Million Dollar Challenge
If you simply let one of these automated systems run (which might require a great deal of mindfulness), and you don’t pull much money out of your winnings, then there is a chance you will become a millionaire in the next several years. That's certainly the path I'm choosing to take. Doesn’t it sound fun to let an algorithm make you a bunch of money?!
The key is in the compounding and for the compounding to work you have to let the system keep running. All the codes I offer have compounding built into them.
I set up a calculator for you to see how long it might take to become a millionaire with one of our portfolios assuming they continue to perform how they did on average in back tests.
Beware of the million-dollar paradox though...
Million Dollar Paradox
So with a lot of things in life, the more you want it and the more you push, the better your odds of success.
When it comes to the stock market, though, I believe many people are actually burdened by wanting money too badly and they actually perform worse because of it.
The reason is that when it comes to the stock market, emotions are everything! So if you’re sitting there just dying to make a million bucks, and your whole identity is based on how much money you make, then every time you take a loss on a transaction you might get angry and upset because the money matters so much to you.
If the emotion is extreme enough, then it can easily cloud your judgment. Probably every single person who trades in the stock market can attest to this. You get so upset about a trade that suddenly your rational and sound strategy gets thrown out the window and the emotion takes over and guides you into decisions that don’t correspond with your original rational and sound strategy.
Next thing you know, you might be losing money again while your original strategy makes a profit, and then you’re furious that you didn’t stick to your original plan.
The bottom line is this: if you want this money so badly that your emotions are going to eat you up at every twist and turn on the path, then the odds are high that you aren’t going to make it to millionaire status even if the strategy and system are totally sound. The reason is because your emotions could prompt you to jump ship at the first sign of losing transactions.
There WILL be losses! I don’t care what strategy you pursue: if you're trading stocks or futures, every single strategy will have losses at some point! There are no exceptions. Obviously I’ve built portfolios that over 21 years of back tests had way more winning trades than losing trades, but without a doubt there will be losing transactions. So the key is to be ok with losses.
And that means: be cool!
And when it comes to wanting to become a millionaire, a way that helps you stay cool is to not want it so badly. If your whole perceived identity is based on your money, and you think the only way you’ll be happy in life is to be a millionaire, then you might have a really hard time with my program because your emotions might ride up to very intense levels when there are drawdowns.
But if you treat it more like a game, it’s easier to stay cool. If you can think of it more like, “Wow, what if I really could turn $30k into a million bucks in the next 5 years, this will be interesting to find out.” Then you’re looking at it more through the eyes of curiosity and seeing it as an interesting and fun challenge. If you don’t see the money as being life or death, you have way, WAY better odds of success making money in the market in my opinion, especially with these automated systems I built.
So the Million Dollar Paradox is: if you want to be a millionaire too badly, then it may never happen with this system. It’s just like that Chinese finger game:
(insert pic of it)
If you push or pull too much, it’s hard to succeed. You just have to stay cool and then you can succeed.
THERE IS RISK! This is a high-risk, high-reward program. You don't get a free ride to a million bucks with this service. It's hard to get there, specifically hard to handle the emotions of dealing with drawdowns. And there is also risk that something could go wrong, even despite all my rigorous back tests, and you could lose everything (and so would I since I’m running the same portfolio!). Based on the last 21 years of data and on the battery of statistical tests that I run, I’ll tell you that it would take a very rare, never-been-seen-before sequence of events for you to completely lose your whole account, but that doesn't mean it can't happen. It most definitely can. So you have to be sure you're only risking money that you can afford to lose. By that I mean: make sure that if you lose this money, you aren't going to be getting ulcers or putting your family’s wellbeing at risk. Don't use your safety fund for this purpose! This is a high risk, high reward approach. I've done the math and feel great about the statistical strength of these portfolios, but you still have to be ready for the worst and be aware it can happen.