aliassmith wrote:Mr. Hyde wrote:LeMercenaire wrote:
Ouch...
This is what i love about Kreslik. Someone can post about a 20% trade and no one starts crying foul. Whenever i talk to any other traders and try to explain the type of gains that are possible it almost always falls on deaf ears. Awesome trade. Sucks missing it tho.
There is definitely training that goes into people's beliefs about what is possible. I kept telling a guy I know, its possible to make more than 10 -20% returns per year on your capital.
He didnt believe until I taught him how to make over 50% a year. Im talking real year over year trading/investing not this lucky crypto or meme stock trading.
I didnt think it was possible until I met a few people who could make 50% or more a month.
Doubling my account in a day is the best I've done. Previous to that it took at least a month.
I tell people its possible to make gains like that but not necessary to make a lot of money. If you can do 3% to 12% a month you can be rich.
Focus on ways to manage/reduce risk and protect your capital. That way you stay in the game.
Yes! Belief is huge in all areas of life, it pretty much reaches to what you do on a daily basis.
I spoke about this to my friends, one, doesn’t believe you can live off trading because he hasn’t “seen” anyone do it. Another one doesn’t believe you can make 1% per day or even 10% per month. Another one believes the game is rigged and you can’t win. My profile picture is Nicodemus and Jesus, my favorite story, and it deals with belief. “Truly, truly, I say to you, we speak of what we know, and bear witness to what we have seen, but you do not receive our testimony. If I have told you earthly things and you do not believe, how can you believe if I tell you heavenly things?”
Doubling your account in one day is “heavenly” for most “earthly” people lol
Your belief will shape your reality on what’s possible.