MT
@MonacoTrader
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#Business Owner ( #Technology #VC & Global Financing Solutions) Entrepreneur. Real-estate #Investor . #StockTrader - #Supercars & Watch Collector. Global Citizen.
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Joined July 2014
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Pinned Tweet
Learning trading means living a few years of your life like most people won't,so that you can spend rest of your life like most people can't
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In the financial markets, what you see is not always what you think...
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Uber driver: ...........
Me: ..........
Uber driver: ..........
Me: 5 stars.
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In the financial markets, what you see is not always what you think...
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Pro tip: The salary is the bribe they give you to forget your dreams. That is OK. Take the salary. Save up. Start something. If doesn’t work, re-evaluate, start something else, make it a success, diversify. Repeat. Once you are up there, don’t forget to send the elevator down.
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Pro tip:
Don’t forget how badly you once wanted what you have now.
Be grateful.
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I raise my glass to all the struggling traders out there with a strong learning attitude.
Your family tells you to quit.
Your best friends tell you to quit.
Your bank account tells you to quit!
You are still here, you are still fighting.
I salute you!
Cheers your future!
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Proud to announce that I managed to get a slot and just ordered SF90 Spider from my local Ferrari dealer who I buy from for many years. Deposit paid!The car due to arrive in 2022. It will be a long wait but will be worthed.1000hp monster of a beauty! Will be fastest car I owned😍
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I am extremely pleased with my boat. Thanks for all your support and kind comments guys! I wish you all the best luck of achieving your own dreams. MT 👍
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Maths question. You have $20. Your wife has $5. How much does your wife have? Answer: $25.
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A dream written down with a date becomes a GOAL.
A goal broken down into steps becomes a PLAN.
A plan backed by ACTION becomes REALITY.
SUCCESS is a decision, not a gift.
Start. Today.
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I am now the very proud owner of a Lamborghini Countach.A childhood dream poster car. This is the 25 Year Anniversary Special Edition. Not only mechanically perfect but also a great appreciating collectible asset. After some minor preperation will be delivered next week. Proud 🙏
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If you & your business is affected from
#CoronaVirus
and if it is putting a serious financial strain on you&family, dm me (comments below will be ignored). Age, sex, nationality doesn’t matter. I will be helping out to limited no of people in real need in this difficult times.
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If you want to do something extraordinary with your life, stop asking yourself what is the least you can do, but instead ask what is the most you can bare. Work harder than anyone you know. New family member arrives home.
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When you see big profits & shiny things, what you are not seeing is:
-3 university degrees (Beng,Msc,MBA)
-Years of grinding (owning multiple businesses & diversification)
-Taking big risks
-Trading experience since 1999
-Countless hours of stock research for each swing play
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Pro tip:
Take it or leave it.
Trading alone will not make you wealthy.
Trading can make you wealthier if you make it one of your income sources.
Diversification brings you wealth.
Build multiple income sources.
It is not easy it takes years.
Start Early.
#StartToday
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Pro tip:
The day you plant the seed is not the day you eat the fruit.
Be patient.
Keep at it.
Learn from your mistakes.
Write down your goals.
Ignore the noise.
Focus on you.
The only person can truly change your life & transform you is you.
See you at the other side.
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Pro tip: Spend LESS time trading, MORE time researching.
Do NOT overtrade,revenge trade, boredom trade,FOMO trade.
Become a binary machine.
1 = my setup, I trade
0 = no setup, no trade
Do this for a week first,then 30 days then for a year. Be patient.
Win your ego. Win in life
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If you are a Ukrainian and if you and your family affected by the ongoing war and need funds for food and shelter than please contact me for a donation.
Ps: All serious enquiries will be considered and checks will be done.
#Ukrainehelp
#UkraineDonation
#Ukraine
#UkraineWar
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Pro tip:
You might think that when you make your first million, you’ll be content & feel successful.
The truth is when u make your first million, u just start to realise ur own potential.
This will give u an incredible energy that will drive you forward forever.
Get there.
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I trade since 1999. Over the years, so many trading friends have ‘disappeared’. Very few are still trading. Trading kills the bank accounts of 95% traders.
