[d]N[/d]ow I know what you might have said to yourself as you read the above title…
“That sounds too good to be true, but let’s check it out anyways…”
Just know this: Yes, trading for a living is possible! How do I know this? This is something that I do. And I also know plenty of other people who do the exact same thing. I could immediately show you proof of that, but I won’t — not in this post. So for now, I ask you to trust me on this. If you’re wanting to try and apply tips and advice you’ve accumulated and start trying to trade for a living, you might want to look at trading options over at the likes of IronFX and other brokers.
Here’s an important thing you need to know: People have an idea of how traders who successfully “trade for a living” work and the kind of returns they make, but reality is often, very different.
For the longest time, I had a rigid idea of what trading for a living should look like and because of that I’ve been on the wrong path many (many) times, and I’ve struggled a lot before I arrived at where I am today. And I’m not the only one. Friends of mine had to learn lessons, like “is Coinspot safe” and how to identify trends like cryptocurrency and other investments to help them learn how to forge their own path.
So, allow me to share some important information with you and really clear some things up.
Imagine that I come to you and say, “hey, I make on average 20% return trading the U.S stock market every year.”
That’s a nice return, right? But, not impressive by any stretch of the imagination.
On the other hand, my friend Chris makes +250% return. Now, this is what you can call impressive! Many traders that I know have recently started using a stock portfolio management software & organizer solution to help them keep track of any gains, losses and income that they are making. It’s just an easier way to keep a record of their data. I might have to start using it myself.
Now, imagine that both of us are offering to show you how we trade. Chances are that you’ll probably think to yourself, “Well, Chris makes more, so he must have some special knowledge that Yvan doesn’t have; he must have more experience, so I’d rather learn from him.”
But is that true?
Well, let’s look into that…
What if I told you that Chris’s equity curve looks like this….and mine like this.
Furthermore, what if I told you that I have a systematic way of trading which leads me to trade only 2 hours a day (usually less but let’s say 2 hours), and for the research and planning, a maximum of 10 minutes, at best.
That’s a total of 2 hours and 10 minutes a day and around 11 hours a week.
Chris, on the other hand, is a discretionary trader. He uses his intuition to gauge market sentiment, and he relies heavily on chart patterns and esoteric analyses. He works 50+ hours a week – his spends on average 6 to 12 hours a day in front of his screens trading or watching his trades unfold, looking for opportunities, and he spends an additional 4-5 hours a day for research and planning for the next day.
Then if Chris runs a website like I do and has to answer emails, create content for his followers, etc., we’re possibly looking at an 80 hour week for him.
For me? Well, currently I spend 2 hours a day doing those things, and I am constantly optimizing things so that I spend less time doing them. So in total, I only work around 22 hours a week. Worst case, it’s 25 hours. But we’re still very far from Chris’ 80 hours.
“Interesting… go on”
Ok. What if I told you that I lead a much happier life than Chris? Of course, this is difficult to verify because of the subjective nature of this claim, but let’s say that there are some clearly visible signs that attest to this:
? I lead a peaceful life; I have a clear understanding of myself and my thoughts and emotions, while Chris is an emotional mess, a walking time bomb waiting to explode at any moment just because of the sheer amount of stress he’s exposed to on a continuous basis given his trading style (discretionary trading).
? I have time for my family and friends. Chris? Well, he doesn’t! He can’t even spend time with his 4-year-old. And whenever he spends time with her, his mind is with the markets.
? I’m 34 and I look like I could be maybe in my early 20s (really), while Chris looks much older than I do even though he’s younger than me… he always carries bags under his eyes. It must be those damn losses that keep him awake at night or those long hours he spends in front of his multiple screens.
? Chris lives in manhattan where life is crazy expensive. So even though he earns 5x- 10x more than me in absolute income, in relative income, I’m earning more than him since I live in a part of the world where life is cheap and good. I earn in dollars and I spend in that country’s currency which increases my quality of life.
….I could go on like that.
[Tweet “We need another way to measure happiness/success. In this age, money just doesn’t cut it anymore”]
Money has been forever the absolute measure of happiness even though individual experience points out otherwise. But, as you see, there is a way to trade for a living that really makes it exceptional. And it’s not about how much money you make in absolute terms, it’s about the personal freedom; it’s about the quality of life; it’s about time, energy, health, and the emotional capital that you preserve by doing so.
“Ok, ok… I’m sold…. show me your way!”
I will show you what a proper approach to trading for a living is in my upcoming course, The Trade for a living Course: Create a lucrative trading business, travel the world, and work for less than 20 hours a week.
Here’s what you’ll learn in there:
? I’ll reflect back at you some realities about trading for a living, and I will show you what’s the best way to go about this journey and maximize your chances of success.
? I’ll show you my stress-free trading strategies and how I manage my two trading accounts with the least amount of emotional resistance as possible.
? Trading for a living for me is ALL about emotional preservation. Nothing else! I’ll show you a simple way to help you cultivate mental stability day after day as you run your business.
? I’ll show you The dirty little secret of trading and how I earn a reliable source of income through content creation (blog, book, course….) on the side – which allows me to weather trading drawdowns that is an inevitable part of trading. This also helps in decreasing performance anxieties and allows me to trade to the best of my abilities. I’ll show you how you too can do that. It’s not rocket science.
? You’ll see how much I make from my trading business (screenshots) and I’ll share with you some important money management tips that have allowed me to travel the world for 2 consecutive years while trading and running my business.
? I will show you how to maximize your experience of trading and make this whole thing enjoyable and effortless.
I’m sharing my business template with you
I’ve read somewhere that about 80% of Americans dream of starting their own business. If you are part of that 80%, those ideas (and many others) that I will share with you, if applied, will start making you money right away. But as said earlier, it’s not really about the money; it’s about the personal freedom. I really believe that, because that’s what’s working for me. And I know for fact, that’s what’s working for a lot of people.
Maybe you don’t have a lot of experience in trading, maybe you do, maybe you’ve lost a ton of money, maybe you’ve made a ton of money… whatever your current situation, if you’ve been following me for a while and trust the quality of the content that I’ve been sharing with you so far, then this course is for you.
“But why are you doing this?”
First, again I run a business… I want to make a profit. But, I’m NEVER going to sacrifice my integrity for money. NEVER! I don’t want to sell you a bunch of dreams like what you see online 99.99% of the time, I want to sell you REALITY. Because I’m tired, I’m tired of the scammers, the frauds, taking advantage of people’s credulity and selling a bunch of fluff. In this course, you’re not going to get that. You’ll see how I run my business from A to Z so that you can replicate it if you want, or you can modify some aspects of it, take it in an entirely new direction… It’s your call, really.
The 2nd reason is that is that I genuinely want to see you succeed because I know how it is to struggle. It might sound cliche but it’s true. And I want to see you improve your life, make money, and thrive as a human being. I know that starting a trading business can be difficult, however, there are ways to make yourself more successful. One of the best pieces of advice I received was to use your local seo company to help you bring in more business and get your name out there. If you have a website online, you should be promoting that page and letting people see your services. That’s such a great way to start getting business. Of course, there are other ways too.
So that is it for now. More info soon.
And one last thing: students in the Trading Psychology Mastery Course will get a big discount for this new course upon its release.