%% Thanks for your post; but markets are not a coin flip, or random. Ever tossed a coin or a silver coin? Much different from a coin flip. My comments are not limited to daytrading or coins or 5 minute charts. Good thing for me i invested + traded some of my time with Dave ramsey for decades. I've done my share of dumb stuff2; i accidently put a silver quarter in WMT cash machine/good thing it flipped it right back out
This year has been good to me in many ways. The bull market has significantly helped my ETF holdings. The state of the economy has meant my trades business has shrunk for the first time in its 5 years. Profit wise, I'm down around 23k year on year (from 113 to 90k) for the last half of the year, which is usually my busy time. With an injured knee, the aforementioned slowing business, and length of time I've done this now, I'm now burning out. The excitement of massive yearly growth is gone. I'm increasingly sick of dealing with all the people who waste my time, who I have to sue to get paid, people who play games, who complain. I'm just sick of it all. I'm looking to exit this business. In the near future I will be either seeking to automate things with decreased profit and position it for sale or leave it automated but with less profit. My goal for 2025 is to start a new business, one which is more intellectual and involves zero physical labor. I've learned a lot of hands on skills these last 5 years and doing "manly" things and it's great knowing I'm capable of that now but I'm burnt out of all the stupid people, the shitty weather, and injuries. This new business will involve doing something I've never done before: cold calls. It should be interesting. I've already made a few calls to test the waters a few days ago and boy was I nervous. It's funny because I talk to new people all the time for my trades business and my first business so I'm not new to sales but I guess it's a new thing so I felt nervous. If I can get this business going, I can replace any diminished income from automating the trades business, and then I can consider maybe semi retiring because this one is very hands off once the clients are in place. That's all. See you guys in the future. Happy new year.
everything I’ve ever started, worked in, raised money on has involved a cold call. I used to make 300 to 400 a day to get 10 qualified leads to open 2-3 solid accounts. If you can’t deal with rejection it’s gonna be tough. It’s a numbers game so don’t take it personal. Box them in with two to three yeses and then close, when you close STFU, even if you hear crickets STFU. Good luck