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Qullamaggie on Trading is Binary “Oh my god, I’m so exhausted right now. I literally want to go to sleep. Trading is so binary — you have weeks and months that are like watching paint dry, and then you have days and weeks where you need like two heads... show more

Lone

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22,123 görüntüleme • 1 ay önce •via X (Twitter)

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Alex Hormozi says a trader made $100,000,000 and still couldn’t sleep at night “If you’re so good at trading, why should I listen to you? Well, I have $100 million in verified earnings from trading. I said okay, then why are you selling courses instead of just making trades?” “He says, I want to impact people. I said no you don’t, dude. Tell me the truth, I can only help you if you tell me the truth” “Eventually he breaks, I couldn’t sleep. I lost weight. The stress, trading ruined my life. I couldn’t find anyone to date because I had to trade 24 hours a day. It ruined my health” “My dad died at 50, and I saw myself going down the same path” “That’s the truth. So your marketing should say, trading ruined my life and it’s also the only thing I’m good at. So if you want to make enough money to ruin your life, I can show you how I did it”

Alex Hormozi says a trader made $100,000,000 and still couldn’t sleep at night “If you’re so good at trading, why should I listen to you? Well, I have $100 million in verified earnings from trading. I said okay, then why are you selling courses instead of just making trades?” “He says, I want to impact people. I said no you don’t, dude. Tell me the truth, I can only help you if you tell me the truth” “Eventually he breaks, I couldn’t sleep. I lost weight. The stress, trading ruined my life. I couldn’t find anyone to date because I had to trade 24 hours a day. It ruined my health” “My dad died at 50, and I saw myself going down the same path” “That’s the truth. So your marketing should say, trading ruined my life and it’s also the only thing I’m good at. So if you want to make enough money to ruin your life, I can show you how I did it”

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Qullamaggie on His Friends That Started Trading With Him “Yeah, some of them. Some of them started up. You know some of them tried trading unsuccessfully. Two of my friends actually started trading; they traded for like a year, but yeah they didn’t have much success. They could have had success if they had stuck to it, but they got bored and they thought, you know, everyone thinks. You know, but it takes years and years and years, and that’s really the only difference between successful traders and unsuccessful traders. Because the successful ones don’t give up. They stick with it even if they blow up. They come back; they go back to trading. That’s what I did several times. I could just I could have just given up and you know finished my studies and gone to work. You know, worked at a regular job. And now I make as much money in a year that I would have made in a lifetime having a regular job. So dropping out of school was the best decision I’ve ever made. The funny thing is most of my friends don’t really know how much; how successful I am. Like they think I’m making like as much money as I would in a normal job.”

Qullamaggie on His Friends That Started Trading With Him “Yeah, some of them. Some of them started up. You know some of them tried trading unsuccessfully. Two of my friends actually started trading; they traded for like a year, but yeah they didn’t have much success. They could have had success if they had stuck to it, but they got bored and they thought, you know, everyone thinks. You know, but it takes years and years and years, and that’s really the only difference between successful traders and unsuccessful traders. Because the successful ones don’t give up. They stick with it even if they blow up. They come back; they go back to trading. That’s what I did several times. I could just I could have just given up and you know finished my studies and gone to work. You know, worked at a regular job. And now I make as much money in a year that I would have made in a lifetime having a regular job. So dropping out of school was the best decision I’ve ever made. The funny thing is most of my friends don’t really know how much; how successful I am. Like they think I’m making like as much money as I would in a normal job.”

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Qullamaggie on SMB Capital and Daytrading “Yeah, and I can tell you that the day trading is just most of the time a waste of time, like this SMB that prop firm. I mean, this was like a couple of years ago when I saw a video of their best trader who makes like 300k per year. And that’s a guy who’s been trading for like 20 years. If you’ve been trading for 20 years, you should make 300k a week, not per year. So, that’s another confirmation that day trading is just not gonna cut it if you want to make big money. You gotta swing and position trade.”

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Qullamaggie on Average Drawdown Size in Trading “Being in a drawdown is the normal. It’s not an anomaly—it’s just normal. Now the question is, how big of a drawdown are you gonna be in? Obviously, you should, like… I try to limit my drawdowns to ten to fifteen percent, but, uh, you know, sometimes they become more severe than that. I think I’ve had two thirty-percent drawdowns this year—twenty-five, thirty. So drawdowns, you know, it’s the nature of the game. If you wanna have big returns, you are gonna have drawdowns. Because if you don’t have drawdowns, it means you don’t take any risk. And if you don’t take any risk, you won’t have any returns. Most of my drawdowns is less than fifteen percent. Exactly—if you don’t have any drawdowns, if you have great returns, you don’t have any drawdowns, you’re made off.”

