
Can You Afford Trading? - Part 2

What If I Can’t Afford To Trade?
What if I can’t afford to trade?
It’s no secret there are many people struggling financially right now.
The reality is, if your financial situation has suffered too much, the timing isn’t right to start trading.
A good measure is if you can spare $200-$300 per month in your budget, then you can likely become a trader.
Why is that?
90% of trading success is how we think.
How we think directly impacts how we act – ESPECIALLY in front of a trading chart.
So when the budget is too tight and you experience a loss in the market, the feeling you get with that is so strong you end up doing something called “Revenge Trading”.
Revenge Trading is when you get kind of a “tunnel vision” on the charts and just start clicking buttons with a hope and a prayer you’ll just get lucky.
At that point you’re no longer trading… you’re gambling.
Compare that with someone who has a reasonably healthy budget.
If they take a small loss, they’ll understand this is investing and be patient for the next potential move…
…Keeping a cool head the whole time.
Trading is NOT for everyone.
Feelings of desperation or depression can actually be detrimental to your trading journey.
My suggestion to those of you who cannot budget $200-$300 is to get creative to building a new income.
Ai can REALLY help you come up with ideas and solutions to get out of where you’re at.
If $200-$300 per month is reasonable for your budget –
– Time to start trading!!
There is NO better vehicle out there to get good income with minimal time.
Friday, for example, I made $1,300 in 50 mins.
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Zach Schuenke
CIO | Co-Founder
TraDeca | Prosperity Movement
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Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7
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