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Why Trading Is The Best Business - YouTube
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In my experience, there are only
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three ways to become a
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multimillionaire.
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Number one, trading stocks
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and options. Number two, investing
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in real estate. Number three,
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running a successful business.
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Personally, I am doing
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all three and trading stocks
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and options is my personal favorite.
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Now, in this video,
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I will reveal why trading
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is the best business in the world.
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So let's get started.
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Before I explain why trading
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is the best business let's talk
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about the difference between trading
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and investing.
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So trading versus investing.
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You see, when I ask people if they
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have been trading before, they
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often say, "Yes, I
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bought Apple two years ago
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and it's doing well now."
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That is not trading.
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That is investing.
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So here are the main differences
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between trading and investing.
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You see, investing is a long term
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approach. You're often holding a
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stock for years.
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Trading is a short term approach.
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You only hold a position usually 5
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to 20 days.
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When investing you're buying a stock
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based on a "hot tip"
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or a "gut feeling." When
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trading, you're buying a stock
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based on indicators.
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That is a scientific approach.
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Now, when investing, you make
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decisions based on emotions,
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often "hope."
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When trading, you make decisions
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based on probabilities.
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When investing usually people
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don't have an exit strategy, they're
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often exiting when it "feels
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right" and it never does,
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right?
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When trading, you know your
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exit before you even
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enter a trade.
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Now when investing, typically you
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only make money when the market goes
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up. When trading
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you make money when the market goes
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up or down.
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When investing you're concerned with
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the overall economy.
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And when you're trading, you don't
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care about the overall economy, you
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don't care about who is president,
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you don't care about what's
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happening in China or Europe
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because you trade what you see,
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not what you think.
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So, the question is, is
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trading better than investing?
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Heck yeah!
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And here is why.
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When investing and you have a long
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term approach, you have to be
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concerned about what's happening in
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the world. Who is the president?
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What's going on with China?
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What's going on in Europe?
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What about the overall economy?
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And so on.
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You see, when trading short term
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positions, all these things
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don't matter.
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When investing, you're typically
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buying and holding, and you
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hope that the market is going up.
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Now, if the market is crashing, your
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positions will suffer.
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See, when trading, you can benefit
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from a rising and a
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falling market. In fact, often
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you will make more money in a
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falling market because a market
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falls twice as fast
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as it goes up.
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When investing you have very little
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control. You're in it for the long
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run and you shouldn't make any
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adjustments to your positions.
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Now, when trading, you're
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actively managing your positions,
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and you can adjust them
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daily if needed.
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Therefore, trading gives you more
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control.
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Now, these are only a few reasons
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why trading is better
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than investing. Learn how to
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trade and you will run circles
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around long term investors.
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Next, we will talk about trading
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versus investing in real estate.
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But do me a quick favor,
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if this is making sense thus far and
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you're enjoying this video, click on
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"Like" and leave a comment that
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says, "Yes, this is making
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sense." Okay, so let's talk
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about trading versus real
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estate.
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No doubt investing in real estate
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can be very lucrative, and it
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can help you to become a
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multi-millionaire.
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I personally own 10 million dollars
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in real estate, yet I
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prefer trading over real estate
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and here's why.
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When investing in real estate, you
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have to find the right property.
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You have to negotiate the best
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deal. You do need to do all
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your due diligence.
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Deal with inspections, take care of
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financing, prepare contracts.
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You see when buying a single-family
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home, this can take weeks.
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And when buying apartment complexes,
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this can take months.
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And when you're selling your
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property, it can take weeks and
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months too.
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See when trading you push
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a button to buy and you push
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a button to sell.
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And the transaction is completed
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in a matter of seconds.
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Also when investing in real estate,
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it can take months and sometimes
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even years before you make
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a profit.
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And while you're invested in real
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estate, you're at the mercy of the
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markets. If there is an economic
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downturn, you might not be
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able to find renters.
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And if the real estate market
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crashes, you might not be able to
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sell your property with a profit.
