There are days when people message me on my page asking for help because they want to go full time into trading. Syempre tatanong muna ako bakit nila gusto gawin yun. And usually, it's because of a major life event, eto yung top 3:
Kaka-break sa jowa.
Pagod na sa buhay abroad.
Nawalan/Mawawalan ng trabaho. (top 1)
I understand that me being a full-time trader and fragments of my documented journey through my blogs brought about some kind of inspiration for many to follow the same path. But what people forget is the time I spent mastering the craft. I didn't magically become good at trading overnight. Siguro 3 years din akong nag dusa sa "trusting the process" before I finally became profitable (net profit by the end of the year kahit na maraming losing trades). And magnanine years na ako this year.
When people tell me na "wala kasi akong oras para aralin yung stock market", I usually reply "In short, di mo priority." And that's okay. Ganyan din ako dati. Di ko priority kasi I didn't see the potential in it before - until "life happened" and I saw the opportunity. Then my priorities changed, less time para gumala and do stupid shit and more time learning about trading stocks.
Points ko lang dito:
1. Don't go full time into trading or investing if you're not prepared. Otherwise, magsusunog ka lang ng pera. Sunugin mo nalang ng literal para at least, nahawakan mo pa.
2. Respect the process. Professional doctors, athletes, etc spend many years in their craft before they earn their titles. Trading is no different. If kumita ka on day one, pwedeng sinwerte ka lang. But how long before your luck runs out?
3. Prioritize mo rin sarili mo. Invest in yourself and invest early. You can't help anyone if you're stuck, depressed or dead right?
Thanks dito sir. Bago pa ang ibang bagay wag talagang kakalimutan ang sarili.
ReplyDeleteI feel this post.
ReplyDeleteAlmost 1 month na akong nag-aaral regarding stocks kahit di pa akong nakapagsimula na nagtrading. Ayokong masunog ang pera ko. I'm a full time mom, with part time job online. Gusto ko talagang matuto kahit ang hirap i-absorb sa utak ang pinag-aralan ko. Everyday I spent time to read and analyze charts kahit konti pa lang ang nalalaman ko. Andaming discouragements, and challenges. But it's too early to quit. Well quitting is never really a better option even it takes long time to fully grasp stocks trading. Thank you for posting this. Nakaka-uplift.
Zee, how much would you consider, taking on OPM to trade, contribute to your 'success'?
ReplyDelete-Undercapitalized Student Trader That Managed to turn 5k to 10 in 3 years.
(Monthly expenses *2) / 0.03 = capital needed to go full time
DeleteAssuming kaya mo kitain yung 36% per year or average of 3% monthly.
Nice. Nabuhayan ako sir :D This is what I really want to see.
ReplyDeleteVery well said
ReplyDeleteSpeaking as a fulltime trader for one year now, and learning the ZFT system into its core. I can say na inunderestimate ko yung game so much.
ReplyDeleteHindi man ako fully kumikita pa and I am still on the process of entangling my distorted limiting beliefs pero I am very blessed to have ZFT and you boss Zee for enlightening the trading community.
God bless you and mabuhay ang tribe.
You're welcome! Glad to be of service!
DeleteNot Zee here and dont know OPM means. However let me comment about your 5k to 10k in 3 years. I wanted to tell you that you are doing great. If you are hitting 30% a year and doing it not full time I’d say you are well on your way. Capital is not the issue most of the time but the consistency that is required in trading that is. Sabi nga if you can manage 5k then you can manage 50k or 500k. Trust the process and only the process then money will come.
ReplyDeleteI doubt he can do that. It's possible all in lahat ng trades niya which won't really work pag malaki position sizing.
DeleteOPM means other peoples money, btw.
Hi sir Zee,
ReplyDeleteIm planning to try full time next year after I completed the bond with the company. I don't have a girlfriend, I save a lot of money, I don't need to share my money with my parents, I have emergency funds. In short I can lose some money but what is the ideal account size. I started trading at the same time I started my job after college. It's almost 2 years now and I really think stock market will make me rich. But as of now my portfolio is red as hell (look at my port in twitter): https://twitter.com/doppelgunner/status/1154988346503905281/photo/1
just for info:
- ISM is for long term - if 3rd telco did not became like PLDT or GLOBE then it's find for me to lose 10k otherwise if it did in the long run at least I got in. parang a small bet so ignore this one.
- JFC - wrong trade, pero mukhang magandang company so I can hold on to it. saka 5k lang naman
- other stocks Im holding I can cut especially ANI if it breaks support.
Thanks, I hope you read this.
any advise to what I can do to prepare myself before I quit my job after a year and start full time trading?
I suggest that you have a working system already prior to jumping into full time trading. You need to have a smooth transition from your job to trading, make sure that your trading CAN replace the money that you make in your job. So far tingin ko with the looks of your port, di ka pa tlga ready... Unless you won't be needing money for the next 2 years, while you learn how to adapt into the full time trading life.
DeleteThanks for your time. By the way one last question. Think of it like this, imagine im gonna die if i dont quit my job (so you have no choice but to help me haha). What is your advice or suggestion, how will I compress and learn everything to become a successful trader. What actions should I take? What books should i read?
ReplyDeleteThabks in advance and feel free not to answer this sir zee
Don't trade. Coz you'll die faster than your job. :D hahahaha. Kidding aside, read Think and Trade like a champion and Think and Grow rich by Napoleon Hill. From there, apply the principles you'll learn and build habits that will help you succeed.
Deletesir Zee, this is off topic but any book recommendation that made you profitable in trading? thanks a lot sir zee
ReplyDeleteI dont remember what day or year noon first ko na nakita ko yung green and red digital numbers random sya na umaandar - Makati Stock Exchange which is my working place in telecoms somewhere in Makati I didn't realize na dito pa ako babagsak after 20 years :)
ReplyDeleteboss zee, you really are an inspiration. I attended the Technical intensive workshop last may. dati puro ako FOMO, nyaon nagkakaroon na ng system. Yes i am planning to go full time in 2-3 years from now. kasi nasa learning mode padin ako. I realized din how the stock market can reward me as long as i work hard for it. kasi as an instructor in a private university, kahit ata magkanda kuba kuba ako sa pagtuturo hnd ko padin mararating yung goals ko financially. im giving up my masteral to, kasi since i dont intend to teach my whole life naman i decided to stop the thesis and focus on what i really want to do. thank you so much boss zee. you are so kind and a giver as well. God bless You, your relationship with mam celeste (sobrang sweet niya po and sobrang pretty), your family lalong lalo na ung parents mo:)
ReplyDeleteTama Sir. Relax lang. Ang nakita lang kasi nila is yong result mo, pero di nila nakita ang proseso na pinagdaanan mo. Maraming gustong mag short cut na di na dadaan sa proseso. Guilty rin ako diyan Sir, hehe. Hangga't nakakakita kami ng katulad mo ay nabubuhayan kami na someday nandiyan din kami after namin pagdaanan ang challenging na proseso.
ReplyDelete