T H R E A D - Perspective in Trading

Often times it’s hard to put things into perspective as a trader because of the grandiose gains seen online & even experienced by novice/ intermediate traders. I often see things like “I only made $1,000 today” - Let’s talk about that.

Though we can sometimes be blinded by the illusion of massive profits - a fine tuning of perspective is required. “Just $1,000” - That is the average persons salary in 2 weeks. Remember to make it, you clicked a few buttons.

It likely did not take you 80 hours of research which is what people work in those 2 weeks (& if did take you that long we need to have a whole other discussion on what’s important lol). There are (approx) 253 trading days a year, making that $1,000 even 50 out of those 253 = 50K

That means that doing exactly that just under 20% of the time during the trading year means you netted an average salary without having to work anywhere close to the standard minimum working year of 2,080 hours. THAT is putting this in to perspective.

Now $1,000 figure is just an example, not everyone is trading full time.

Slow and steady wins the race here, it’s about consistency and gains.

Think of this like your side hustle and set goals, even if you are working full time, set realistic goals & try hit them constantly.

You may have seen this before but see it again until it sinks in, because as humans we often forget.

$50 a day = $12,650 a year
$100 a day = $25,300
$200 a day = $50,600
$500 a day = $126,500

Stop rushing. You will get there.

As the account grows, so will your appetite for reward & risk, the pile slowly goes up, and at each new level you get to choose how you play around with more & compound your gains. Financial Management is as important as the profit on the trade itself.