Since 14 months my monthly salary represents 6 figs.
-I don't own any watches
-I don't drive any lambo, ferrari (I drive a 15K$ car)
-I don't wear hermes, dior, louis vuitton. Zara and Pull and bear are enough.
-I take vacations around 3 times/year only
I do have enough money to buy all of the above...
BUT, here's my take :
1 - The money I earn in trading MUST be used for interesting investments. The ones who provide more and more money income monthly/yearly. Ex : Real estate, Stocks. These ones must be well studied ofc.
2 - The money I earn is to help my family. The money I earn is used to ensure a future to my kid.
3 - The least responsible way to waste your money (if you're not yet 100% safe for the rest of your life) is to spend it on brands, cars, or anything that its value go lower and lower.
If you're a successful young trader - this is for you. Don't ignore these advices.
I'm definitely aware that 2024-2025 were crazy years to me, remember that it can change. Especially if this is your first cycle...
That means as soon as you managed to earn a lot of money, make sure you use it the right way.
F*CK this artificial world where luxuary brands are the ultime goal for people. All these "pleasures" are temporary.
Latuche, your quant