Ep 136: How Much Money Do You Need to Get Started in Trading Stocks | How Much Can You Make?
★ SUMMARY ★
In this video, you will learn how much money you need to get started in trading and how much can you make. Providing you some guidelines or process of how you can get started investing and trading in the stock market.
I will share with you how you can calculate the profit and growth potential based on a percentage basis or stock income and trading basis. If you are dedicated, you can learn how to adapt your living expenses to help you save and invest in stocks or the stock market.
Posted at: http://tradersfly.com/2017/05/ep-136-money-get-started/
Additional Videos:
http://tradersfly.com/2014/02/much-money-need-start-trading-living/
http://tradersfly.com/2016/06/ep-88-starting-point-growing-stock-trading-account/
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So basicaly if you live outside of USA/nordic countires say goodby to investment as there is not enough money flow to earn enough to get you started for real.
People like me who live on 800 bucks per month (average in my country) have no reasonable way of jumping into the game.
If anyone wants to chime into my investment fund thats currently sitting at 3k after 5 years of working and making sure not to waste any penny, get into contact with me.
Welldone very good one
Question, so in a common stock I should pull out as soon as I see my shares to where I would like it to be and sell it right? So I can keep the money and not lose it.
will you explain etoro? pls…!
Hello and thank you for sharing your knowledge, i have a question, how do you know when an stock is worth holding overnight ? Thanks
do you write on your Windows backwards?
I'm still with you Sasha.
I want to thank you first for your great videos.
I just wanna add that you might forget to talk about dividends into your growth calculations.
Great
It is laughable to calculate month on month trading gains on a fixed percentage basis. The real world does not work this way. Please don't mislead the public. Disappointed.
Sasha, as usual thanks for the great content… I really appreciate how simple you make things! So basically in order to make $$$ it takes at least $10k??
very passive practical explained!
Can you share the Excel file you used?
I love this. It plays nicely into the interview I listened to on the Invest Like a Boss pod while having breakfast at Farm Boy this morning. A lot of their talk was how to approach financial freedom. I took the approach of frugality while making a lot, and it was much easier for me to reach financial freedom that way.
My next step is to stay frugal and shift into several diversified passive income streams. I'm hoping that trading can work for me and that is why I watch your videos. My question after watching a bunch of your videos is, what % range does a decent trader make month to month?
For me, I currently spend around 2k/month living in Ottawa. I want to cut down to around 1,200 USD living in Chiang Mai. It would be amazing if I could cover those living expenses so that I don't touch my long term, balanced investment portfolio savings by trading. I would have to make approximately 2.2% on a $50k account to earn about 14k per year. Is this even realistic for me to engage in thinking about making a 2.2% return consistently? I really have no idea—it seems like you would need to be some sort of prodigy to do that…
Nice video, Thanks for your educational videos. 🙂