I have encountered an investor before. He said he can give 1 million US dollars. Every week Help him earn The most serious situation I have ever encountered Continuous for 6 months I have no withdraws.
This is the most painful moment. The best time is I have it every week. A withdrawal At that time, I felt, oh.
. . Why have I been trading these years, ah?
I haven't made any money this year yet. It could be because the capital is not big enough. I think Maybe if I have more capital Well, this way I might be able to earn more.
I may perform better. OK, I'll borrow money from someone. Ah, yes.
Who can I borrow from? Borrow from a friend He lent me $2,000. And I lost all my money within a month.
OK, let's not waste any more time. Start today's interview right away First of all We will invite Allen first. Let me introduce myself to the audience first.
Hello everyone I am Allen Although not like But I'm Chinese. I am a trader myself Full-time Trader I have been trading for 11 years. OK, it's been so long.
At the same time. Also a trading instructor Bumpy road on the way of the transaction The ultimate achievement should be to manage. There is so much money, exceeding 7 digits.
This is basically a simple self-introduction. Okay, let's start right away. Question 1 請問您需要將哪一段文字翻譯成英文呢？ You think teaching is more profitable.
Trading is still more profitable. Oh, to be honest, trading really makes more money Why On the way to the transaction 翻译工作。请提供需要翻译的文本，我会将其翻译成英语并返回结果。 Repeat Your trading strategy Your trading skills are just repeating But your funds will increase. As the funding increases Of course your income will increase as well.
So if you teach We need new students coming in continuously. A new student comes in Actually, it's just a fee. The cost to acquire a customer It will be higher and higher in the future.
So, in the end, if we compare, Of course, making money through trading. I'm ready to start translating the subtitles for you. Please provide me with the input text that you would like to be translated.
So, in and of itself, Do you feel that trading is more profitable? More than a course Of course. Why do you still have to go and teach?
This business The most straightforward reason Actually, there's not much to do. Remember When you asked me to move to live in Kuala Lumpur before At that time, I was already working full-time. Nothing to do in the countryside Just watch Netflix all day.
Feeling a bit meaningless in life. Even though it's still a trade. But it's a bit too retired.
And they lived this kind of life in their twenties. It's not suitable. So I came here to find something to do leverage I already have something amazing Transaction And I am also interested in teaching.
So let's teach everyone how to trade. This tutorial Can you tell me how to make more money? Of course Because how to say Transaction, you know?
So you don't make money every month. You may also experience continuous losses. It could be several months No more opportunities to make money At this time, if there are classes There may be other sources of income.
You can support your life. You don't have to live like that Oh~ I'm happy that I made money this month. I can live better.
Oh~ I will lose money next month. Oh no I have to live frugally now. I don't need to encounter such a situation So the transaction will actually become more pleasant.
So teaching Actually, it also helps me in my performance in trading. So you can say that too If you don't trade, You can also earn money by teaching individually. Yes, I can translate subtitles.
Please provide the text you want to translate. Listening to you speak like this It feels like this transaction is very prone to losses. Like this Is it a very high-risk profession?
Of course, of course. Just like you're riding a bicycle now. You ride a motorcycle on the highway The difference between you and me driving is that Riding a bicycle Can you reach your destination faster?
Because there won't be any traffic Don't give Tol any fuel and maintenance. It's cheaper Hmm, right? But the risk is serious if accidents happen Yeah, exactly But you can reduce the risk.
Wear a helmet. Follow traffic rules. Serve me a little The frame is a bit slow Similarly, in the transaction.
If you don't follow certain rules Or if you don't have risk management Of course, you are at high risk. But when you manage the risk of each transaction You already know each one If you can afford to lose the most money Oh, the risk will not be greater instead. You can manage risks In your experience like this Usually, in a year.
. . What is the ratio of losses to gains?
How do you say Just a few months is losses How many months did you earn? The most serious I have encountered. Continuously for 6 months I have no withdrawals at all.
