❔AMA
Question: If you're so rich, why do you still want to sell mentorship/course/copy trading services?
Answer: If I'm rich, I won't sell all these. I'm pretty comfortable with my day job income and side hustle. So even without all these services, it really don't impact my life at all. I'll address the services one by one here.
Copy trading is simply just leveraging on my own account's trades and the system will copy these trades into my subscribers account automatically. There is no additional work here from me.
Courses are the notes that I've created over the past few years which helped me in my growth in trading. They are quite comprehensive and these are technical knowledge and concepts that works for me because I acted on them. There are plenty of courses out in the market which you can buy and learn from. If you took action, you can probably learn as much. You really don't have to get from me.
Mentorship is not available to everyone, which is why I have a screening process. Time is a priceless currency and I only coach people who are serious in trading since I will have 1-1 calls with mentees every week. It's expensive because I'm not bulk selling a course where you buy my course, trade according to my strategy, then you get rich. I use science-backed system used in personal development and productivity strategies to help mentee with their trading, as well as psychology and life.
Sales proceeds will be channeled into my trading account and when I'm successful in my trading career where I can trade solely for a living, I will consider halting my copy trading and mentorship services and giving my course out for free.
Question: Why did you go into trading?
Answer: I always believe that the "easy money" lies in the financial market. It's easy that it's hard. You need to spend a few months or even years to get profitable. There are a lot of factors aside from your technical skills. You have to train your psychology and risk management. Both of these are very hard to train and strengthen as they go against our very human nature of instant gratification and greed. I also believe in high leverage skillset such as trading. This means that through trading, I can get a lot of returns on my time. Not saying that other skillsets are of less leverage, but trading is a skill that resonates with me. A 2% gain on a $2,000 account is only $40, which seems very small. However, when you look at a $200,000 account, this gain is equivalent to $4,000 which is life-changing. Nothing changed from this. I will take the same trade, same setup and using the same risk management approach. This is the leverage that gives me a tremendous return on my time.
Question: How good are you?
Answer: I don't say I'm very very very good, but I’ve passed plenty of proprietary trading firm’s challenges here which require me to follow and hit a defined profit target within a period of time. I've also withdrawn profits from FTMO here. I'd say I'm better than an average trader right now.
My backtest results have a . My strategy has a with , risking 1%. Trading 24 hours for 5 days a week, the backtest results have netted me a return of 247.99% from 2021 to 2022.
Question: Why engage in high risk financial activity?
Answer: High risk is subjective. Some people view the stock market to be a "lower risk" by investing into good companies. However, you have to keep in mind that trading and investing are similar but not of the same activity. Trading is more of taking advantage of short term moves, while investing is taking the approach of buy and hold for many years. Trading can be less risky compared to investing in certain cases where investors buy and hold a company they believe in, holding through drawdowns of 40% - 50%. In trading, at least for me, each trade cost me only 1% of my account balance. If I'm wrong, then I'm wrong. Trading is about capital preservation which can be "less risky" in my opinion compared to investing. Of course, you must know what you're doing. If you don't want to spend your time looking at the charts and back-testing, you can buy good companies or even DCA into the S&P500. Say you can afford to invest only $500 a month, if you invest this $500 into upgrading your skills, you have the potential to grow this $500 so much more. Trading is not for everyone. However, if you want to take action and expedite your trading skills, I have a mentorship here. There's a screening process and I won't take in everyone that are interested.
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