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When trading, you only hold
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a position for 5 to 20 days.
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And therefore, you're not subject
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to recessions or economic downturns.
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You have much more control.
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And when investing in real estate
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you need to bring at least 20%
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of downpayment to the table.
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So when you try to buy a
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$200,000 home, you need to have at
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least $40,000.
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And when you try to buy an apartment
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complex for $4 million, you
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need at
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least $800,000.
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See, on the other hand, when trading
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you can get started with as little
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as $5,000.
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I personally started with trading
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first and then I
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started investing in real estate.
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And also when investing in real
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estate, you have to deal with
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tenants, with code enforcement,
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unfair tax appraisals, fair
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housing laws and so on.
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You have to find tenants, you need
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to make sure that they are paying
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rent and not trashing your property.
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And you have to make sure that the
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AC and water heater is working,
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that the toilet is not clogged.
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You need to evict the tenants when
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they don't pay the rent.
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You have to renovate the house after
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they move out... Geez!
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Sounds exhausting, isn't it?
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Now, when trading it's just
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you and your computer.
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When you feel like buying, you press
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a button. You never have to talk
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to anybody, nobody is calling
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you in the middle of the night
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informing you that a drunk tenant
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drove through the fence,
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true story, but that's a story for
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another day. Anyhow, trust me,
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trading is much less
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stressful.
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Long story short, if you don't
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have millions of dollars yet
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and a team that can take care of
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your properties, then start with
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trading to build enough capital
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before you invest in
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real estate.
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Is this making sense?
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If it does, click on "Like."
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Do it right now so that I know that
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you are here.
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Next, let's talk about trading
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versus business.
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Running a business is
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difficult. After all, you
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have to deal with employees,
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vendors, accounts receivables,
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marketing, sales.
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What else is there?
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Bookkeeping, tax
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laws and the IRS.
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You have to deal with social media,
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customer reviews and the list
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goes on.
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On the other hand, when trading you
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need to master only three things.
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Number one, find the right
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stock to trade.
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Number two, knowing when to
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enter. And number three, knowing
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when to exit, either with a profit
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or a loss.
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That's it.
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Master these three things
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and you will succeed as a trader.
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By the way, if you would like to
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know how exactly I do
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these three things, then hop over
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to a website that's set up for you.
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It's called MyTradingRoutine.com.
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And on this website, there's a video
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in which I show you exactly how
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to find the right stocks, when to
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enter and when to exit.
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I'll link to it in the description.
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Go there right after you finish the
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video it'll definitely help you
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in your trading. But back to trading
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versus business.
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You see, when you start a business
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you need to have at least
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$50,000 or $100,000
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in startup costs.
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And we've already talked about it
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when trading you can start with as
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little as $5,000,
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and that's only a fraction of the
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money you need for starting a
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business.
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Now, finally, when trading,
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you will know whether you're right
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or wrong in a matter of days.
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When running a business it usually
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takes years before you're
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making a profit.
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As you can see, here's why trading
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is the best business.
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First of all, it's simple.
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All you need is to master three
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things and you can succeed.
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Investing in real estate or running
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a business is much more complex.
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Second reason you can get started
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with as little as $5,000.
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And investing in real estate or
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starting a business, you need
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$50,000 or $100,000,
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maybe even more.
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When trading you can get started
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with as little as $5,000.
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Reason number three, you are in
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control.
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When running a business you need to
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rely on your employees, the
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economy, your vendors and
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many other factors.
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And when investing in real estate,
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you need to rely on your property
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management company, your
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contractors, your tenants,
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your lawyer.
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You get the idea.
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When trading it's just you
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and your computer.
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You are in control.
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Only you are responsible
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for your own success.
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Does this help?
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if it does, make sure that you like
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this video and subscribe to my
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channel. And oh, go
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to mytradingroutine.com right
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now to see exactly how to find
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the right stocks, when to enter
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and when to exit.
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Go there right now!
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It'll definitely help you in your
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trading.
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Talk soon.
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