How I make money on margin, day trading Forex and Commodities – week 1: tl;dr I’m up 75% profit in my first week

Let’s be honest guys, we basically all want to make money.
Society has trained us up to be money-centric. The bottom line is the bottom line, meaning the goal of most of our actions is to get more money. Money has been designated the proof of work, the symptom of success. It is the lubricant to all departments of life, including happiness, pleasure and satisfaction.

There are exceptions of course, but in general TPTB (the powers that be) have groomed us all to chase the buck. The buck gets us all the rest, anything we want, so the buck is our goal.

I’m not saying this is good or healthy or correct. I’m saying it is the reality on the ground in our current society and has been for millennia. It may actually be a sad truth, as it sometimes leads to numerous vices and degradation in the pursuit thereof.

Still, this is the system and so we play by its rules. We even sometimes put “mammon” above mankind based on these distorted rules.

On the other hand
we could also say that in playing the game of life, we are all incentivized. That is human nature. And the rules of the game make money the lingua franca, the medium of exchange by which we determine our success at playing the game.

Money even buys you friends, position, fame, sex, health, toys – anything you want to boost your dopamine or serotonin. Everything has its price determined in money. To be honest, I even got into blockchain technology and cryptocurrency for the money.

Such is our programming.
I’m not saying the goal of life should be money, or even happiness, which are by-products, because the real goal of life is...

self-realization

and that is free. That does not require a cent. That is inborn, internally discovered and available to all who know the techniques of self-realization, taught in the ancient sacred literature of the world and mystery traditions from various cultures.

I, for example, practiced and trained as a monk in saffron robes under other monks and “sanyassis” in India and at home for a decade in my twenties, without the need for much money. But when I needed to fly to India to learn more, I did need money after all. I could have stayed home and still become enlightened, but I’m not that advanced.

Now who among us even tried to know our higher selves and attain that goal?
Most of us simply studied so we could get a job, to get money, which allowed us to attract a mate and procreate, make a nest and follow our instinctive biological programming. We are hardwired like that and can’t do much about it.

Well, I have traveled to the east,
learned from holy men,
trained for 87 000 hours or more to attain the goal of life beyond money.
And I had some success, but here I am, back in the land of the lolly.
I want both enlightenment and money to be whole and balanced.
It’s all potential energy at the end of the day.
And, other than “prana” or “chi”, money has the most potential in it,
is the most fluid token of exchange, with fully fungible qualities.
It can be traded for anything, so is potentially anything you want it to be.

Now in my glimpse at enlightenment
I have had insights that have enabled me to attract money as a by-product of my progress on the path. Maybe it was just my wits, but one thing is sure - I desired it and it came to me.

Now I’m going to tell you how
so that you too can tap in, because there is an unlimited amount of it out there. It keeps getting printed every day. Every time a bank loans out the cash for a house - $1 million at a time – it creates money out of thin air. That is the illusory nature of this system we live in. The bank puts some figures into a computer and....

...ping

there is your new money. Ask any enlightened economist who has seen through the Keynesian model. Nevertheless (pun intended), we are obliged to play by their rules, and here is how I am using their system to capitalize, as they say.

If you’ve read this far, then you are a sincere seeker, with the attention span required to succeed

so here is my secret:

Become a day trader!

That’s it. Now you know. That’s how I’m doing it. I’m up 75% profit in my first week. I was up 100%, double my initial investment on the first day, but the learning curve was steep and whittled it away to a mere profit of only 75%. You will hear long-term investors telling you not to day trade, and there is good reason. It is very risky. You could lose it all just as easily as double it. But then, the higher the risk, the higher the reward. Nothing risked, nothing gained.

Of course, it’s not quite that easy.
I had to spend the past year learning the day trading skills to achieve this success. I started my financial pursuit only 13 months ago, when I came across cryptocurrency and began learning TA (technical analysis). So it actually took me a year to acquire the skills to make the profit I made this week. I started as a novice, buying Bitcoin and then some other cryptos.

That is the easy route if you don’t have the knack or the time (another priceless treasure you will need to invest, that money will never buy). If you just become an investor, you can still make good money because you are using that one secret strategy...let your money make you more money. That requires much less time investment really.

I bought some Bitcoin, and learned day trading from YouTube videos and websites for free.
Then I opened accounts on crypto exchanges, local ones who accepted my fiat currency, and then Binance, and made some profits using TA indicators, like
Fibonacci retracement,
moving averages,
RSI,
support and resistance, etc.

But after some months the price of bitcoin has dropped more than I could keep up, so I will need to wait possibly a year for that investment to mature as I “hodl”, and mature it (probably) will, quite substantially apparently, if the past is anything to go by. But it may not. That’s the risk of any investment.

I also bought some silver
physical coins, a few years ago, long before I discovered crypto. That is also a good investment. It generally keeps its value even when fiat depreciates, as all fiat does in the end...to zero in fact. Thank the Keynesian inflation-based model for that. So there are ways one can make money in the long term by being an investor.

But a day trader is something else. And I am now making more money, week on week, as a day trader than as an investor, without actually buying anything, leaving the house or going anywhere, or breaking a single drop of sweat.
I’m simply sitting down at my laptop and logging in to my particular margin trading website that I stumbled across last week randomly, and investing a few precious hours admittedly, to make more money with my current money.

I am metaphorically sweating of course, during my trades, as it is high risk and the situation is highly volatile, but I can handle it. Not everyone can. You need to be able to take emotions out of the equation and have an advanced degree in detachment, have equipoise in loss and gain. This type of trading is more for the personality types that become pilots, fire fighters, policemen, brain surgeons, etc. Anyone who can function under a high degree of risk and keep calm under pressure will succeed here.

So admittedly it’s not for everyone. Others may prefer long-term investing, but if you have the nerve, you too will make more money in less time with less effort than you ever imagined.

I will leave it there for now, don’t want to go on too long.
But if you’re interested, I will continue telling my story,

“Diary of a Bitcoin Babaji”

as a case study, with more details in the next post. You will need to tune in again next time. I will also be posting my progress on a regular basis, as my money grows....or shrinks of course, so that those who seek to make it out of the hard struggle for something that is so freely available, can also benefit from my gems of discovery. After all, if you find a way to succeed, you should share it with others, so that we all learn from each other and grow together.