Post: #26

SaaS Sales!!! Start as SDR/BDR move into Account Executive (Now you're making 6 figs) get some equity, welcome to the good life. Rack up some cash and start a business or finance the business you have already.

Post: #27

Become a Forex trader. You can open an account with 600 dollars and grow that to 30,000 in 90 days.

But you have to work hard. You need the strategy from an experienced trader and you have to learn it. You have to practice chart patterns every day, trade Tuesday to Thursday but only after you've had 100 trades on a Demo account and 80 per cent of those are accurate.

After that it's all about risk management, strategy and psychology. Your own psychology.

But beware 92 per cent of Forex traders fail. Only smart traders can make it work.

Post: #28

(10-26-2018 04:21 PM)Jefferson Wrote:  Become a Forex trader. You can open an account with 600 dollars and grow that to 30,000 in 90 days.

But you have to work hard. You need the strategy from an experienced trader and you have to learn it. You have to practice chart patterns every day, trade Tuesday to Thursday but only after you've had 100 trades on a Demo account and 80 per cent of those are accurate.

After that it's all about risk management, strategy and psychology. Your own psychology.

But beware 92 per cent of Forex traders fail. Only smart traders can make it work.

Are you a smart Forex trader?

Post: #29

If you’re not a pussy and will to get your hands dirty working in the elements, I can get you into my trade in the oil sands. You’ll need to move to Alberta, have a drivers license and pass a piss test. You can make about $60-80K in your first year and 100-120K by your second. I can link you to a dozen or so other RVF members who have taken my advice over the past several years and they’re all doing fairly well. Check out my oil sands thread and PM me for more details if you’re interested.

Post: #30

(10-23-2018 07:55 PM)Off The Reservation Wrote:  Can you name some specific things you like doing, places you like spending time or skills you have as in what you feel you could offer?

You have no job at all now?

I do have a job. It's only part time though. Since graduating I've been submitting applications online pertaining to my major. I also worked two other jobs for most of the time I was in my university, so that racked up three years experience, more or less.

Most of the time I don't qualify for the jobs I applied for relating to my major though, despite the ads usually being listed as 'entry level', because they expect experience in the field itself prior to anyone applying.

Before getting my current part time job, I tried doing some work for a temp agency for a while (which was hell). I also changed my resume a total of five or so times, trying to kill any imperfection on it. I even changed the format a few times by itself just to try giving it a better overall look.

The past few months I started applying to anything that said it paid $13+ an hour (major and non major related), because I'm tired of making only a dollar above min wage.

That hasn't really worked out so far, but I have an interview coming up for a better job later this week. I'm hoping it goes well.

When I'm not working or applying to places, I'm either doing martial arts, at the bar or something at home.

(10-23-2018 09:58 PM)EmpireState Wrote:  Ever tried learning to code? There are reputable coding schools that will teach you what you need for free to get a job earning between 60k - 100k+ (although most likely around 65-70k). After you get the job, you pay the school 15% of your salary for a year I think, and if you don't get a job as a software engineer, you pay them nothing. Examples of this type of school include App Academy and Hack Reactor.

Thanks for the suggestion. Assuming there isn't some catch to it, I'd consider this more if I weren't terrible at math.

(10-23-2018 10:24 PM)Cattle Rustler Wrote:  Oilfield...save up, then do something else.

If you can lift and want days off, go frac or floorhand (90-110K). If you're lazy af go water transfer, plenty of free time (55-75K). If you're lazy but can handle being months on a location, go flowback (120K+).

Thanks for the suggestion. I'll consider doing this in the long run if worse comes to worse. I assume that you'd need some experience before they start paying you that much off that bat though, no?

(10-24-2018 07:58 AM)kosko Wrote:  OP?

What is your educational background and what work experience field have you collected the bulk of your experience? I am in the same boat as you but older so I am appearing this at an accelerated level.

From what I have realized is that you don't get good income unless you have one or many skills or work specialized fields. The bulk of jobs are service or operations which are low pay, slow in upward mobility, and capped (you get chopped at becoming an operation or service "manager" working your ass off for meager increase in pay). Most then find a way into a skilled field but general laziness keeps them stagnant or on the typical ladder towards debt and working till they are 70.

The key is to avoid the service snd operations jobs and to only work skilled or specialist fields. While young you can do oil or other of these sorts but I would look at ways to attain skills that are linked to good compensation. These can be code, sales, or a future proof tangible technical skill. If you are crafty then learn some sort of crastmanship skill that can't be automated.

Once you focus on skills income you start to connect the dots and a pathway towards good compensation becomes much more clear.

Myself, after being sold propaganda while younger that sales is a dirty and lowly profession I am going to put myself in a position to learn the skill. Analytic skill I am still trying to narrow down but I've explored learning basic/intermediate accounting and marketing. Also, looking at ways to be a factor in now legal weed here in Canada.

