Karen Cooke
Professional Market Analyst and here to Coach/mentor + inspire you.💰15 to 50k in a weekly/monthly
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Investors have more choices than ever when it comes to where to put their money, but more is not necessarily better.
Simplicity is key to succeeding when investing. If you have less than six-figures in assets, your entire net worth should be invested in only a few assets in one or two accounts. That's all it takes!
Trying to invest in stocks, ETFs, crypto, real estate and NFTs all at once only results in you having less $ for each - and that means lower returns. If you really want to see your money grow, focus on a few core investments at a time.
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Congratulations 🎉🎉 I'm happy that is why I'm posting testimony today I don't care about people doubting I care about those wining from my company
‼️The walk through ‼️ GOLD UPDATE AND PROGRESSION from video post prior to this post:
From beginning to now.
Inbox 📥 me now and start earning
$100,000.00 💵 with an investment of just $10,000.00 💵 within the next 5 of trading. 📊
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Congratulations to my client and thanks for your wonderful feedback 🎉🎉🎉
$10,000 account is now sitting at $228,000
in less than a month.
Made a little over $40,000 today.
I made a few mistakes overall so far and I'm going to explain them to you.
1. I kept this as a cash account and didn't switch it to margin so my day trades were limited because I kept running out of buying power. If I had it on margin, I could be up a lot more.
2. Today on TSLA, I didn't leave any runners or hold my contracts above a 50% return because I didn't want to get greedy, but had I held, I could've been up well over $150k on TSLA alone.
I think these decisions l'm afraid to make are due to past experiences of having a higher expectation of stocks when it comes to how much they can move while I'm in them, but overall I'm happy with my performance so far and by next week I will switch this account to margin.
Thank you guys for following me on this journey, and let's take this account to a million🧿
Flipped $100,000 into $222,000 and paid myself $100,000. PAY YOURSELF!!.
I had the trading plan, I just needed the patience 🗣️‼️
OFFICIALLY A FUNDED TRADER. TOP TIER TRADER TO BE EXACT. $100K ACCOUNT.
Can you relate⁉️ - There's so many aspects of trading that has helped me develop in life as well.. almost as if it forces you to improve in areas of your life that you lack in or else you won't be successful along this journey, period...
I'm becoming more and more in control of my emotions, and I'm damn proud of myself.. its one of those areas I can see improving in my life as well‼️...
Most people, if anything, journal their analysis.. not as many journal their "feelings", their emotional state, point out their mistakes (lessons), what they could've done, how they're feeling when they sit down at the charts, what's going through their mind after a loss, why they're feeling the emotions they are feeling, if they're over excited about a win, etc 🤔
This has been helping me so much, and it also keeps me accountable as well. In the mix of it all, it's helping me recognize in the moment and at times ahead of time, what I'm doing, why l'm about to take a certain action, if it's out of fear, impatience, greed, etc.. before the actual "mistake" happens 🙌
One thing always preach is WITHDRAW, WITHDRAW, WITHDRAW‼️ That you have to get a feel for what that withdrawal is like. $5,000 withdrawal, all made within 3 days...
This is just the beginning though... the seed was planted a while ago...✊‼️🙌
What's your goal for this week? How are you going to move the needle this week? ✍️
Last week, I struggled with consistency.. due to over trading. However, MY RISK TO REWARD KEPT ME IN THE GAME. As it should. Won some pretty big trades, but also loss several little trades. 🤓
•
Thought about it, recognized a pattern, and set a couple goals to adjust to those patterns. Identified when most of my profit was coming in, when I was taking the most losing trades, and recognized what type of gains I was having at what time of day/morning. 🙌
So this week, in attempt to solve the problem I will strictly stick to these goals, and review the results at the end of the week. And adjust accordingly ‼️🧐
5
Which one is most appealing to you⁉️
Believe it or not, most people do what they do in life or don't do in life because of one or the other. Some people love the feeling of security, knowing exactly what to expect next, no abrupt changes. While others, embrace the unknown, and will sacrifice the more secure things, to have the freedom they want in life.
☝️
Most people that work jobs, are more comfortable doing so because they prefer to know what's ahead, how much they'll make on that next check, as long as they do xyz. They don't want the stress of wondering "if they'll make enough to cover next month's bills". 🔹
While entrepreneurs don't mind not knowing what's in front of them. They're willing to sacrifice security to have freedom, time freedom, financial freedom. The unknown doesn't scare them.
They thrive off of risk.🔹
Selling cars, so many times I heard people say, "I couldn't depend solely on commissions".🤷♀️
Have y'all read the book "Trading in the Zone" by Mark Douglas? 👀 📚
When I started to look at trading from the perspective of the house in regards to a casino, my psychology shifted. 💡
I had to grasp the fact that trading is all about probabilities.. meaning that sometimes I had to keep pushing until the numbers began to play out in my favor (Took awhile to get over that hump 😆).
Stopping 🙅♀️is unacceptable when running into a few losses.. everyone's equity curve has highs and lows (I'm certain that you can't show me one that doesn't)🤷♀️.
So no, not all days will be profitable, might experience a string of losses but more importantly, look further to be profitable over the week, over the month, and so on.‼️ (That's where risk management is key, so your account can withstand those losses yet bounce back with a few winners.) 📈📉
It’s a beautiful day, use it wisely…
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