Success comes from the following:
- Finding your own niche
- Self Discipline
- Having & following a trading plan
- Research
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Most new traders want massive wins from day 1.
A profit is always better than being in the red.
$50 profit a day means $1000 extra a month for you and your family. Think about it!
If you are a trader,you will chase consistency.
If you are a gambler, you will chase big money.
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In response to CoronaVirus, we have decided to offer all our services COMPLETELY FREE OF CHARGE in these difficult times. Membership to all our services including Premium service & all widgets are now FREE! Hope this helps-join us at: from tomorrow morning
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1998: Yahoo refuses to buy Google for US $1 million
2002: Yahoo then tries to buy Google for US $3 billion. Google wants US $5 billion. Yahoo refuses.
2008: Microsoft offers to buy Yahoo for US $40 billion. Yahoo says no.
2016: Yahoo sold to Verizon for US $4.6 billion.
$AABA
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In trading, the four keys to success are experience, consistency, discipline & patience.
Unfortunately none of these can be bought.
There is no fast way.
It is not for everyone.
Very few will succeed in the long term.
That is what makes it even more special & rewarding.
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What brokers have done today to their clients is not surprising but totally disgusting.
Free market? Never truly existed, it just got worse today.
Everyone should play with the same rules.
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My wife brought our world map and a dart and said : “Watch. I will throw the dart & wherever it lands—that’s where we are going for two weeks after this pandemic ends!”
Turns out, we will be spending two weeks behind the fridge...
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Your no: 1 priority as a trader:
Year 1: Survive
Year 2: Survive
Year 3: Survive
Year 4: Survive
Year 5: Survive
Year 6: Survive
Year 7: Survive
Year 8: Survive
Year 9: Survive
Year 10: Survive
...
Ps: try to make some profit in between.
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Pro tip: When your wife says “What?” It’s not because she didn’t hear you. She’s giving you a chance to change what you said.
Be smart.
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His wife told him ‘once you finished watering the plants, we’ll talk about something I’ve seen on your mobile.’
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Many trading friends ‘disappeared’ over the years. Most of them blew their accounts multiple times and not trading anymore. The successful ones have a few things in common: 1)Serious risk management 2)Diversification outside trading 3) Adapting to new market conditions 4) No Ego.
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1300s: I’m dying from the Black Plague.
1800s: I’m 9 and work in a factory.
1900s: I’m young but off to fight in a war.
2000s: I’m offended.
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No one cares about your problems.
No one cares about your excuses.
No one cares about your dreams.
Until you take responsibility for your life, someone else runs your life.
Stop waiting for things to happen.
You have to go out there and make them happen!
Start now! 👊
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Pro tip: Good trades are like buses, if you miss it or if it is too crowded, there will be always another one coming. Be patient. Control your FOMO.
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Pro tip: 10 things you need to be very successful in life (whatever you do):
1) Believing in yourself
2) Taking Action
3) Being Disciplined
4) Putting in the effort
5) Persistence
6) The right attitude
7) A solid character
8) Sacrifice
9) Creativity
10) Gratitude
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The boat passed the survey without any problems today.Purchase is now complete!Off to Cannes in the second week of October to celebrate my Birthday on the boat.Will take a few weeks off.Another goal for 2020 is complete. I might do
@Traders4ACause
boating week giveaway next year.
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Pro tip: No matter how rich you are, you will get richer by having minimum amount of cash in your bank account(s). Make sure your money is working at all times!Dont let it rest! Invest wisely&buy appreciating tangible assets,never put all your eggs in one basket.Always Diversify.
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Trading's simple. Buy low sell,higher.Short high,cover lower.The hard part(need experience) are right entry, cutting losses&running winners.
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(And it is the end of the 1 month Digital Detox.)
Meet our new family member.
Surprised wife with this amazing 1970 Fiat 500L classic. Fully restored and so much fun to drive, too.
She was speechless. Welcome home Snoopy.
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Rules of success:
1) Take control of your life. NOW
2) Raise your standards
3) Add value, get more back
4) Skill up. Educate yourself
5) Be firm but kind at all times to everybody
6) Turn your passions into enterprise
7) Surround yourself with successful people
8) Kill your ego.
