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Here’s what we have covered today:

☕How I Balanced My Side Hustle During My 7-5 Job

☕ 9-Months of Blowing Accounts (MUST READ)

☕Maybe It's Time For You To Quit?

How I Balanced My Side Hustle During My 7-5 Job

As 2020 drew to a close, I made a decision that would forever change the course of my life: I quit my job in construction. Many of you know me as a Forex trader, but my journey to this point was anything but straightforward. It involved long days, longer nights, and a relentless pursuit of a dream that seemed almost out of reach. Let me take you through a typical day in my old life and how I made the time to pursue a side hustle that became my full-time gig.

A Day in My Life: Before Trading Took Center Stage

My alarm would ring at 5 am, and by 7 AM, I was already at the construction site, ready to lead and manage. The hours were gruelling, with only a brief respite at 11 for smoko. The work was demanding, both mentally and physically, and by 5 PM, I was spent. But my day was far from over.

The commute home was a battle against time and traffic, often stretching to an hour or more. Dinner was a hurried affair, usually by 7 PM. But as the world around me wound down, my real work began.

If I can do this, you can too. All you need is an actionable plan.

Here’s a breakdown of my strategies to make time for a side hustle.

1. I Became Asocial

My evenings out with friends became rare. Every invitation declined was another chapter read, another strategy learned. It was a lonely path, but one I knew I had to take.

During this journey, I lost friends. I was okay with that. I knew I was heading somewhere that was not meant for everyone. I was willing to make tough sacrifices because I believed in better replacements to come, ones more aligned with the life I wanted.

I'm unsure if my friends and family fully understood my dreams of becoming a successful trader. If they had, perhaps they would have supported me more.

2. Finding Solace in Solitude

Those late hours were sacred. They were when I could think, strategize, and immerse myself in the complexities of the forex market. This time was non-negotiable, my sanctuary for growth and learning.

3. Feeding the Mind for Success

"We are what we eat" applies not just to food but to all our choices. Your net worth is defined by the company you keep. I constantly fed my brain success stories, ensuring it believed I could make it too.

Every time doubters tried to sway me, or when things got tough, I was armed with inspiration and knowledge to stay on track.

4. Changing Priorities and Interests

Lunch breaks, commutes, and even waiting in line became opportunities to listen to trading podcasts, reflect on market trends, and plan my next move.

As I delved deeper into trading, mundane conversations about trivial matters no longer interested me. If it wasn't about trading, it didn't hold my attention. This shift in priorities might have seemed rude to some, but it was a necessary change for my growth.

5. Setting and Smashing Goals

At a Tony Robbins event in Cairns, Australia, I set a 5-year goal to become a profitable trader. I achieved this in about 2.5 years. People think I got lucky, but the truth is I worked tirelessly. I battled with myself and emerged victorious while others were still contemplating their first step. Remember, most people overestimate what they can do in a year and underestimate what they can achieve in five.

So set some goals and go fucking do what you said you would.

The Payoff and Your Invitation

This journey was more than just leaving a job; it was about embracing a side hustle that transformed into a full-time passion. I transitioned from an engineer to a proficient trader, making this my life's work. My story is a testament to the power of dedication and the pursuit of a dream.

If you're feeling the urge to do more, to explore a side hustle that could change your life, let my journey be your inspiration. The road isn't easy, but the destination is worth every sacrifice. Start now, and who knows where your dedication will lead you?

Maybe It will be your story of transformation I'll be reading next :D

Reddit Question of The Week

This post had many comments, most of them ripping this poor guy to bits, and by the sounds of things, he's enduring enough frustration. I can understand his pain, so let's break down a few things he could do differently.

1. Account Management and Risk Control: One of the most crucial aspects of successful trading is risk management. It's great he grew his account from $20 to $180, but losing it all in one go suggests a possible issue with managing risk. A key rule in trading is to never risk more than a small percentage of your account on a single trade, typically around 1-2%. This helps prevent significant losses and keeps your account sustainable over time.
2. Strategy Consistency: He mentioned using various methods like trading indicators, ICT (Inner Circle Trader) concepts, and news trading. While exploring different strategies is good, constantly changing methods can be counterproductive. It's important to stick with a strategy long enough to understand and master it truly. Consistency in approach allows you to refine your strategy and understand its strengths and weaknesses.
3. Emotional Discipline: Trading can be an emotional rollercoaster, and maintaining discipline is crucial. Often, traders experience a string of losses and then abandon their strategy, only to find that if they had stuck to it, they would have eventually seen profits. It's also important to avoid revenge trading or overtrading to try to recover losses quickly.
   
   I actually spoke about this recently on my IG reel.
4. Educational Investment: Continuous learning is key. While indicators and news can be helpful, understanding the underlying market psychology and economic factors driving currency movements is invaluable. Consider investing more time in understanding market analysis, both technical and fundamental.
5. Reflect and Journal: Keep a trading journal. Document your trades, your emotional state, and the reasoning behind each trade. This can help identify patterns in your decision-making process that may be leading to losses.

SIP,  LAUGH,  TRADE 😁

Maybe It's Time For You To Quit?

Following our exploration of shifting from a winning focus to embracing peak performance, we come to a pivotal moment in every trader's journey – a period often referred to as "hitting the Wall." This critical juncture marks a significant turning point, where the initial allure of trading meets the sobering realities of the market.