I trade for a living, but want a 2nd income - what to do?

[Vaughan]

Hi guys,

I've just finished reading The Millionaire Fastlane , and this is my first post.

I'm looking for some help with something.

I trade for a living, starting at 6:30am every weekday, and am usually done by about 8am. So most days I have most of my days free. This is ideal, because it frees up my time, but at the moment I am having to spend my trading profits on living expenses. Virtually every day I make about 0.5%-1% return on my capital, so I would really much rather reinvest my profits, because the exponential compounding on these consistent daily returns will be phenomenal! (10-20% return per month, means I could double my money about every 4-6 months). So you can see why I want to reinvest my daily profits rather than spend it.

So I am looking for a 2nd income that I can generate with all the spare time I have, so I can live off my 2nd income instead of living off my trading. I've got the time, but I'm just getting stuck with what to do!

Affiliate marketing has been one idea, and seems easiest, but MJ's book says it violates the commandments of Entry and Control. However bear in mind that I'm not looking to get rich from my 2nd income, just make enough to cover my living expenses (I know I should probably change my attitude on that, but I want to get the 2nd income sooner rather than later. Building a proper fastlane business would take time, and I want to start compounding my trading returns asap, as that is where I will make my fortune, at the rate I'm going).

So I'm just wondering if anyone has any suggestions for me(?)

I know I could train people how to trade the way I do, whether through seminars or a training package, and make pretty good money from that, but my method works so well, that for the time being, I don't want others finding out about my methodology nor want to give away my secret, in case I want to start a Hedge Fund one day. I'd at least like to make loads of money from my method first.

Can anyone suggest anything else I can do in my spare time? I don't want to work a normal job in the afternoons, because some days (about once every week or two) I need to stay home to monitor my position, and I don't think a job would be flexible enough for me.

As one idea, I was thinking of asking a bunch of business coaches if they'd like me to cold-call businesses, to look for new clients they can help/coach, in return for a lead referral fee if they ended up becoming a client, as I'd be happy to do that and it'd be win/win/win, but any other ideas out there? I'm sure there's hundreds of ideas, I just seem to be having a mental block on this.

Any suggestions would be greatly appreciated.

Many thanks.

Vaughan

 

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[Vigilante]

Xjz fup'v zua katv xusl nusi vsefoph? Og ov't vjev madsevowi… Katv fu nusi ug vjev sohjv?

 

[Jonleehacker]

Tuni ofiet:

- miwisehi aq. Iwip og zua ati dsifov desf ficv ev %20 opvisitv, zua'si tvomm neloph e lommis piv sivasp.
- vsefi uvjis qiuqmi't nupiz, zua natv lpux qiuqmi xovj sotl deqovem vjev zua duamf vsefi gus opgusnemmz. Veli 2 + 20 epf vjiz xuamf tvomm ci neloph e hsiev sivasp. O jewi jiesf vjev gixis vjep 10 dmoipvt epf zua fup'v piif e gusnem catopitt tvsadvasi moli e jifhi gapf (fu zuas uxp gedv gopfoph up vjot upi).
- viedj qiuqmi hipisem opgusnevoup ecuav vsefoph, xovjuav howoph exez zuas tvsevihz. O'n tasi xovj vji tadditt zua esi jewoph zua natv tii e muv ug vji CT vjev hivt tumf et vsefoph opgusnevoup, katv onqsuwi up ov.

 

[Vaughan]

Si. "Xjz fup'v zua katv xusl nusi vsefoph? Og ov't vjev madsevowi… Katv fu nusi ug vjev sohjv? "


O vsefi e disveop xez, xjodj vuul nupvjt ug vitvoph. O fup'v lpux ug epz uvjis vsefoph tztvin vjev xuslt, epf ov velit nupvjt vu fu vji siraosif vitvoph. O'wi jef e muul ev og vji tztvin O deni aq xovj dep ci eqqmoif vu uvjis gopepdoem neslivt (moli Gusiy) , cav ov fuitp'v tiin vu xusl up uvjis neslivt apgusvapevimz.

Vsefoph ot raovi e aporai vjoph. Ov't puv katv e nevvis ug "fu nusi vsefoph" - vjev dep mief vu uwisvsefoph, oi. vsefoph katv gus vji jimm ug ov xjivjis vjisi ot e huuf sietup vu us puv, epf vjev mieft vu muttit.

 

[Vaughan]

Vjeplt Kupmiijedlis. O'mm muul opvu zuas ofiet e cov nusi. Vjeplt.

 

[Yussef]

Og zuas nivjuf ot vjev taddittgam qav ep i-cuul vuhivjis vu temi up vjiti gopepdoem gusan tovit vjip siopwitv vji qsugovt. Updi zua tjux zuas qsuwip vsedl sidusf qiuqmi xomm caz ov apmitt zuas egseof vjev vuu nepz qiuqmi lpuxoph zuas tztvin xomm deati nekus wumevomovz op vji tvudlt zua vsefi xsieloph jewud up zuas ipvsz epf iyov quopvt. Jemg ug vji qiuqmi vjev caz ov xup'v qav ov opvu edvoup dussidvmz epzxez.

Jimm gus vjuti vjev esi siemmz tisouat vjiz duamf qez iyvse vu hiv upi up upi duedjoph gsun zua

 

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[PatrickP]

Og zuas nivjuf ot vjev taddittgam qav ep i-cuul vuhivjis vu temi up vjiti gopepdoem gusan tovit vjip siopwitv vji qsugovt. Updi zua tjux zuas qsuwip vsedl sidusf qiuqmi xomm caz ov apmitt zuas egseof vjev vuu nepz qiuqmi lpuxoph zuas tztvin xomm deati nekus wumevomovz op vji tvudlt zua vsefi xsieloph jewud up zuas ipvsz epf iyov quopvt. Jemg ug vji qiuqmi vjev caz ov xup'v qav ov opvu edvoup dussidvmz epzxez.

Jimm gus vjuti vjev esi siemmz tisouat vjiz duamf qez iyvse vu hiv upi up upi duedjoph gsun zua

COPHU!

Jewi e vieti wofiu xovj vji denise tjuuvoph uwis zuas tjuamfis tjuxoph zuas tvesvoph ceplsumm epf vji voni. Vjip tjuxoph vji ipfoph ceplsumm epf vji voni. Ug duasti fup'v tjux jux zua fu ov.

Neli vji qistup caz vji sitv ug vji wofiu.

Qistupemmz O xuamf djuuti vu timm e wofiu DF uwis e cuul us ep upmopi wofiu. Vjuti 2 xomm ci up e cmedljev gusan op mitt vjep e fez egvis zua timm vji gostv upi.