Original subtitles

In this module we're going to be talking about why be involved in the stock market.

Now, there's two reasons to be involved in the stock market.

Reason number one is going to be to trade/invest your money to generate income.

Number two is going to be invest or trade other people's money to generate income.

Now in both situations your main objective is to generate capital to make money for yourself right.

So you can go about this in two ways by creating your capital or creating somebody else's capital.

Now a lot of people train their own capital and they do that to either supplement their main income

with a side income or they just reach full time and that's their only income their main income is from

trading.

Now I believe that everybody should be invested in stocks at one point and another like everybody at

one point has to be invested in stocks.

You know when you're going to be saving up your retirement funds your money is going to be in stocks

in one way or another.

Now throughout my years and throughout my career I've worked at brokerage houses I've seen a lot of accounts people with

half million dollar accounts that's for retirement going from half a million to zero because

they selected really bad stocks all high risk all same industry gold miners or penny stocks.

But I've seen other people going from half a million to over a million.

So you can very easily.

Very easily.

And you know when you're sitting up your money for retirement that's done across decades you know 20

30 years when you're looking at such a big period.

It's very easy to double your cash.

It's very easy by selecting good stocks.

Now it's also very easy to lose most of your cash if you select really bad securities.

So for me everybody is supposed to learn about trading and about investing because if you're willing

to work twenty three years of your life to have X amount of capital that you can retire with.

Well why not spend six month or a year learning how to invest and double that amount of capital.

Why not double it by spending a few months to a year learning when it takes you 20 or 30 years to make

it right.

So and not risk losing a trade so it makes no sense for somebody not to get educated about investing

because everybody has to invest at one point or another.

Now this is one way that you can go about investing your own capital.

Now the other way is finding other people that you can invest their capital or trade their capital out

to do that.

First you've got to be good at so example there's a lot of companies that fund the traders now to get

into a company like that.

You got to prove that you're good.

So when I hire a trader I want to see their track record.

I want to see if they are performing well if they are making cash.

So start off trading your account and if you're not performing good if you have you know a year of track

record to show or even you know eight months of consistent profitability you can see a company show

them your track record and they can fund you they'll give you a funded account then you can trade with

WAY bigger amounts of money and keep a percentage of those returns.

So that's a very good situation to be in because you have more risk in terms of capital and you have

very very high rewards if you're performing good.

So these are the two ways that you can make money in trading.

You've got to start out by trading your account.

Proving that you're good.

And then you can move on to even trading other people's accounts.

And regardless of what you want to do and what's your end goal you have to learn to trade and invest

because it is something that is super important.

It will make a difference for you.

And you are going to have to do it at one one day or another or another.