Trading isn’t your only source of income: After years of stu | INVESTER MINER🇺🇸📊

Trading isn’t your only source of income:

After years of studying successful traders, here’s what I’ve realized…
Most of them have multiple sources of income. Because if trading is your only source of income, you will have the need to make money every month. This causes you to make poor trading decisions like widening your stop loss, averaging into losers, trading too large, etc. And that’s why many professional traders do not rely on trading as their only source of income. For example;
Ed Seykota, a Market Wizard, has a trading tribe that costs $99/month.

Mark Minervini, a Stock Market Wizard, offers a master trader program that costs $5000.

Most hedge funds (even the best ones) charge a management fee every year—even if it’s a losing year.
To put things in perspective, if you run a billion-dollar hedge fund and take a 1% management fee, it means you get $10m a year—guaranteed.
As you can see, professional traders and hedge funds structure their trading in a way that it’s not their only source of income.