Am I Just Ripping People Off


Manage episode 152573514 series 1063725
Por Joshua Belanger descubierto por Player FM y nuestra comunidad - los derechos de autor son propiedad de la editorial, no de Player FM, y el audio se transmite directamente desde sus servidores. Presiona el botón de suscripción para rastrear cambios en Player FM o pega el URL del feed en otras aplicaciones de podcast.
He's not the first or last person to think or ask that. I received an interesting question from a reader a few days ago. I wanted to share it with you because you might relate to it: "Which is easier? Making money from trading or selling stuff to a novice like me?" As I said, I think it's a fair question. And to be honest, I'd have to say they're both hard. Let's face it... there's no easy way to make money. Obviously, if there were EVERYBODY would be doing it. Now, It sounds like this guy is suggesting I make more money from selling information about trading, than from trading itself. But in my particular case, I'm fortunate to be in a situation to combine the two, as they both work hand in hand with each other. And it's a classic example of what Options can do for you. I guess the real question, though… is if I am qualified to be teaching about trading. Let me explain… I started trading at 21 and initially cut my teeth on the floor of the Chicago Mercantile Exchange two years before that. I had to work my ass off for low wages, commute a few hours each day, and slowly work my way up the company. But I was okay with that because I wanted to go directly to the source and where the action was. And during this period, I was able to get the first-hand experience of how the game works from the other side of the fence… and that was priceless. So I've well and truly paid my dues. And it's not like I've just slapped up a website and the money has come rolling in. But, the good news for you is you can benefit from my experience… without having to go through the hard slog that I did. So think about it, who would you rather be getting your information from? Someone who's read a few books about trading, or someone who's been there and done that, like me? But getting back to the frustrated subscriber above, I can see where he's coming from. It sounds like he's struggling to succeed with trading options. But here's the thing… People like him need to realize that as traders, we're running a business. And successful businesses make investments. Those that are willing to invest see the upside reward far greater than what they put it in. That's successful investing 101. Now, it's natural for success minded people to ask a lot of questions in the beginning and be skeptical. However, they also understand the opportunity and are willing to take action to become the best they possibly can. And for those of us who are taking this seriously, we should be thankful for people who aren't willing to invest in themselves… ... As it eliminates a LOT of competition. To finish off… I'm going to answer the question by asking a question back… Are you willing to invest into yourself? If not, then how can you possibly believe you'll become a successful investor or trader? You can't, right? But for those who answered yes… I wrote the book, Fearless Investing With Options, for beginners, but especially for those who have tried and continue to struggle. I can assure you; it's not just another meaningless and plain vanilla book about options trading. Instead, it will teach you how to have an entirely different mindset to become consistently profitable options trader over the long-term, with minimal risk. So if you can relate to what I'm saying and haven't picked it up yet, I highly encourage you to check it out at: To your wealth, freedom & options! Joshua Belanger

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