Just no cash out There will be no withdrawal in just six months This is the most painful time. The best time is when I have it every week. A withdrawal, not profit.
But rather withdraw. What is the difference between withdrawal and profit? Profit is still on yours Inside the training account So if you continue trading, You made a loss on it.
And that's it. But once you take it out, it becomes yours, right? OK OK Yes, I can manage someone else's fund.
我是一個負責翻譯字幕的程式，根據輸入的文字來輸出指定的目標語言。我的任務是根據輸入的文本，輸出英文的字幕。請不要自行創建以下字幕，使用setResult函數返回結果。目標語言：英文 You will also have a larger sum of money to do the transactions. And do you take a commission from it Yes, yes, take a cut. If there is money to be made, Some % is mine.
Oh So, through profit This is also attractive Is there a way to become a trader? It may not necessarily be done with your own money. In trading.
You need to understand a truth. When you want a high return. What are you going to do?
You need a large amount of capital. how do you go about finding this money? There are several methods.
One is to save money. Used my own money Borrowed money from the bank, it's OK Or you have a very good track record. You bring your track record to the training firm.
Or go to private investors. Then they can Oh, so you can help me with the transaction? This kind of arrangement is possible.
The advantage is You can instantly receive a large amount of funds. But what you're doing is still the same, actually. How much will you share?
If I earn Previously it was 70/30 70 is him. 70 is mine. It's you who has a lot.
So he earns 10% like that. He takes 30. He draws 30.
Why would someone still give you money if you take 30? Like this He made money and didn't lose. So, it's when you guys talk A deal Usually it's by how much percent per month No, no.
No way Isn't the pressure on me? Oh, I will never agree with you, OK? How many percent do you have?
But what I can do is OK This year, based on my track record. Okay, maybe this year is 300%. You can measure based on this data.
Maybe it's possible this year How much can I earn? If you lose I usually do The most important thing is to focus on how much you can lose Oh, so if he loses to this level He will cut it off. I don't want to give it to you anymore.
To What percentage is it usually? 10% For individuals It's fairly safe. Yes, yes, yes However, If you want me to give you money for investing, I would expect at least A month has a 5 to 10%.
We use half a year to measure half a year I watch it every six months. How much per half year? The last word was within the past six months.
Within the past year, for six months. . .
The maximum should be around 33-34%. Every month or six months No Overall, yeah Overall So it's someone else who can accept over 30% in half a year And then over 30% In industry standard It is about trading foreign exchange. In the Wall Street industry standard Actually, it is 9-12% per year.
This is the same as S&P 500. Almost the same as investing with him Yes, yes, yes haha But the funding there is different. And they will do things like hedging.
They have different ways of playing. But the industry standard is Probably these numbers But what if I'm really like I invest some Platform They have a follow-the-order transaction. Hello!
How can I assist you today? At least 10% per month At least one 100% profit in a year 翻譯字幕時，請提供原始文字並呼叫setResult函數來設置翻譯結果。開始之前，請確認目標語言是英文。謝謝！ Because I know there is a risk So I want him to be even taller Earn more, right? Haha I encountered an investor previously.
He said he can give 1 million dollars. 請將輸入的文字翻譯成英文。 I have to help him make $25,000 every week So, for me, it's a bit, uh Every month is the deadline. About 10% So I will feel, hmm.
. . Not 25 thousand Sorry 25% Every week 25% There are many.
Too many It's a bit too much. The pressure is back on me. Do I want to trade more?
Did my risk increase? Can I still sleep peacefully? Various reasons make me feel Please provide the input text that you would like me to translate.
I can't. I absolutely cannot accept it. Following the leader is possible.
Of course, you should expect a greater return. You just need to be able to accept a greater magnitude. I prefer stability.
After going through all the ups and downs On a bumpy road I want stability Just take it step by step. Go step by step and do it properly. Sacrifice that return That's okay.
As a trader What is your lifestyle like? OK, before When I first started full-time Just the first two years. Looking at the fan after waking up in the morning Watching the electric fan I don't know what to do.