At your age you have lots of time but start to think a kit how you can, with a steady pace, learn good skills and strain experience in putting those skills to work. If I was 22 again I would jump into sales because that is where money is. No business exists without sales.

Also, at 22 go work the best paying job you can get and go rough it for a little while. Stack as much money that can enable you to have good savings and acquire an asset of worth. The guys that hustled early to get enough little money to get a little condo they could rent out hedged themselves well. You'll see dudes your age blowing money on Hennessey and vacations to Thailand to go bang mediocre Australian girls. Don't get caught in that respect and get yourself ahead early so you can enjoy much better third when you hit your stride at 27/28. If I knew then what I knew now this would have been my focus.

Good luck with your journey.

My educational background was in Communications (focusing on PR). Go figure that it turns out to be a useless degree.

I have 3 or so years experience working unrelated service jobs (not going to put too much info atm, don't want to accidentally dox myself).

The message I'm getting from most of these posts is to focus on broadening my skill further instead of trying to work my way up the job latter to end up stagnating down the line; with some entrepreneurship of some sort on the side.

On the topic of the condo thing, I had read about real estate a few months ago. Wouldn't that be another field that technically will never go away, considering people are always buying land?

(10-26-2018 04:21 PM)Jefferson Wrote:  Become a Forex trader. You can open an account with 600 dollars and grow that to 30,000 in 90 days.

But you have to work hard. You need the strategy from an experienced trader and you have to learn it. You have to practice chart patterns every day, trade Tuesday to Thursday but only after you've had 100 trades on a Demo account and 80 per cent of those are accurate.

After that it's all about risk management, strategy and psychology. Your own psychology.

But beware 92 per cent of Forex traders fail. Only smart traders can make it work.

I'll look into this. Thanks.

(10-26-2018 08:50 PM)scotian Wrote:  If you’re not a pussy and will to get your hands dirty working in the elements, I can get you into my trade in the oil sands. You’ll need to move to Alberta, have a drivers license and pass a piss test. You can make about $60-80K in your first year and 100-120K by your second. I can link you to a dozen or so other RVF members who have taken my advice over the past several years and they’re all doing fairly well. Check out my oil sands thread and PM me for more details if you’re interested.

Thanks. I'll send you a PM.

Post: #31

(10-26-2018 04:21 PM)Jefferson Wrote:  ...You can open an account with 600 dollars and grow that to 30,000 in 90 days...

Uhm...no. This is almost impossible. Yes there might be some who achieved that but they are the exception. And if you take a newbie, tell him 600-> 30000 in 90 days it is almost guaranteed that he becomes one of those over 90% who fail on the market. I think 0.5% - 1% a day for CRYPTOS! are fine. As for FOREX I would go with a much higher capital and much smaller percentage per day. 0.25% is already really high.
I agree however with the option of opening a demo account.
@OP check tradingview.com in there you can choose among many things and do paper trades. Just check what works best for you and give it some time. If you think you recognise patterns or just feel more confident, try it. Never invest what you can afford to lose. Also check information about Japanese candlesticks
http://www.babypips.com/learn/forex/japa...heat-sheet , learn about Support and Resistance as well and check various tutorials, explanation videos, because there are also some people who give you half ideas or wrong ideas so that they can sell you their 'classes'.
Be careful, but also take some risks.

Post: #32

1. Get a part time or full time job teaching martial arts - it's so popular now with MMA's increase in popularity over the last 5 or so years
2. Teach yourself basic coding (you can learn it online free), and then go get a job at a company where they take you on a traineeship to increase your skills and pay you at the same time. You can even build websites on the side as a side income for some extra cash
3. Anything internet marketing related (also most things online free) - there's so many options and things you can make money out of. Start google searching internet marketing jobs. If you really dedicate yourself - you could be making 100k+ in 3 years without paying for any training or degrees in it.
If you are super lazy and want some easy cash - look up social media management. There are literally people who get paid to post on company's social media accounts.
Almost every company in the world wants internet marketing professionals. Even most of the ones working at companies now are fairly average or not very driven (if they were good they would be out working for themselves)
You can also work for yourself as a consultant

The world is your oyster in this day and age if you want to put the work in.

My biggest tip to you though, is, if you want to crawl out of that hole you are in - be super dedicated.
Make a choice to be successful, work on it everyday, and don't stop until you get to where you said you would.

Post: #33

The key problem to get an answer is that the question is not that great. What I mean by this is, that is way too broad. There will be as many answers as many replies, for almost all of us have different background, experience, goals, and expectations.

Perhaps the best way would be to reverse engineer, or do backward chaining. If the OP is only concerned with income and very open minded, the first thing would be to look at what jobs provide best salary, and work from there, with a number of constraints built-in, e.g., "not X because of Y", "achievable within timeframe Z and so on.