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Pro tip:
Die with memories not dreams...
To achieve your dreams, you need to do what other 99% are not prepared to do...
Focus on longer term goals from today.
Start diversifying!
Improve your circle of friends. Cut off the dead weight.
Always find a way, not an excuse!
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Pro tip: The goal is not about more money. The goal is about achieving freedom and live life on your own terms.
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My biggest fear is if I die unexpectedly, my wife will sell all my cars for what I told her they cost...
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Top 10 TRADING TIPS for trading success
1) Protect your capital
2) Protect your capital
3) Protect your capital
4) Protect your capital
5) Protect your capital
6) Protect your capital
7) Protect your capital
8) Protect your capital
9) Protect your capital
10) Protect your capital
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Teachers don’t make you learn.
Doctors don’t make you healthy.
Gym trainer don’t make you fit.
Your banker don’t make you rich.
At some point,u have to take responsibility for your actions & realise your success in life is your responsibility. No one else cares!
#StartToday
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New garage extension is almost complete...also building a man cave upstairs...should be all done before Christmas...very pleased so far...😍
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Most people do not listen to understand. Most people listen with the intent to reply.
Sometimes saying nothing is the best answer.
Listen more, talk less.
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@Jacob_Rees_Mogg
How about the dignity of the country? How about the dignity of millions who voted to leave? How about the dignity of Democracy in this country? We all expect a Brexiteer to replace Mrs. May and get on with the job and keep democracy alive!
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Pro tip:
Never rely on others.
No one caress out your success so you have to care.
Only you can change your life, no one else will do it for you.
Your success is your own responsibility.
Take action. Have a plan. Execute that plan. Destroy those goals.
#StartToday
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Truth about trading:
No one has all the answers
Losses are part of trading
There is no one magic formula that works all the time
Trading always evolves and you need to evolve with it
Statistically very few will ever be successful in trading
Difficult but highly rewarding
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An employee of mine with a good sense of humour just sent this to me...
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5 Golden Rules of Trading:
Rule No 1: Protect your capital
Rule No 2: Protect your capital
Rule No 3: Protect your capital
Rule No 4: Protect your capital
Rule No 5: Protect your capital
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Decide what you want to become & follow your plan.
Years ago, I decided to become a CEO,000,000.
Getting there was not an easy journey, had to do many sacrifices on the way.
But let me tell you this, If I had to, I’d do it all over again!
Start your journey today&get there👊
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If trading is not profitable,don’t change your broker,don’t change your computer,don’t change your charting software,don’t change your news feed. It is YOU that needs to change.Change your mentality. Leave your ego at the door and start accepting responsibility for your actions.
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A friend that I chat online alot asked for an advice how to become more successful. I said let me give you a hint. I’m still up after you go to bed, and up again before you wake up...
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ProTip: My NEVERs:
NEVER spend time with people who gives u nothing but expects everything.
NEVER stop learning.
NEVER stay in your comfort zone for too long.
NEVER assume.
NEVER settle with average.
NEVER let money run your life.
NEVER make promises you can’t keep.
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New family member joins the family....
#Rolex
116508-0013 - 18k Gold / Green dial.
More photos to follow from my garden with a glass of Champagne later! Very pleased. 😍😍😍
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Some more photos of the Ferrari SF90 Spider released..I can’t wait 😍😍😍 Back to the configurator....
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It was supposed to be a 30min run... 4 hours later....amazing drive with a good friends 😍
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I am starting my 1-month Digital Detox starting in the next hour as part of my 2021 goals.
I am out of all social media &whatsapp until 1st April.
My current swing targets (if they hit, assume I exited):
$BABA - $290
$CRSR - $43
$EGAN - $16
$WNDW - $3
Love & Respect to all 👍
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Tip: If you cannot do great trades yet, do small trades in a great way...it will add up faster than you think.
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When you become a more experienced trader:
- You have a history with many stock tickers. U know them well.
- Losses or wins do not trigger emotional outbursts as they’re just business overheads or profits
- You do not care what others think,u care what is written on the filings
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In trading, it is not about making, it is more about keeping!
