What kind of approach can make you INSANELY rich?

Priceless, especially for the millennials, the 20/30 just starting out. But as I said in a prior post on this thread:

 

came across this quote today..

"If thou select one of thy baskets and put into it each morning ten eggs and take out from it each evening nine eggs, what will eventually happen?"

 

You'll be very rich very soon.
10%/day adds up quick.

 

I didn't read the entire thread, so this may have already been brought up. I'm a believer in consistent income when it comes to daytrading. But when it comes to big money, I believe the occasional huge winner will make you rich. And you never know which trade is going to run and run and run. And that also means adding to winners which is extremely difficult for some people.

 

Accumulation of 1 egg per day, no compounding effects.

 

After some time (approx 4 weeks) you will start to throw away bad eggs on a daily basis.

 

it was from 'The Richest Man in Babylon'. The first lesson was to save 10%.. not spend everything.. and I think the compounding came later at the Make Thy Gold Multiply

 

Haha.. true.. better quick start trading them for something else..

 

Just aim for your comment about a "decent income" whatever that means to you as a retail day trader or a trader at a financial institution.

 

I think it is a private company...