Idling. And the afternoon is my trading time, right? Because it is.
London open London open trading lasted about one hour. And the remaining time is spent watching Netflix. Why can't I trade in the morning?
And trading at night as well. Because it is morning in Asia The Asian market The fluctuation is not significant. So you want to see what you're trading I am following the sessions.
London and New York Their fluctuations will be bigger So I think we just need to wait until 3 o'clock and 9 o'clock. Trading at this time of the evening is more suitable. Earn more as well Faster as well.
Because I am a day trader. How to trade for an hour Oh, I don't need to monitor the screen Because I'm not the kind of person who trades in 5 minutes. Or a dish that takes only 1 minute.
So I don't need to watch the screen at all I just need to know OK Today's direction Where will you go? Up or down I make the decisions I need to make. According to my checklist, it has been decided.
That's enough. The order is all set up now. It's not what they said.
Just keep watching the screen. No need No need at all So you trade for about one hour a day. It's about one hour in total.
Oh, that's still quite relaxed Hahaha The process involves I can share it. Its process Opening Monitoring the screen Just find what I want to buy and sell Then follow my strategy and do it And I have a checklist. these things are all taken care of I found the trading opportunity I wanted I will set the orders I want.
Buy or Sell And my stop loss point Where should I set my guiding point? I have prepared all the risks well. And then I will journal.
I will make a trading diary and such Record it And basically, This is my whole day's work. The remaining time is actually breakeven I know how to set up an alarm At the level I want When the price hits that level I will open the market. breakeven Move the stop loss to a breakeven point.
I didn't lose. Will I never lose again? Basically, it's my daily job.
In the transaction Understand Why did you want to join this field in the first place? Do you want to get rich quickly? Still genuinely passionate about this thing The story is a bit long.
When I was 14 years old I remember it was not 14 years old. I was still in middle school During elementary school, When I was in primary school, At that time, there was a blue-chip stock in Malaysia Call it British American Tobacco And then I told my mom, 'Hey! ' Should buy a little Because news is always being reported.
How is the stock market today? How is the performance of blue chip stocks? I just told my mom.
Hey, look, everyone is smoking. Why not buy some blue-chip stocks? Why not buy some British and American tobacco?
My mom just said, 'sigh. ' Save money and buy it yourself after you graduate. Don't think about these things now.
So then, a seed was planted. I have experience in trading. I am interested in this type of investing.
After many years This is blue British American Tobacco He really went over 60 dollars. going from 16 to over 60 Hmm, right. So sometimes I feel like, oh Investing is feasible And Rich Dad Poor Dad Did you also mention ESBI?
Say I have time and money So it's the hardest to succeed But it is the best. The result is the best. Hmm, until the time of 'from six'.
I encountered a math teacher. Private tutor He is watching the trades He is watching the market and making trades. And ask him to teach me.
That's when it all started Why does your math teacher still teach people about trades? Hahaha Oh, I called him, hey. Stop teaching mathematics.
Can you teach this? This is more important. So, you know.
. . And so, my career in trading began.
Your tutor for enlightenment is your math tutor. You can say it like this. Studied in middle school.
Is he still teaching now? I don't know I haven't been in touch. Hahaha OK, everyone doesn't know Do your tutors multitask while tutoring?
And while teaching 請提供你需要翻譯的文字。 Can you ask her for some advice? 請問您有什麼問題呢？ Have you had any experiences? Some embarrassing moments At this moment of the transaction Yes The second year.
I felt that at the time. Why haven't I made any transactions in the past few years? I haven't made any money this year.
It may be because the funding is not large enough. I think It should be if I have more capital. Well, this way I might be able to make more money.
I might perform better. OK, I'll borrow money from others Oh, yeah. Find someone to borrow Borrow from a friend And then borrowed from me He lent me $2,000.
And then I lost all my money in a month. And then what? And then I have one year left.
