As I’ve posted on Workplace (our intranet for Gold and Platinum Members), I’m live streaming my trades this week as a part of the 2% Club-strategy. Yesterday I had three sessions shown below:
Session 1 Monday
As you can see from the video above, I gained my 2% on my first trade. Since I wanted to trade the entire day for our members, I decided to do two more sessions.
Session 2 Monday
No trades were filled by me during the second session. I wasn’t comfortable enough to enter a trade.
Session 3 Monday
The last trading session went awfully wrong for me and I ended up losing approx. 120 000 NOK which is 14 634 USD. I decided to quit and recoup the next day.
Session 1 Tuesday
I entered a trade last night where I again sold Dow Jones and increased the bet. This is highly risky and I could have lost more money yet again.
Session 2 Tuesday
Thankfully, the trade worked and I was able to regain what I lost yesterday and still be on track for a 2% increase per trading day.
Current Result of the 2% Strategy
|Day||Start||Result||%||If 2% Gain||Difference|
One Week With Live Streaming and I Ended Up With 13 500 USD in Profit
I went out on a limb this week with live streaming all my trades as a part of the 2% Club. All members were able to view the live streams through Workplace. Below I’ve added all the videos of my trades this week so you can take a closer look at what I did, which mistakes I made and how I ended up with 13 500 USD in profit.
My Golden Rules for Financial Freedom: Why I’m going to Reach $1 000 000
This is the most important overall lesson I can teach you. It involves multiple of my strategies, strategies that I’ve written about before. But I’m writing this article to give you an overview of what I’m doing. Since I started Hacked.com and the new strategy for reaching $1 000 000 and financial freedom (in my eyes, could be very different for you) I’ve made more money than I’ve ever made before. My cashflow is increasing monthly thanks to CCN.LA, Hacked.com and Wilhelmsen (my regular job), and my investments are doing very well, including my trading strategy – the 2% Club.
I’ll make this article to the point. No bullshitting around. I sincerely hope that you will follow the same strategy as I am, it will make you financially independent in the long run.
Golden Rule #1
Always be cashflow positive.
You must have a job or a business where you receive positive cashflow on a monthly basis.
Golden Rule #2
Have a side gig.
If you are employed, try to establish a second revenue stream. This can be done by creating a business on the side or even having a second job (even though I would not recommend the latter). With a second revenue stream, you are certain that you will be cashflow positive even though you would lose your regular job or business. I’m currently employed in Wilhelmsen, but I have two separate revenue streams from Hacked.com and CCN.LA, including the one I’m receiving at Wilhelmsen.
Also read: You will lose your job
Golden Rule #3
Continuously increase your monthly income.
This might be hard if you are employed in a company. But then you should have a side gig you can focus on off-hours. Always try to find new revenue streams.
Golden Rule #4
If you have loans, try to pay them as fast as possible. I do not like to have loans. You could benefit from having loans if you get tax deduction – as we do in Norway, but still, I’m no big promotor of having debt.
Golden Rule #5
Invest surplus money.
If you have surplus money, money that you do not spend on the most essential things, invest a certain percentage on a monthly basis. I’m investing 33% of my monthly income and will do so for many years to come. That’s why I created the 33% Club.
Golden Rule #6
All these golden rules should be followed in the same chronological order. If you fail at one golden rule, you should not continue to the next one. There’s a reason for having “trading” as the last golden rule. You should not trade with money unless you are able to complete the first five golden rules. Trading is risky, you can lose more money than you put in, and that fast. However, if you have reached the sixth golden rule, then you could join me in the 2% Club (or create your own trading strategy).
And finally, remember: Never lose money.
Please comment below if you have inputs.
Featured image from Shutterstock.
Livestreaming Starts Tomorrow: I’ll Make a Lot of Money or Lose a Substantial Sum
!Notice! Do not copy my trades unless you:
- Are a member of the 33% Club
- Have money to lose in excess of what you are pledging to the 33% Club
This coming week I’ll be livestreaming all my trades using CFD on IG.com. I’ll try to continue with my successful 2% strategy. So far I’m up 18% in the last week starting at 650 000 NOK and ending up with 766 000 NOK on Friday, shorting and buying indexes, currency pairs and gold. The strategy I’m following is highly risky and I do not recommend the same strategy if you do not have money to lose. Remember our golden rule: Never Lose Money. However, if you are in a position like me, with an increasing monthly income, a good bank roll, and are able to pledge 33% of your monthly income to the 33% Club AND pay your debts, this could be a good (or bad) opportunity for you.
I’ll start livestreaming one hour before Dax will open tomorrow at 08:00 CEST. I will end the live session around 16:30 CEST one hour after Dow Jones has opened (if everything has gone my way). I will continue these sessions throughout the week.
You will be able to follow my trades, see when I enter and when I exit a market. See how much money I win or lose. You can copy my trades, but be aware: I’m entering and exiting markets quite rapidly, so stay alert. And be aware: You may end up losing money (just like I may end up losing money).
I will post the youtube link on Hacked.com and on Workplace tomorrow.
Disclaimer: You can not hold me responsible for losses. Always do your own due diligence and only trade with money you can lose.
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