I engage in stock market trading as an additional source of income, focusing primarily on the Stock Option Market. It's important to recognize that this isn't a "get rich quick" scheme, although it can help cover some expenses. The key is to find a reputable trading group that charges a monthly fee, typically between $50 and $100. By following the guidance of experienced mentors within these groups, you can often recoup your investment and earn a profit each month.
Trading requires a long-term commitment and dedication to learning. For me, success in trading means earning enough to pay my monthly bills. It's a given that losses will occur—it's an inevitable part of trading. The objective is to manage your risk effectively so that losses don't overshadow your gains.
I aim for modest, consistent profits, targeting around 5% gains daily. While some traders might aim for 50% daily gains, I find that aiming for a steady 5% daily increase, at least four days a week, is more sustainable and realistic over the long term. This approach can outperform a traditional savings account that grows at 5% annually.
For those interested in learning how to trade and finding a trustworthy group, there are several options available…
If you are in the TSU bootcamp (formerly known as the Computer Science Bootcamp) click the button below
If you are not in the bootcamp, here’s a trading group that I learned from, click below
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