Kardec TraderFutures Trader. Creator of The Midas Touch. Mentor

Don’t Get Into Trading If You’re Looking to Make “Quick Money”

13 Jul 2023 · 0 min

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0:23

A short transcript excerpt from a YouTube video by Kardec Trader advising viewers not to enter trading if they expect to make "quick money." The speaker recounts hearing new traders claim they will turn a $1,000 stake into $5,000 in about 30 days despite having no prior experience, and warns this is unrealistic.

I would also tell someone that is looking to make fast cash to not get into trading. If you're just looking to make quick money, right? Because I hear people like, if I start with a thousand, I just need to make $5,000 to pay for this. I'm like, have you traded before? No. Like, so you think in 30 days, you're randomly gonna start, get into the market with a thousand dollars and make $5,000? Yeah, that's what I'm aiming to do. And I'm like, it's not gonna work, man, but good luck.