In this video, Shay, aka the Humbled Trader shares her opinion on the different options available to someone looking to make $1,000,000. She advises on whether day trading or starting a business is the right option for you.
No matter whether you're a first-time entrepreneur, day trader, or a seasoned businessperson, this video is a must-watch! It will give you the information you need to make the best decision for your future.
No matter whether you're a first-time entrepreneur, day trader, or a seasoned businessperson, this video is a must-watch! It will give you the information you need to make the best decision for your future.
What's your opinion on day trading versus starting a business? I Think Listen, if even if you're the best day trader on Earth and you start with $1,000 you can't turn $11,000 into a million dollar within 3 years just day trading whereas you can take $11,000 and turn that into a million dollars with a business, you as a person is the best income generating asset that you will ever have, So focus on you. Uh, that is very not true. I Personally have started my trading account from $3,000 Yes, I did blow up $2,000 $3,000 before then. but it's very possible for someone who knows how to trade slowly to grow that account within 3 years from a th to million.
I'm not saying it's easy, but I know traders who have done that and that's similar to him saying to turn $1,000 into a million dollars with a business it's possible. but it's also not easy. So it's unfair to compare da trading versus starting a business. They both have inherently a lot of risk.
You are such a inspiration. I pretty hot one
Well, everything is possible. It's not probable eveyfor the best traders.
Bruh. Ive seen traders turn 100usd to 1000usd in minutes. But can they turn 1000usd to 1millionusd in 3 years, absolutely f yes. But i mean, would broker pay them? Becoz literally traders wont cash out a million. They just cash thousands for daily/weekly use.
98% traders loose their capital
99.8% bust starting. Expensive lessons but neccessary to learn it. Paper trade newbies.
Keep quiet….. Have you turned $1000 to a million dollars?
I haven't met any successful trader that got there without reasonable Capital.
If someone tells me they turned 1 dollar to 50k I won’t even doubt them , trading has no limitations absolutely no limitations.
Worst Iman clip I’ve ever seen.. I thought he was smarter than that.
❤ your the best Shay!
Did 500 to 40k 6 months so it’s possible but it would take some luck or you see something before anyone else does in the markets.
From today Henceforth I have become his hater 😂😂
I did 10x in 4 week, in 3 years is very easy but to do 1000 to 1000000 we can also do it Even before that but it also give you lot of headache
1,000 to 1m in 3 years is 21.15% per month…. who can do that consistently for 36 consecutive months…
❤
To go from 1K to 1M in 3 years trading you would need to gain 0.89% on average on every day of those 3 years. Good luck with that.
I rather day trade..i can do it from my house with no overhead.. Or product
I mean you kinda proved his point. He said it's impossible starting with 1000 to grow to 1M in 3 years. Then you said you started with 3000 and blew up 2000 and 3000 before then. So technically you proved his point.
Now I'm not saying that it's impossible to go from 1000 to 1M day trading in 3 years but I bet it'll be way harder than starting a business with 1000 and turning it to 1M.
There’s a lot more to this. Depends on so many factors. If you have expertise in a sector/domain then its completely worth starting a business instead of DT
The key point here to note is “someone who already knows how to trade”. As a beginner, learn first, pay some tuition to the market, with time and experience it is possible.
They trade all in and all on one or two. They sell after a run, no holding long on the flat areas. And charting better be right 75%. not 50% like the teachers say. A monkey throwing darts or a kid with spitballs through a straw is going to be 50%.
Should I stay or should I go…….if I sell it will be trouble……..if I hold it may go double.
No matter what its all a risk. If you know what you are doing and can manage risk it can be done. I know several people who have done it trading and one who took 1k to over 1 million in less then 1 year. Also have known others to lose their money starting a business. Lots of ways to make money also lots of ways to lose money.
She sells courses on day trading that’s her business
Trading Futures if you have a strategy that works more then losing, will certainly make more money than a start up company like Amazon FBA.
Not hard to turn 50 dollars into 100/150 to begin with in 20 mins if the market structure is there
i realy think it is very hard to make it to a million dollars, it is like making 21% profit per month for 3 years to reach 955k account.
I really want you to share how much percentage you are making per month. High skilled traders aim to make between 3%~6% per month, and you can have losing months, so 21% for 3 years compounded is out of this world, i really want to know who does that?
The idea of generating 1000x returns in 3 years in both the cases is vague..
Not impossible but its just Big talk
I agree with you 🙂
I agree with her 🎉🎉
Someone I know turned 30k into 2.5 million trading, although after gaining so much experience and many losses. The moment it clicked for him was when he realized the problem was his psychology during trading.
Drake said a wise man once said nothing at all, he's problem is he talks too much and his wisdom is slowly turning to foolishness
It is super hard even if you are a great trader. Even under 500. You can't buy enough shares often to make a great return. It is a marathon.