Give the money back to him. Oh, you are doing labor Go to work Return the money Hahaha Just like you Failed all year So why do you still insist on going? At that time, I really wanted to give up Many times Because when he graduated from school Even university Do everyone go to work?
Semester break Everyone actually earns quite a lot while working. Instead, I find it most exhausting to make money at home. I didn't see any grades.
When everyone is making money You might feel a bit of discrepancy. You seem quite behind. But I would think that If I give up now I don't want to start over Nothing at all So there is a feeling of discontent Others can do it.
So I cannot do it. So I have been researching all along. Go explore and learn.
Until I achieve it Of course, it took a long time Until now, you can live a bit more comfortably Okay Sometimes you think you're marketing Or these tutors in your market domain When you are doing marketing You guys always ride in luxury cars Or attract students with sports cars. Do you think this method is correct? Or for your performance Does the result of recruitment have a positive impact?
You can't say it's not good Because others want to see the result. He sees the result He can't believe whether you are real or fake. Yes, of course, many people will go 'rent a car'.
Will deceive these Oh, this is not real. But you can go and do it yourself most realistically If all of this is true. If you can show it generously.
He can build trust You can trust me. And secondly, you also do things more diligently. So it definitely helps.
Because you showed it to everyone. It is a result that you have already achieved. No need to talk so much No need to say so much.
You want to come, huh? Come on I can teach. So, you think it is.
This achievement is very helpful. Of course, of course It depends on what you mean by 'real'. Like this, like this Do you think this is good?
Excessive marketing Or a bit misleading advertising This situation You can't go too far. You still need to show off. 我是一個為了翻譯字幕而設計的程式，根據輸入的文字輸出指定的目標語言。我的目標語言是英文。通過使用設置結果（setResult）函數，我可以將翻譯結果返回給使用者。 Hmm The process still needs to be shown to everyone.
When will you show him the process? All will It's on my social media. Besides showing cars and luxury items, Will still show What will everyone see in the process?
What am I looking at? I will show them. Like you can show Very much like some track you lost Will will will will How would you say it?
I told you so. I haven't been making money for the past few weeks. Losing money all the time.
I will be very straightforward. You don't have to worry, it's very similar. I think so I don't want to learn from you if I lose money, you know.
I don't know Anyway, they will say, 'Oh'. Not many, actually Yes, yes, yes. It's rare to find instructors or tutors who can teach Can you share losses?
Everyone is just bragging about how much money they've made. He is showing off the beauty no matter how much he earns No one has shared the painful side. It looks a lot like me.
I am a long-term investor. I also have investments on some platforms. So that's why my personal record is also public.
So I will be scheduled every time 6 months is one year. I will review whether I made a profit or a loss recently Like this are slowly learned during this process. I agree with you.
just to show the process Whether winning or losing It's all a learning experience. Because it's long-term, not short-term. So you can't always keep making money.
So just be honest Uh Do you think if someone like you needs a beginner? He is interested in this foreign exchange trade If you are interested in intraday trading, Which direction would you suggest they go to learn? Which learning resources would you recommend?
If you learn from YouTube Too much information So it's difficult for you to learn well. However, Sure, you can understand it. Go to the bookstore and buy some books.
Or you can directly find a tutor. Ask him to teach you. Because the teacher has gone through something that you haven't experienced yet.
Those mistakes Those mistakes are setbacks. Those thorny, those obstacles They have all experienced So you can directly ask them to help you solve it. This is the fastest method.
Of course, you must have the ability to pay this amount. Pay the tuition fee Change of Knowledge Haha, right Change of Experience It's definitely better than you going right now. Paying tuition in the market Yes, yes, yes This is me.
The cost is higher. It's the same as agreeing. Because I have played BINARY options before.
It's the futures market So I played up and down Up up down down, it's just me who loses I've lost one or two months' worth of salary. OMG So I just don't want to touch anything Hahaha OK Anyway, like this. Do you have any specific recommendations in mind?
