I'm putting my neck on the line today and I'm going to address a very serious issue.
If you've been trading for a while and you have a R10,000 trading balance, you're not going to get seriously rich!
I mean think about it…
If you aim to make 40% a year on your portfolio, then after 12 months of trading on the stock market you'll make a return of R4,000. Barely enough money to pay for one car service nowadays.
If you have a serious passion like I do, and you're in it for the big bucks, you need to listen up.
Because today I'm going to get you on the right path, to bank you some real money in 2015.
Let's go!
If you've been trading for a while and you have a R10,000 trading balance, you're not going to get seriously rich!
I mean think about it…
If you aim to make 40% a year on your portfolio, then after 12 months of trading on the stock market you'll make a return of R4,000. Barely enough money to pay for one car service nowadays.
If you have a serious passion like I do, and you're in it for the big bucks, you need to listen up.
Because today I'm going to get you on the right path, to bank you some real money in 2015.
Let's go!
Make sure you have these three crucial elements before you start banking the big buckaroos!
Before I continue, you need to have these three trading elements:
- A proven trading strategy
- A positive portfolio balance from successful trading. (So make sure you’re in the green)
- A track record of at least 20 trades tested and shown profitable.
Only then you can…
Risk more of your money without risking more on your portfolio for bigger profits!
It sounds confusing, but it will all make sense in a moment.
Basically, you need to take the next step and deposit more money into your trading account so you can make bigger profits for your financial future.
To put this into perspective, here’s an example.
Let’s say you have R10,000 that you saved over a six month period to trade with. And you only risk 2% per trade (R200).
After just two years of profitable trading, you should’ve saved enough money to deposit R40,000 where you’ll now risk R800 per trade!
And if you do the calculation right, you’ll see that you’re still just risking 2% of your portfolio.
So, going back to the subheading, you’re risking more money but not risking more on your portfolio… And this is the only way to bank bigger profits as no return comes without an element of risk.
Makes sense?
What if your portfolio is in the red and you’re flushing money away?
Well it’s simple.
Don’t even think about putting any more money into your trading, if you’re not seeing consistent gains.
What makes you think you’ll have any more luck making money just by putting more money into your trading account, with a losing strategy?
The first thing you need to do is work on getting your portfolio back in the green.
You can do this by going back to the drawing board and:
If you’re frustrated to this point because you don’t even have a profitable trading strategy to begin with, then click here and claim proven strategies that have banked me an income for YEARS!
Always remember,
“Wisdom yields Wealth” #Trading #stockmarket #JSE #TradingStrategy #Forex #FX #TradingTips
Basically, you need to take the next step and deposit more money into your trading account so you can make bigger profits for your financial future.
To put this into perspective, here’s an example.
Let’s say you have R10,000 that you saved over a six month period to trade with. And you only risk 2% per trade (R200).
After just two years of profitable trading, you should’ve saved enough money to deposit R40,000 where you’ll now risk R800 per trade!
And if you do the calculation right, you’ll see that you’re still just risking 2% of your portfolio.
So, going back to the subheading, you’re risking more money but not risking more on your portfolio… And this is the only way to bank bigger profits as no return comes without an element of risk.
Makes sense?
What if your portfolio is in the red and you’re flushing money away?
Well it’s simple.
Don’t even think about putting any more money into your trading, if you’re not seeing consistent gains.
What makes you think you’ll have any more luck making money just by putting more money into your trading account, with a losing strategy?
The first thing you need to do is work on getting your portfolio back in the green.
You can do this by going back to the drawing board and:
- Finding a trading strategy that’s shown to be profitable year after year.
- Going back to paper trading where you can practice and grow your paper account first.
- Making sure you watch TradingTips TV every week to improve your trading skills and strategies..
If you’re frustrated to this point because you don’t even have a profitable trading strategy to begin with, then click here and claim proven strategies that have banked me an income for YEARS!
Always remember,
“Wisdom yields Wealth” #Trading #stockmarket #JSE #TradingStrategy #Forex #FX #TradingTips
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