To be able to keep what u make,u need to be consistent&do regular withdrawals.
My rule is to withdraw 90% of my profits each month&keep 10% to grow my accounts.Withdrawals are reinvested to biz&assets to diversify
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Things to remember:
The past cannot be changed.
Opinions don’t define your reality.
Everyone’s journey is different.
Happiness is found within.
Kindness is free.
Family is everything.
You only fail if you quit.
Have a plan. Work on that plan. Make it a success. Repeat.
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Pro tip:
Always wait for the best setups that you are familiar with.
Use the technology to automatically identify your setups. Once there, take advantage of it.
Simple but surprisingly very few actually doing it.
You do not have to trade everyday.
Cash is a position, too.
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All starts with an idea.
What separates successful people from others is the courage...
The courage to convert the idea into reality.
It is your turn this weekend.
Write down your goals!
Prepare a plan!
If plan doesn’t work change the plan but never the goal!
#NeverStop
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There is no perfect trading
There is no perfect setup
There is no easy money
There is no overnight success
There is no respect before its earned
There is no risk-free anything
Start focusing on you-the only thing you can fully control in life.
Your rewards will be limitless
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#Socialism
is a poison affecting young people today. They sell it as a solution to world problems. In socialism no-one wins but a few at the top. Tried many times & failed everytime. As Thatcher said,the problem with socialism is you eventually run out of other people’s money!
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Pro tip:
Avoid FOMO at all cost.
Do not chase popular stocks.
Focus on your own setups.
You are in the business of trading not Casino of trading. Treat it as a business.
Be disciplined. Be humble.
Plan your trade&trade your plan.
Ignore the noise.
Be a professional.
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Pro tip:
To be a good trader, you need to become comfortable with being uncomfortable.
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In trading,controlling emotions is more important than being highly intelligent.Not all highly intelligent traders make money consistently but the ones that can control their emotions & ego constantly make money. When you open the shop tomorrow again, leave your ego at the door.
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Why haven't you ever seen a Lamborghini advert on TV before? Because the people who can afford them aren't sitting around watching TV...
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If people are doubting how far you can go,go so far that u can’t hear them anymore.
Filter your circle.
Spend time with people who have a can do attitude.
Get rid of excess baggage.
Focus on your goals.
Have a plan. Make it happen.
Once successful, send the elevator down.
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Let me tell you something. Absolutely nothing beats having your own businesses, controlling your own destiny, making your own decisions & being your own and others’ boss. It takes huge sacrifices, discipline & time to get there, but in the end, it’s all worth it.
#ChangeYourLife
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Your brain is wired with mirror neurons, which make u automatically imitate the actions&emotions of others. If u surround yourself with successful people, you will feel&start to act as one. One of the reasons I share what I share on online media so u know what is possible for u!
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Bought a lake house for wife so needed to buy a car for me, too. Bought this Mercedes SL 55 AMG Special Edition with many upgrades. Will be permanently stationed in France. Look forward to picking it up tomorrow. 👌
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Pro tip:
When people ask what you do, just say ‘whatever it takes’.
They won’t ask again.
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Waiting for a few new twitter FURUs forgetting about the stock market holiday today and post mega profits on their trades from today...
Trust me it happens every time.
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Always keep your wife’s picture as your mobile phone screensaver for two reasons. 1) This will make her happy (happy wife = happy life) 2)when you face a difficult situation you can always look at your mobile and think “if I can handle her, I can handle this!”
#NothingCanStopYou
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Looking at the markets in 2020, this is EXACTLY how I feel...we all know how the movie ends...
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When you are in a losing trade, the easiest way to sense check your position is to ask yourself a very simple question:
If I didn’t have this position, would I enter in it now?
If the answer is no, why do you still hold that position?
Move on.Loses are just business overheads.
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Not touching $GME $AMC or any other high volatility popular stocks this week.
Why?I don’t feel I have an edge.
If I don’t have an edge,I do not have a trade.
There are many better opportunities on the market.
Control your FOMO.Stick to what will pay you rather than what might
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