. I'm going to speak to you directly, without smoke or magic promises. Becoming a millionaire in the long term through trading is possible, but it is neither quick nor easy. It requires discipline, strategy, and patience.
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💸 1. Mindset: first you're an investor, then a trader
You won't become a millionaire trading every day without knowing what you're doing. First, you need to have a capital creator mindset. Think in 10 years, not in 10 days. Here are the real pillars to achieve it:
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📚 2. Education: the foundation of a million
• Learn technical analysis (candlestick patterns, support, resistance, patterns).
• Learn fundamental analysis (macro, interest rates, global economy).
• Study risk management (90% of traders who fail do not manage their capital).
• Read books like:
• Trading in the Zone – Mark Douglas
• The New Trading for a Living – Alexander Elder
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💼 3. Start small but think big
• If you have 100 USD today, don't put it all in one trade. Trade with 1-2% per operation.
• Simulate first (demo account), then move to real.
• Your initial goal: do not lose.
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📈 4. Trading strategy
There is no magic recipe, but there are systems that work if you are disciplined:
Simple strategy to start:
• Timeframe: daily
• Indicators: EMA 20/50 + RSI
• Entry: EMA crossover + RSI confirmation below 30 (buy) or above 70 (sell).
• Fixed or trailing Stop Loss and Take Profit.
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⏳ 5. Compounding and patience: the millionaire's formula
• If you achieve a constant monthly return of 5%, and reinvest each profit (compound interest), you can multiply your capital exponentially:
Simulation:
• You start with 1000 USD
• Monthly return: 5%
• In 5
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