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

Quitting job led to failure and moving back to dad's basement; need large account for lifestyle.

From Lost It All in One Trade. Made Millions Back | Ft. Ponzi Trader · jumps to 38:08 · speech

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And within months, I was back in my dad's basement and reapplying at new jobs. Because I learned very quickly one, I wasn't actually that good at trading. And two, I didn't have nearly enough money in my trading account to even fund my lifestyle. I think people don't realize it's like, you know, if even if your monthly expenses are, you know, your run rate is not that much. It's 5k, 10k a month. You actually need to have a pretty big trading account to be able to comfortably have money coming out every month to cover your needs, your monthly expenses, your monthly burn, and still be able to compound your account. And have the money when you need it to take those risks.
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