survive as long as uh can YOU NEED MONEY TO MAKE MONEY Sorry to burst your bubble, but you need money to make money in this business. Here’s why. Let’s say you make an average of 20%/year. • On a $1,000 account, you’ll make 200/year. • On a $100,000 account, you’ll make $20,000/year. • On a 1M account, you’ll make $200,000/year. Now, you might think that 20% a year is too low and that you can make 100% a year. Sure, that’s possible by taking huge risks. But I’m talking about making consistent returns, not “gobig-or-go-home” kinds of returns. Don’t believe me? Then ask yourself, why do hedge funds raise millions (or even billions) of dollars? Why don’t they just trade their own money without having anyone to answer to? It’s because they want you to be rich and make this world a better place
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.