MONEY MANAGEMENT Archives - Page 2 of 4 - Hillorie Le

FRACTIONAL RESERVE BANKING SCAM

INFLATION EFFECTS ON MIDDLE CLASS VS UPPER CLASS: HELPING ONE WHILE DESTROYING THE OTHER

3 TYPES OF INFLATION: PRICE INCREASE, QUANTITY DECREASE, QUALITY DECREASE

3 CRYPTO WALLET OPTIONS

“PROFIT IS PROFIT” – WRONG

UNREALIZED GAINS IS NOT REAL MONEY

SHOULD YOU BE LEVERAGE TRADING IN CRYPTO?

SIGNALS ARE BAD, M’KAY? PART 1

TRADING IS NOT A LIFE RESCUE MISSION

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FOLLOW MY JOURNEY - WE’RE GOING PLACES

itsmehillorie

Do you focus on the next 100 trades or next 10?D

Do you focus on the next 100 trades or next 10?Do you trade based off “vibes” or hot stock tips? Do you follow signals or buy whatever big accounts on X tells you to?Do you obey your own risk management principles and never over-expose yourself or your positions?Do you like the chase? Over trading, forcing trades, or revenge trading?Do you understand probabilities and the law of large numbers and the meaning of “uncertain outcome, consistent results”?And do you treat your trading like a business?Depending on how you answered these 6 questions, you are either a gambler or a trader in the markets.

Did you know that the value of something to you ch

Did you know that the value of something to you changes based on whether it's BEFORE you have it, WHEN you have it, and AFTER you've lost it? It does not maintain a stable worth or meaning to you, even if its *monetary* value does not change!Understanding how your mindset works surrounding ownership is the key to knowing:
🧠 when to BUY
🧠 when to SELL
🧠 when to WAIT, and
🧠 when to MOVE ON in the markets (and in life!!!)Understanding how FOMO, The Endowment Effect, and Loss Aversion Theory affects you as an investor is crucial to mastering your mindset and achieving success in the market.And it's something I dive deep into in my courses – I love this stuff. I show all my students how these paradigms affect them and their performance and longevity in the investing game!Wanna learn more? DM me "START NOW" and I'll show you how you can get started taking the right steps in the market from Day 1, with the right mindset and understanding to solidify your success in this space for the long run.

When summer is over and you're back home from holi

When summer is over and you're back home from holidays... but home looks like this 🥰😍🌞🌴🌊

“How many hours a day do I need to trade until I

“How many hours a day do I need to trade until I can double my money?” 👇Beginners with tainted mindsets and a polluted perspective on what trading *actually is* will commonly ask me questions like this. But it’s not the right question. No one can honestly tell you how much time you need to put into it or how long until a monetary goal is achieved. There are other much more important variables and factors to consider. 🧠But I get it - people have been SO DECEIVED by pricks, flexers, fake traders, influencers, and scammers online. They’ve led you to believe that THIS is how you measure success, or THIS is how you measure if learning from a mentor is worth it or not. (Pssst… a mentor who has the results you want and can guide you past your bottlenecks and blind spots is ALWAYS worth it!)Here is a guarantee I can give you: THERE ARE NO GUARANTEES IN TRADING. 💯 Neither I nor anyone else can give you an honest answer to any of these types of questions. BECAUSE THIS IS ENTIRELY DEPENDENT ON YOU.For me as an educator and mentor and coach, my only job is to deliver the quality content enmeshed with my knowledge, wisdom, experience, and expertise, and provide my students with support along the way.Anything and almost everything else is entirely up to you, the trader.Don’t start this highly-rewarding and life-changing endeavour with the wrong mindset, or else you’ll be setting yourself up for failure even before your first trade.Because if you go in with such unrealistic or skewed expectations and goals, then 3 months, 6 months, and even 12 months in and you’ve not reached those expectations yet, you’re going to think that all this wasn’t worth it and that it doesn’t work, and you’ll end up giving up. 🥺

Let’s be real 👇There isn’t really such th

Let’s be real 👇There isn’t really such thing as work/life balance at the beginning of your journey. It takes about 2-3 years of focused work to get to the position I’m in where your profits are consistently rolling in with only 15-30 mins of work per day.But that trade-off is SO WORTH IT, isn’t it?Delay gratification at the start for 2-3 years while putting in the work to be able to enjoy the fruits of your labour, to be able to live a life of freedom and fulfillment afterwards.Easy mornings, afternoon naps, world travel, brunch on Tuesdays, beach on Thursdays...Everyone expects trading to look like this-It does, and it CAN be this way, but NOT in the beginning.Work hard at the start to be able to relax later. That was an acceptable deal for me.I didn’t get to where I am overnight. It took me 2.5 years of study, practice, learning more, and taking action consistently before I quit my job and retired from the workforce for good.But I didn’t do it with any unfair advantages or special magic tricks - just a burning desire to make it work, so I know you can do it, too.But to expect “freedom” in the beginning when I was learning and getting good would have been a mistake, because then I would have quit when I didn’t see “work/life balance” after 6 months.The alternative is to stay in a job you hate and want to escape from for the next how-many-years until you can retire? Do you really think 2-3 hours of work each day to build your dream life is too much to ask?Work/life balance is your REWARD for showing up and committing to the plan.If you’re on the path, stay committed and keep going 💪It doesn’t take a long time, but you do need to put in the effort.You got this 👌