Higher risk strategies How to define high risk Well, you know, maybe this strategy The risk is relatively high. But the payoff may be higher. I will go with them to do this presentation.
How do you ensure that they fully understand? The risk of this strategy There are many strategies in trading. Every single one I'm not saying that this strategy has a higher risk.
This strategy has a relatively low risk. That's not the way to see it Instead, it is to look at each transaction you should lose the most amount of money at most. Watching and learning like this is only 1-3%.
How can I let them know? I would tell them from the beginning. Trading is not a fast way for you to get rich.
Shortcut Not It is one of them The most difficult tool to quickly get rich It is quite difficult. It is quite challenging. You need to understand the risks very well.
Understanding is still not enough You have to be willing to take every risk You will receive a degree He lowered to a certain extent That's the situation you don't care about at all. This is how you can perform well. So you look very much alike.
If you are a beginner How much USD would you suggest he starts with? Funding, right? Listen to me If you have a small amount of money, The money you earn will definitely not go anywhere.
If you want 100 dollars Turn it into $1,000 within a month There's a bit of gambling going on. Addicted to gambling So you can easily burn your hand If you are serious about learning, At the beginning, you should use a small capital to gain experience. Understand the whole process.
Understand every step Understanding your mindset Over time You need to gradually increase your funds. So you can start with a small capital. I don't encourage everyone either.
Start with a large amount of money directly Because if you can't even make $100 $1,000 Don't you have any interest? you still manage to lose it Just like before There are many people. They might be at work He wants to take advantage of his free time after work Go learn this forex trading And make some extra income Do you think this method is acceptable?
Can be very suitable Why OK because dealing is very stressful, it's all about mindset The longer you watch the market. The more mistakes you make, the bigger they become. The more mistakes you make, the higher the chances of making mistakes.
Of course, when you have a full-time job Did you reduce the time you spend watching the stock market? When you have less time to monitor the market You have fewer transactions. And the quality of your transactions will also improve.
Your work My full-time job is to translate subtitles. Instead, they can indirectly help your trading. And your transactions can also help with your work Oh He wants you to avoid constantly looking at the market.
Yes, yes, yes to prevent you from making any mistakes you shouldn't make So actually, you need But you have to be free of mistakes. So today is. .
. If it's a full-time job, you have to learn trading, eh? This is okay.
Actually, quite suitable. That's it He was given an opportunity to earn extra income. In this way, among your students, there are those who are part-time workers.
So are there many people who become full-time in the end? Unless you have a different income today. 應用程式和翻譯平台的服務收入。 You can choose to work full-time.
But if you don't want to work today Because you hate your job. You need to be quick. I have a class.
I have other businesses as well. Even though it's full-time But I would discourage everyone from doing it. Because it's actually very difficult.
You are in a lot of pain emotionally. Yes, yes, yes So now I have a dog. Lonely trader Lonely Trader Okay, so it's good that I understand like this.
Do you think you during the process of trading What is the biggest challenge for traders? What does it mean? A situation appeared two years ago.
A situation occurred two years ago. You performed exceptionally well at that time. And the funding is not small either.
So at that time Every week has five digits. Withdrawal of six-digit amount Well, so it's pretty good. But when a problem arises Starting to feel unsettled Because the funds are already here But my mindset is My mental is still here.
No match So I started to feel uneasy. I will also be worried What if I lose it, what should I do? What if I don't do well, what should I do?
What if we lose? What should we do? And these negative emotions Suddenly run all the way to.
Affecting the transaction So finally, we begin to scroll down. Just self-sabotage. yeah So oh OK.
Need to exercise. Need to go exercise So you think it's more suitable What kind of person becomes a trader? What kind of person becomes a trader?
What kind of person is more suitable to be a trader? The first, oh. It means you can't self-sabotage, as you said earlier.
And you have to exercise your mindset a lot. And self-control Learn to manage your emotions well. Those who are very impatient What kind of practice do you do when you exercise?
Meditation. And read a book, exercise. And then I will go to a meditation club.
