Margastasian 📉📈
11.5K posts

Margastasian 📉📈
@johnunu10
Trading is not for everyone, only a few can master it. Learning myself and trading the markets since 2018. 📉XAU📈
Earth Katılım Eylül 2018
4.9K Takip Edilen1.9K Takipçiler

I used to know a guy back in the day who was a really skilled day trader.
He’d been trading for a few years, became profitable and wanted to go full-time in trading.
The only problem was:
• He had a $50k trading account
• His living expenses were $2k/month
This meant that he’d have to gain 4% each month just to cover his living expenses - and with paying taxes it was realistically 6-7%.
So he needed a 6-7% gain each month just to cover his expenses.
Not to get rich.
Not to grow his account.
Just to pay rent, food and basic bills.
With NO margin for errors allowed.
And the thing is - he had actually been averaging 6-7% a month for the previous few months - so he thought it was all good.
So he quit his job and started trading full-time.
• Month 1 → +8%
• Month 2 → +6.7%
• Month 3 → -4.6%
Just like that, after one bad month he was scrambling trying to pay his bills and asking friends and family for loans.
Trading full-time is a different game.
The pressure is much higher - since every trade you lose might mean not being able to pay a bill that month, or buy food.
That’s why you should never start trading full-time if you’re undercapitalised.
Personally, I think your monthly living expenses should be 1% of your capital.
So if you spend $5k/month - your personal OR prop firm capital should be $500k minimum.
This means all you need is 1% a month to pay for your bills - and anything over that you can save and re-invest.
Don’t make the mistake of going full-time in trading before you’re ready.
Please build your capital first.
It might take longer, but it will also save you so much stress and pain in the long run.
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HONK.
After a very civil and completely voluntary discussion with the devs, this account is mine now.
Campaign: Goose Overlord is now live!
Yes. I run this now.
Yes. This is better for everyone.
Like. Comment. Show loyalty.
I will randomly reward obedient wanderers with a $50 Steam gift card.
Do not thank me.
It is I who allow you to be rewarded. Honk.

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@WhereWindsMeet_ #WhereWindsMeetNewYear
May all beings have peace on their journey called life
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Fireworks light the Jianghu. Wishes greet the New Year.
On New Year's Eve, a grand fireworks celebration will light up Revelry Hall in Kaifeng.
Join the moment by using #WhereWindsMeetNewYear, or leave your wish in the comments.
Whether you yearn for a new Jianghu adventure, hope for a fateful meeting, or simply wish for peace and well-being in the year ahead.
If your wish is selected, it will rise with the Revelry Hall fireworks, blooming across the sky as a memory unique to this Jianghu.
#WhereWindsMeet #WhereWindsMeetNewYear

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@Jay_ssmt @Blaze_zxcc Reversals or continuations, have to keep it simple, thank you for this post 🙏🏻
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@WhereWindsMeet_ Global Mobile Launch means that it will be available on iOS too? Seen on Apple Store that the game will be available on 31.12
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@priest__og @Hunter_Fx1 @BlueGuardiancom @BaintzCEO @ItsDollarDaddy @Starter_Legacy @AU79executioner @OnlyLuso Lets do it
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@Hunter_Fx1 @BlueGuardiancom @BaintzCEO @ItsDollarDaddy @Starter_Legacy @AU79executioner @johnunu10 @OnlyLuso
Funded before December
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@TradeZella Love this word "clean", when you clean your life and also clean your trading, amazing things happen
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