How to Supplement your Income by trading stocks
- Find a System that has a proven track record over time.
- Follow the Guru or Trainer exactly for at least six months before you even think of doing anything yourself. Almost all mature systems work as long as you do not allow human nature to overcome your sensibilities. Just follow the system exactly.
- Find a System that includes ongoing training for a long while after you join it. Augment that training with additional training to fill in any personal holes in your knowledge but just remember, most advisory services do not require much pre-learning. They feed you the essentials but you must learn it all before even considering modifying the rules.
- Learn Continuously while following the System.
- Find systems that do not need you to be around all day to close out a trade or that allow flexibility in closing things out. All systems actually teach you how to do this. This is so that you can start even while continuing to work.
Each System will teach you additional System Specific Rules, but don’t worry about those until you get to them. The system will explain theirs in detail. This website has a wealth of options for you to consider so be sure to explore. You may want to consider enrolling in the FREE Wealth Building Way Academy which provides much more learning than we can give you inside the site, and includes well over 100 training videos on many subjects. Its free to our readers, Find it Here. This training should help you figure out what the right solution will be for you to achieve your goals.
How to Make a Living by trading stocks using our Suggested Strategy
To make a living trading stocks you must come to terms in that you most likely are not going to get there in just a month or two unless you already have experience and a big cash reserve. This is not day trading and this is not gambling, this is very careful systematic following of proven methodologies that does require a little discipline. Almost all programs allow you to start with very small accounts. But to be sure after a short while you will be taking regular weekly income out of any of these systems. Most people try to reinvest everything they can so that they can make faster progress down the line.
You would be living off of this in a month or three months, but as you learn the math in the trainings you will see how certain compounding rules result in bigger paydays down the road.
They do not teach any of this in school. There is no one doing this that learned this in college. The only people doing this are people like you who have decided to take their own financial future into their own hands and control and they have learned. They learned exactly this way and no one every said there is not work. There might be minimal work, there might be a few hard concepts to master along the way. Every System and Trainer know this and they record the trainings so that you can watch over and over until you master them, But then all the advisories give you everything anyway.
Get the Wealth Building Way Academy for free and then simply select any of the many systems available that meet your needs. Just remember that if you do nothing, then nothing changes your situation. Only Action leads to changes and results. Only results matter.