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All moments › Lost It All in One Trade. Made Millions Back | Ft. Ponzi Trader

Study markets 12 hours daily, not trade; keep day job to enable risk-taking and compounding.

From Lost It All in One Trade. Made Millions Back | Ft. Ponzi Trader · jumps to 37:24 · speech

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You don't need to spend 12 hours a day trading. That's not how it works. You need to spend 12 hours a day studying and understanding how markets operate and how to calculate risk reward, how to recognize patterns. But actually executing is not what people envision trading to be. Keep the day job, keep the rental properties, keep the info selling, whatever it is to generate more income. Because it will only make you a better trader if you can allow some of these things to run the way they do. And that's also the case for investing. Yeah, I did the exact same thing. When I first started to think I knew what I was doing, I immediately quit my job.
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