Post: #34

Do not forget about your expenses.

You are probably wasting money on crap you do not need.

New carpet for apartment. Waste. Leather couch. Waste. Brand name clothes. Waste. McDonalds. Waste. Cany bars. Waste. Expensive after shave. Waste. Wine tasting date. Waste. Spotify. Waste. Flowers for mum. Waste. Television. Waste. iPhone. Waste.

Try buying only fresh and healthy food for a month (and toilet paper). See how little money you really need. Go live in a smaller shittier apartment.

You get the idea.

Most people, when they make more money, they spend more money. Then they go make even more money. And spend more money. It never ever ends. You can be a millionaire and still not have enough money. Damn. Even billionares have trouble paying the bills for all those useless mansions.

Post: #35

(10-26-2018 07:43 PM)JackinMelbourne Wrote:  Are you a smart Forex trader?

Too early to say.

Post: #36

(10-31-2018 05:42 AM)Obermarschall Wrote:  Uhm...no. This is almost impossible. Yes there might be some who achieved that but they are the exception. And if you take a newbie, tell him 600-> 30000 in 90 days it is almost guaranteed that he becomes one of those over 90% who fail on the market. I think 0.5% - 1% a day for CRYPTOS! are fine. As for FOREX I would go with a much higher capital and much smaller percentage per day. 0.25% is already really high.
I agree however with the option of opening a demo account.
@OP check tradingview.com in there you can choose among many things and do paper trades. Just check what works best for you and give it some time. If you think you recognise patterns or just feel more confident, try it. Never invest what you can afford to lose. Also check information about Japanese candlesticks
http://www.babypips.com/learn/forex/japa...heat-sheet , learn about Support and Resistance as well and check various tutorials, explanation videos, because there are also some people who give you half ideas or wrong ideas so that they can sell you their 'classes'.
Be careful, but also take some risks.

It is definitely possible to grow a Forex account from 600 dollars to 30,000 in 90 days.

One of the legendary traders, Michael Marcus, has a documented trade history, and so do many other traders:

https://en.wikipedia.org/wiki/Michael_Marcus_(trader)

Of course you are the exception if you make it work, hence my caveat that 92% of Forex traders lose money which I included for caution.

But that's in any profession, 92% of actors don't get paid 100 million a year, 92% of footballers don't get paid 100 million a year, 92% of lawyers don't get paid 5 million year. In EVERY chosen field only the top few percent succeed.

To let that intimidate you is not a good way to succeed.

0.25% a day is very high indeed, but you can make a lot more than 1% a day with Forex. People have grown 5000 USD accounts into a million USD in three years.

Yes, these are exceptions, and OP will most likely fail. However not if he does what I say, if he learns a strategy from an experienced and successful trader first that is proven, does proper risk management and only risks 1-3% on each trade and keeps his psychology in check. Of course most people don't do that, hence they fail.

If you calculate the maths, say you have a 500 dollar account. You only risk 2%. It means you can have a losing streak of 35 bad trades and still you have not wiped out your 500 dollar account. And nobody has those kinds of losing streaks. With a proper strategy you should be right 70 per cent of the time.

Babypips is an ok site, forexpeacearmy.com is another good one, but I would never recommend to trade just because 'you think you recognize patterns'. That is a recipe for guaranteed failure. And I've been there, I've done that and lost money, so I know what I'm talking about. The way to succeed is to have a proper, proven strategy from an experienced trader that has a proven track record. Learn that strategy, ideally pay to get him to tutor you, which is very expensive, but that is the best way. Better to spend 15000 on tutoring than just lose that money by not knowing what you're doing.

If you have the right strategy you will make money on Forex, and you can do it very quickly. Actually you can become a millionaire with three forex trades, purely from a mathematical perspective, but that would be gambling and you are almost certain to fail.

The way to succeed is to learn a proven strategy, apply good risk management of less than 3% per trade and do scalping or day trading. Quickly in and quickly out, but you really, really need to know what you're doing. Without a strategy whatever pattern you think you recognize is a ticket to a lost trade.

Post: #37

(10-23-2018 02:28 PM)Coffee Wrote:  Long story short, I'm tired of working a shit job and want to make some decent money so I can do something slightly more meaningful in life.

I have work experience and a degree as well. I graduated from a university nearly a year ago now, but haven't made any progress finding a job in my field of study though. Instead I have been jumping around from different part time jobs. Skill wise beyond that, I'm also experienced in martial arts, if that's worth mentioning.

What's the best route for achieving some sort of financial success so you can achieve some sort of short/long term goals? I see a lot of people talking about entrepreneurship and/or crypto here, are they worth looking into?

Can you share with the forum what your plan was BEFORE you graduated?

Post: #38

(10-26-2018 04:21 PM)Jefferson Wrote:  Become a Forex trader. You can open an account with 600 dollars and grow that to 30,000 in 90 days.

