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  • Writer's pictureKy Ambrose

MASTERING THE TRADE

Updated: May 17, 2020




 

“Knowledge is not a skill. Knowledge plus ten thousand times is a skill, and a skill like that can earn you money.”

SHINICHI SUZUKI

 

So I’m not sure about you guys, but money, or lack here of gives me anxiety. Like HORRIBLE anxiety. LITERAL TEARS. As you guys know I am busy body and I have so many passions, a big vision and a very detailed plan. But as most things in this world I need money to help implement them, and as much as I love my 9-5, the pay isn’t going to fund all my dreams. It barely funds my life in Chicago, and its crazy cause my paycheck isn’t bad, but the cost of living here is crazy. Not to mention that I am a blogger and entrepreneur and I have poured my hard earned pennies into my passion and business, and the return isn’t quite what it needs to be for me to buy a villa in Brazil . So like any entrepreneur I figured out another way to help fund my dreams. I started foreign exchange trading.


What is Forex?


It is literally the trading of currencies, and it works the same way we trade stocks; selling or buying currencies based on what you expect price to do. Many of us have already participated in this market when we travel abroad and exchange one currency for another. It’s a 24 hour, 5 days a week, $5.7 trillion dollar day market!, and to put it in perspective, the U.S. stock market only moves about $250 billion a day. Now I’m not money hungry, but I do like nice things and traveling and unfortunately my 9-5 doesn’t afford me the financial freedom I would like. But forex trading does. Learning the skill on how to read the market and price action has allowed me to make money that is adding to my over all income and affording me the financial stability to do more of what I want.


How I Got Started.


I have a friend who had been doing this for about six months before I started. When she had first started, she talked about how she joined an investment group and was making money trading currency. It honestly sounded like gibberish to me and a I had no interest in joining an investment group or learning how to trade, mainly because I didn’t have the time and I didn’t understand what kind of return this investment could yield. So I went about my life, but I kept tabs on her. Not is a creepy way, just through social media and hanging out. And I noticed how her life changed, she was THRIVING!, in every sense of the word. She was being paid to teach others to trade, she had capital to start another business and was debt free! I was intrigued, and ready to learn! So I joined TradeHouse Investments. It is a $225 investment to join, but that gives you access to resources so that you can succeed. I have access to training videos that teach me about how the market moves and different strategies for trading. Live training’s, where I get to learn from master traders who trade over six figures in the market, and the best part is that it is an “earn while you learn” system. Our trade house sends signals for us to trade until we can call our own. Because of this I made $70 my first day trading. Learning forex is hard to do solo. I know people who have tried on their own and have lost thousands of dollars. Now I don’t know about y’all, but I would rather not waste my money and have all the resources to learn a skill, rather than failing on my own. Also, they provide the opportunity for you to become a leader and they pay you for building your team. You can earn residual income teaching other people to make money!


How I have been blessed since.


Y’all know life does not pay for itself, its more likely to take your money than give you any in return. And some peoples full time jobs are not enough to cover their full time lives. Mine just crosses the line, and starting a blog has really stretch my finances. But since trading I worry less and live more. As I said, my first day trading I made $70! Now I got lucky because I completely over-leveraged, but now that I know the skill I have a $70 day easy and with out over leveraging my account. What would you do with an extra $70 today? And that was the just the beginning! I am on the way to paying off all of my debt before the end of this year, and I have a good amount of debt (3k +, which I would still be paying for at least 3-5 more years only paying the minimum). I am literally mastering the trade. I have extra money to really invest in my blog and I still get to work, my okay paying. 9-5, that I love! On top of that, I have started training others, earning income not only trading but teaching, helping others get to a place where they are financially good. I have gotten my family and friends involved, so that they can provide a better life for their families and pursue their own dreams. It’s been by far the biggest blessing to help other become financially free and to see how they are flourishing. Life is falling to into place. I mean we are basically over here ending poverty and giving more income to working class families!


If your life isn’t where you want it to be, why not take the time to learn a skill to change your financial situation. Why not have a side hustle? And if you are going to pursue a side hustle, (trading or not) be real with yourself about how much time and energy your willing to commit. I work full time job, I am a full time blogger, and a full time trader/trainer. I manage my time energy and money so that I can be successful in everything I am pursuing. I do have bias toward trading, because its your time and money that you can make when ever, where ever, and at your own pace, and I believe that is the biggest peace of mind a person can have; the ability to control your income.

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