Part-time job to supplement trading income

Discussion in 'Professional Trading' started by DTrade88, May 18, 2014.

  1. dealmaker

    dealmaker

    Instead of working at a bar/ nightclub and making limited $ why not try your hand in something like sales where you can earn a more substantial income...
     
    #11     May 20, 2014
  2. Why not set up a website teaching people how to trade? You don't have to show them your actual records so they don't know you are a beginner. Just sales skills needed, make it sound like you are an expert, take their money to bolster your own account.
     
    #12     May 20, 2014
  3. zdreg

    zdreg

    with your experience i am sure you are willing and able.
     
    #13     May 24, 2014
  4. xandman

    xandman

    Army reserves. Get away from the screens. Get some sun.

    If you deploy, just stash your trading account ( up to the maximum of your expected pay) for the whole year for a tax free 12%. Do demo trading and research from your Forward Operating Base to stay sharp.

    Serve your country. Hooah!
     
    #14     May 24, 2014
  5. Actually, not a bad advice at all, Xandman :)

    "And so, my fellow Americans: ask not what your country can do for you, ask what you can do for your country."
    John F. Kennedy
     
    #15     May 24, 2014
  6. Aileron

    Aileron

    This is something I've discussed publicly a bit in the past.

    A) You need side income. You really do. As you no doubt have experienced, you can be a profitable trader, but you do not use your portfolio or account for income. It's just not a good idea with a sub 2 million dollar account. You have the slightest bit of normal drawdown? You now have two separate things burning against your account. Your need for income, as well as the drawdown. I stress the need of learning income strategies, and contributing to income strategies. There is a difference between growing your account as a pile of money over time, and getting monthly income.

    B) Screw the common perception of what everyone else thinks a trader should be, or your own internal dialogue as to what a trader should be and income ... and get side income outside of trading. My wife works a part time job (she used to work full time), and we both contribute to an income strategy. We both still contribute to those income strategies, because heck, even income strategies can grow into incredible wealth over time.

    This is something Anton has talked about:

    https://www.youtube.com/watch?v=SK0FJfkWzyY

    https://www.youtube.com/watch?v=cytdsNK3zMQ

    https://www.youtube.com/watch?v=xllA122l4_o

    https://www.youtube.com/watch?v=DYCnxq_WEpI

    And I have talked about:

    https://www.youtube.com/watch?v=MukX2YqJjMw


    Get side income, of whatever sort. If you're trying to trade, and derive income from it sub 2 million? The math just doesn't work. If you have other income outside of trading it stops a considerable portion of the bleed to your portfolio.
     
    #16     May 25, 2014
  7. nursebee

    nursebee

    If a job (trading futures) does not pay enough money then one needs to search out another job.

    My values system would dictate getting a different job that payed more, not an additional job.

    Suggesting one set up a site to teach is nonsense. Who really wants to learn from someone that spends too much money and does not earn enough?
     
    #17     May 25, 2014
  8. Let's spread some love :)

    Let me give you a way to hit the jackpot without having to learn to trade,
    nor having the need of a "Daddy".

    Why don't you go this woman's path?
    <iframe width="640" height="390" src="//www.youtube.com/embed/-z6wrPjpNE8" frameborder="0" allowfullscreen></iframe>


    Obviously, you and your ilke would do well to start looking for the motherS whose
    sons are "collaterals", because it is never good Karma to have motherS crying for their
    dead sons. Karma ( not "human pettiness" but REAL karma ) always come:
    <iframe width="640" height="390" src="//www.youtube.com/embed/Nsd64zyTgAs" frameborder="0" allowfullscreen></iframe>
    Just in passing, apparently being petty and full of hate does not help lottery winning.

    PEACE and LOVE ( sex is great when true LOVE is there as well :) ) .
    <iframe width="640" height="390" src="//www.youtube.com/embed/GhBRHMamIlU" frameborder="0" allowfullscreen></iframe>
     
    #18     May 25, 2014
  9. My earning way is online surveys that don't waste my time with points/freebies and pay out cash instead.I use for it Earn Honey . You can also try it .
     
    #19     Jun 13, 2016