But you have to work hard. You need the strategy from an experienced trader and you have to learn it. You have to practice chart patterns every day, trade Tuesday to Thursday but only after you've had 100 trades on a Demo account and 80 per cent of those are accurate.

After that it's all about risk management, strategy and psychology. Your own psychology.

But beware 92 per cent of Forex traders fail. Only smart traders can make it work.

Did you ever make money trading forex? I mean constant stream of income not just double your account because you bet on the right side of a news.
Look at my older posts, I was actually living from forex for around 2 years. Most stressful part of my life.

Yes I got to travel because I was self-employed online, but all my friends who went into affiliate marketing for example, ended up with 10x my bank roll in the end.
And better health.

Post: #39

Did you have a strategy from an experienced trader who had a proven track record?

What strategy did you use?

So if you were able to live off Forex for two years you must have been doing well at that time? Why did you stop, because you blew up the account or because of stress?

I know most people fail in Forex, but it is down to the strategy you use, your risk management and if you can handle the psychology.

Post: #40

(11-05-2018 10:09 AM)Jefferson Wrote:  Did you have a strategy from an experienced trader who had a proven track record?

What strategy did you use?

So if you were able to live off Forex for two years you must have been doing well at that time? Why did you stop, because you blew up the account or because of stress?

I know most people fail in Forex, but it is down to the strategy you use, your risk management and if you can handle the psychology.

You keep deflecting when people ask about your experience. So did you make millions off forex or not?

Post: #41

No OP, I did not have any experience to get into the oilfield. Just the will to work work and show up to work every day because I needed the money. Work ethic and showing up gets you ahead of 95% of the folks in the industry.

Post: #42

OP

HR is a really nice job, and with your psychology degree you should be golden.. you get to be the boss of people whom you should not be.. right when you start, just because it’s HR. They make good bucks.

Correct me if I am wrong here anyone, but this is what I have seen?

Post: #43

Study automation, there are a lack of experts because the area is so new and developing rapidly.
Lots of rule-based jobs will be automated in coming years and if they still exist, they won't be well paid.

Post: #44

Check out Wallstreet Playboys

Post: #45

Fly to Fort Lauderdale, try to work on a yacht and save almost everything you make (don't have to pay for rent or food). There are also cash tips, crazy amounts of pussy and amazing locations you get to go to. Hard work and long hours though.

The commercial side of the maritime industry (cargo ships, tankers, tugs, etc.) can pay really well.

Post: #46

Investing in stock is a great source to earn money. Now many big companies such as Uber, Palantir etc. are looking to go public this year. If you check out Pre IPO Pros that gives you a chance to understand and gain knowledge about the stock market and performance of elite investors, you will know, it is easy to earn money by following the right step at right time.

Post: #47

(11-08-2018 07:42 AM)Mig Picante Wrote:  Study automation, there are a lack of experts because the area is so new and developing rapidly.
Lots of rule-based jobs will be automated in coming years and if they still exist, they won't be well paid.

Automation in what, food industry, car, pharma..?? Automation is so broad.

Post: #48

Working currently on a offshore vessel (North sea) salary approx 7000 USD. 28 - 28 days rotation work 6 months a year get paid 12.

Started 10 years ago as a engine hand.

Non-Us citizen, But checking out the possibility, for work in commercial shipping could be a option. The US have the biggest offshore fleet, and have meet North-American sailors in Korea, Brazil, Singapore. So if you get lucky could get work Deep-Sea and get to see other parts off the world.

Post: #49

(11-05-2018 10:09 AM)Jefferson Wrote:  1.Did you have a strategy from an experienced trader who had a proven track record?

2.What strategy did you use?

3.So if you were able to live off Forex for two years you must have been doing well at that time? Why did you stop, because you blew up the account or because of stress?

I know the guy is banned, but I will still answer some questions for those who were thinking about Forex.

1. Of course I used a trading strategy and money management that I could repeat. The experienced trader was me after around 1 year of daily testing all technical and fundamental ways to enter and exit trades.
Lets not kid ourselves, what you want is an edge, a way to predict the price more than 50% of the time.

2. Successful traders dont usually share their strategies...because they actually make money out of it. Unsuccessful traders are those who sell their services
But since im not trading anymore, I can say it was 100% contrarian strategy based on the liquidity levels of the market.

3. I turned 100$ into 15 000$ and started traveling (you can check my old posts). I stopped because yes, some days, or weeks, you will not be in profit or even loose money and it just adds up to the stress. Its not like a normal job that you know will produce a paycheck at the end of the month. Its actually possible to be negative.
Also when you trade with high-leverage you are at the mercy of "blackswan events". For example I lost 4 digits multiple times for bullshit reasons like flooding in australia or a central-bank wire sent in the middle of the night. You just dont have control over these things and it gets tiring at the end.