- Joined
- Mar 23, 2019
- Messages
- 72
Rep Bank
$440
$440
User Power: 76%
A side hustle that I started about 6 months ago is starting to have a pretty significant impact on my bottom line, not in terms of actual money I make from teaching though. Let me explain.
On a discord forum, called PlanTheTrade, we have about 1500 members that discuss various markets and the ways in which they profit off of those markets. Mostly focused towards stocks and options, it’s a great place for beginners to start learning about stock trading. Recently, I started adding bonuses such as discounts to premier charting websites and market scanners, to add value to the $20/mo cost. Sadly, I don’t get any of that revenue because it’s my friends discord. Anyways, the way I started making revenue is by having people pay me to teach them the way I trade options. They watched me call correctly the way a stock options price would move about 18 times in a row and it got people asking me to train them, so for $70 a week, I told them I would teach them the things I look for in trades, train them on Zoom, and set up their platform for the fastest trading possible.
Now this would be all well and good by itself but, what teaching others about the market has done, is force me to learn more about the markets, and moreso, about myself. I’ve found that I’m very impatient and so it’s better for me to make faster moves in and out. I found that my level 2’s were horrendous on TD AMERITRADE, so I’m switching to DAS Trader Pro for better continuous level 2s. And lastly, I learned that I’m a really shitty loser (I hate losing!) and so I wait too long to cut losers. Since making these changes to my trading, my returns are up ~30% over my previous daily average! Hoarding knowledge like a commodity does more harm than good in my opinion, give someone else a leg up, and they’ll return the favor!
TLDR : teach others how to make money, and you’ll make more money!
The discord is Join the PLAN THE TRADE . Net Discord Server! if anyone is interested.
On a discord forum, called PlanTheTrade, we have about 1500 members that discuss various markets and the ways in which they profit off of those markets. Mostly focused towards stocks and options, it’s a great place for beginners to start learning about stock trading. Recently, I started adding bonuses such as discounts to premier charting websites and market scanners, to add value to the $20/mo cost. Sadly, I don’t get any of that revenue because it’s my friends discord. Anyways, the way I started making revenue is by having people pay me to teach them the way I trade options. They watched me call correctly the way a stock options price would move about 18 times in a row and it got people asking me to train them, so for $70 a week, I told them I would teach them the things I look for in trades, train them on Zoom, and set up their platform for the fastest trading possible.
Now this would be all well and good by itself but, what teaching others about the market has done, is force me to learn more about the markets, and moreso, about myself. I’ve found that I’m very impatient and so it’s better for me to make faster moves in and out. I found that my level 2’s were horrendous on TD AMERITRADE, so I’m switching to DAS Trader Pro for better continuous level 2s. And lastly, I learned that I’m a really shitty loser (I hate losing!) and so I wait too long to cut losers. Since making these changes to my trading, my returns are up ~30% over my previous daily average! Hoarding knowledge like a commodity does more harm than good in my opinion, give someone else a leg up, and they’ll return the favor!
TLDR : teach others how to make money, and you’ll make more money!
The discord is Join the PLAN THE TRADE . Net Discord Server! if anyone is interested.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
