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Sun, Jun 30, 2024 02:58 PM
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Happy Sunday! Yesterday, I went to my favorite brewery, and somebody asked me how I got started with
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Happy Sunday! Yesterday, I went to my favorite brewery, and somebody asked me how I got started with trading. Well, here's the story: When I grew up, I followed all the rules: good grades in school, college degree, corporate job with IBM. At first, things were great: My hard work paid off quickly, and in no time at all, I'd risen to new heights within their organization. The money came pouring in - more than enough for me to live comfortably - and my coworkers praised me for my dedication and ambition. I had it all: The house, the car,
the fancy office with a view... I was living what I thought would be my ideal life - except for one thing: I wasn't happy. Sure, there were moments of joy - like when I landed that next promotion or closed that important deal - but overall, something felt... off. Every day felt like a chore, like spinning my wheels and yet not getting anywhere. But still, I kept playing by their rules; no matter how much it drained me inside or how little satisfaction it brought me in return... ... because I hoped that one day, it would get better. One day, I wouldn't have to work so hard anymore. One day, I would have more time. But it seemed that day would never come... I remember the day when everything changed for me. As I sat there in the dark, staring out of the hotel window at a city that was supposed to be home for the next few weeks during a work project, my heart suddenly felt heavy. All of these years, I'd been doing exactly what everyone had said was right - working hard on a corporate job and climb the corporate ladder - but where had it gotten me? Because at home, my friends celebrated a birthday. And they didn't even invite me! Because whenever they did, I always said: "I'm too busy." My chest tightened as I felt a wave of loneliness wash over me. For the first time, I questioned why I was so dedicated to my job and if it was really worth it. So I made a drastic decision: I left my job at IBM and moved from Munich, Germany to Austin, Texas with the goal of becoming a professional trader. The moment I hit the âsubmitâ button and sent my resignation e-mail to IBM, a wave of both excitement and trepidation washed over me. It wasnât easy leaving behind the safety of my job in Munich, but I knew that this was what I had to do if I wanted to take my life back and make my dreams come true. So there I was in Americaâa new country full of possibilities but also risksâwith $30,000 in my pocket: $10,000 for living expenses and $20,000 into my trading account hoping to turn it into millionsâ¦or so I thought! It turns out trading isn't as easy as they say: within months, due to inexperience combined with bad luck (and maybe even some careless trades), what started off as $20k quickly dwindled down into just $8,000. I started to panic: What had gone wrong? Why couldn't I figure it out? Was this really going to be impossible after all?! But then I finally "got it". I used to believe the hype. That trading was all about making huge, life-changing profits in a matter of days or weeks. I watched videos of traders who made 286% in 3 days and turning a $500 account into 100,000 in less than a year - it seemed too good to be true. I realized I was chasing unicorns. And then something changed inside me. I realized that maybe this kind of thinking wasn't sustainable, that chasing after quick "windfall" profits is often a fool's errand and can lead you down some dangerous paths if you're not careful. So instead, I decided to focus on what I call "SRC Profits": Systematic, Repeatable, and Consistent Profits. It was going slow at first as every gain seemed insignificant compared to the ones promised by all those get-rich-quick schemes out there. But soon enough, my patience began paying off as little by little my account balance started increasing. And like a snowball,
it started gaining momentum. But the best: Thanks to this new approach, the risk per trade has decreased significantly, and trading has become less stressful and more rewarding than ever before! My trading is now systematic, predictable - and almost âboringâ. And trust me: When it comes to making money in the markets, boring is good! If you want excitement, go to Las Vegas and gamble. But thatâs not me: I donât gamble. I grow my account - systematically and consistently. And life is good! Talk soon, - Markus If you no longer wish to receive these emails you may [unsubscribe](
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