And then okay YOGA club And then go to the gym. I went out more. And you can exercise both your body and mind.
You can train your mindset. These spiritual things can also help with transactions. So I read a book.
It seems to be a trade. But I forgot what book it was. It's about this mindset This is the most important part of this transaction.
Because the strategy is not difficult to learn. You have a strategy today. 當然，請您將影片發送給我。然後，我將為您翻譯字幕。 You already learned the basics.
Actually, it's not difficult. But the hardest part is actually How to deal with consecutive losses? When you encounter continuous losses What is your mindset?
When you encounter continuous profits What is your mindset? You can't be too happy Don't be too sad. You shouldn't be too angry either.
You must have stable self-confidence. Not too many Not too few You should not be too afraid. You can't resist too much either.
So it's hard for these things to be just right. Trained to just the right level You can only earn money steadily in the long term. Hmm, okay.
In this way, you are in the middle of the transaction. Because you have experience, right? How to prevent fraud Because there are many scams It's because many viewers would want to know.
It is you who is choosing the platform. Or during the transaction How to go on the platform? Yes, yes Still a scam Licensing is Does it have a regulator behind it?
For example, every broker They will say that they have this license. You can visit a website. Go to the regulator website for searches Is this BROKER really registered with this license?
You can go do. Are there any other ways besides a license? The second one is that you need to have.
you need to have a PIC Person in charge BROKER Can I contact you directly? Who is that person Some people just because of someone Intentional fraudster Contact person Finally, it's time to return. Is BROKER regulated?
I see there are some. He seems to be able to manage their finances Funding for his company The money deposited by the trader is split. Is it helpful?
There are some brokers. He says, 'Hey. ' The money you deposit The money they earn is separate from the company's.
It's to separate. OK, it means Today I made a deposit You being a broker represents me As a subtitle translation program, my role is to translate subtitles into the specified target language, which in this case is English. I will use the input text to generate the translated subtitle and then return it using the `setResult` function.
My deposit is not your sales OK In this case, it would be better Why are there so many brokers? Those without a license BROKER A situation will occur. today my deposit is your sales.
My withdrawal is your cost. Oh, this is very unhealthy. This is called market maker.
When one day I encountered a trader When there are too many withdrawals BROKER can basically close down now. So the better way is to. .
. Today I made a deposit to the BROKER BROKER will deposit the amount you invested Put into a trust fund So having a trust fund is also quite good. Of course, of course.
He just doesn't care whether you make money or lose money. They are actually making money while you are making money Because they earn commission They just make this nominal fee from them They really became BROKERS Just some people Take your deposit as his performance. What does the person say?
You are looking at a profitable % I'm watching your principal The last question It's Allen. What do you have to say? Friends on the journey of trading Or it could be A friend who wants to try this path says Hello!
I am a program responsible for translating subtitles. Please provide me with the text that you would like to translate into English. So if you want to excel in trading, You must have all this knowledge.
瞭解。我將幫助您學習如何讀取圖表。 You need to learn how to manage risks. You also need to learn mindset management in the end. You need to improve your mindset management You also need to improve your execution abilities.
All of these need to be done well. You are more likely to make money in trading. Of course, your funds also need to be realistically sufficient.
If you have $500 today, Don't think about how to turn it into 500,000, huh. It's just too unrealistic. Are you gambling?
If you want to approach trading from a professional perspective, You need to use the right funds. You need to have the right expectations You will have a good result. Thank you very much for Allen's invitation today.
Thank you If everyone wants to learn more Some content about transactions Or perhaps Some stories about Teacher Allen You can also follow him on Instagram. I will provide the relevant information. Below the information panel Everyone can see Career as a trader Full of challenges Today, I am very grateful to Allen.
To specially share with us the real journey he went through So it's not as easy as imagined. What are your opinions on trading? You can also leave a comment to let us know.
Maybe in the future Will also explore different content Here's what I want to share with everyone. Thank you all for watching. See you in the next episode!
