Introduces financial runway concept: savings outside trading account to cover living expenses.

What's the number? What I call your monthly night? What does it cost you to live your life every month? This is going to be different for everybody. If you're younger your monthly night might be pretty low. Maybe you live at home, you don't have to pay rent. If you're older and you have dependence it's going to be completely different. So rent, mortgage payment, car payment, groceries you're going to tally all of that up. What do you need every month to live your life? And you're going to take that number and you're going to times it by 12 for 12 months meaning one full year of living expenses. Some people might say you only need six months to me that's a little thin. Anything less than that I think is not going to work because you're immediately going to start feeling the pressure if you have a bad trading month and you only have three months of living expenses saved up.