply with and they'll take you. I've traded in a prop firm in order to test this, when I applied I was offered $60,000 per year based on my performance plus a 5% performance bonus when I made over a certain amount. Your job is to focus on one thing whether it's Gold or a particular stock or group of stock or whatever but it's always small because they don't want you to miss opportunities. Your primary job, don't lose money and if you can make some money. But very important that your not consistently losing money. Most of the funds these guys have are already in high yield interests accounts, they hire you in order to hopefully make more. They hate losing more then anything. So the entry is high. But all you need is that track record.
Aside from that there's multiple jobs outside of trading directly where you can still be in the investment space.
I'll end things here for now, I'll attach links to where you can find things or suggest where to search.
But do not be scammed. You are here to develop yourself. So you can grow to be more self dependant and be a dependable person for those around you. So go ahead and learn, take the time to teach yourself, there be many opportunities next year and the year after. But get yourself sorted first, emotionally, Spirituality and mentality. Make sure your health is good, don't rush.
Do what you can when your ready.
Hail ZEUS.
Do not for the common sense in you, attempt to believe you need to pay to learn what is free.
All these online Guru's, Mentors, Courses make more money from you subscribing then to actually trading. Trading comes with risks. But convincing hundreds to thousands of people to pay a monthly fee is free money that's why so many do it. Tell me why would someone with a Lamborghini and 4 super Cars, a mansion want you to buy their services? If he makes so much money wouldn't it be easier for them just to focus on trading? It's because it's free money.
Worse it's for what's already out there for free.
1. Free classes & Seminars
If you want to learn. YouTube video. I know over 6 guys now who offer trading services like signals and mentorship who all started from watching Free YouTube videos. I will even create a sub post where I send all the video's we use to watch.
Now I know most people don't know this, but alot of brokers (who you need to have an account with in order to trade) offer classes and seminars weekly for free also they've already made videos on tools used for analysis and what certain patterns mean, ect. All free. There's then enough free resources out there.
Don't have time to go through everything? That's perfectly fine. Just ask AI to create a trading schedule for you that will teach you and give you opportunities to practice trading in your free time, it will create something around your life. No needs to feel overwhelmed. Just tell it what you want and your go to go.
2. How much do I need to start investing or trading.
Firstly the easiest thing you can do is create a saving account with your bank, you'll get interest for letting the bank " borrow " it. It won't be alot but it's risk free.
If you want to trade, opening a demo account is a good start. Just to get familiar with trading... Now don't be an idiot and open max trades and see $50,000 profit on your screen and believe now your ready. No the account you actually trade with will not be the same as your demo account.
Most demo accounts start at $3,000 or $10,000 when you open a real account and trade you honestly won't invest that much so immediately there's false assumption you have in your mind and you will loss money. Trading is psychological, it's about analysing trends and patterns in order to predict an outcome. It's a calculated guess, you can't be panicking or nervous or you'll misread opportunities and lose money. So when you done demo trading. Open a Cent account ( Mirco account)
This will let you trade with real money but won't be a traumatic experience if you lose money because you'll only be losing cents. This is teach you alot more and help you adjust your strategies in order to be more successful. Once your ready open a standard account and only deposit $30 - $40 you don't need more honestly. Trade that for a month and see how well or badly you did. If it went well do it able and see if you can recreate it. If it want bad, back to the drawing board and go through why it went bad.
This allows you to adjust without over committing funds. Also stick to common things like USD/JPY or USD/GBP ect there's always something happen in the US markets so it's easier to train on. Don't go after Metals or stocks or crypto or commodities. Your not ready for that level of trading.
Outside of trading you can research Real Estate investments, just join, fund and you'll get paid from that investment. Won't be a whole lot but it will be something that gets you familiar with real estate investment market.
3. Job in trading?
Banks do hire traders, and no you don't need degree. You just need to show them your track record.
How ? Best way is with a prop firm. A prop firm basically allows you to trade on big accounts $10,000 - $50,000 - $200,000 account for a monthly subscription but you have to pass a test first showing you know how to trade as well as trade under strict standards so that you don't lose too much money. It's alot harder then trading for yourself but is also a lot safer and rewarding. And then you can take those results and apply with and they'll take you. I've traded in a prop firm in order to test this, when I applied I was offered $60,000 per year based on my performance plus a 5% performance bonus when I made over a certain amount. Your job is to focus on one thing whether it's Gold or a particular stock or group of stock or whatever but it's always small because they don't want you to miss opportunities. Your primary job, don't lose money and if you can make some money. But very important that your not consistently losing money. Most of the funds these guys have are already in high yield interests accounts, they hire you in order to hopefully make more. They hate losing more then anything. So the entry is high. But all you need is that track record.
Aside from that there's multiple jobs outside of trading directly where you can still be in the investment space.
I'll end things here for now, I'll attach links to where you can find things or suggest where to search.
But do not be scammed. You are here to develop yourself. So you can grow to be more self dependant and be a dependable person for those around you. So go ahead and learn, take the time to teach yourself, there be many opportunities next year and the year after. But get yourself sorted first, emotionally, Spirituality and mentality. Make sure your health is good, don't rush.
Do what you can when your ready.
Hail ZEUS.
![Karnonnos [SG]](/data/avatars/s/21/21596.jpg?1704756304){kind=avatar}