So it’s not a secret that I’ve been unwinding myself from doing client work for the last few years.
Frankly, I’ve just been so bored of people flip flopping into different “things” and then when the things that were working get changed and said clients lose money…
Guess who they come back to, to make them whole again?
Yours truly.
Are they bad people? No. They’re just people at the end of the day and people often get bored of what works.
That being said. Today was a fun day. I had to sift through so many discord messages in a group that I’m part of for us who trade the markets to make money.
So besides doing my private writing work and creative stuff (Clientless) I got back into trading a little while ago and it’s been good fun, but like anything when there’s money involved. There’s also a multitude of emotions involved too. Good old human psychology eh?
If there was a way to turn off emotions completely when there’s large sums of money involved, this world would probably be a little bit better because humans would probably distribute and not let greed, power and corruption run its course.
Sadly, the world is primarily run on those 3 things.
Anyways. I’m just going off on a tangent.
Long story long.
In this space you can “buy money at a discount” or use OPM (Other people’s money) to in turn make more money. I mean there’s nothing sexy to sell in the trading space except for the fact, that if you have the patience and discipline and psychology to handle it all. You can make a lot of money quickly. Downside to it, you can lose a lot of it quickly too and more often than not. 97% of people do.
The issue today was that there were so many messages about people wanting to uproot their jobs/businesses and go full time into trading, which honestly should be the goal for anyone who gets into it.
Although they’ve refused to look at the nuance.
Things can and will go wrong. Look at all the wars and wild shit going on in the world. The markets are massively volatile. Those same companies I’ve just mentioned are tightening up rules and if you don’t stick to them. You won’t get paid and worst case scenario you could also get booted off of their platform.
So in today’s world no matter what it is we’re doing. The most important thing we need to do is learn to control our emotions…
…and unless you’re a naturally born sociopath. It’s going to take a lot of work.
But the main lesson here is to diversify, especially when there’s money involved. The only thing the marketing guru’s out there had right was:
“You need multiple sources of income!”
And so that is where I was today in those discord messages. Telling people to diversify while mastering their emotions. With everything going on in the world…
The last thing you want to happen to you, is to get caught with your pants down and have everything stripped away and/or having to start from scratch again.
(Been there done that)
I know you might be a visual artist, writer, musician or someone wanting to break free from a job…
But if you don’t do those two things pronto. It’s just going to get harder and harder to do so in the future.
(Especially cause Scam Altman and Elon Musk want everyone to bend to their weird dystopian agenda)
I want you to win. I want everyone to win and if that means I have to drill those two things into your head for the next 12 months I will.
But I’m already working on it cause I’ve got a little something something I’m cooking up for the group.
So sit down and think about it. How can you diversify and what is truly screwing with your own psychology.
If you can nail those two things. You’ll be ahead of the 97% of people who lose it all.
Stephen Walker.