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When I look at this question, I see the answer in two parts:

1) what kind of lifestyle do you want?

and

2) how much money do you need to start trading to get to that lifestyle?

Lifestyle
What kind of lifestyle do you want?

You will first need to answer this question before moving on to the next. Do you want to party 5 nights a week and spend $200 a night? Do you want to live in a $5 million mansion? Maybe you just want to be a stay-at-home parent who has a few hundred dollars a month to help support your family.

This also applies to where you wish to live. If you’re trading in the U.S. market but living in Costa Rica, the lifestyle costs are different. You need to do some research and calculate what type of lifestyle you need or want and configure costs.

#starttrading #tradingstocks #tradinglifestyle #tradingbeginners #stocktrading #tradingforliving

Posted at: https://tradersfly.com/blog/money-need-to-start-trading-for-a-living/

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???? ABOUT TRADERSFLY
Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.

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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

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