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Qullamaggie on Trading Coaches and Don’t Spend Time Solving Problems You Don’t Have “Is a trading coach a good idea? No, it’s a waste of time. Trading coach—who the hell is there such a thing? It’s all a waste of time guys, guys stop it. You don’t need a fucking trading psychologist. You don’t need a stupid fucking trading coach. Fuck off, no, guys stop it bullshit. No, your problems stem from not having a setup. That’s what your problems are. If you have discipline problems or this or that, it comes from you not having a setup. You don’t know how to implement a setup. You don’t know when to trade it and when not to trade it. That’s what your focus should be on, okay? Your focus should be on studying setups and owning a setup like, let’s say you have watched my streams for a while and you’re like oh, this breakout setup he keeps talking about a lot and recommending, maybe I should study this thing, maybe I should spend a couple of hundred hours going back looking at hundreds of stocks, go back a few decades and then you look for all of these variations of that setup, like you confirm it. Is this a real thing okay? And then you look at it, what should I do, where should I put my stop, what kind of exit rules should I have? Like I know Kristjan recommends a 10 and 20 but if I use maybe the exponential moving average, this and that, maybe I oh I think this works a bit better than what Kristjan recommends. Hey I’ll use this instead or hey I think the 10 and 20 work fine. And then you start looking at okay what type of market environments do most of these setups happen? When do these things break out and have the best follow through? I know Kristjan has been talking about trying to you know avoiding buying breakouts when the 10 days sloping lower, the 20 days sloping lower, and the 10 days below the 20 day. Most of the time when the 10 day if you look at the major index like Nasdaq when the 10 days sloping lower, the 20 days sloping lower and the 10 days below the 20 days most of that time you don’t get many setups and if you get them they usually fail. Hey okay so now I know what setup to trade, where to put my stop, where to exit, where to take profits, I know what kind of market environments to trade this setup. Hey look at that, I don’t need to pay that scammy trading coach or trading psychologist a bunch of money to help me solve issues I didn’t have to begin with. Look at that.”

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Qullamaggie on Taking Breaks From Trading, You’re Not Gonna Make It “And I don’t think these people who feel like they need breaks from trading because they had a few bad days — I don’t think they’ll ever make it. No, I really don’t. I think you know, if you need to take a break as soon as things get tough, you’re never gonna make it, because things get rough like all the time. Everything can be perfect and a few days later you know things are super rough. You just need to get your shit together and not act like a drama queen. It happens — get over it. And if it gets you more than one night’s sleep to get over it, you know, I think you’re just gonna have a hard time doing this consistently over the long term. That’s my personal opinion — I have no data on it, just my personal opinion.”

Qullamaggie on Taking Breaks From Trading, You’re Not Gonna Make It “And I don’t think these people who feel like they need breaks from trading because they had a few bad days — I don’t think they’ll ever make it. No, I really don’t. I think you know, if you need to take a break as soon as things get tough, you’re never gonna make it, because things get rough like all the time. Everything can be perfect and a few days later you know things are super rough. You just need to get your shit together and not act like a drama queen. It happens — get over it. And if it gets you more than one night’s sleep to get over it, you know, I think you’re just gonna have a hard time doing this consistently over the long term. That’s my personal opinion — I have no data on it, just my personal opinion.”

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Sophie Rain reveals she spent $30,710,000 in taxes last year. Sophie: "I pay a lot in taxes. I pay 37% of federal taxes and I made 83 million last year total. So I paid 37% of that." Graham: "And then what do you do with like $40 million left over?" Sophie: "I invest it. I'm in the process of getting three properties. I have two about to have a third in Florida and I invest it and as much as I can. I'm right now investing into my farm. I have cows that I take care of, that's my dream is I want to own like a cattle ranch. So, I have 12 cows right now that I'm working with on a 20 acres and that's what I do in my free time."

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here's how I made $30,000 trading memecoins in the past two weeks ✌️ I had some huge wins, and I had some huge losses I broke down everything that's been working for me recently, things I should've done differently, and what I know I can do to improve moving forward ⬇️

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Qullamaggie on The Smaller Your Trading Account, The More You Should Look for Smaller Moves and Compound “If I had a smaller account, I would be looking for smaller moves and making more trades and compounding that way. Like at this point, I’m a home run trader. I don’t care for pennies. I want the big trades, and they don’t come often—they don’t come around too often. So if you have a smaller account, you need to be more aggressive.”

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Minh explains why you should take a break from trading after a big win “If I’m up a boatload now, I take like six months off and I don’t play, that’s the key” “If you keep playing, you’ll lose. I wish that when I made $750,000 last year I stopped playing and didn’t try to get to $1,000,000. Went to Japan for 2 months, New York for another 2 months… that’s only what maybe $150,000? I would’ve saved like $600,000” “Sometimes doing stupid stuff that allows you to feed your dopamine and do really fun experiences and it may be expensive… that might save you a lot of money”

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I had about $30 left in my grocery budget, so I figured I’d show you exactly what I bought. The biggest money saver? I don’t start from zero. Before I ever go shopping, I look at what I already have in my freezer and pantry. Then I only buy what I actually need. This haul will make meals for the next two weeks. If you’d like me to break down exactly what I’m making with everything I bought, let me know and I’ll film Part 2! 💗

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#ROSÉ had a few sessions planned, possibly for new music? 👀 “And so, you know, in order to be inspired to write anything else, I’ve noticed I just need to take my time and breathe a bit. And as I say that, I think I have a session, like a few sessions planned this week. But I am curious. So, I will go in and then, you know, if the universe says not yet, then okay. But then if they say I’m ready, then amazing. So, it’s always like think I always just have to pray and see what happens. But don’t be too disappointed when if it’s not time yet.”

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Corinna Kopf reveals she went from being homeless and making $400 a week to making $3,000,000 in three weeks on ОnlyFаns "I moved out here as a nanny, I was making $400 a week. The next year after that I was staying on my friend's bosses couch. I had like $200 and I was like, I have to pay for my car payment and this is all I fcking have..." "I look back and I'm like WTF, I never in a million years imagined making more than like $100,000 a year." "I went from that to in 3 weeks making $3 million on ОnlyFаns. Makes absolutely no fcking sense in my mind. "

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