Stock Market Training
Stock Market Training. In this video I wanna talk about probably one of the main questions I get, and it revolves around money. How much money do I need to start trading? What’s a minimum amount you would think I would need to get started? Is this enough? I wanna do this, should I have that amount of money? All sorts of questions that revolve around, at its simplest form, how much money do I need to Stock Market Training worth my time? And I don’t know, but I do have a guide and a way to look at things that kinda puts things into perspective and will let you answer that question. ‘Cause at the end of the day it all boils down to what are your goals, what are you trying to accomplish, what’s your standard of living.
Some people need to drive a super fancy car, others are perfectly fine with a bicycle. So there’s lots of things that go into the formation of how much money you need, but a very easy and very simplistic way to look at it is what I wanna illustrate here. So let’s first just say that, for example’s sake, that you have a goal and your goal is $100 a day. Now, I’m not saying that’s a good goal, a bad goal. This is just totally random but your goal is $100 a day. In fact, click on the annotation that’s up on the screen right now, that’s a quick tip video I did about why trading goals are actually pretty risky. So check that out, but for example’s sake, let’s just say you wanna make $100 a day. So let’s look at a few different amounts. So let’s say that you’re wondering, you know, I got $100. Is $100 enough enough for trading with that goal? Well, in order to get you to your result…
Which is what? $100. You know, what sort of percentages are you gonna need? Well, to make $100 using $100 you need to what? You need to double your money. Or in other words, you need 100% gain. So hopefully right then and there you’re thinking, well, you know, if I wanna make $100 a day and I only have $100, I’m gonna have to be basically the best Stock Market Training ever known to mankind if I’m gonna go and get 100% gains every single day. So right there, you know, using $100 and needing 100% to make $100, you know, probably you’re seeing the problem with that. But let’s say, you know what, I got $1,000. And again, you want to try to make $100. So the question becomes what percentage do I need to make on this $1,000 in order to make $100? Well, in this case, now you only need 10%. So by having a higher amount you need less percent in order to make that same amount. So okay, but still, you know, $100 a day using 1,000. You know, 10%? Well, I’m not gonna call this impossible. It’s certainly much more realistic than this option up here at 100%. I mean, that just is, I’m gonna use the word, that’s impossible, nobody’s gonna make 100% every single day.
But 10%, okay, that’s a little bit more realistic. What happens if you’re sitting there saying, you know, I have $10,000? And again, we want the end result to be 100. Well in this case, you need to make 1% per day to make $100. Now to me, this is very realistic. But the key thing here is what? The amount. So everything is dictated by the amount and then how much you wanna get. It’s much easier to make $100 using 10,000 than it is $100, and the reason for that is it all boils down to the percents here. To make $100 using $100, you need 100%. To make $100 using $10,000, you need 1%. Now am I saying that you have to have 1,000 or have to have 10,000? I’m not saying that at all. All I’m saying is that your expectations need to meet reality. And this is the reality of the situation. Don’t have $100 and say you know what, I’m gonna have $100 and I’m gonna be making $500 a week. Well, $500 a week, that means you need to at least be getting on average 100% per day.
Stock Market Training -$100 today
So use this math, keep this math in mind for when you put together your goals. When you put together how much money do I need. Now, again, $100 today? Maybe you’re looking at this and you have 1,000. You’re saying well, you know, 10% a day. Maybe it shouldn’t be $100 a day. Maybe it should be $100 per week, or something else. So it’s up to you to determine what may make sense. But I would say that $100 is just too little. My personal opinion is at least $500. There’s different avenues out there, you know, options, You can use less money. Stocks you usually need a little bit more. Then there’s Forex and other things. But the point being you need to think about in terms in how much percent do I need to make $100? Ask yourself, judge things on this. How much do I need to make $100? What percent do I need? And that’s gonna tell you what you need.
So if you’re using $200, well, you know, you still would need 50% return to get that $100. So that’s still pretty rough. But look at it like this. For every $100 you have, it gets that much easier to make $100. That’s the best way I kinda can look at it. Again, I’ll repeat it. For every $100 you have, so the more $100 you have, it becomes easier to make $100. So keep this in mind. As you try to figure out, you know, well how much do I need? Well, it all boils down to these questions. Look at the math here. Think about the percentages and just ask yourself, well, what percentage would I need to make $100? And that’ll kinda put you on the path to where you wanna be. If you like this video I want you to do a couple things. First, click the like button down below if you’re watching this on YouTube. If you’re watching it on my site, claytrader.com, please click the share button up above. And then regardless of where you’re watching it, please leave comments, questions, below. If there’s something that you’re unclear of ask about it down in the comments.
I’d be happy to try to clear it up. And I just like to hear from people and I do my best to interact in a timely fashion. So thanks for watching. Get out there and trade without emotion..Stock Market Training -to make $100
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